870 48th Ave NW Rochester, MN 55901
The Manor NeighborhoodEstimated Value: $337,336 - $361,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                1,034
                Sq Ft
            
            
                
                    $334/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 870 48th Ave NW, Rochester, MN 55901 and is currently estimated at $345,084, approximately $333 per square foot. 870 48th Ave NW is a home located in Olmsted County with nearby schools including Bishop Elementary School, John Adams Middle School, and John Marshall Senior High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Sep 13, 2019
            
        
                Sold by
            
            
                Hanneman Maria R and Hanneman Adam M
            
        
                Bought by
            
            
                Heitz Alex and Heitz Roshni
            
        
                            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
            
            
                $192,992
            
        
                Outstanding Balance
            
            
                $168,697
            
        
                Interest Rate
            
            
                3.5%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $176,387
            
        Purchase Details
                Closed on
            
            
                Aug 26, 2013
            
        
                Sold by
            
            
                Hanneman Maria R and Hanneman Adam M
            
        
                Bought by
            
            
                Hanneman Maria R and Hanneman Adam M
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $151,050
            
        
                Interest Rate
            
            
                4.38%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Aug 21, 2009
            
        
                Sold by
            
            
                Mulvihill Christopher F and Mulvihill Karen F
            
        
                Bought by
            
            
                Eiden Maria R
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $160,734
            
        
                Interest Rate
            
            
                5.21%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Heitz Alex | $241,242 | Rochester Title & Escrow Co | |
| Hanneman Maria R | -- | None Available | |
| Eiden Maria R | $163,700 | Rochester Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Heitz Alex | $192,992 | |
| Previous Owner | Hanneman Maria R | $151,050 | |
| Previous Owner | Eiden Maria R | $160,734 | 
                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 | $3,980 | $300,500 | $50,000 | $250,500 | 
| 2023 | $3,432 | $282,700 | $50,000 | $232,700 | 
| 2022 | $2,936 | $268,700 | $50,000 | $218,700 | 
| 2021 | $2,832 | $227,800 | $40,000 | $187,800 | 
| 2020 | $2,876 | $220,400 | $40,000 | $180,400 | 
| 2019 | $2,686 | $215,500 | $40,000 | $175,500 | 
| 2018 | $2,192 | $203,900 | $40,000 | $163,900 | 
| 2017 | $2,192 | $183,100 | $25,000 | $158,100 | 
| 2016 | $2,082 | $146,600 | $21,700 | $124,900 | 
| 2015 | $1,968 | $136,200 | $21,400 | $114,800 | 
| 2014 | $1,892 | $137,900 | $21,500 | $116,400 | 
| 2012 | -- | $158,700 | $25,000 | $133,700 | 
                Source: Public Records
                    
            
        Map
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