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2502 Georgetowne Dr; Rochester, MN Property Details

2502 Georgetowne Dr, Rochester, MN is a Apt House 5+ Units that was built in 2000. This property is currently a cash purchase and is not for sale. Our records show that 2502 Georgetowne Dr has a total of 10,584 square feet. The lot size of 2502 Georgetowne Dr is 714,820 square feet.

Off market
2502 Georgetowne Dr NW Rochester, MN 55901
$12,704,600 Estimated Value
10,584 SqFt
Property Type
Apt House 5+ Units
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2000
  • Purchase Price: $20,300,000
  • APN: 74.16.11.060284
  • Situs County: Olmsted
  • Length Of Ownership: 2 years, 1 months

Structure

  • Exterior Wall Type: Wood
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 10,584/SqFt
  • Lot: 714,820/SqFt
  • Gross: 10,584/SqFt
  • Garage: 31,574/SqFt
  • Living: 10,584/SqFt
  • Building: 10,584/SqFt
  • Ground: 5,152/SqFt
  • Garage Unfinished: 31,574/SqFt
  • Price Per Square Foot: $1917.99

Legal Description

  • Description: SECT-16 TWP-107 RANGE-014 GEORGETOWNE HOMES LOT-002 BLOCK-001 16.41 AC LOT 2 BLK 1
Building Insights

Land Information

  • Property Type: Apt House 5+ Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.07832 / -92.50115
  • Subdivision: Georgetowne Homes
  • Property Class: Residential

Amenities

  • Plus Four: 6879
  • Cooling: Central
  • Garage: Mixed
  • Heating: Forced air unit
  • Parking: 99

Ownership Info

2502 Georgetowne Dr NW has no associated ownership info
2502 Georgetowne Dr NW has no associated ownership info.

Taxes

2502 Georgetowne Dr NW has 10 associated Taxes items

2502 Georgetowne Dr, 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 $12,704,600. The APN we've located for 2502 Georgetowne Dr is 74.16.11.060284.

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Taxes
  • Assessed Value:  $12,704,600
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  74.16.11.060284
  • Assessed Land Value:  1400000
  • Market Land Value:  1400000
  • Tax Amount:  124406
  • Tax Year:  2026
  • Market Value:  12704600
  • Market Year:  2025

Tax History

2502 Georgetowne Dr NW has 14 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $124,406 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $12,704,600 Land Value $1,400,000 Improvement Value $11,304,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $6,606,400 Land Value $728,000 Improvement Value $5,878,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $4,627,000 Land Value Improvement Value $4,627,000 Tax Amount $144,236 Change Rate +0.160218% Assessed CR Tax Rate +0.031173%
Year 2022 Assessed Value $5,200,000 Land Value $573,000 Improvement Value $4,627,000 Tax Amount $124,318 Change Rate Assessed CR Tax Rate +0.023907%
Year 2021 Assessed Value $4,828,200 Land Value $728,000 Improvement Value $4,100,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $4,585,700 Land Value $1,115,100 Improvement Value $3,470,600 Tax Amount $118,092 Change Rate +1.441027% Assessed CR Tax Rate +0.025752%
Year 2019 Assessed Value $4,585,700 Land Value $1,115,100 Improvement Value $3,470,600 Tax Amount $48,378 Change Rate Assessed CR Tax Rate +0.01055%
Year 2018 Assessed Value $3,623,800 Land Value $1,115,100 Improvement Value $2,508,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $6,482,100 Land Value $2,144,500 Improvement Value $4,337,600 Tax Amount $46,874 Change Rate +0.000427% Assessed CR Tax Rate +0.007231%
Year 2016 Assessed Value $6,482,100 Land Value $2,144,500 Improvement Value $4,337,600 Tax Amount $46,854 Change Rate +0.14412% Assessed CR Tax Rate +0.007228%
Year 2015 Assessed Value $6,335,600 Land Value $2,144,500 Improvement Value $4,191,100 Tax Amount $40,952 Change Rate -0.493682% Assessed CR Tax Rate +0.006464%
Year 2014 Assessed Value $5,962,800 Land Value $2,144,400 Improvement Value $3,818,400 Tax Amount $80,882 Change Rate Assessed CR Tax Rate +0.013564%
Year 2012 Assessed Value $5,962,800 Land Value $2,144,400 Improvement Value $3,818,400 Tax Amount Change Rate Assessed CR Tax Rate
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