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1635 7th Avenue Southeast

1635 7th Avenue Southeast, Rochester, MN 55904
Property in Meadow Park
Sold Jun 03, 2020
$226,600
$215,270 by Bay Equity Llc
Mortgage Due Jun 01, 2050
1635 7th Avenue Southeast has been categorized by the local assessors in Rochester, MN as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1635 7th Avenue Southeast has 884 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 884 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 519 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1635 7th Avenue Southeast sold most recently in May 29, 2020 for a total of $226,600. If you work out the math, that's approximately a cost of $256.33 per sqft. 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 $2,890 in taxes each year. 1635 7th Avenue Southeast was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $195,700. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $160,700. 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: 1974
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: 884
  • Garage Type: Attached
  • Garage Square Area: 519
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 884
  • Gross Building Area: 884
  • Building Area: 884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW PARK 9TH SUB-TORRENS
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-12 TWP-106 RANGE-014 MEADOW PARK 9TH SUB-TORRENS LOT-009 BLOCK-001 LOT 9 BLK 1

Ownership

  • Current Owner : SMITH JASMINE
  • Current Owner 2: PETERSON JACOB
  • Previous Owner : PETERSON MARK J
  • 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: 001000

Geography

  • District: 2303
  • Parcel: 64.12.31.013663
  • Block: 1
  • Lot: 9
  • Meridian: SEC 12 TWN 106 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 43.9982
  • Longitude: -92.4532

    Address

  • Full Address: 1635 7th Ave Se
  • Address - House Number: 1635
  • Street Segment Direction: SE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Rochester
  • Carrier Code: C009
  • 4-Digit Zip Code: 5276
  • Zip Code: 55904

Valuation

    Tax

  • Total Area: 1,195
  • Tax Year: 2023
  • Tax Amount: $2,890

    Appraisal Valuation

  • Standard Deviation: 0.13
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 85
  • Final Value: 270,246
  • High Value: 305,403
  • Low Value: 235,088

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,270
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Jun 03, 2020
  • First Open Lien Mortgage Loan Amount: $215,270
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $195,700
  • Market Land Value: $35,000
  • Market Improvement Value: $160,700

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $195,700
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $160,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11772944874
  • Current Sale Price: $226,600
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T-151527

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $215,270
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 1635 7th Avenue Southeast located in?
The 1635 7th Avenue Southeast is a located in the neighborhood of Meadow Park in Meadow Park, Rochester.
What is the average sales price for listings in 1635 7th Avenue Southeast?
The average sales price for units in 1635 7th Avenue Southeast is $0 currently.

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