NOT LISTED FOR SALE

Estimated Value: $338,272 - $395,000

3 Beds
3 Baths
1,943 Sq Ft
$189/Sq Ft Est. Value

About This Home

This home is located at 224 7th Ave NW, Rochester, MN 55901 and is currently estimated at $366,818, approximately $188 per square foot. 224 7th Ave NW is a home located in Olmsted County with nearby schools including John Adams Middle School, John Marshall Senior High School, and St. Pius X School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2018
Sold by
Complete Title Llc
Bought by
Sahakian Alexander J
Current Estimated Value
$366,818

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
$211,829
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$154,989

Purchase Details

Closed on
Feb 2, 2015
Sold by
Marek Kerin
Bought by
Complete Title Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 2009
Sold by
Savage Marlys L
Bought by
Marek Kerin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sahakian Alexander J $244,000 Hansen Title & Legal Service
Complete Title Llc $154,500 Rochester Title
Marek Kerin $130,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahakian Alexander J $244,000
Previous Owner Complete Title Llc $130,000
Previous Owner Marek Kerin $82,000
Previous Owner Savage Marlys L $86,800
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 $3,430 $269,400 $45,000 $224,400
2023 $3,430 $282,500 $45,000 $237,500
2022 $2,852 $258,400 $45,000 $213,400
2021 $2,834 $222,100 $45,000 $177,100
2020 $2,722 $220,600 $45,000 $175,600
2019 $2,442 $205,600 $45,000 $160,600
2018 $2,286 $188,000 $45,000 $143,000
2017 $2,088 $172,700 $35,000 $137,700
2016 $2,300 $143,200 $25,000 $118,200
2015 $2,202 $127,000 $20,000 $107,000
2014 $2,190 $127,900 $20,000 $107,900
2012 -- $129,200 $20,000 $109,200
Source: Public Records

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