NOT LISTED FOR SALE

907 40th St NW Rochester, MN 55901

Estimated Value: $189,000 - $219,000

2 Beds
1.5 Baths
1,614 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $176,450 $109 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,438/month

Highlights

  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • The kitchen features windows
  • Laundry Room
  • Water Softener is Owned

About This Home

As of December 2022

3 level townhome end unit with private deck and yard area. Furnace and Central Air also Water heater are all less than 3 years old. Exercise room in 2 Bedroom has all the equipment and mounted TV included in price. One stall detached garage close to front door with height of door at 6ft 5 inches

Last Agent to Sell the Property

Raymond Neis

Property Brokers of Minnesota Listed on: 10/03/2022

Co-Listed By

Cynthia Parker Neis

Property Brokers of Minnesota

Last Buyer's Agent

Alex Dergam-Larson

Counselor Realty of Rochester

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1972

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 22x64
  • Few Trees

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Schools

  • Robert Gage Elementary School
  • John Adams Middle School
  • John Marshall High School

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include maintenance structure, lawn care, trash, snow removal
  • Infinity Association, Phone Number (507) 550-1052
  • Summit Square 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 742322021773

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,452

Year Built

Built in 1972

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 1120
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished, Full, Sump Pump
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1614
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 494
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Laundry
  • SqFtTotal: 1668.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Rochester Public Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Trash, Snow Removal
  • Phone: 507-550-1052
  • Association Fee: 185
  • Association: Yes
  • Amenities Unit: Deck,Exercise Room,Kitchen Window

Association/Amenities

  • HOA Management Co: Infinity

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 22x64
  • Lot Size Sq Ft: 1306.8
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 742322021773
  • Tax Annual Amount: 1452
  • TaxWithAssessments: 1318.0000

MLS Schools

  • Elementary School: Robert Gage
  • HighSchool: John Marshall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Dec 8, 2022
Sold by
Kennedy Hugh
Bought by
Parker Spearman Shawn
Seller's Agent
Raymond Neis
Property Brokers of Minnesota
Buyer's Agent
Alex Dergam-Larson
Counselor Realty of Rochester
List Price
$182,500
Sold Price
$176,450
Premium/Discount to List
-$6,050
-3.32%
Current Estimated Value
$202,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,552
Avg. Annual Appreciation
4.76%
Original Mortgage
$171,150
Outstanding Balance
$165,968
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$36,034

Purchase Details

Closed on
May 29, 2020
Sold by
Ruhoff Carol A
Bought by
Kennedy Hugh

Purchase Details

Closed on
Aug 27, 2007
Sold by
Ruhoff Susan K
Bought by
Ruhoff Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
6.72%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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
Parker Spearman Shawn $176,450 --
Kennedy Hugh $153,400 Rochester Title & Escrow Co
Ruhoff Carol A $98,000 Rochester Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Spearman Shawn $171,150
Previous Owner Ruhoff Carol A $78,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $176,450 -3.3% $109 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $182,500 -- $113 / Sq Ft
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
2024 $2,284 $187,500 $20,000 $167,500
2023 $1,712 $155,900 $15,000 $140,900
2022 $1,452 $143,100 $15,000 $128,100
2021 $1,318 $127,700 $15,000 $112,700
2020 $1,286 $118,400 $15,000 $103,400
2019 $1,276 $112,700 $15,000 $97,700
2018 $900 $112,200 $15,000 $97,200
2017 $854 $90,400 $13,000 $77,400
2016 $886 $53,700 $8,400 $45,300
2015 $814 $55,100 $8,500 $46,600
2014 $812 $55,100 $8,500 $46,600
2012 -- $57,000 $8,566 $48,434
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6264278

NorthstarMLS

APN: 74.23.22.021773