NOT LISTED FOR SALE

2603 Institute Rd SW Rochester, MN 55902

Estimated Value: $738,000 - $867,000

6 Beds
5 Baths
4,600 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 2603 Institute Rd SW, Rochester, MN 55902 and is currently estimated at $787,601, approximately $171 per square foot. 2603 Institute Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2016
Sold by
Harreld Eileen F
Bought by
Washnieski Shane M and Washnieski Megan M
Current Estimated Value
$787,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Outstanding Balance
$314,361
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$473,240
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Washnieski Shane M $415,000 Rochester Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washnieski Shane M $394,250
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 $8,522 $589,000 $100,000 $489,000
2023 $7,552 $582,000 $75,000 $507,000
2022 $6,434 $533,100 $75,000 $458,100
2021 $6,020 $467,700 $75,000 $392,700
2020 $6,058 $437,100 $75,000 $362,100
2019 $5,382 $421,900 $75,000 $346,900
2018 $5,307 $379,200 $66,600 $312,600
2017 $5,276 $374,100 $66,600 $307,500
2016 $5,120 $361,000 $65,800 $295,200
2015 $4,714 $342,300 $65,500 $276,800
2014 $4,642 $335,100 $65,300 $269,800
2012 -- $336,800 $65,358 $271,442
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2603 Institute Rd SW, Rochester, MN

This home is located at 2603 Institute Rd SW, Rochester, MN 55902 and is currently estimated at $787,601, approximately $171 per square foot. 2603 Institute Rd SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

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.

Nearby Homes