$620,000
SOLD MAR 11, 2025

231 18th St SW Rochester, MN 55902

8 Beds
8 Baths
3,616 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

0 Day on Market

Highlights

  • Deck
  • Forced Air Heating System
  • Wood Siding
  • Mayo Senior High School Rated A-

About This Home

As of March 2025

Listed and pended.

Last Agent to Sell the Property

Kyle Swanson

eXp Realty Listed on: 03/11/2025

eXp Realty

Last Buyer's Agent

Diego Correa Bravo

Re/Max Results

Re/Max Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1983

Home Design

  • Quadruplex
  • Bi-Level Home
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Parking

  • Paved Parking
  • Open Parking

Schools

  • Ben Franklin Elementary School
  • Willow Creek Middle School
  • Mayo High School

Additional Features

  • Deck
  • Lot Dimensions are 86x110
  • Forced Air Heating System

Community Details

  • 4 Units
  • Golden Hill Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 641142066960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,900

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 1808
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Finished, Full
  • Living Area: 3616
  • Below Grade Finished Sq Ft: 1808
  • Basement YN: Yes
  • Total Rooms: 6
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 8

Exterior Features

  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Paved, Open

Utilities

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

Schools

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

Lot Info

  • Lot Size: 86x110
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 4

Rental Info

  • Expenses: 9400.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 641142066960
  • Tax Annual Amount: 5900
  • TaxWithAssessments: 5900.0000

Multi Family

  • ElectricExpense: 2160
  • FuelExpense: 2280

MLS Schools

  • Elementary School: Ben Franklin
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Mar 11, 2025
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
$620,000
Sold Price
$620,000
Current Estimated Value
$632,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,501
Avg. Annual Appreciation
3.22%
Original Mortgage
$371,000
Outstanding Balance
$339,413
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$293,088

Purchase Details

Closed on
Nov 30, 2023
Sold by
Pine Island Bank
Bought by
New Line Investments Llc

Purchase Details

Closed on
Sep 13, 2012
Sold by
Bailey Nathaniel and Bailey Lisa
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
$200,000
Interest Rate
3.56%
Mortgage Type
Unknown

Purchase Details

Closed on
May 3, 2011
Sold by
Secretary Of Housing & Urban Development
Bought by
Bailey Nathaniel and Bailey Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2010
Sold by
Mortgage Electronic Registration Systems
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 27, 2009
Sold by
Karnicki Krsysztof and Karnicka Sandra R
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Feb 1, 2007
Sold by
Karnicka Sandra Rose and Matzke Sandra Rose
Bought by
Karnicki Krzystof
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 Type Sale Price Title Company
Warranty Deed $620,000 Rochester Title
Quit Claim Deed $500 Rochester Title
Quit Claim Deed -- Rochester Title & Escrow Co
Limited Warranty Deed -- Northwest Title Agency Inc
Limited Warranty Deed -- None Available
Sheriffs Deed $209,330 None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,000 New Conventional
Previous Owner $200,000 Unknown
Previous Owner $132,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2025 03/11/25 Sold $620,000 0.0% $171 / Sq Ft
03/11/2025 03/11/25 For Sale $620,000 -- $171 / 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 $7,012 $405,700 $50,000 $355,700
2023 $5,900 $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 $38,800 $249,100
2019 $4,332 $287,900 $38,800 $249,100
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

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Map

Source: NorthstarMLS

MLS Number: 6683207

NorthstarMLS

APN: 64.11.42.066960