Seller's Agent in 2024
Kyle Swanson
eXp Realty
(507) 226-4430
251 Total Sales
221 18th St SW Rochester, MN 55902
Estimated Value: $594,000 - $664,000
8
Beds
8
Baths
3,752
Sq Ft
$171/Sq Ft
Est. Value
About This Home
As of October 2024This updated 4-plex offers four units, each with 2 bedrooms, 2 bathrooms, private entrances, decks, and porches. Inside, enjoy luxury vinyl planking and in-unit washers and dryers for tenant convenience. Two units are fully furnished, while two are unfurnished, providing flexibility for different rental needs.
Recent upgrades include a newly repaved driveway and a completely rebuilt retaining wall, adding to the property’s appeal and functionality. With private parking spaces, durable vinyl siding, and a roof under 8 years old, this low-maintenance property is perfect for generating steady income. An ideal opportunity for investors or owner-occupants!
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 507-226-4430 Listed on: 08/29/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,900
Year Built
- Built in 1983
Lot Details
- Lot Dimensions are 86x110
Home Design
- Quadruplex
- Bi-Level Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Natural lighting in basement
Schools
- Ben Franklin Elementary School
- Willow Creek Middle School
- Mayo High School
Utilities
- Forced Air Heating System
- Cable TV Available
Community Details
- 4 Units
- Golden Hill Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 641143076898
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2024
Closed on
Oct 11, 2024
Sold by
Lb Investment Properties Llc
Bought by
Familia Llc
Seller's Agent
Kyle Swanson
eXp Realty
Buyer's Agent
Diego Correa Bravo
Re/Max Results
List Price
$625,000
Sold Price
$625,000
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,043
Avg. Annual Appreciation
2.38%
Original Mortgage
$475,000
Outstanding Balance
$398,540
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$241,503
Purchase Details
Closed on
Nov 30, 2023
Sold by
Pine Island Bank
Bought by
New Line Investments Llc
Purchase Details
Closed on
May 29, 2013
Sold by
Johnson Grant A and Johnson Krista A
Bought by
Lb Investment Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Familia Llc | $625,000 | Rochester Title | |
| Familia Llc | $625,000 | Rochester Title | |
| New Line Investments Llc | $500 | Rochester Title | |
| Lb Investment Properties Llc | $225,000 | Rochester Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Familia Llc | $475,000 | |
| Closed | Familia Llc | $475,000 | |
| Previous Owner | Lb Investment Properties Llc | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $625,000 | 0.0% | $167 / Sq Ft |
| 09/07/2024 09/07/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | For Sale | $625,000 | -- | $167 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $7,012 | $405,700 | $50,000 | $355,700 |
| 2023 | $6,033 | $385,700 | $50,000 | $335,700 |
| 2022 | $4,718 | $312,900 | $40,000 | $272,900 |
| 2021 | $4,810 | $282,200 | $40,000 | $242,200 |
| 2020 | $5,020 | $287,900 | $37,800 | $250,100 |
| 2019 | $4,332 | $287,900 | $37,800 | $250,100 |
| 2018 | $4,178 | $250,200 | $39,100 | $211,100 |
| 2017 | $4,204 | $238,500 | $39,100 | $199,400 |
| 2016 | $3,942 | $238,500 | $39,100 | $199,400 |
| 2015 | $3,524 | $217,700 | $39,100 | $178,600 |
| 2014 | $3,486 | $204,800 | $39,100 | $165,700 |
| 2012 | -- | $204,800 | $39,100 | $165,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Swanson
-
Diego Correa Bravo
Buyer's Agent in 2024
Diego Correa Bravo
RE/MAX
(507) 601-9145
20 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6594139
APN: 64.11.43.076898
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 1845 3rd Ave SW
- 221 20th St SW
- 217 20th St SW
- 1546 5th Ave SW
- 602 Cortland Ln SW
- 1424 4th Ave SW
- 507 17 1 2 St SE
- 2214 4th Ave SW
- 623 17 1 2 St SE
- 1239 3rd Ave SW
- 11 Meadow Run Dr SW Unit B
- 709 19th St SE
- 1633 8th Ave SE
- 1629 8th Ave SE
- 1429 20th St SW
- 532 Meadow Run Dr SW
- 402 25th St SW
- 2018 Edgewood Ct SW
- 2524 Parkhill Ln SW
- 820 24th St SE
- 211 18th St SW
- 1720 3rd Ave SW
- 220 18th St SW
- 212 18th St SW
- 1773 3rd Ave SW
- 1716 3rd Ave SW
- 1771 3rd Ave SW
- 1751 3rd Ave SW
- 1769 3rd Ave SW
- 1805 3rd Ave SW
- 1802 3rd Ave SW
- 1753 3rd Ave SW
- 1767 3rd Ave SW
- 1755 3rd Ave SW
- 312 18th St SW
- 1757 3rd Ave SW
- 1804 3rd Ave SW
- 1717 3rd Ave SW
- 1700x 3rd Ave
- 1811 3rd Ave SW