NOT LISTED FOR SALE

1525 4th Ave NW Rochester, MN 55901

Washington Neighborhood

Estimated Value: $251,000 - $268,000

2 Beds
1 Bath
7,590 Sq Ft
$34/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $215,000 $28 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,561/month

63 Days on Market

About This Home

As of March 2013

Excellent sevenplex located in southeast Rochester. One three bedroom, five two bedrooms, and one one bedroom. Separate electrical, every unit has a tuck under garage stall, on site laundry. Contact Ed, Nick,or Bucky to view property, as 24 hour notice is needed for tenants. Must speak with listing agent(s) to confirm showing. Will send rent roll/income&expense if needed.

Last Agent to Sell the Property

Edward Pompeian

Realty Growth, Inc. Listed on: 11/29/2012

Co-Listed By

Nick Pompeian

Realty Growth, Inc.

Last Buyer's Agent

Kati Berg

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1977

Lot Details

  • 0.44

Parking

  • Tuck Under Garage

Home Design

  • Frame Construction
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,590 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Block Basement Construction

Additional Features

  • 0.44 Acre Lot
  • Boiler Heating System

Community Details

  • 7 Units

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric
  • The owner pays for fuel, lawn, maint/repair, snow, trash, water/sewer
  • Assessor Parcel Number 64.12.23.019953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Parcel Number: 64.12.23.019953
  • Price Per Square Foot: 26.57
  • Rental License: Yes
  • Section: 12.00
  • Stories: 2 Story
  • Twp Number: 106.00
  • Estimated Number of Acres: 0.44
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 7590
  • Total Square Footage: 8092
  • Below Grade Finished Sq Ft: 502

Exterior Features

  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Tuckunder

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 19166.4

Rental Info

  • Owner Expense: Fuel, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV, Electric

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2012
  • Tax Value: 4412

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2016
Sold by
Woods Bethany W
Bought by
Wynn Myra K
Current Estimated Value
$259,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,110
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2011
Closed on
Mar 30, 2012
Sold by
Three Rivers Community Action Inc
Bought by
Woods Bethany A
Seller's Agent
Shirley Lee
Counselor Realty Rochester
Buyer's Agent
James Dunbar
Property Brokers of Minnesota, Inc.
List Price
$96,000
Sold Price
$127,500
Premium/Discount to List
$31,500
32.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$79,380
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Three Rivers Community Action Inc

Purchase Details

Closed on
Nov 5, 2009
Sold by
Krause Shawnna M
Bought by
Minnesota Housing Finance Agency
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 Buyer Sale Price Title Company
Wynn Myra K $89,000 Title Services Inc
Woods Bethany A $81,000 Title Services Inc
First Homes Properties $46,500 Title Services Inc
Three Rivers Community Action Inc -- Northwest Title Agency Inc
Minnesota Housing Finance Agency $126,753 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wynn Myra K $88,110
Previous Owner Woods Bethany A $79,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2013 03/01/13 Sold $215,000 +2.4% $28 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
11/29/2012 11/29/12 For Sale $210,000 +64.7% $28 / Sq Ft
04/02/2012 04/02/12 Sold $127,500 +32.8% $59 / Sq Ft View Prior Sale
01/24/2012 01/24/12 Pending -- -- --
11/03/2011 11/03/11 For Sale $96,000 -- $45 / 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
2024 $2,266 $240,900 $35,000 $205,900
2023 $3,028 $252,900 $35,000 $217,900
2022 $2,550 $232,700 $35,000 $197,700
2021 $2,390 $201,800 $35,000 $166,800
2020 $2,298 $190,600 $25,000 $165,600
2019 $2,136 $178,200 $25,000 $153,200
2018 $1,825 $168,200 $25,000 $143,200
2017 $1,668 $157,300 $25,000 $132,300
2016 $1,576 $110,300 $16,600 $93,700
2015 $1,482 $101,900 $16,300 $85,600
2014 $1,476 $103,000 $16,300 $86,700
2012 -- $105,300 $16,423 $88,877
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Edward Pompeian

    Realty Growth, Inc.

  • N

    Seller Co-Listing Agent in 2013

    Nick Pompeian

    Realty Growth, Inc.

  • K

    Buyer's Agent in 2013

    Kati Berg

    Keller Williams Premier Realty

  • S

    Seller's Agent in 2012

    Shirley Lee

    Counselor Realty Rochester

  • J

    Buyer's Agent in 2012

    James Dunbar

    Property Brokers of Minnesota, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4425242

REALTOR® Association of Southern Minnesota

APN: 74.26.34.011932

Minnesota Olmsted County Rochester 55901 Washington

1525 4th Ave NW, Rochester, MN

This home is located at 1525 4th Ave NW, Rochester, MN 55901 since 29 November 2012 and is currently estimated at $259,500, approximately $34 per square foot. This property was built in 1977. 1525 4th Ave NW is a home located in Olmsted County with nearby schools including Elton Hills Elementary School, John Adams Middle School, and John Marshall Senior High School.

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