525 16th St SW Rochester, MN 55902
Estimated Value: $400,000 - $477,010
3
Beds
4
Baths
4,550
Sq Ft
$98/Sq Ft
Est. Value
About This Home
This home is located at 525 16th St SW, Rochester, MN 55902 and is currently estimated at $445,503, approximately $97 per square foot. 525 16th St SW is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 20, 2016
Sold by
Simpson Beverly A
Bought by
Thumm Stephen J and Colasacco Thumm Nicole D
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
$284,905
Outstanding Balance
$228,082
Interest Rate
3.5%
Mortgage Type
VA
Estimated Equity
$217,421
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Thumm Stephen J | $299,900 | Burnet Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Thumm Stephen J | $284,905 |
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 | $5,970 | $428,900 | $50,000 | $378,900 |
2023 | $5,446 | $432,400 | $50,000 | $382,400 |
2022 | $4,806 | $408,500 | $40,000 | $368,500 |
2021 | $4,446 | $354,000 | $30,000 | $324,000 |
2020 | $4,470 | $329,300 | $30,000 | $299,300 |
2019 | $4,222 | $318,600 | $30,000 | $288,600 |
2018 | $3,752 | $303,800 | $30,000 | $273,800 |
2017 | $3,632 | $279,500 | $25,000 | $254,500 |
2016 | $3,248 | $246,800 | $23,700 | $223,100 |
2015 | $2,952 | $215,300 | $23,200 | $192,100 |
2014 | $2,994 | $208,500 | $23,100 | $185,400 |
2012 | -- | $215,300 | $23,230 | $192,070 |
Source: Public Records
Map
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