NOT LISTED FOR SALE

424 7th St SW Rochester, MN 55902

Historic Southwest Neighborhood

Estimated Value: $487,000 - $555,000

4 Beds
4 Baths
2,452 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 424 7th St SW, Rochester, MN 55902 and is currently estimated at $513,106, approximately $209 per square foot. 424 7th St SW is a home located in Olmsted County with nearby schools including Folwell Elementary School, John Adams Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Up Development Llccccc
Bought by
Nemes Daniel and Calhoun Anna
Current Estimated Value
$513,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,300
Outstanding Balance
$292,458
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$220,648

Purchase Details

Closed on
Jun 20, 2017
Sold by
Carter Lisa C
Bought by
Up Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
3.94%
Mortgage Type
Unknown
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
Nemes Daniel $367,000 Rochester Title
Up Development Llc $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nemes Daniel $330,300
Previous Owner Up Development Llc $174,500
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 $6,486 $467,600 $100,000 $367,600
2023 $5,668 $450,000 $60,000 $390,000
2022 $4,790 $407,600 $60,000 $347,600
2021 $4,310 $352,900 $60,000 $292,900
2020 $4,398 $320,000 $60,000 $260,000
2019 $2,854 $306,300 $60,000 $246,300
2018 $1,787 $199,700 $60,000 $139,700
2017 $1,722 $148,900 $40,000 $108,900
2016 $1,594 $114,000 $32,900 $81,100
2015 $1,448 $103,100 $24,000 $79,100
2014 $1,470 $100,600 $23,900 $76,700
2012 -- $105,000 $24,138 $80,862
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902 Historic Southwest

424 7th St SW, Rochester, MN

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