5487 55th Ave NW Rochester, MN 55901
Wedgewood Hills NeighborhoodEstimated Value: $354,669 - $392,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                1,062
                Sq Ft
            
            
                
                    $349/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5487 55th Ave NW, Rochester, MN 55901 and is currently estimated at $370,917, approximately $349 per square foot. 5487 55th Ave NW is a home located in Olmsted County with nearby schools including George W. Gibbs Elementary School, John Marshall Senior High School, and Rochester Beacon Academy.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Sep 18, 2018
            
        
                Sold by
            
            
                Erbsen Jessica Susan and Hoak Jessica Susan
            
        
                Bought by
            
            
                Erbsen Bradley Alan
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Sep 21, 2005
            
        
                Sold by
            
            
                Lurken Leslie and Lurken Raegen
            
        
                Bought by
            
            
                Erbsen Bradley A and Hoak Jessica S
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $145,200
            
        
                Interest Rate
            
            
                6.33%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Erbsen Bradley Alan | -- | None Available | |
| Erbsen Bradley A | $181,500 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Erbsen Bradley A | $145,200 | 
                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 | $4,658 | $345,800 | $60,000 | $285,800 | 
| 2023 | $3,749 | $303,300 | $40,000 | $263,300 | 
| 2022 | $3,406 | $307,300 | $40,000 | $267,300 | 
| 2021 | $3,306 | $259,600 | $40,000 | $219,600 | 
| 2020 | $3,398 | $252,400 | $40,000 | $212,400 | 
| 2019 | $3,222 | $249,300 | $40,000 | $209,300 | 
| 2018 | $2,898 | $238,800 | $40,000 | $198,800 | 
| 2017 | $2,790 | $223,600 | $40,000 | $183,600 | 
| 2016 | $2,618 | $188,300 | $36,400 | $151,900 | 
| 2015 | $2,452 | $172,600 | $35,900 | $136,700 | 
| 2014 | $2,358 | $172,600 | $35,900 | $136,700 | 
| 2012 | -- | $169,000 | $35,729 | $133,271 | 
                Source: Public Records
                    
            
        Map
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