$125,000
SOLD AUG 20, 2025
2 Beds
2 Baths
1,240 Sq Ft
$1,155/mo HOA Fee

Recently Sold

$101 Per Sq Ft

36% Below List Price

133 Days on Market

Highlights

  • City View
  • Community Center
  • Elevator
  • Folwell Elementary School Rated A-
  • Covered Patio or Porch
  • Stainless Steel Appliances

About This Home

As of August 2025

This 2-bedroom, 2-bath condo offers downtown living right in the heart of the Mayo campus. Enjoy the convenience of heated parking and extra storage space. The kitchen features stainless steel appliances and a window overlooking the common living area. The unit is easily accessible via elevator to the laundry and parking facilities. Schedule your private showing today!

Last Agent to Sell the Property

Keith Framsted

Re/Max Results Listed on: 03/28/2025

Re/Max Results

Last Buyer's Agent

Marcia Gehrt

Real Broker, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,290

Year Built

  • Built in 1964

HOA Fees

  • $1,155 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Views

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Outdoor Features

  • Covered Patio or Porch

Schools

  • Folwell Elementary School
  • John Adams Middle School
  • Mayo High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 640221009261

Community Details

Overview

  • Association fees include air conditioning, maintenance structure, controlled access, gas, hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, sewer, shared amenities, snow removal
  • Jacobson Management Association, Phone Number (507) 536-0000
  • Low-Rise Condominium
  • Knob Hill Apts Subdivision

Amenities

  • Community Center
  • Elevator

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,290

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,155 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Accessible Elevator Installed
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Elevator(s), Fire Sprinkler System, Security
  • Fee Frequency: Monthly
  • Year Built: 1964
  • Above Grade Finished Sq Ft: 1240
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 1240
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bathroom, Bedroom 2
  • Shared Rooms: Community Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Flat
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Covered

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Parking Garage, Storage

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Maintenance Structure, Controlled Access, Gas, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 507-536-0000
  • Association Fee: 1155
  • Association: Yes
  • Amenities Unit: Balcony,City View,Hardwood Floors,Indoor Sprinklers,Kitchen Window,Main Floor Primary Bedroom

Association/Amenities

  • HOA Management Co: Jacobson Management

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 150x156
  • Lot Size Sq Ft: 1481.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 640221009261
  • Tax Annual Amount: 2290
  • TaxWithAssessments: 2290.0000

MLS Schools

  • Elementary School: Folwell
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2018
Sold by
Banjerjee Sreelekha
Bought by
Banerjee Sreelekha and The Banerjee Family Trust

Purchase Details

Closed on
Aug 9, 2018
Sold by
Braun Thomas R and Braun Anna R
Bought by
Banerjee Sreelekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 30, 2009
Sold by
Restovich Anna M
Bought by
Braun Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,550
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2006
Sold by
Restovich Helen Reichert and Restovich George F
Bought by
Restovich Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Warranty Deed $148,500 Rochester Title
Warranty Deed $124,800 None Available
Warranty Deed $120,000 None Available
Contract Of Sale $120,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $118,800 Future Advance Clause Open End Mortgage
Previous Owner $96,950 Stand Alone Refi Refinance Of Original Loan
Previous Owner $118,550 New Conventional
Previous Owner $100,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $125,000 -7.3% $101 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/28/2025 07/28/25 Price Changed $134,900 -3.6% $109 / Sq Ft
07/15/2025 07/15/25 Price Changed $139,900 -3.5% $113 / Sq Ft
06/30/2025 06/30/25 Price Changed $144,900 -3.3% $117 / Sq Ft
06/23/2025 06/23/25 Price Changed $149,900 -3.2% $121 / Sq Ft
06/16/2025 06/16/25 Price Changed $154,900 -3.1% $125 / Sq Ft
06/09/2025 06/09/25 Price Changed $159,900 -3.0% $129 / Sq Ft
05/20/2025 05/20/25 Price Changed $164,900 -2.9% $133 / Sq Ft
05/05/2025 05/05/25 Price Changed $169,900 -8.2% $137 / Sq Ft
04/11/2025 04/11/25 Price Changed $185,000 -5.1% $149 / Sq Ft
03/28/2025 03/28/25 For Sale $195,000 -- $157 / 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 $2,062 $163,800 $35,000 $128,800
2023 $2,062 $163,800 $35,000 $128,800
2022 $2,148 $157,600 $35,000 $122,600
2021 $1,894 $156,200 $35,000 $121,200
2020 $1,898 $137,500 $25,000 $112,500
2019 $1,728 $132,100 $25,000 $107,100
2018 $1,631 $120,900 $20,000 $100,900
2017 $1,642 $112,600 $20,000 $92,600
2016 $1,640 $112,600 $20,000 $92,600
2015 $1,558 $109,900 $20,000 $89,900
2014 $1,544 $110,900 $20,000 $90,900
2012 -- $112,100 $20,000 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6693083

NorthstarMLS

APN: 64.02.21.009261