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1122 8th Street Southwest

1122 8th Street Southwest, Rochester, MN 55902
Property in Rochester
Sold Apr 20, 2021
$795,000
$795,000 by Think Mutual Bank
Mortgage Due May 01, 2051
Sold Feb 17, 2021
$725,000
$543,750 by Manufacturers Bank & Trust Co
Mortgage
Local assessors in Rochester, MN have categorized 1122 8th Street Southwest as a residential type of property. The home was built in 1982 and is 42 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 9,801 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1122 8th Street Southwest has a total of 2,252 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,114 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 506 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1122 8th Street Southwest sold most recently in Apr 9, 2021 for a total of $795,000. If you work out the math, that's approximately a cost of $353.02 per sqft. Before that, the property was also sold for $725,000 in Jan 29, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,324 in taxes each year. 1122 8th Street Southwest was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $542,400. If we break it down further, the land itself was valued at $75,000. Improvements to the property, however, were assessed at a total of $467,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2000
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,114
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 9,801
  • Total Building Area: 2,252
  • Gross Building Area: 2,252
  • Building Area: 2,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BUMPUS ADD
  • Land Acres: 0.225
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-03 TWP-106 RANGE-014 BUMPUS ADD TH PT LOT 6 LYING NLY OF THE FOL DES LN COM NECOR LOT 6 TH S 00 DEG 0209E AL E LN SD LOT

Ownership

  • Current Owner : THIELS CORNELIUS A
  • Current Owner 2: THIELS KATHERINE W
  • Previous Owner : CAPITAL VENTURES LLC
  • Owner Before Previous Owner: SCHNEIDER BRITTANY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rochester Public School District
  • School Tax School District: ROCHESTER
  • School Tax District Code 2: ROCHESTER SCHOO
  • Census Tract: 000400

Geography

  • District: 2303
  • Parcel: 64.03.14.081390
  • Lot: 6
  • Meridian: SEC 03 TWN 106 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.015
  • Longitude: -92.4797

    Address

  • Full Address: 1122 8th St Sw
  • Address - House Number: 1122
  • Street Segment Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Rochester
  • Carrier Code: C012
  • 4-Digit Zip Code: 2060
  • Zip Code: 55902

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,324

    Appraisal Valuation

  • Standard Deviation: 0.0623
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 97
  • Final Value: 677,397
  • High Value: 719,638
  • Low Value: 635,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $795,000
  • First Open Lien Mortgage Lender: THINK MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $795,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $542,400
  • Market Land Value: $75,000
  • Market Improvement Value: $467,400

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $542,400
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $467,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11836146350
  • Current Sale Price: $795,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1532638
  • Previous Sale Recording Date: Feb 17, 2021
  • Previous Sale Contract Date: Jan 29, 2021
  • Previous Sale Amount: $725,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THINK MUTUAL BANK
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $795,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MANUFACTURERS BANK & TRUST CO
  • Previous Mortgage Transaction Date: Feb 17, 2021
  • Previous Mortgage Loan Amount: $543,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Rochester



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Frequently Asked Questions

What neighborhood is 1122 8th Street Southwest located in?
The 1122 8th Street Southwest is a located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 1122 8th Street Southwest?
The average sales price for units in 1122 8th Street Southwest is $0 currently.

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