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916 4th Ave SE, Rochester, MN, 55904

$195,000

Home List Price

$2,316*

Closing Credit

3 Bedrooms
1 Full Bath
1,517 SqFt
$129/SqFt
House

Location

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916 4th Ave SE, Rochester$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt
Garage1 space
Year Built1945
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6594287
StatusActive

About 916 4th Ave SE

This property is a rare find at its price point, especially given its condition and location. Situated just 3 miles from Mayo Clinic, it's conveniently close to shopping, dining, parks, and major freeways. The home boasts original hardwood floors throughout and features a versatile 4-season porch. The backyard is fully fenced, providing privacy and a great space for outdoor activities. All three bedrooms are conveniently located on the same level. The primary bedroom includes a bonus room with endless possibilities—whether you envision it as a home office, exercise room, nursery, gaming area, or craft space. Recent updates include a water heater that's less than 2 years old, a furnace and A/C unit that are 5 years old. With a touch of cosmetic TLC, this home has incredible potential to become your perfect sanctuary!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Living Area: 1,517 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Asphalt

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: Hwy 14 to 9th Street, make right then make right on 4th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $129/SqFt

Tax Information:

  • Annual Amount: $1,418
  • 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

916 4th Ave SE vs Rochester

47 DAYS ON ROCKET

+8 Days

$195,000

-$130K Less

$129/SqFt

-$43 Less

KEY TAKEAWAY

This property is $130K less than the Median Sold Price and $43/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: #6594287

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 11/5/2024, 3:22:49 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$1,418$125,100
2019$1,376$118,600
2017$1,058$93,400

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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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-14802
8
/10

  • Mayo Senior High School

  • 1420 11th Ave SE

  • 0.82 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 $44,279. The most common annual income of people living in Rochester, MN is between $35k-100k. The most common type of family is 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 916 4th Ave SE

What is the listing price of this property?

The listing price of 916 4th Ave SE property is $195,000.

What type of property is this?

The property 916 4th Ave SE is a house located in Rochester, Minnesota, 55904.

Is this property for sale now?

Active Listing: 916 4th 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 916 4th 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 $1,418 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 916 4th Ave SE has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 916 4th Ave SE is 1,517 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 916 4th Ave SE is 1945.

Rocket Homes›Minnesota›Olmsted County›Rochester›55904›916 4th Ave SE

This home is located at 916 4th Ave SE in Rochester, MN and zip code 55904 in the Slatterly Park neighborhood. This 1,517 square foot home was built in 1945. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $195,000.

In October 2024, from all listings sold in Rochester, MN there were more than 43 sold above asking price, over 68 sold below and more than 35 were sold right at the asked price. Between September 2024 and October 2024, Rochester, MN real estate market has seen increase in the number of listings by 0.2%. The median list price of listings available in October 2024 was $325,000, while the average time on the real estate market was 39 days.

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

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