NOT LISTED FOR SALE

7245 54th St SE Rochester, MN 55904

8.17 Acres
-- Price per Acre
355,885 Sq Ft Lot

Last Sold January 15, 2024

Last sale price $542,500

11 Days on Market

Highlights

  • No HOA
  • Mayo Senior High School Rated A-
  • Partially Fenced Property

About This Lot

As of January 2024

Your dreams can be fulfilled with this incredible 8.17 acre property just outside Rochester. Existing farm site is ready for a new house and it has an incredible set of buildings, well and septic system already in place. The one year old pole shed with partial concrete inside is 60'x104' with 16' sidewalls, it has two 24' wide by 14' high overhead doors with heavy duty openers. The second pole shed is 50x88 with 16' sidewalls, one 24'x14' overhead door with opener and has an earthen floor. Extra outbuildings are all very well maintained with steel siding and roofs including a 34x60 barn, 24x36 pole shed, 14x60 poultry house, 16x34 granary, grain bin and well house. There are some nice fences on most of the pasture and a spring supplies water. Building sites like this don't come along very often so don't delay in making an appointment to see this one. Additional land up to 171.83 acres available.

Last Agent to Sell the Property

Dan Wagner

Coldwell Banker Realty Brokerage Phone: 507-254-4982 Listed on: 11/20/2023

Coldwell Banker Realty

Last Buyer's Agent

Matthew Fowler

Fowler Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,086

Lot Details

  • Partially Fenced Property
  • Electric Fence
  • Wire Fence
  • Irregular Lot
  • Few Trees
  • Building or Site Plan Approved
  • Zoning described as Agriculture

Schools

  • Pinewood Elementary School
  • Willow Creek Middle School
  • Mayo High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 633624036263

Property Details

Property Type

Land

Est. Annual Taxes

$7,086

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Site Plan Approved
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • BuilderRestrict: Open
  • Improvements: Fence
  • Attribution Contact: 507-254-4982
  • Attribution Contact: 507-254-4982
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Easements,Survey Stakes,Topographic Map

Exterior Features

  • Fencing: Electric, Partial, Wire
  • Other Structures: Barn(s), Chicken Coop/Barn, Grain Bin, Granary, Machine Shed, Pole Building, Silo, Storage Shed
  • Farm Type: Beef,Horse,Livestock,Poultry
  • Soil Type: Clay,Loam,Sand

Utilities

  • Utilities: Electricity Connected, Private Septic Connected, Private Well Connected, Electricity Available, Private Septic Available, Private Well Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Willow Creek
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Topography: Gently Rolling,Sloped,Walkout
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 633624036263
  • Tax Annual Amount: 7086
  • TaxWithAssessments: 7086.0000
  • TaxableAcres: 8.170

MLS Schools

  • Elementary School: Pinewood
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Jan 15, 2024
Sold by
Blake C Murray Revocable Trust Dated Ju
Bought by
Borst Kevin and Borst Lindsey
Seller's Agent
Dan Wagner
Coldwell Banker Realty
Buyer's Agent
Matthew Fowler
Fowler Realty
List Price
$600,000
Sold Price
$542,500
Premium/Discount to List
-$57,500
-9.58%
Views
25

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 18, 2023
Sold by
Blake C Murray Trust
Bought by
Blake C Murray Trust
Seller's Agent
Dan Wagner
Coldwell Banker Realty
Buyer's Agent
Matthew Fowler
Fowler Realty
List Price
$600,000
Sold Price
$542,500
Premium/Discount to List
-$57,500
-9.58%
Views
25
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
Borst Kevin $542,500 --
Borst Kevin $542,500 None Listed On Document
Blake C Murray Trust $500 None Listed On Document
Blake C Murray Trust $500 None Listed On Document
Blake C Murray Trust $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2024 01/15/24 Sold $542,500 -9.6% --
12/02/2023 12/02/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $600,000 -- --
Source: NorthstarMLS

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
2022 $7,094 $1,022,500 $966,800 $55,700
2021 $6,304 $812,800 $756,600 $56,200
2020 $7,044 $814,000 $756,600 $57,400
2019 $3,428 $814,000 $756,600 $57,400
2018 $1,817 $16,900 $16,900 $0
2017 $3,634 $832,400 $773,500 $58,900
2016 $3,884 $865,300 $814,400 $50,900
2015 $3,544 $865,800 $814,400 $51,400
2014 $3,420 $783,700 $776,000 $7,700
2012 -- $551,800 $533,800 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6462185

NorthstarMLS

APN: 63.36.24.036263