7 months on rocket

928 Milborne Ln NW, Rochester, MN, 55901

$115,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6525022
StatusActive

About 928 Milborne Ln NW

This walkout lot is located on a cul-de-sac in a convenient location. Close to two large parks, downtown, and shopping. Elementary and middle school students attend two of Rochester's newest schools! Rambler style blueprint available, or create one with the builder!

Property Details

Property Features

Listing Office:

  • Office Name: Elcor Realty of Rochester Inc.

Lot Features

Lot Information:

  • Lot: Irregular Lot, Underground Utilities

Other

Directions Information:

  • Directions: Take W River Parkway, turn left on Essex Parkway, turn right on Londonderry, left on Milborne.

Price Information

Listing Price Info

Price Summary:

  • List Price: $115,000

Tax Information:

  • Annual Amount: $1,170
  • 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

38

# of Sold Homes

106

928 Milborne Ln NW vs Rochester

238 DAYS ON ROCKET

+200 Days

$115,000

-$210K Less

KEY TAKEAWAY

This property is $210K 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: #6525022

Listing Office:

  • Office Name: Elcor Realty of Rochester Inc.

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Last updated on: 12/18/2024, 5:22:50 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$1,170$70,000
2019$1,830$70,000
2017$1,212$45,000

History based on county public records data.

Payment Calculator

$641

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$411

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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-51190
9
/10
  • Byron Intermediate School

  • 501 10th Ave NE

  • 8.05 miles

  • Public District Grades 3-5

school-card-donut-51191
7
/10
  • Pine Island Elementary School

  • 8749 County Road 5 NW

  • 10.07 miles

  • Public District Grades PK-4

school-card-donut-51192
5
/10
  • Kasson-Mantorville Elementary School

  • 604 16th St NE

  • 13.27 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,938. The most common annual income of people living in Rochester, MN is between $35k-100k. Most 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

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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Rochester, MN convenient?

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.

How do Rochester, MN residents get around?

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 928 Milborne Ln NW

What is the listing price of this property?

The listing price of 928 Milborne Ln NW property is $115,000.

What type of property is this?

The property 928 Milborne Ln NW is land located in Rochester, Minnesota, 55901.

Is this property for sale now?

Active Listing: 928 Milborne Ln NW 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 $1,170 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaOlmsted CountyRochester55901928 Milborne Ln NW

This home is located at 928 Milborne Ln NW in Rochester, MN and zip code 55901. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $115,000.

In November 2024, from all listings sold in Rochester, MN there were more than 26 sold above asking price, over 48 sold below and more than 32 were sold right at the asked price. The number of homes for sale in Rochester, MN decreased by 7.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $325,000.

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

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