3978 50th Ave SE Rochester, MN 55904
Estimated Value: $508,000 - $569,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                2,480
                Sq Ft
            
            
                
                    $218/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3978 50th Ave SE, Rochester, MN 55904 and is currently estimated at $540,886, approximately $218 per square foot. 3978 50th Ave SE is a home located in Olmsted County with nearby schools including Pinewood Elementary School, Willow Creek Middle School, and Mayo Senior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jul 30, 2008
            
        
                Sold by
            
            
                Musolf Paul T and Musolf Patricia K
            
        
                Bought by
            
            
                Geske Wayne G and Geske Renee C
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $158,000
            
        
                Interest Rate
            
            
                6.51%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Mar 22, 2007
            
        
                Sold by
            
            
                Keller Anthony L and Keller Michele K
            
        
                Bought by
            
            
                Musolf Paul T and Musolf Patricia K
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $300,000
            
        
                Interest Rate
            
            
                6.2%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Geske Wayne G | $294,000 | Edina Realty Title | |
| Musolf Paul T | $302,500 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Closed | Geske Wayne G | $158,000 | |
| Previous Owner | Musolf Paul T | $300,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,798 | $480,500 | $90,000 | $390,500 | 
| 2023 | $4,236 | $470,900 | $90,000 | $380,900 | 
| 2022 | $3,858 | $423,600 | $90,000 | $333,600 | 
| 2021 | $3,768 | $382,300 | $80,000 | $302,300 | 
| 2020 | $3,698 | $375,700 | $80,000 | $295,700 | 
| 2019 | $3,586 | $355,200 | $80,000 | $275,200 | 
| 2018 | $3,383 | $348,100 | $80,000 | $268,100 | 
| 2017 | $3,356 | $328,400 | $80,000 | $248,400 | 
| 2016 | $3,374 | $309,000 | $77,800 | $231,200 | 
| 2015 | $3,006 | $301,700 | $77,600 | $224,100 | 
| 2014 | $2,924 | $287,000 | $77,200 | $209,800 | 
| 2012 | -- | $283,100 | $77,060 | $206,040 | 
                Source: Public Records
                    
            
        Map
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