631 3rd Ave SW Rochester, MN 55902
Historic Southwest NeighborhoodEstimated Value: $129,978 - $1,077,000
            
                --
                Bed
            
            
            
                --
                Bath
            
            
            
                --
                Sq Ft
            
            
                    
                        3,354
                        Sq Ft Lot
                    
                    
        
    
    
About This Home
This home is located at 631 3rd Ave SW, Rochester, MN 55902 and is currently estimated at $437,745. 631 3rd Ave 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
            
            
                Jun 10, 2015
            
        
                Sold by
            
            
                Blue Sky Homes Llc
            
        
                Bought by
            
            
                Soldiers Field Green-Space Llc
            
        
                            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
            
            
                $68,000
            
        
                Outstanding Balance
            
            
                $39,573
            
        
                Interest Rate
            
            
                3.82%
            
        
                Mortgage Type
            
            
                Future Advance Clause Open End Mortgage
            
        
                Estimated Equity
            
            
                $398,172
            
        Purchase Details
                Closed on
            
            
                Oct 9, 2008
            
        
                Sold by
            
            
                Five Star Properties Of Southeastern Min
            
        
                Bought by
            
            
                Blue Sky Homes Llc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $145,600
            
        
                Interest Rate
            
            
                6.41%
            
        
                Mortgage Type
            
            
                Commercial
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Soldiers Field Green-Space Llc | $68,000 | Attorney | |
| Blue Sky Homes Llc | $182,200 | Title Services Inc | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Soldiers Field Green-Space Llc | $68,000 | |
| Previous Owner | Blue Sky Homes Llc | $145,600 | 
                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 | $1,142 | $67,900 | $67,900 | $0 | 
| 2023 | $1,040 | $67,900 | $67,900 | $0 | 
| 2022 | $1,136 | $67,900 | $67,900 | $0 | 
| 2021 | $1,134 | $67,900 | $67,900 | $0 | 
| 2020 | $878 | $67,900 | $67,900 | $0 | 
| 2019 | $872 | $50,300 | $50,300 | $0 | 
| 2018 | $437 | $50,300 | $50,300 | $0 | 
| 2017 | $352 | $30,000 | $30,000 | $0 | 
| 2016 | $362 | $20,000 | $20,000 | $0 | 
| 2015 | $1,962 | $20,000 | $20,000 | $0 | 
| 2014 | $2,064 | $114,000 | $20,000 | $94,000 | 
| 2012 | -- | $121,800 | $20,000 | $101,800 | 
                Source: Public Records
                    
            
        Map
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