NOT LISTED FOR SALE

1537 7 1/2 Ave NE Rochester, MN 55906

Estimated Value: $243,000 - $251,000

2 Beds
1 Bath
1,003 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $60,000 $60 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,512/month

17 Days on Market

Highlights

  • Formal Dining Room
  • 1 Car Detached Garage
  • 1-Story Property
  • Jefferson Elementary School Rated A-
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

As of October 2013

Great neighborhood for this two bedroom, one bath home. House needs some TLC, but could be great starter home or rental.

Last Agent to Sell the Property

Tami Timbeross

Elcor Realty of Rochester, Inc. Listed on: 08/20/2013

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,426

Year Built

  • 1946

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50' x 133'

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,003 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 742534002970

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,426

Year Built

1946

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.15
  • Parcel Number: 742534002970
  • Range: 14.00
  • Section: 25.00
  • Stories: 1 Story
  • Taxes With Assessments: 1536
  • Twp Number: 107.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1946

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1003
  • Total Fin Square Footage: 1003
  • Total Square Footage: 2006

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 50' x 133'

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Derby Jody K and Derby Maynard C
Bought by
Richey Denton T and Miranda M Trust
Current Estimated Value
$245,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Outstanding Balance
$170,613
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$67,220

Purchase Details

Listed on
Aug 20, 2013
Closed on
Sep 17, 2013
Sold by
Wells Fargo Bank Na
Bought by
Derby Maynard C and Derby Jody K
Seller's Agent
Tami Timbeross
Elcor Realty of Rochester, Inc.
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Keller Robert J and Keller Jennifer
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 29, 2005
Sold by
Keller Robert J
Bought by
Keller Robert J and Thomas Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.59%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Richey Denton T $190,000 None Available
Derby Maynard C $60,000 None Available
Wells Fargo Bank Na $73,710 None Available
Keller Robert J -- Industry Partners Title Inc
Trost Miranda Miranda $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey Denton T $186,558
Previous Owner Keller Robert J $116,000
Previous Owner Keller Robert J $29,000
Previous Owner Keller Robert J $104,000
Closed Trost Miranda Miranda $186,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2013 10/16/13 Sold $60,000 -7.7% $60 / Sq Ft
09/06/2013 09/06/13 Pending -- -- --
08/20/2013 08/20/13 For Sale $65,000 -- $65 / 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 $2,426 $197,200 $45,000 $152,200
2023 $2,426 $192,600 $45,000 $147,600
2022 $2,314 $183,400 $45,000 $138,400
2021 $2,216 $168,200 $35,000 $133,200
2020 $2,164 $160,900 $35,000 $125,900
2019 $2,004 $150,700 $16,800 $133,900
2018 $1,774 $140,200 $16,800 $123,400
2017 $1,720 $127,100 $16,800 $110,300
2016 $1,590 $118,000 $16,800 $101,200
2015 $1,572 $106,600 $16,800 $89,800
2014 $1,506 $111,900 $16,800 $95,100
2012 -- $108,900 $16,800 $92,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tami Timbeross

    Elcor Realty of Rochester, Inc.

  • R

    Buyer's Agent in 2013

    RASM STAFF

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4525438

REALTOR® Association of Southern Minnesota

APN: 74.25.34.002970

Minnesota Olmsted County Rochester 55906

1537 7 1/2 Ave NE, Rochester, MN

This home is located at 1537 7 1/2 Ave NE, Rochester, MN 55906 since 20 August 2013 and is currently estimated at $245,977, approximately $245 per square foot. This property was built in 1946. 1537 7 1/2 Ave NE is a home located in Olmsted County with nearby schools including Jefferson Elementary School, Kellogg Middle School, and Century 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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