20 days on rocket

Sale Pending

714 Broadway Ave N, Rochester, MN, 55906

$349,900

Home List Price

$4,155*

Closing Credit

0 Baths
1,920 SqFt
$182/SqFt
Multi
Schools Nearby

Location

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714 Broadway Ave N, Rochester$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn-Street Parking Only
Year Built1900
HeatingSteam, Hot Water
BasementYes
MLS #6531607
StatusSale Pending
(Pending)

About 714 Broadway Ave N

Updated duplex with a 3 bed 1 bath unit and 2 bed 1 bath unit. Kitchens, bathrooms, flooring, paint and fixtures have all been updated! This unit has been a cash cow as a nightly rental property and has bookings in place currently which the new buyer can take advantage of. Walking distance to Mayo Clinic, restaurants, & convenient stores. Silver Lake walking paths and green spaces a few blocks away. Walking distance to May field where the Northwoods League; Rochester Honkers baseball team plays. Perfect opportunity for the next investor to cash flow right away.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,920 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On-Street Parking Only

Utilities

Utilities Information:

  • Heating: Steam, Hot Water

School Info

Assigned Schools Information:

  • Century Senior High School, Public District Grades 8-12

Other

Directions Information:

  • Directions: At the intersection of Broadway Ave N and 7th St NE

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $182/SqFt

Tax Information:

  • Annual Amount: $2,740
  • 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

$315.2K

Med. Price/SqFt

$167

Avg. Days On Market

30

# of Sold Homes

147

714 Broadway Ave N vs Rochester

20 DAYS ON ROCKET

-10 Days

$349,900

+$34.6K More

$182/SqFt

+$15 More

KEY TAKEAWAY

This property is $34.6K more than the Median Sold Price and $15/SqFt more than other homes in Rochester, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6531607

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 5/29/2024, 3:22:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 28, 2018Home Sold
$185,000
Apr 14, 2006Home Sold
$137,000
Apr 14, 2006Home Sold
$132,178

Tax History

YEARPROP. TAXASSESSMENT
2020$2,740$164,000
2019$4,290$164,000
2017$2,840$164,000

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-4588260
7
/10

  • Century Senior High School

  • 2525 Viola Rd NE

  • 2.28 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 $29,891. Residents of Rochester, MN typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Olmsted County›Rochester›55906›714 Broadway Ave N

This home is located at 714 Broadway Ave N in Rochester, MN and zip code 55906 in the Northrop neighborhood. This 1,920 square foot home was built in 1900. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $349,900.

Rochester, MN housing market in April 2024 saw over 55 listings sold above listed price, more than 43 sold at listed price and over 49 sold below. The number of listings in Rochester, MN increased by 22.5% between March 2024 and April 2024. In April 2024 median list price was $315,213 and the average listing age was 30 days.

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

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