$73,100
SOLD FEB 29, 2012

1514 3rd Ave SW Rochester, MN 55902

3 Beds
2 Baths
2,496 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$29 Per Sq Ft

18% Below List Price

74 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Fenced Yard
  • Mayo Senior High School Rated A-
  • Wood Flooring
  • 1 Car Attached Garage

About This Home

As of December 2014

TLC needed. Big things are done; high efficient furnace, steel siding, steel fascia, soffit and patio door in 2008. Water heater, water softener and humidifier in 2009. Includes newer deck with privacy fence, central air, replacement windows, several black walnut trees, hardwood floors, attached garage, fenced yard. Walking distance to Downtown, restaurants and shopping center.

Last Agent to Sell the Property

Bill Towey

RE/MAX of Rochester Listed on: 11/14/2011

Last Buyer's Agent

Andrew Mulholland

RE/MAX of Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 67x109
  • Fenced Yard
  • Many Trees

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • Woodwork
  • Wood Flooring
  • Disposal
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Property is near public transit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 641113008713

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Full
  • Estimated Number of Acres: 0.16
  • Parcel Number: 641113008713
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1170
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances: Disposal
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Second Floor
  • Room 5: On Level: Main
  • Room 6: On Level: Basement
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Room 15: On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1664
  • Below Grade Finished Sq Ft: 832
  • Total Fin Square Footage: 2496
  • Total Square Footage: 2496

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 67x109
  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2014
Closed on
Dec 1, 2014
Sold by
Mulholland Andrew and Mulholland Ellyn
Bought by
Sitzman Nathan F
Seller's Agent
Andrew Mulholland
RE/MAX Results - Rochester
Buyer's Agent
Randy Reynolds
Elcor Realty of Rochester, Inc.
List Price
$139,900
Sold Price
$127,835
Premium/Discount to List
-$12,065
-8.62%
Total Days on Market
74
Current Estimated Value
$253,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,638
Avg. Annual Appreciation
7.20%
Original Mortgage
$5,200
Outstanding Balance
$4,070
Interest Rate
3.97%
Mortgage Type
Negative Amortization
Estimated Equity
$261,318

Purchase Details

Listed on
Nov 14, 2011
Closed on
Feb 29, 2012
Sold by
Ameriprise Bank Fsb
Bought by
Mullholland Andrew and Mulholland Eilyn
Seller's Agent
Bill Towey
RE/MAX of Rochester
Buyer's Agent
Andrew Mulholland
RE/MAX of Rochester
List Price
$89,000
Sold Price
$73,100
Premium/Discount to List
-$15,900
-17.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%
Original Mortgage
$58,480
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2002
Sold by
Peterson Richard Arvid
Bought by
Peterson Richard A and Richard A Peterson Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $127,836 Rochester Title & Escrow Co
Deed $73,100 Rochester Title & Escrow Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,200 Negative Amortization
Previous Owner $125,518 FHA
Previous Owner $58,480 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $127,835 -8.6% $86 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/23/2014 09/23/14 For Sale $139,900 +91.4% $94 / Sq Ft
02/29/2012 02/29/12 Sold $73,100 -17.9% $29 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
11/14/2011 11/14/11 For Sale $89,000 -- $36 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,578 $219,800 $45,000 $174,800
2022 $1,816 $192,300 $35,000 $157,300
2021 $1,640 $152,200 $20,000 $132,200
2020 $1,630 $140,000 $20,000 $120,000
2019 $1,526 $135,000 $20,000 $115,000
2018 $1,341 $128,500 $20,000 $108,500
2017 $1,314 $117,700 $15,000 $102,700
2016 $1,590 $85,700 $11,400 $74,300
2015 $1,468 $78,900 $11,100 $67,800
2014 $1,500 $104,600 $15,000 $89,600
2012 -- $81,600 $11,229 $70,371
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Mulholland

    RE/MAX

  • R

    Buyer's Agent in 2014

    Randy Reynolds

    Elcor Realty of Rochester, Inc.

  • B

    Seller's Agent in 2012

    Bill Towey

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4179278

REALTOR® Association of Southern Minnesota

APN: 64.11.13.008713

Minnesota Olmsted County Rochester 55902

1514 3rd Ave SW, Rochester, MN

This home is located at 1514 3rd Ave SW, Rochester, MN 55902 and is currently priced at $73,100, approximately $29 per square foot. This property was built in 1958. 1514 3rd Ave SW is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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