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514 7th Street NW, Rochester, MN 55901

$305,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,000 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $305,000 List Date: 5/21/2026 Last Modified: 7/03/2026

Overview

Description

Prime location for this like-new home that's been fully rebuilt from top to bottom! Full replacement of plumbing, electrical, ductwork, sheetrock, insulation, roof, siding, flooring and a newly finished basement. The furnace/AC/water heater are brand new and the galley kitchen sparkles with SS appliances, slow-close cabinets and quartz tops. The home features two main floor bedrooms, a primary upstairs with en suite bath and a studio-style basement with a full bath, kitchenette and egress window. The enclosed front porch off the living room could also serve as a home office. The backyard is fully fenced with a large patio through the back door. New sod is scheduled to be installed soon to spruce up the post-renovation yard. Enjoy the peace of mind offered at this fully renovated home with easy strolls to downtown, local parks, restaurants and entertainment with quick access to both Broadway and Hwy 52. Showings start Thursday!

Listing Details MLS# 7075694

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront YN: No
Year Built: 1945
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Half: Yes
Main Floor Total SqFt: 888
Above Grd Total SqFt: 1200
Below Grd Total SqFt: 800
Total SqFt: 2000
Total Finished Sqft: 1614.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 800
Lot Dimensions: 51x157
Acres: 0.17
Assessment Pending: No
Number of Fireplaces: 0
Bath Three Quarters: 0
Bath Quarter: 0
Garage Stalls: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows Construction Status: Previously Owned Exterior: Fiber Board Fencing: Chain Link; Full; Privacy; Vinyl Financing Terms: Conventional Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Supra Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One and One Half Water: City Water/Connected

Contract Information

Off Market Date: 2026-06-10
Contingency: None
Closed Date: 2026-07-02
Original List Price: 310000
Sales Close Price: 305000
ListPrice: 310000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 514
Street Name: 7th
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Rochester
County: Olmsted
State: MN
Zip Code: 55901
Complex/Dev/Subdivision: Auditors B

Assessments

Tax With Assessments: 1218
Assessment Balance: 0

Basement

Foundation Dimensions: 22x32
Concrete Block: Yes
Egress Windows: Yes

More Information

Building Information

Finished SqFt Above Ground: 1200
Finished SqFt Below Ground: 414

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SEMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 14
Section#: 35
Township#: 107

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
High School: John Marshall
Legal Description: SECT-35 TWP-107 RANGE-014 AUDITOR'S PLAT B LOT-020 LOT 20
Listing City: Rochester
Map Page: 999
Municipality: Rochester
School District: Rochester
School District Phone: 507-328-3000
Zip Plus 4: 1902
Property ID Number: 743524001352
Tax Year: 2025
Tax Amount: 1218
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Prime location for this like-new home that's been fully rebuilt from top to bottom! Full replacement of plumbing, electrical, ductwork, sheetrock, insulation, roof, siding, flooring and a newly finished basement. The furnace/AC/water heater are brand new and the galley kitchen sparkles with SS appliances, slow-close cabinets and quartz tops. The home features two main floor bedrooms, a primary upstairs with en suite bath and a studio-style basement with a full bath, kitchenette and egress window. The enclosed front porch off the living room could also serve as a home office. The backyard is fully fenced with a large patio through the back door. New sod is scheduled to be installed soon to spruce up the post-renovation yard. Enjoy the peace of mind offered at this fully renovated home with easy strolls to downtown, local parks, restaurants and entertainment with quick access to both Broadway and Hwy 52. Showings start Thursday!
Directions: From Broadway, turn left on 7th St.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Fiber Board: Yes

Fencing

Chain Link: Yes
Full: Yes
Privacy: Yes
Vinyl: Yes

Financing Terms

Conventional: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Patio, Porch and Deck Features

Enclosed: Yes
Front Porch: Yes
Patio: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

Listing Office: Dwell Realty Group LLC

Last Updated: July - 03 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.