NOT LISTED FOR SALE

Rochester Towers 207 5th Ave SW Unit 607 Rochester, MN 55902

Historic Southwest Neighborhood

Estimated Value: $112,000 - $191,000

1 Bed
1 Bath
880 Sq Ft
4 Acres Lot

Sale Details

Date Sold: May 7, 2024

Last sale price $62,000 $70 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,497 / mo

11 Days on Market

Highlights

  • Community Indoor Pool
  • Living Room
  • Dining Room
  • Folwell Elementary School Rated A-
  • Central Air
  • Hot Water Heating System

About This Home

As of May 2024

Affordable living downtown is hard to come by and this provides just that! Imagine walking a short walk to work and some of the best dining and nightlife that Rochester has to offer. Association fee bundles your expenses for you and includes Gas, Sanitation, Insurance, Professional management and more!

Last Agent to Sell the Property

Adam Beadling

Real Broker, LLC. Listed on: 03/18/2024

Last Buyer's Agent

Adam Beadling

Real Broker, LLC. Listed on: 03/18/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • 4

HOA Fees

  • $608 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Accessible Elevator Installed

Schools

  • Folwell Elementary School
  • Willow Creek Middle School
  • Mayo High School

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 640221009330

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, electricity, gas, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal, water
  • Fsr Nick Mabe Association, Phone Number (952) 567-6849
  • High-Rise Community
  • Rochester Towers & Amd Rochester Tow Subdivision

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

4 Acres

HOA Fees

$608 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: High Rise
  • Cooling System: Central Air
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water - In Street
  • Fee Frequency: Monthly
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 880
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Living Area: 880
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Living Room, Kitchen, Dining Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • PoolFeatures: Indoor

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Electricity, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal, Water
  • Phone: 952-567-6849
  • Association Fee: 608
  • Association: Yes

Association/Amenities

  • HOA Management Co: FSR- Nick Mabe

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Willow Creek
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: x
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 640221009330
  • Tax Annual Amount: 2392
  • TaxWithAssessments: 2392.0000

MLS Schools

  • Elementary School: Folwell
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 6, 2024
Sold by
Nguyen Giang and Nguyen Duy
Bought by
Nwyn-5Th Llc
Seller's Agent
Adam Beadling
Real Broker, LLC.
Buyer's Agent
Adam Beadling
Real Broker, LLC.
List Price
$69,900
Sold Price
$62,000
Premium/Discount to List
-$7,900
-11.3%
Views
67
Current Estimated Value
$143,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,536
Avg. Annual Appreciation
53.80%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Thompson Andrea M and Thompson Joseph B
Bought by
J & A Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nwyn-5Th Llc $500 None Listed On Document
Nguyen Giang $62,500 Rochester Title & Escrow Compa
J & A Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2024 05/07/24 Sold $62,000 -11.3% $70 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $69,900 -- $79 / Sq Ft
Source: NorthstarMLS

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 $1,600 $114,400 $65,000 $49,400
2023 $2,460 $195,400 $65,000 $130,400
2022 $2,456 $193,600 $65,000 $128,600
2021 $2,250 $173,900 $65,000 $108,900
2020 $2,090 $163,400 $65,000 $98,400
2019 $1,632 $145,500 $55,000 $90,500
2018 $1,294 $114,200 $30,000 $84,200
2017 $1,252 $92,900 $16,000 $76,900
2016 $1,292 $85,900 $16,000 $69,900
2015 $1,198 $86,600 $16,000 $70,600
2014 $1,240 $85,300 $16,000 $69,300
2012 -- $90,000 $16,000 $74,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Beadling

    Seller's Agent in 2024

    Adam Beadling

    Real Broker, LLC.

    (507) 421-4309

    2 in this area

    106 Total Sales

    Adam Beadling
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About Rochester Towers

Map

Source: NorthstarMLS

MLS Number: 6505314

NorthstarMLS

APN: 64.02.21.009330

Minnesota Olmsted County Rochester 55902 Historic Southwest

207 5th Ave SW Unit 607, Rochester, MN

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.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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