NOT LISTED FOR SALE

516 8th St SW Rochester, MN 55902

Historic Southwest Neighborhood

Estimated Value: $425,000 - $458,000

3 Beds
3 Baths
2,706 Sq Ft
$163/Sq Ft Est. Value

About This Home

This home is located at 516 8th St SW, Rochester, MN 55902 and is currently estimated at $442,236, approximately $163 per square foot. 516 8th 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
May 24, 2024
Sold by
Vitek John M and Sobolewski Julie A
Bought by
Vitek John M and Sobolewski Julie A
Current Estimated Value
$442,236

Purchase Details

Closed on
Mar 29, 2013
Sold by
Faruolo Jonathan F and Faruolo Kathleen A
Bought by
Vitek John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,900
Interest Rate
3.46%
Mortgage Type
New Conventional
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
Vitek John M $500 Rochester Title
Vitek John M $259,900 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vitek John M $184,900
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 $5,702 $413,100 $100,000 $313,100
2023 $4,892 $390,300 $60,000 $330,300
2022 $4,422 $353,200 $60,000 $293,200
2021 $3,814 $311,700 $60,000 $251,700
2020 $3,728 $286,600 $60,000 $226,600
2019 $3,418 $270,600 $60,000 $210,600
2018 $3,004 $251,500 $60,000 $191,500
2017 $2,914 $229,200 $40,000 $189,200
2016 $2,732 $196,900 $36,700 $160,200
2015 $2,376 $180,400 $29,800 $150,600
2014 $2,372 $167,200 $29,400 $137,800
2012 -- $170,800 $29,525 $141,275
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902 Historic Southwest

516 8th St SW, Rochester, MN

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