3 months on rocket

725 7th St NW, Rochester, MN, 55901

$169,900

Home List Price

$2,018*

Closing Credit

2 Bedrooms
1 Full Bath
796 SqFt
$213/SqFt
House

Location

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725 7th St NW, Rochester$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Year Built1927
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6551728
StatusActive

About 725 7th St NW

Fantastic opportunity to own an investment property in the heart of Rochester for under $200,000! The property is occupied as of 1/31/24 on a 2-year term. Handicap accessible, newer appliances, and quick access to Rochester’s trail system. To obtain the rental certificate, the owner had to demolish the garage shown in the property photos. As a result, there is currently no garage on the property. The rental certificate is valid.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Living Area: 796 SqFt

Listing Office:

  • Office Name: Realty Growth Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public District Grades 8-12

Other

Directions Information:

  • Directions: Head west toward Broadway Ave S Turn right onto Broadway Ave S Turn left onto 7th St NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $213/SqFt

Tax Information:

  • Annual Amount: $1,608
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rochester, MN.

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Rochester, MN

City

Med. Sold Price

$320K

Med. Price/SqFt

$171

Avg. Days On Market

32

# of Sold Homes

142

725 7th St NW vs Rochester

100 DAYS ON ROCKET

+68 Days

$169,900

-$150.1K Less

$213/SqFt

+$41 More

KEY TAKEAWAY

This property is $150.1K less than the Median Sold Price and $41/SqFt more than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6551728

Listing Office:

  • Office Name: Realty Growth Inc.

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Last updated on: 9/20/2024, 8:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 06, 2021Home Sold
$167,000
Jan 08, 2020Home Sold
$138,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,608$116,700
2019$2,373$110,200
2017$1,492$96,600

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-126120
5
/10

  • John Marshall Senior High School

  • 1510 14th St NW

  • 0.61 miles

  • Public District Grades 8-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,474. Residents of Rochester, MN typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 725 7th St NW

What is the listing price of this property?

The listing price of 725 7th St NW property is $169,900.

What type of property is this?

The property 725 7th St NW is a house located in Rochester, Minnesota, 55901.

Is this property for sale now?

Active Listing: 725 7th St NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 725 7th St NW are:
John Marshall Senior High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,608 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 2021 for $167,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 725 7th St NW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 725 7th St NW is 796 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 725 7th St NW is 1927.

Rocket Homes›Minnesota›Olmsted County›Rochester›55901›725 7th St NW

This home is located at 725 7th St NW in Rochester, MN and zip code 55901 in the Washington neighborhood. This 796 square foot home was built in 1927. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $169,900.

Rochester, MN housing market in August 2024 saw over 44 listings sold above listed price, more than 40 sold at listed price and over 57 sold below. In August 2024 in Rochester, MN there were 3% more homes for sale than in July 2024. Listings spent 32 days on the market in August 2024, and had a median list price of $320,050 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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