NOT LISTED FOR SALE

3240 E River Rd NE Rochester, MN 55906

Estimated Value: $613,068

-- Bed
-- Bath
6,000 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 3240 E River Rd NE, Rochester, MN 55906 and is currently estimated at $613,068, approximately $102 per square foot. 3240 E River Rd NE is a home located in Olmsted County with nearby schools including Churchill Elementary School, Hoover Elementary School, and Kellogg Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
3240 East Llc
Bought by
Choice Development Llc
Current Estimated Value
$613,068

Purchase Details

Closed on
Feb 25, 2020
Sold by
R & L Wiehr Llc
Bought by
3240 East Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$686,183
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$73,115

Purchase Details

Closed on
Aug 1, 2013
Sold by
R & L Wiehr Llc
Bought by
Maronde James H
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
Choice Development Llc $1,150,000 --
Choice Development Llc $1,150,000 --
3240 East Llc $450,000 None Available
Maronde James H $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3240 East Llc $218,000
Open 3240 East Llc $765,000
Closed Maronde James H $0
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 $24,404 $839,000 $120,000 $719,000
2023 $16,644 $626,400 $120,000 $506,400
2022 $16,436 $626,400 $120,000 $506,400
2021 $16,362 $552,100 $120,000 $432,100
2020 $16,220 $552,100 $120,000 $432,100
2019 $12,794 $523,300 $120,000 $403,300
2018 $14,213 $420,300 $120,000 $300,300
2017 $15,492 $420,300 $120,000 $300,300
2016 $16,148 $466,100 $120,000 $346,100
2015 $23,781 $466,100 $120,000 $346,100
2014 $20,436 $466,100 $120,000 $346,100
2012 -- $404,300 $120,000 $284,300
Source: Public Records

Map

Minnesota Olmsted County Rochester 55906

3240 E River Rd NE, Rochester, MN

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