NOT LISTED FOR SALE

303 16th St NE Rochester, MN 55906

Estimated Value: $220,542 - $356,000

4 Beds
2 Baths
3,160 Sq Ft
$91/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $160,000 $51 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,716/month

20 Days on Market

Highlights

  • Property is near public transit
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Jefferson Elementary School Rated A-

About This Home

As of October 2013

Rare opportunity to own a well maintained duplex in NE Rochester! Each unit offers 2 bedrooms, 1 full bath, a formal dining room, nice size bedrooms, finished basement, washer, dryer, separate furnace and central air units & electrical boxes, most windows have been replaced, steel siding, 2 car attached garage (1 for each unit) within walking distance to park, shopping & trails and so much more!

Last Agent to Sell the Property

Susan Johnson

RE/MAX Results - Rochester Listed on: 08/06/2013

Last Buyer's Agent

Raymond Neis

Property Brokers of Minnesota, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 88 x 131
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • 3,160 Sq Ft Home
  • Duplex
  • Bi-Level Home
  • Frame Construction
  • Steel Siding

Kitchen

  • Range
  • Microwave

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Location

  • Ground Level
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $2,916

Listing and Financial Details

  • Tenant pays for cable TV, fuel, water/sewer
  • The owner pays for lawn, maint/repair, snow, trash
  • Assessor Parcel Number 742533001891

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,362

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Construction: Previously Owned
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 742533001891
  • Price Per Square Foot: 50.63
  • Range: 14.00
  • Rental License: Yes
  • Section: 25.00
  • Stories: Bi-Level Split
  • Taxes With Assessments: 2362
  • Twp Number: 107.00
  • Estimated Number of Acres: 0.26
  • Comp Dev Subdiv Name: Barck And Merz
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1580
  • Total Fin Square Footage: 3160
  • Total Square Footage: 3160
  • Below Grade Finished Sq Ft: 1580

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel

Garage/Parking

  • Garage Type: Attached
  • Number Garage Spaces: 2
  • Number Off Street Parking: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Rochester #535

Lot Info

  • Lot/Land Description: Pub. Trans (w/in 6 blks), Tree Coverage - Light
  • Estimated Lot Dimensions: 88 x 131

Rental Info

  • Owner Expense: Lawn, Maint/Repair, Snow, Trash
  • Tenant Expense: Cable TV, Fuel, Water/Sewer

Building Info

  • Year Built: 1963

Multi Family

  • Est Annual Gross Expense: 10800
  • Est Annual Gross Income: 2916

Tax Info

  • Year: 2013
  • Tax Value: 2362

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Sep 30, 2013
Sold by
Crawley David and Crawley Linda
Bought by
Clark Claudia C
Seller's Agent
Susan Johnson
RE/MAX Results - Rochester
Buyer's Agent
Raymond Neis
Property Brokers of Minnesota, Inc.
List Price
$167,000
Sold Price
$160,000
Premium/Discount to List
-$7,000
-4.19%
Current Estimated Value
$288,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,271
Avg. Annual Appreciation
5.01%
Source: Public Records

Range of Values:

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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
Clark Claudia C $160,000 Rochester Title & Escrow Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2013 10/01/13 Sold $160,000 -4.2% $51 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $167,000 -- $53 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,442 $174,700 $35,000 $139,700
2023 $2,148 $170,500 $35,000 $135,500
2022 $1,914 $160,000 $35,000 $125,000
2021 $1,812 $139,100 $25,000 $114,100
2020 $1,786 $131,600 $25,000 $106,600
2019 $1,634 $124,400 $9,800 $114,600
2018 $1,431 $114,300 $9,800 $104,500
2017 $1,386 $102,700 $9,800 $92,900
2016 $1,280 $95,000 $9,800 $85,200
2015 $1,198 $85,800 $9,800 $76,000
2014 $1,136 $85,300 $9,800 $75,500
2012 -- $82,100 $9,800 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4518740

REALTOR® Association of Southern Minnesota

APN: 74.25.33.001891