Check Availability

308 16th Avenue Southeast

308 16th Avenue Southeast, Rochester, MN 55904
Multifamily in East Side Pioneers
Sold Mar 31, 2021
$188,000
$159,350 by Plains Commerce Bank
Mortgage Due Mar 01, 2051
308 16th 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 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 4 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, 308 16th Avenue Southeast has 1,602 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 706 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 1,360 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 detached garage for those who require parking. The garage measured 476 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. 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. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 308 16th Avenue Southeast was last sold in Jan 27, 2021 for $188,000. According to our calculations, that's $117.35 per sqft. Current property owners are expected to pay $2,978 in taxes per year. The property on 308 16th Avenue Southeast was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $159,000. To break that down further, the land itself was valued at $25,000. While improvements to the property were assessed at a total of $134,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Driveway

Driveway

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C-
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 706
  • Garage Type: Detached
  • Garage Square Area: 476
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,602
  • Gross Building Area: 1,602
  • Building Area: 1,602
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,602
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANDERSONS 2ND
  • Land Acres: 0.16
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SECT-01 TWP-106 RANGE-014 SANDERSONS 2ND LOT-016 LOT 16

Ownership

  • Current Owner : REPS MEGAN LEE
  • Current Owner 2: REPS MICHAEL DEAN
  • Previous Owner : CARLSON THEODORE V
  • 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: 000200

Geography

  • District: 2303
  • Parcel: 64.01.11.020819
  • Lot: 16
  • Meridian: SEC 01 TWN 106 RNG 14
  • Municipality: ROCHESTER CITY
  • Latitude: 44.0206
  • Longitude: -92.4423

    Address

  • Full Address: 308 16th Ave Se
  • Address - House Number: 308
  • Street Segment Direction: SE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Rochester
  • Carrier Code: C006
  • 4-Digit Zip Code: 4734
  • Zip Code: 55904

Valuation

    Tax

  • Total Area: 1,273
  • Tax Year: 2023
  • Tax Amount: $2,978

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 69
  • Final Value: 291,987
  • High Value: 336,818
  • Low Value: 247,155

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,350
  • First Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Mar 31, 2021
  • First Open Lien Mortgage Loan Amount: $159,350
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $159,000
  • Market Land Value: $25,000
  • Market Improvement Value: $134,000

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $159,000
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $134,000

    Sales

  • Current Sale Contract Date: Jan 27, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Transaction ID: 11831586640
  • Current Sale Price: $188,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A-1530768

    Last Sale Mortgage

  • First Mortgage Lender: PLAINS COMMERCE BANK
  • First Mortgage Transaction Date: Mar 31, 2021
  • First Mortgage Loan Amount: $159,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About East Side Pioneers



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 519 East Center Street, Rochester, MN, 55906

$950 /mo

  • 1 Bed
  • 1 Bath
  • 667 ft²
519 East Center Street #519 East Center Street #Lower, Rochester, MN, 55906 Listing by Manager
Unit for rent at 2020/2022 Eastwood Rd Se, Rochester, MN, 55904

$895 /mo

  • 2 Beds
  • 1 Bath
2020/2022 Eastwood Rd Se #2022 Eastwood Rd SE, Rochester, MN, 55904 Listing by Manager
Unit for rent at 1147 5th Ave Se, Rochester, MN, 55904

$1,050 /mo

  • 1 Bed
  • 1 Bath
  • 954 ft²
1147 5th Ave Se #1147 5th Ave SE, Rochester, MN, 55904 Listing by Manager
Unit for rent at 110-110 1/2 6th Ave Se, Rochester, MN, 55904

$925 /mo

  • 2 Beds
  • 1 Bath
110-110 1/2 6th Ave Se #110 1/2 6th Ave SE Apt 4, Rochester, MN, 55904 Listing by Manager
Unit for rent at 1609 10th St Se #4, Rochester, MN, 55904

$945 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
1609 10th St Se #4 #1609 10th St SE #4, Rochester, MN, 55904 Listing by Manager
Unit for rent at 1503, 1509, 1520 4th Ave Se, Rochester, MN, 55904

$925 /mo

  • 2 Beds
  • 1 Bath
1503 #1520 4th Ave SE # F, 1509, 1520 4th Ave Se, Rochester, MN, 55904 Listing by Manager
Unit for rent at 1518 10th Avenue Southeast, Rochester, MN, 55904

$950 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
1518 10th Avenue Southeast #1518 10th Ave SE, Rochester, MN, 55904 Listing by Manager

Frequently Asked Questions

What neighborhood is 308 16th Avenue Southeast located in?
The 308 16th Avenue Southeast is a multifamily located in the neighborhood of East Side Pioneers in East Side Pioneers, Rochester.
What is the average sales price for listings in 308 16th Avenue Southeast?
The average sales price for units in 308 16th Avenue Southeast is $0 currently.

Quantcast