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245 Penny Ln; Rochester, MN Property Details

245 Penny Ln, Rochester, MN is a Financial Bldg that was built in 2016. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 245 Penny Ln has a total of 6,804 square feet. The lot size of 245 Penny Ln is 87,773 square feet.

Off market
245 Penny Ln NE Rochester, MN 55906
$1,939,100 Estimated Value
6,804 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2016
  • Purchase Price: $1,089,000
  • Open Loans / Balance: 1 / $1,232,441
  • APN: 74.23.14.082343
  • Situs County: Olmsted
  • Length Of Ownership: 10 years, 8 months

Structure

  • Exterior Wall Type: Metal
  • Roof Type: Flat
  • Roof Cover Type: Built-up

Measurements

  • Total: 6,804/SqFt
  • Lot: 87,773/SqFt
  • Gross: 6,804/SqFt
  • Building: 6,804/SqFt
  • Price Per Square Foot: $160.05

Legal Description

  • Description: SECT-23 TWP-107 RANGE-014 ALLEN 2ND SUBDIVISION LOT-004 BLOCK-002
Building Insights

Land Information

  • Property Type: Financial Bldg
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.06009 / -92.4599
  • Subdivision: Allen 2nd Subdivision
  • Property Class: Office

Amenities

  • Cooling: Refrigeration
  • Heating: Central

Ownership Info

245 Penny Ln NE has no associated ownership info
245 Penny Ln NE has no associated ownership info.

Taxes

245 Penny Ln NE has 10 associated Taxes items

245 Penny Ln, Rochester, MN pays taxes in Olmsted County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,939,100. The APN we've located for 245 Penny Ln is 74.23.14.082343.

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Taxes
  • Assessed Value:  $1,939,100
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  74.23.14.082343
  • Assessed Land Value:  877500
  • Market Land Value:  877500
  • Tax Amount:  58032
  • Tax Year:  2026
  • Market Value:  1939100
  • Market Year:  2025

Tax History

245 Penny Ln NE has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $58,032 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $1,939,100 Land Value $877,500 Improvement Value $1,061,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $1,939,100 Land Value $877,500 Improvement Value $1,061,600 Tax Amount $58,656 Change Rate +0.065272% Assessed CR Tax Rate +0.030249%
Year 2023 Assessed Value $1,939,100 Land Value $877,500 Improvement Value $1,061,600 Tax Amount $55,062 Change Rate -0.093809% Assessed CR Tax Rate +0.028396%
Year 2022 Assessed Value $1,939,100 Land Value $877,500 Improvement Value $1,061,600 Tax Amount $60,762 Change Rate +0.004829% Assessed CR Tax Rate +0.031335%
Year 2021 Assessed Value $1,901,100 Land Value $877,500 Improvement Value $1,023,600 Tax Amount $60,470 Change Rate -0.055776% Assessed CR Tax Rate +0.031808%
Year 2020 Assessed Value $1,901,100 Land Value $877,500 Improvement Value $1,023,600 Tax Amount $64,042 Change Rate -0.00596% Assessed CR Tax Rate +0.033687%
Year 2019 Assessed Value $1,901,100 Land Value $877,500 Improvement Value $1,023,600 Tax Amount $64,426 Change Rate +0.366869% Assessed CR Tax Rate +0.033889%
Year 2018 Assessed Value $1,901,100 Land Value $877,500 Improvement Value $1,023,600 Tax Amount $47,134 Change Rate +0.556914% Assessed CR Tax Rate +0.024793%
Year 2017 Assessed Value $1,867,300 Land Value $877,500 Improvement Value $989,800 Tax Amount $30,274 Change Rate +11.032591% Assessed CR Tax Rate +0.016213%
Year 2016 Assessed Value $877,500 Land Value $877,500 Improvement Value Tax Amount $2,516 Change Rate Assessed CR Tax Rate +0.002867%
Year 2015 Assessed Value $87,800 Land Value $87,800 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate