NOT LISTED FOR SALE

1852 22nd St NW Rochester, MN 55901

Estimated Value: $307,000 - $456,000

4 Beds
2 Baths
3,172 Sq Ft
$113/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $285,600 $90 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,309/month

9 Days on Market

About This Home

As of January 2023

Fantastic side by side duplex with numerous updates. Tenants both have secured basement areas with laundry and each unit comes with a garage stall. Hard to find clean, turn key rental unit in Rochester!

Last Agent to Sell the Property

Brian Rossow

Property Brokers of Minnesota Listed on: 11/01/2022

Last Buyer's Agent

David Berglund

Summit Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 1963

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Sunset Terrace Elementary School
  • John Adams Middle School
  • John Marshall High School

Additional Features

  • Lot Dimensions are 63x115
  • Forced Air Heating System

Community Details

  • 2 Units
  • Northgate 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 742724017160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,332

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1612
  • Water Sewer Expenses: 1026
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Living Area: 3172
  • Below Grade Finished Sq Ft: 1560
  • Basement YN: Yes
  • Total Rooms: 5
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 4

Garage/Parking

  • Garage Square Feet: 440

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Lot Size: 63x115
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 742724017160
  • Tax Annual Amount: 4332
  • TaxWithAssessments: 4332.0000

Multi Family

  • ElectricExpense: 2394
  • FuelExpense: 1344

MLS Schools

  • Elementary School: Sunset Terrace
  • HighSchool: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 12, 2022
Sold by
Sawyer Marvin
Bought by
Aldrich Lisa and Aldrich Andrew
Seller's Agent
Brian Rossow
Property Brokers of Minnesota
Buyer's Agent
David Berglund
Summit Realty LLC
List Price
$300,000
Sold Price
$285,600
Premium/Discount to List
-$14,400
-4.8%
Views
2
Current Estimated Value
$358,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,029
Avg. Annual Appreciation
8.44%
Original Mortgage
$214,200
Outstanding Balance
$207,924
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$150,705

Purchase Details

Listed on
Jun 20, 2012
Closed on
Jan 9, 2014
Sold by
Taylor Christopher S and Taylor Lisa K
Bought by
Sawyer Marvin
Seller's Agent
Troy Seelhammer
Meier Realty
Buyer's Agent
Eric Brownlow
Coldwell Banker At Your Service Rea
List Price
$162,500
Sold Price
$150,000
Premium/Discount to List
-$12,500
-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
7.43%
Original Mortgage
$61,500
Interest Rate
4.5%
Mortgage Type
Commercial
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
Aldrich Lisa $285,600 --
Sawyer Marvin $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aldrich Lisa $214,200
Previous Owner Sawyer Marvin $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2023 01/03/23 Sold $285,600 -4.8% $90 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $300,000 +100.0% $95 / Sq Ft
01/08/2014 01/08/14 Sold $150,000 -7.7% $93 / Sq Ft View Prior Sale
12/02/2013 12/02/13 Pending -- -- --
06/20/2012 06/20/12 For Sale $162,500 -- $101 / Sq Ft
Source: NorthstarMLS

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 $5,130 $304,900 $40,000 $264,900
2023 $4,462 $291,700 $40,000 $251,700
2022 $4,180 $288,500 $40,000 $248,500
2021 $4,332 $250,100 $35,000 $215,100
2020 $3,682 $232,200 $35,000 $197,200
2019 $3,452 $211,200 $25,000 $186,200
2018 $3,231 $199,400 $25,000 $174,400
2017 $3,118 $192,000 $25,000 $167,000
2016 $3,112 $176,800 $25,000 $151,800
2015 $4,287 $166,100 $25,000 $141,100
2014 $2,862 $166,100 $25,000 $141,100
2012 -- $168,100 $25,000 $143,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6304386

NorthstarMLS

APN: 74.27.24.017160