NOT LISTED FOR SALE

1540 7th Ave SE Rochester, MN 55904

Meadow Park Neighborhood

Estimated Value: $322,000 - $340,089

5 Beds
2 Baths
1,943 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 1540 7th Ave SE, Rochester, MN 55904 and is currently estimated at $333,022, approximately $171 per square foot. 1540 7th Ave SE is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Gatzke Benjamin and Gatzke Daniela
Bought by
Fidelis Properties Llc
Current Estimated Value
$333,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$227,459
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$92,963

Purchase Details

Closed on
Dec 8, 2021
Sold by
Hindermann Mark J
Bought by
Gatzke Benjamin and Gatzke Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.09%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Fidelis Properties Llc $305,000 --
Gatzke Benjamin $945,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fidelis Properties Llc $244,000
Previous Owner Gatzke Benjamin $800,000
Previous Owner Gatzke Benjamin $28,000
Previous Owner Gatzke Benjamin E $100,000
Source: Public Records

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 $3,602 $279,300 $45,000 $234,300
2023 $3,602 $282,200 $45,000 $237,200
2022 $2,474 $263,600 $40,000 $223,600
2021 $2,282 $196,600 $30,000 $166,600
2020 $2,256 $183,300 $30,000 $153,300
2019 $2,086 $175,400 $30,000 $145,400
2018 $1,823 $165,000 $30,000 $135,000
2017 $1,790 $149,200 $19,800 $129,400
2016 $1,672 $118,700 $16,400 $102,300
2015 $1,574 $108,400 $16,100 $92,300
2014 $1,528 $109,600 $16,100 $93,500
2012 -- $109,500 $16,108 $93,392
Source: Public Records

Map

Minnesota Olmsted County Rochester 55904 Meadow Park

1540 7th Ave SE, Rochester, MN

This home is located at 1540 7th Ave SE, Rochester, MN 55904 and is currently estimated at $333,022, approximately $171 per square foot. 1540 7th Ave SE is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

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