2 months on rocket

1240 5th Ave SE, Rochester, MN, 55904

$269,900

Home List Price

$3,205*

Closing Credit

4 Bedrooms
2 Full Baths
1,564 SqFt
$173/SqFt
House

Location

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1240 5th Ave SE, Rochester$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Garage3 spaces
Year Built1938
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6586856
StatusActive

About 1240 5th Ave SE

Great location near downtown and the beltine. 4 bedrooms and a functioning second bathroom ready for some finishing touches. Newer replacement windows, steel siding, and a huge heated and insulated detached garage. New roofs were installed on both the house and garage in May 2024.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 1,564 SqFt

Listing Office:

  • Office Name: Counselor Realty of Rochester

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, Storage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Mayo Senior High School, Public District Grades 8-12

Other

Directions Information:

  • Directions: From Broadway, go East on 12th Street SE and turn right onto 5th Ave SE. House is on the left. 1240.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $1,748
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$325K

Med. Price/SqFt

$172

Avg. Days On Market

39

# of Sold Homes

146

1240 5th Ave SE vs Rochester

67 DAYS ON ROCKET

+28 Days

$269,900

-$55.1K Less

$173/SqFt

+$1 More

KEY TAKEAWAY

This property is $55.1K less than the Median Sold Price and $1/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: #6586856

Listing Office:

  • Office Name: Counselor Realty of Rochester

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Last updated on: 11/3/2024, 12:52:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2013Home Sold
$130,000
Oct 16, 2013Home Sold
$104,251

Tax History

YEARPROP. TAXASSESSMENT
2020$1,748$147,400
2019$2,541$139,100
2017$744$120,200

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-1045990
8
/10
  • Mayo Senior High School

  • 1420 11th Ave SE

  • 0.50 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,569. Residents of Rochester, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1240 5th Ave SE

What is the listing price of this property?

The listing price of 1240 5th Ave SE property is $269,900.

What type of property is this?

The property 1240 5th Ave SE is a house located in Rochester, Minnesota, 55904.

Is this property for sale now?

Active Listing: 1240 5th Ave SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1240 5th Ave SE are:
Mayo Senior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,748 (source: MLS/based on county public records data).

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

The last sale was on October 16, 2013 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1240 5th Ave SE has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1240 5th Ave SE is 1,564 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1240 5th Ave SE is 1938.

Rocket Homes›Minnesota›Olmsted County›Rochester›55904›1240 5th Ave SE

This home is located at 1240 5th Ave SE in Rochester, MN and zip code 55904 in the Meadow Park neighborhood. This 1,564 square foot home was built in 1938. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $269,900.

In October 2024 more than 43 listings in Rochester, MN were sold above the asking price. During the same period more than 35 listings were sold at asking price, while more than 68 were sold below. In October 2024 in Rochester, MN there were 0.2% more homes for sale than in September 2024. Listings spent 39 days on the market in October 2024, and had a median list price of $325,000 during the same period.

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

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