2 months on rocket

728 1st Ave SW Unit 501, Rochester, MN, 55902

$169,900

Home List Price

$2,018*

Closing Credit

2 Bedrooms
1 Full Bath
988 SqFt
$172/SqFt
Condo

Location

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728 1st Ave SW Unit 501, Rochester$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Guest Parking
Year Built1979
HeatingForced Air
CoolingCentral Air
WaterfrontRiver Front
MLS #6611010
StatusActive

About 728 1st Ave SW Unit 501

Introducing a captivating top-floor condo near the heart of downtown that seamlessly blends modern comfort with natural beauty. This 2-bedroom property features brand new carpet, a fresh coat of paint throughout, and new faucets creating a clean and inviting atmosphere that is ready for you to move in and make it your own. The unit has its own laundry. The large living room has a wonderful view of downtown. It is a secure building equipped with an elevator for ease and accessibility. Out the back door of the building are walking and bike paths along the Zumbro River and downtown. One block away from the Peoples Food Co-op to the south and one block away from Soldiers Field Memorial, Park, and Golf Course to the north. Only two blocks from the Mayo clinic and the downtown skyway. Association fees of $275 per month covers water, sewer, snow removal, lawn care, trash removal, exterior insurance, and maintenance. Rentals are allowed. No pets.

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: River Front

Parking Information:

  • Parking: Covered, Guest Parking

Virtual/3D Tour

  • 3D Tour: 728 1st Ave SW Unit 501
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Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From South Broadway turn west on 6th Street SW, turn south on 1st Avenue SW and the building will be on the east side of the street before Soldier Field Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $172/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly
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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

38

# of Sold Homes

106

728 1st Ave SW Unit 501 vs Rochester

79 DAYS ON ROCKET

+41 Days

$169,900

-$155.1K Less

$172/SqFt

-$1 Less

KEY TAKEAWAY

This property is $155.1K less than the Median Sold Price and $1/SqFt less than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6611010

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-867694
9
/10

  • Byron Intermediate School

  • 501 10th Ave NE

  • 8.35 miles

  • Public District Grades 3-5

school-card-donut-867695
7
/10

  • Bear Cave Intermediate School

  • 1021 10th St NW

  • 10.59 miles

  • Public District Grades 3-5

school-card-donut-867696
8
/10

  • Dover-Eyota Elementary School

  • 27 Knowledge Rd SW

  • 11.88 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,345. Residents of Rochester, MN typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 728 1st Ave SW Unit 501

What is the listing price of this property?

The listing price of 728 1st Ave SW Unit 501 property is $169,900.

What type of property is this?

The property 728 1st Ave SW Unit 501 is a condo located in Rochester, Minnesota, 55902.

Is this property for sale now?

Active Listing: 728 1st Ave SW Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 728 1st Ave SW Unit 501 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 728 1st Ave SW Unit 501 is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 728 1st Ave SW Unit 501 is 1979.

Rocket Homes›Minnesota›Olmsted County›Rochester›55902›728 1st Ave SW Unit 501

This home is located at 728 1st Ave SW Unit 501 in Rochester, MN and zip code 55902 in the Downtown neighborhood. This 988 square foot home was built in 1979. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $169,900.

Rochester, MN housing market in November 2024 saw over 26 listings sold above listed price, more than 32 sold at listed price and over 48 sold below. The number of listings in Rochester, MN decreased by 7.9% between October 2024 and November 2024. In November 2024 median list price was $325,000 and the average listing age was 38 days.

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

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