Last Sold Price
1,932 sqft$163/sqft
1862 16 1/2 St NW, Rochester, MN 55901

Description

What an opportunity here! Back on the market due to buyers financing falling apart! This is a way to own a home and also have it generate income at the same time. This is a purpose built duplex located in a quiet NW neighborhood. Fantastic owner occupied property or just as an investment, this will work well either way and is a turnkey money maker all ready to go. It has had many nice updates. The first unit is on the main floor and has 3 total bedrooms, 2 on the main floor with a finished basement...What an opportunity here! Back on the market due to buyers financing falling apart! This is a way to own a home and also have it generate income at the same time. This is a purpose built duplex located in a quiet NW neighborhood. Fantastic owner occupied property or just as an investment, this will work well either way and is a turnkey money maker all ready to go. It has had many nice updates. The first unit is on the main floor and has 3 total bedrooms, 2 on the main floor with a finished basement that can be used as another bedroom with a separate bathroom. The upper unit has 2 bedrooms and 1 bath. A 2 car detached garage and nice flat yard. Schedule your private tour today.
LISTING CLOSED: 08/01/2022 12:00 AM

  1. Listed by Tiffany Carey • RE/MAX Results
    P: (507)-288-1111 C: (507)-269-8678 tiffany@tiffanyandjasoncarey.com
  2. Listed by Jason Carey
    P: (507)-288-1111 C: (507)-250-5361 Jason@TiffanyandJasonCarey.com

Property Details for 1862 16 1/2 Street Northwest

Status
MLS #
6190858
Days on Compass
5
Taxes
$2,750 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Duplex Up and Down
Year Built
1959
Lot Size
0.14 AC / 6,098 SF
Subdivision Name
Sunset Terrace
Zoning Jurisdiction
Residential-Multi-Family

Location

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Building Information for 1862 16 1/2 Street Northwest

Stories-Residences2Year Built1959Building Size-Lot Size0.14 AC / 6,098 SF

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Principal and Interest

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Property Taxes

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HOA Dues

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Property Information for 1862 16 1/2 Street Northwest

Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: US-52 N - Take Exit 56C for 19th St NW - Slight LEFT onto 19th St NW/Elton Hills Dr NW - CONTINUE to follow 19th St NW - LEFT onto 19th Ave NW - LEFT onto 16 1/2 St NW - Home will be on your RIGHT
  • Latitude: 44.0393089848
  • Longitude: -92.4922000302
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55901
  • State Or Province: MN
  • Public Survey Township: 107
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 742734022308
  • Tax Annual Amount: $2,750.00
  • Tax Legal Description: SECT-27 TWP-107 RANGE-014 SUNSET TERRACE LOT-013 BLOCK-007 LOT 13 BLK 7
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2022
  • Tax With Assessments: 2750.0000
School Information
  • Elementary School: Sunset Terrace
  • High School: John Marshall
  • High School District: 535 - Rochester
  • Middle Or Junior School: John Adams
  • School District Number: 535
  • School District Phone: 507-328-3000
Property
Lot Information
  • Above Grade Fin SQFT: 1680.0
  • Below Grade Fin SQFT: 252.0
  • SQFT Total: 1932.0
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 55x110
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 840.0000
  • Above Grade SqFt Total: 1680.0000
  • Below Grade SqFt Total: 840.0000
  • Sqft Total: 2520.00
Property and Assessments
  • Age Of Property: 64
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: None
  • Fencing: Wood
  • Foundation Area: 840.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Asphalt
Interior Features
  • Basement Type: Partially Finished
  • FireplaceYN: No
  • DP Resource: Y
  • Garage Square Feet: 528
  • Heating: Forced Air
  • Levels: Two
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Dishwasher, Dryer, Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Description: Upper Level Full Bath
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 52.00
  • Unit Rooms Total: 6
  • Unit SqFt: 1092
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Units Total: 1
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Level: Basement
  • Dining Room Level: Main (Ground)
  • Family Room Features: Family Room
  • Kitchen Room Level: Main (Ground)
  • Living Room Level: Main (Ground)
  • Unit Type Total Rent: 16800
Unit 2
  • Unit Appl: Dryer, Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 52.00
  • Unit Rooms Total: 5
  • Unit SqFt: 840
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Level: Upper
  • Dining Room Level: Upper
  • Kitchen Room Level: Upper
  • Living Room Level: Upper
  • Unit Type Total Rent: 12000

Property History for 1862 16 1/2 Street Northwest

DateEvent & SourcePriceAppreciation
Aug 1, 2022

Sold (Public Record)

Public Record #1499150927

$315,000

+12.4% / yr

Aug 1, 2022

Sold

NorthStar #6190858

$315,000
Jul 8, 2022

Pending

NorthStar #6190858

DateEvent & SourcePrice
08/01/2022

Sold (Public Record)

Public Record #1499150927

$315,000

+12.4% / yr

08/01/2022

Sold

NorthStar #6190858

$315,000
07/08/2022

Pending

NorthStar #6190858

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1862 16 1/2 Street Northwest

Taxable ValueLand$36,800Additions$215,400Total$252,200
Tax Record2025$3,542 ($295 / month)
Home Facts
Baths3Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,680 SqFtFinished Basement SqFt252 SqFtStories2Lot Size6,055 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated2000CountyOLMSTEDAPN74.27.34.022308

Schools near 1862 16 1/2 Street Northwest

This home is within Rochester Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sunset Terrace Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Washington Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Results

Based on information submitted to the MLS GRID as of 08/02/2023 12:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.