$85,000
SOLD AUG 23, 2012

1533 3rd Ave SW Rochester, MN 55902

4 Beds
2 Baths
2,288 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

15% Below List Price

17 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • 1-Story Property
  • Mayo Senior High School Rated A-
  • Property is near a preserve or public land
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

4 bedroom 2 bath Ranch home in SW. 3 bedrooms on main floor. Seperate entrance to basement which has a small kitchenette. Close to shopping and bike trails.

Last Agent to Sell the Property

Bill Hansen

RE/MAX Results Rochester Listed on: 07/02/2012

Last Buyer's Agent

Tom Meilander

Berkshire Hathaway HomeServices Lovejoy Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,089

Year Built

  • 1962

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 641113008670

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,089

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.16
  • Construction: Previously Owned
  • Parcel Number: 641113008670
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 1584
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Total Bedrooms: 4
  • 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: Main
  • Room 3: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1144
  • Below Grade Finished Sq Ft: 1144
  • Total Fin Square Footage: 2288
  • Total Square Footage: 2288

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 64 x 110

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
Current Estimated Value
$262,214

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
$132,450
Interest Rate
4.45%
Estimated Equity
$131,361

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
5.12%

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
9.14%
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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Range of Values:

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List 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
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $158,000 --
Deed $158,000 None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $151,000 None Available
Quit Claim Deed -- None Available
Contract Of Sale $154,900 None Available
Limited Warranty Deed $85,000 None Available
Sheriffs Deed $81,250 None Available
Warranty Deed $143,900 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $153,000 No Value Available
Previous Owner $119,900 Seller Take Back
Previous Owner $107,000 Construction
Previous Owner $115,120 Adjustable Rate Mortgage/ARM
Closed $0 Seller Take Back
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
2024 $3,089 $241,100 $40,000 $201,100
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4340720

REALTOR® Association of Southern Minnesota

APN: 64.11.13.008670