4 months on rocket

5249 8th St SW, Rochester, MN, 55902

$275,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6571869
StatusActive

About 5249 8th St SW

Lilly Farm Phase 3, a 220-acre subdivision featuring a stunningly designed combination of 61 small acreage lots. Phase 3 of this desirable property is located just mere minutes from downtown Rochester. Breathtaking and serene countryside views. Estate lots to afford varying tastes and styles of finely crafted homes. Secure investment through architectural control & premium location. Beautiful and spacious living environments featuring an alluring mixture of woods and open spaces.

Property Details

Property Features

Listing Office:

  • Office Name: Edina Realty, Inc.

Lot Features

Lot Information:

  • Lot: Irregular Lot, Few Trees, Underground Utilities

Other

Directions Information:

  • Directions: From the Intersection of Country Club Rd SW & West Circle Dr, go west on Country Club Rd SW, travel 0.8 miles, then turn south onto 45th Ave SW, travel 0.5 miles, take a right turn onto 8th St SW heading west, travel a quarter of a mile to the entrance of Lilly Farm Third.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000

Tax Information:

  • Annual Amount: $524
  • 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

$325K

Med. Price/SqFt

$172

Avg. Days On Market

39

# of Sold Homes

146

5249 8th St SW vs Rochester

126 DAYS ON ROCKET

+87 Days

$275,000

-$50K Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6571869

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/21/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2020$524$59,000

History based on county public records data.

Payment Calculator

$1,440

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

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.

Nearby Schools

school-card-donut-412555
9
/10

  • Byron Intermediate School

  • 501 10th Ave NE

  • 4.52 miles

  • Public District Grades 3-5

school-card-donut-412556
5
/10

  • Kasson-Mantorville Elementary School

  • 604 16th St NE

  • 10.03 miles

  • Public District Grades PK-4

school-card-donut-412557
7
/10

  • Bear Cave Intermediate School

  • 1021 10th St NW

  • 10.41 miles

  • Public District Grades 3-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $200,413. The most common annual income of people living in Rochester, MN is $200k+. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Rochester, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Rochester, MN.

Rochester's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and traditional styles. The market also includes a variety of apartments and townhouses, accommodating a range of preferences and needs. The city's homeownership rate is robust, with a substantial portion of residents owning their homes, while the remainder are engaged in the rental market.

What is it like to live in Rochester, MN?

Rochester is celebrated for its welcoming community spirit and vibrant cultural scene. The city prides itself on hosting annual events that reflect its rich heritage and the values of its residents. These gatherings, alongside the city's green spaces and public areas, contribute to Rochester's unique character and the quality of life enjoyed by its inhabitants.

Is it easy to get around Rochester, MN without a car?

The community benefits from a solid educational system, with numerous public and private schools catering to all levels of education, from elementary to high school. Rochester is also home to several healthcare facilities, including a major hospital known for its comprehensive services. The city's public library network serves as a valuable resource for residents, and the variety of retail and dining options reflects the local culture and caters to a range of tastes and preferences.

Transportation in Rochester, MN.

Rochester's transport infrastructure includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city is also mindful of walkability and bikeability, with certain areas being particularly friendly to pedestrians and cyclists. While ride-sharing services are present, they complement the existing transport options, enhancing mobility for residents and visitors alike.

Frequently Asked Questions About 5249 8th St SW

What is the listing price of this property?

The listing price of 5249 8th St SW property is $275,000.

What type of property is this?

The property 5249 8th St SW is land located in Rochester, Minnesota, 55902.

Is this property for sale now?

Active Listing: 5249 8th St SW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $524 (source: MLS/based on county public records data).
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Rocket Homes›Minnesota›Olmsted County›Rochester›55902›5249 8th St SW

This home is located at 5249 8th St SW in Rochester, MN and zip code 55902. It has been listed on Rocket Homes since July 18, 2024 and is currently priced at $275,000.

Over 43 listings were sold over their listed price in October 2024 in Rochester, MN. In the same period over 68 listings were sold below the listed price and 35 listings were sold for the listed price. In October 2024 in Rochester, MN there were 0.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 39 days, the median list price was $325,000.

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

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