NOT LISTED FOR SALE

Estimated Value: $385,000 - $466,880

7 Beds
4 Baths
3,416 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $232,000 $68 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,741/month

93 Days on Market

Highlights

  • 4 Car Detached Garage
  • Hot Water Heating System
  • Coin Laundry
  • Mayo Senior High School Rated A-

About This Home

As of January 2015

Great investment opportunity! Good rental history & current renters with multi-year Leases. This 4-plex is well maintained with 4-stall garage, shared coin-laundry, new roof Sept 2014 and has a 2 year Rental Certificate. 3 two bedroom units and 1 one bedroom unit. Separate electric meters. Good location.

Last Agent to Sell the Property

Jay Holst

Montgomery Holst Realty Listed on: 09/16/2014

Co-Listed By

Kathy Rohlik

Montgomery Holst Realty

Last Buyer's Agent

Joel Thiem

Counselor Realty Rochester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,242

Year Built

  • Built in 1968

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 159x77x152x84

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Home Design

  • 3,416 Sq Ft Home
  • Quadruplex
  • Bi-Level Home
  • Frame Construction
  • Metal Siding

Kitchen

  • Range
  • Microwave
  • Dishwasher

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Location

  • Lower Level
  • Upper Level

Utilities

  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric
  • Assessor Parcel Number 641223013524

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,242

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Parcel Number: 641223013524
  • Price Per Square Foot: 66.59
  • Rental License: Yes
  • Stories: Bi-Level Split
  • Taxes With Assessments: 3242
  • Estimated Number of Acres: 0.29
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Features: Daylight/Lookout Windows, Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1792
  • Total Fin Square Footage: 3416
  • Total Square Footage: 3484
  • Below Grade Finished Sq Ft: 1624

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

  • Fuel: Natural Gas
  • Heat: Boiler, Hot Water
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 159x77x152x84

Rental Info

  • Tenant Expense: Electric

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2014
  • Tax Value: 3242

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 22, 2015
Sold by
Varela Wesley G and Varela Nicole
Bought by
Anthony Samuel C
Seller's Agent
Jay Holst
Montgomery Holst Realty
Buyer's Agent
Joel Thiem
Counselor Realty Rochester
List Price
$239,000
Sold Price
$232,000
Premium/Discount to List
-$7,000
-2.93%
Current Estimated Value
$429,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,970
Avg. Annual Appreciation
6.06%
Original Mortgage
$232,000
Interest Rate
3.85%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2007
Sold by
Saby Theodore Earl and Saby Richard James
Bought by
Varela Wesley G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.2%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Anthony Samuel C $232,000 Rochester Title & Escrow Co
Varela Wesley G $219,200 Rochester Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anthony Samuel C $107,000
Closed Anthony Samuel C $107,000
Closed Anthony Samuel C $53,068
Open Anthony Samuel C $195,500
Closed Anthony Samuel C $232,000
Previous Owner Varela Wesley G $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $232,000 -2.9% $68 / Sq Ft
12/18/2014 12/18/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $239,000 -- $70 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,790 $353,100 $50,000 $303,100
2023 $4,790 $313,100 $50,000 $263,100
2022 $4,494 $281,400 $40,000 $241,400
2021 $4,492 $268,900 $40,000 $228,900
2020 $4,688 $268,900 $37,600 $231,300
2019 $4,008 $268,900 $37,600 $231,300
2018 $3,414 $231,500 $38,700 $192,800
2017 $3,436 $219,600 $38,700 $180,900
2016 $3,246 $197,600 $34,800 $162,800
2015 $3,278 $182,100 $34,800 $147,300
2014 $3,242 $190,500 $38,700 $151,800
2012 -- $190,600 $38,700 $151,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4675572

REALTOR® Association of Southern Minnesota

APN: 64.12.23.013524