NOT LISTED FOR SALE

1533 3rd Ave SW Rochester, MN 55902

Estimated Value: $235,000 - $289,243

4 Beds
2 Baths
960 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $151,000 $157 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,716/month

122 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Mayo Senior High School Rated A-
  • Fireplace
  • Landscaped with Trees

About This Home

As of June 2014

MINT! Remodeled on both levels, new kitchen, 4 br, 2 bath, (3 BR ON MAIN), fireplace, used as a duplex for relatives only! Not registered, but so nice. 2 kitchens, 2 baths, private lower level side entrance. Nice newer 2 car garage, cement driveway, hardwood floors, shows perfect and affordable. Professionally remodeled.

Last Agent to Sell the Property

Tom Meilander

Edina Realty Rochester Listed on: 01/11/2014

Last Buyer's Agent

Tom Meilander

Edina Realty Rochester Listed on: 01/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • 1962

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 64 x 110
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 641113008670

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Estimated Number of Acres: 0.16
  • Parcel Number: 641113008670
  • Range: 14.00
  • Section: 11.00
  • Stories: 1 Story
  • Taxes With Assessments: 1584
  • Twp Number: 106.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: On Level: Lower
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Lower
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Room 16: On Level: Lower
  • Room 17: On Level: Basement
  • Basement Features: Drainage System, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 960
  • Total Fin Square Footage: 960
  • Total Square Footage: 2288

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 64 x 110
  • Lot/Land Description: Landscaped, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2021
Sold by
Schwartz Lynn E and Victor H Schluze Living Trust
Bought by
Schwartz Lynn E and Bly Rebecca L
Total Days on Market
122
Current Estimated Value
$263,811

Purchase Details

Closed on
May 4, 2018
Sold by
Schulze Victor Victor
Bought by
Otten Zachary Zachary and Otten Jeanie Jeanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$133,282
Interest Rate
4.45%
Estimated Equity
$130,529

Purchase Details

Closed on
May 26, 2015
Sold by
Schulze Victor H and Schulze Elizabeth A
Bought by
Schulze Victor H and Victor H Schulze Living Trust

Purchase Details

Listed on
Jan 11, 2014
Closed on
Jun 3, 2014
Sold by
Pike Design & Construction Llc
Bought by
Schulze Victor H and Schulze Elizabeth A
Seller's Agent
Tom Meilander
Edina Realty Rochester
Buyer's Agent
Tom Meilander
Edina Realty Rochester
List Price
$159,900
Sold Price
$151,000
Premium/Discount to List
-$8,900
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Nov 26, 2013
Sold by
Schweitzer Richard D and Schweitzer Delores M
Bought by
Pike Design & Construction Llc

Purchase Details

Closed on
Oct 26, 2012
Sold by
Pike Design & Construction Llc
Bought by
Schweitzer Richard D and Schweitzer Delores M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jul 2, 2012
Closed on
Aug 15, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Pike Design & Construction Llc
Seller's Agent
Bill Hansen
RE/MAX Results Rochester
Buyer's Agent
Tom Meilander
Berkshire Hathaway HomeServices Lovejoy Realty
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$107,000
Interest Rate
3.28%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2011
Sold by
Drahos Dustin
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 29, 2005
Sold by
Forsman Scott L
Bought by
Drahos Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,120
Interest Rate
5.69%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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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
Schwartz Lynn E -- None Available
Schwartz Lyn E -- None Available
Otten Zachary Zachary $158,000 --
Otten Jeanie $158,000 None Available
Schulze Victor H -- Attorney
Schulze Victor H $151,000 None Available
Pike Design & Construction Llc -- None Available
Schweitzer Richard D $154,900 None Available
Pike Design & Construction Llc $85,000 None Available
Deutsche Bank National Trust Company $81,250 None Available
Drahos Dustin $143,900 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otten Zachary Zachary $153,000
Previous Owner Schweitzer Richard D $119,900
Previous Owner Pike Design & Construction Llc $107,000
Previous Owner Drahos Dustin $115,120
Closed Otten Jeanie $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2014 06/04/14 Sold $151,000 -5.6% $157 / Sq Ft
05/13/2014 05/13/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $159,900 +88.1% $167 / Sq Ft
08/23/2012 08/23/12 Sold $85,000 -14.9% $37 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $99,900 -- $44 / 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 $2,908 $244,000 $40,000 $204,000
2022 $2,692 $226,500 $35,000 $191,500
2021 $2,178 $189,100 $20,000 $169,100
2020 $2,164 $176,400 $20,000 $156,400
2019 $2,036 $169,600 $20,000 $149,600
2018 $923 $161,700 $20,000 $141,700
2017 $1,846 $153,000 $20,000 $133,000
2016 $1,552 $122,600 $16,700 $105,900
2015 $1,410 $100,300 $11,900 $88,400
2014 $1,762 $97,900 $11,800 $86,100
2012 -- $102,400 $11,991 $90,409
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tom Meilander

    Edina Realty Rochester

  • B

    Seller's Agent in 2012

    Bill Hansen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4569675

REALTOR® Association of Southern Minnesota

APN: 64.11.13.008670

Minnesota Olmsted County Rochester 55902

1533 3rd Ave SW, Rochester, MN

This home is located at 1533 3rd Ave SW, Rochester, MN 55902 since 11 January 2014 and is currently estimated at $263,811, approximately $274 per square foot. This property was built in 1962. 1533 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.

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