Last Sold Price
4 beds4,055 sqft$103/sqft
2501 Institute Rd SW, Rochester, MN 55902

Description

LISTING CLOSED: 10/10/2016 12:00 AM

Property Details for 2501 Institute Road Southwest

Status
MLS #
5050992
Days on Compass
115
Taxes
$5,518 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1956
Lot Size
3.64 AC / 158,558 SF
Subdivision Name
Institute Hills
Waterfront YN
No

Recent comparable sales

Median sold price

$609,000

Avg days on market

41

Sale-to-list ratio

97.1%

[Rochester, MN]

9 comparable properties found

$430,000 | 2511 Mayowood Lane Southwest, Rochester, MN 55902
1/39
1

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Sold 08/04/25

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Square Feet
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Acres
$530,000 | 2260 Ponderosa Drive Southwest, Rochester, MN 55902
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$489,900 | 3823 Halling Place Southwest, Rochester, MN 55902
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$890,000 | 3344 Wright Road Southwest, Rochester, MN 55902
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4
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Square Feet
2.78
Acres
$1,340,091 | 1739 Mayowood Court Southwest, Rochester, MN 55902
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4
Bedrooms
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Square Feet
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Acres
$895,000 | 2162 Whitlee Lane Southwest, Rochester, MN 55902
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Sold 08/14/25

4
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3,764
Square Feet
0.3
Acres
$609,000 | 2944 Mayowood Common Circle Southwest, Rochester, MN 55902
7

$609,000

Sold 10/17/25

4
Bedrooms
3,489
Square Feet
0.28
Acres
$510,000 | 1900 11th Street Southwest, Rochester, MN 55902
8

$510,000

Sold 08/04/25

4
Bedrooms
3,416
Square Feet
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Acres
$750,000 | 1502 Greystone Lane Southwest, Rochester, MN 55902
1/73
9

$750,000

Sold 09/05/24

4
Bedrooms
4,016
Square Feet
0.95
Acres

Location

Add your commute

Building Information for 2501 Institute Road Southwest

Stories-Year Built1956Building Size-Lot Size3.64 AC / 158,558 SF

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$2,590 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,130

Property Taxes

$460

HOA Dues

$0

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Property Information for 2501 Institute Road Southwest

Summary
Location and General Information
  • City Name: Rochester
  • County Or Parish: Olmsted
  • County: Olmsted-MN
  • Directions: Bamber Valley Rd SW. Turn left onto Institute Rd SW. Home will be on the left.
  • Latitude: 43.987227461
  • Longitude: -92.5008291988
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Rochester
  • City and Location Text: Rochester(MN)
  • Postal Code: 55902
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association: No
  • Parcel Number: 641614062691
  • Tax Annual Amount: $5,518.00
  • Tax Legal Description: SECT-16 TWP-106 RANGE-014 INSTITUTE HILLS 1ST SUB ANX LOT-006 LOT 6
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2016
  • Tax With Assessments: 5518.00
School Information
  • Elementary School: Bamber Valley
  • High School: Mayo
  • High School District: 535 - Rochester
  • Middle Or Junior School: Willow Creek
  • School District Number: 535
  • School District Phone: 507-328-3000
Property
Lot Information
  • Above Grade Fin SQFT: 3133.0
  • Below Grade Fin SQFT: 922.0
  • SQFT Total: 4055.0
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Lot Size Area: 3.64
  • Lot Size Dimensions: Irregular
  • Lot Size Square Feet: 158558.4
  • Lot Size Units: Acres
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Fuel: Natural Gas
  • Pool Features: Below Ground, Heated
  • Road Frontage Type: City Street
  • Roof: Asphalt
Interior Features
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Basement Type: Block, Daylight/Lookout Windows, Finished, Partial, Sump Pump
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Patio,Sauna,Skylight,Tiled Floors,Vaulted Ceiling(s),Washer/Dryer Hookup
  • Bath Desc: 3/4 Basement,Full Master,Private Master,Main Floor 3/4 Bath,Main Floor Full Bath,Jetted Tub
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 4
  • Bedrooms Total: 4
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Fireplaces Total: 2
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Other,Separate/Formal Dining Room
  • Garage Square Feet: 528
  • Heating: Forced Air
  • Levels: One
  • Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6

Property History for 2501 Institute Road Southwest

DateEvent & SourcePriceAppreciation
Oct 10, 2016

Sold

NorthStar #5050992

$419,000
Sep 2, 2016

Sold (Public Record)

Public Record #1171522778

$419,000
Aug 25, 2016

Pending

NorthStar #5050992

DateEvent & SourcePrice
10/10/2016

Sold

NorthStar #5050992

$419,000
09/02/2016

Sold (Public Record)

Public Record #1171522778

$419,000
08/25/2016

Pending

NorthStar #5050992

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

Public Records for 2501 Institute Road Southwest

Taxable ValueLand$175,000Additions$496,200Total$671,200
Tax Record2025$9,765 ($814 / month)
Home Facts
Beds4Baths4Total Finished SqFt4,055 SqFtAbove Grade Finished SqFt3,133 SqFtFinished Basement SqFt922 SqFtStories1Lot Size158,733 SqFtStyleSingle Family ResidenceYear Built1956Year Renovated1990CountyOLMSTEDAPN64.16.14.062691

Schools near 2501 Institute Road Southwest

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 - 9 to 12
Rating
School
Distance
Bamber Valley Elementary School
PublicPK to 5

John Adams Middle School
Public6 to 8

Mayo Senior High School
Public9 to 12

Alc Summer Credit Recovery
Public9 to 12

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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Nearby home values

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 - Rochester

Based on information submitted to the MLS GRID as of 03/07/2021 01:47 PM. 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.