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1625 Wilshire Drive Northeast

1625 Wilshire Drive Northeast, Rochester, MN 55906
Property in Rochester
Sold Jul 30, 2020
$262,000
$209,600 by Qrl Financial Services
Mortgage Due Aug 01, 2050
Sold Nov 09, 2017
$250,000
$200,000 by Homeplac Loans Llc
Mortgage Due Nov 01, 2047
Local assessors in Rochester, MN have categorized 1625 Wilshire Drive Northeast as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 10,411 square feet. The linear feet between the front and back of the lot was measured at 1,040 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 3 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 1625 Wilshire Drive Northeast has a total of 1,352 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 1,300 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 garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B-. The building has a gable style roof that was made of asphalt. Lots of stucco 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, 1625 Wilshire Drive Northeast sold most recently in Jul 24, 2020 for a total of $262,000. If you work out the math, that's approximately a cost of $193.79 per sqft. Before that, the property was also sold for $250,000 in Oct 24, 2017. 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 $3,600 in taxes each year. 1625 Wilshire Drive Northeast was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $260,700. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $210,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1968
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B-
  • Construction Type: Wood
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,300
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,411
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE ESTATES ADD
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-25 TWP-107 RANGE-014 WILSHIRE ESTATES ADD LOT-004 BLOCK-002 LOT 4 BLK 2

Ownership

  • Current Owner : SCHULTZ ELIZABETH
  • Current Owner 2: SCHULTZ JEREMIAH J
  • Previous Owner : WIGHT CYNTHIA R
  • Previous Owner 2: WIGHT JAMES E
  • Owner Before Previous Owner: NICHOLSON DONALD E
  • Owner Before Previous Owner 2: NICHOLSON BERNANDETTE L
  • 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: 001601

Geography

  • District: 2303
  • Parcel: 74.25.41.025368
  • Block: 2
  • Lot: 4
  • Meridian: SEC 25 TWN 107 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0403
  • Longitude: -92.443

    Address

  • Full Address: 1625 Wilshire Dr Ne
  • Address - House Number: 1625
  • Street Segment Direction: NE
  • Address - Street Name: Wilshire
  • Address - Suffix Type: Dr
  • State: MN
  • City Name: Rochester
  • Carrier Code: C021
  • 4-Digit Zip Code: 4364
  • Zip Code: 55906

Valuation

    Tax

  • Total Area: 1,551
  • Tax Year: 2023
  • Tax Amount: $3,600

    Appraisal Valuation

  • Standard Deviation: 0.1287
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 322,880
  • High Value: 364,455
  • Low Value: 281,305

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $232,600
  • First Open Lien Mortgage Lender: QRL FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Jul 30, 2020
  • First Open Lien Mortgage Loan Amount: $209,600
  • 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: Aug 01, 2050
  • Second Open Lien Mortgage Lender: MAYO EMPLOYEES CU
  • Second Open Lien Mortgage Recording Date: Nov 18, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $23,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 28, 2030

    Market Valuation

  • Market Total Value: $260,700
  • Market Land Value: $50,000
  • Market Improvement Value: $210,700

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $260,700
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $210,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 24, 2020
  • Current Sale Recording Date: Jul 30, 2020
  • Current Sale Transaction ID: 11781480516
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1506519
  • Previous Sale Recording Date: Nov 09, 2017
  • Previous Sale Contract Date: Oct 24, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QRL FINANCIAL SERVICES
  • First Mortgage Transaction Date: Jul 30, 2020
  • First Mortgage Loan Amount: $209,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HOMEPLAC LOANS LLC
  • Previous Mortgage Transaction Date: Nov 09, 2017
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

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Frequently Asked Questions

What neighborhood is 1625 Wilshire Drive Northeast located in?
The 1625 Wilshire Drive Northeast is a located in the neighborhood of Rochester in Rochester, Rochester.
What is the average sales price for listings in 1625 Wilshire Drive Northeast?
The average sales price for units in 1625 Wilshire Drive Northeast is $0 currently.

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