NOT LISTED FOR SALE

726 7th Ave SE Rochester, MN 55904

Slatterly Park Neighborhood

Estimated Value: $222,394 - $248,000

2 Beds
2 Baths
2,054 Sq Ft
$115/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $34,500 $17 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $1,450/month

167 Days on Market

Highlights

  • Corner Lot
  • 1 Car Detached Garage
  • Forced Air Heating System
  • Mayo Senior High School Rated A

About This Home

As of October 2013

Great potential in this duplex! Both units are 1 bedroom, 1 bath. This will make for easy tenants! Needs a little work with carpet, paint and appliances.

Last Agent to Sell the Property

Kyle Swanson

Counselor Realty Rochester Listed on: 03/26/2013

Co-Listed By

Realty Edge Team

Counselor Realty Rochester

Last Buyer's Agent

Jim Savage

Coldwell Banker At Your Service Rea

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 134 x 49
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • 2,054 Sq Ft Home
  • Duplex
  • Frame Construction
  • Vinyl Siding

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Location

  • Ground Level
  • Upper Level

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, fuel
  • Assessor Parcel Number 640124005743

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

6,534 Sq Ft Lot

Parking

1

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Parcel Number: 640124005743
  • Range: 14.00
  • Section: 1.00
  • Stories: 1.25 - 1.75 Story
  • Twp Number: 106.00
  • Estimated Number of Acres: 0.15
  • Comp Dev Subdiv Name: East Rochester
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2054
  • Total Fin Square Footage: 2054
  • Total Square Footage: 2740

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Exterior Amenities: Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 134 x 49

Rental Info

  • Tenant Expense: Electric, Fuel

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2012
  • Tax Value: 1628

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2013
Closed on
Nov 1, 2013
Sold by
Shelstad Melvyn and Shelstad Debra
Bought by
Morris Michael
Seller's Agent
Kyle Swanson
Counselor Realty Rochester
Buyer's Agent
Jim Savage
Coldwell Banker At Your Service Rea
List Price
$62,000
Sold Price
$34,500
Premium/Discount to List
-$27,500
-44.35%
Current Estimated Value
$236,849

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,349
Avg. Annual Appreciation
16.81%
Original Mortgage
$41,059
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Mar 26, 2013
Closed on
Oct 23, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Shelstad Melvyn
Seller's Agent
Kyle Swanson
Counselor Realty Rochester
Buyer's Agent
Jim Savage
Coldwell Banker At Your Service Rea
List Price
$62,000
Sold Price
$34,500
Premium/Discount to List
-$27,500
-44.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,059
Interest Rate
4.33%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 30, 2012
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 21, 2012
Sold by
Strovers Galen J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 8, 2005
Sold by
Teman Paul T and Teman Carolin J
Bought by
Strovers Galen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,850
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morris Michael $41,059 None Available
Shelstad Melvyn -- Home Title
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $119,317 None Available
Strovers Galen $107,693 Edina Title Rochester
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Morris Michael $41,059
Previous Owner Strovers Galen $106,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $34,500 -44.4% $17 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $62,000 -- $30 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,612 $183,400 $35,000 $148,400
2023 $2,222 $189,800 $35,000 $154,800
2022 $1,420 $171,400 $35,000 $136,400
2021 $1,378 $125,500 $30,000 $95,500
2020 $1,556 $122,400 $25,000 $97,400
2019 $1,364 $117,900 $25,000 $92,900
2018 $1,732 $105,600 $20,000 $85,600
2017 $1,114 $96,700 $20,000 $76,700
2016 $1,418 $58,500 $8,900 $49,600
2015 $1,599 $73,100 $9,700 $63,400
2014 $1,587 $73,100 $9,700 $63,400
2012 -- $102,500 $13,400 $89,100
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kyle Swanson

    Counselor Realty Rochester

  • R

    Seller Co-Listing Agent in 2013

    Realty Edge Team

    Counselor Realty Rochester

  • J

    Buyer's Agent in 2013

    Jim Savage

    Coldwell Banker At Your Service Rea

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4455256

REALTOR® Association of Southern Minnesota

APN: 64.01.24.005743

Minnesota Olmsted County Rochester 55904 Slatterly Park

726 7th Ave SE, Rochester, MN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.