NOT LISTED FOR SALE

985 16 1/2 St SE Rochester, MN 55904

Meadow Park Neighborhood

Estimated Value: $293,000 - $303,000

3 Beds
2 Baths
1,591 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 04, 2015

Last sale price $138,000 $87 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,850/month

45 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Mayo Senior High School Rated A-
  • Fenced Yard
  • 3-minute walk to Meadow Park Estates Park

About This Home

As of March 2015

Just move right into this maintenance free home. This ranch style home has 3 bedrooms on 1 floor and is loaded with upgrades which include granite countertops, new air conditioner, furnace, water softner, washer and dryer, new flooring throughout most of the houseand more. The lower level rooms are multi-functional and have been used as craft room, workshop, media room, family room

Last Agent to Sell the Property

Laurie Mangen

Keller Williams Premier Realty Listed on: 12/04/2014

Last Buyer's Agent

Shelli Wappes

RE/MAX Results - Rochester

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,450

Year Built

  • Built in 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 63x125
  • Fenced Yard
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 641242013478

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,450

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors
  • Amenities Exterior: Deck, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.18
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 641242013478
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 1450
  • Comp Dev Subdiv Name: Meadow Park
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Electric
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 4: On Level: Basement
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Basement
  • Room 12: On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 936
  • Below Grade Finished Sq Ft: 655
  • Total Fin Square Footage: 1591
  • Total Square Footage: 1872

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: 63x125
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2014
  • Tax Value: 1450

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 28, 2015
Sold by
Luoto Iris M
Bought by
Spande Angela A
Seller's Agent
Laurie Mangen
Keller Williams Premier Realty
Buyer's Agent
Shelli Wappes
RE/MAX Results - Rochester
List Price
$143,000
Sold Price
$138,000
Premium/Discount to List
-$5,000
-3.5%
Current Estimated Value
$298,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,575
Avg. Annual Appreciation
7.53%
Original Mortgage
$131,100
Outstanding Balance
$100,261
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$198,314

Purchase Details

Closed on
Jul 5, 2007
Sold by
Hudson Edward C and Hudson Cheryl A
Bought by
Luoto Iris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,400
Interest Rate
6.69%
Mortgage Type
New Conventional
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
Spande Angela A $138,000 None Available
Luoto Iris M $151,400 Edina Title Rochester
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spande Angela A $131,100
Previous Owner Luoto Iris M $151,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2015 03/04/15 Sold $138,000 -3.5% $87 / Sq Ft
01/18/2015 01/18/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $143,000 -- $90 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,182 $244,100 $50,000 $194,100
2023 $2,990 $246,600 $50,000 $196,600
2022 $2,514 $240,400 $45,000 $195,400
2021 $2,318 $199,400 $35,000 $164,400
2020 $2,244 $185,700 $35,000 $150,700
2019 $2,106 $174,700 $35,000 $139,700
2018 $1,673 $166,300 $35,000 $131,300
2017 $1,642 $139,300 $21,000 $118,300
2016 $1,588 $108,500 $17,000 $91,500
2015 $1,494 $102,700 $16,800 $85,900
2014 $1,450 $103,800 $16,800 $87,000
2012 -- $100,100 $16,683 $83,417
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laurie Mangen

    Keller Williams Premier Realty

  • S

    Buyer's Agent in 2015

    Shelli Wappes

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4700758

REALTOR® Association of Southern Minnesota

APN: 64.12.42.013478

Minnesota Olmsted County Rochester 55904 Meadow Park

985 16 1/2 St SE, Rochester, MN

This home is located at 985 16 1/2 St SE, Rochester, MN 55904 since 04 December 2014 and is currently estimated at $298,575, approximately $187 per square foot. This property was built in 1971. 985 16 1/2 St SE is a home located in Olmsted County with nearby schools including Franklin Elementary School, Willow Creek Middle School, and Mayo Senior High School.

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.

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