Taxes
- Assessed Value: $8,699,500
- Assessed Year: 2025
- Assessed County: Olmsted
- APN: 74.09.42.060451
- Assessed Land Value: 1218500
- Market Land Value: 1218500
- Tax Amount: 266268
- Tax Year: 2026
- Market Value: 8699500
- Market Year: 2025
2870 59th St; Rochester, MN Property Details
Off market
2870 59th St NW Rochester, MN 55901
$8,699,500 Estimated Value
77,629 SqFt
Property Type
HotelProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 2009
- Purchase Price: $7,985,000
- Open Loans / Balance: 1 / $8,040,270
- APN: 74.09.42.060451
- Situs County: Olmsted
- Length Of Ownership: 5 months
Structure
- Exterior Wall Type: Siding (Alum/Vinyl)
- Building Quality: C+
- Roof Type: Flat
- Roof Cover Type: Composition Shingle
Measurements
- Total: 77,629/SqFt
- Lot: 101,538/SqFt
- Gross: 77,629/SqFt
- Living: 77,629/SqFt
- Building: 77,629/SqFt
- Ground: 22,378/SqFt
- Price Per Square Foot: $102.86
Legal Description
- Description: SECT-09 TWP-107 RANGE-014 CROWN SUB LOT-002 BLOCK-001 2.41 AC LOT 2 BLK 1
Building Insights
Land Information
- Property Type: Hotel
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Rochester Public School District
- Lat / Lon: 44.08392 / -92.50823
- Subdivision: Crown Sub
- Property Class: Commercial
Amenities
- Plus Four: 3758
- Cooling: Refrigeration
- Heating: None
Ownership Info
2870 59th St NW has no associated ownership info
2870 59th St NW has no associated ownership info.
Taxes
2870 59th St NW has 10 associated Taxes items
2870 59th St, 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 $8,699,500. The APN we've located for 2870 59th St is 74.09.42.060451.
Unlock the full reportTax History
2870 59th St NW has 14 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2026 | Assessed Value | Land Value | Improvement Value | Tax Amount $266,268 | Change Rate | Assessed CR | Tax Rate |
| Year 2025 | Assessed Value $8,699,500 | Land Value $1,218,500 | Improvement Value $7,481,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $7,298,300 | Land Value $1,218,500 | Improvement Value $6,079,800 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $7,008,800 | Land Value $1,218,500 | Improvement Value $5,790,300 | Tax Amount $199,668 | Change Rate -0.082518% | Assessed CR | Tax Rate +0.028488% |
| Year 2022 | Assessed Value $6,675,000 | Land Value $685,400 | Improvement Value $5,989,600 | Tax Amount $217,626 | Change Rate -0.247776% | Assessed CR | Tax Rate +0.032603% |
| Year 2021 | Assessed Value $6,675,000 | Land Value $685,400 | Improvement Value $5,989,600 | Tax Amount $289,310 | Change Rate +0.282926% | Assessed CR | Tax Rate +0.043342% |
| Year 2020 | Assessed Value $8,900,000 | Land Value $913,900 | Improvement Value $7,986,100 | Tax Amount $225,508 | Change Rate +0.009617% | Assessed CR | Tax Rate +0.025338% |
| Year 2019 | Assessed Value $6,664,300 | Land Value $913,900 | Improvement Value $5,750,400 | Tax Amount $223,360 | Change Rate +0.038381% | Assessed CR | Tax Rate +0.033516% |
| Year 2018 | Assessed Value $6,459,200 | Land Value $913,900 | Improvement Value $5,545,300 | Tax Amount $215,104 | Change Rate -0.010525% | Assessed CR | Tax Rate +0.033302% |
| Year 2017 | Assessed Value $6,084,800 | Land Value $913,900 | Improvement Value $5,170,900 | Tax Amount $217,392 | Change Rate -0.024203% | Assessed CR | Tax Rate +0.035727% |
| Year 2016 | Assessed Value $6,084,800 | Land Value $913,900 | Improvement Value $5,170,900 | Tax Amount $222,784 | Change Rate +0.016926% | Assessed CR | Tax Rate +0.036613% |
| Year 2015 | Assessed Value $5,977,900 | Land Value $913,900 | Improvement Value $5,064,000 | Tax Amount $219,076 | Change Rate -0.004363% | Assessed CR | Tax Rate +0.036648% |
| Year 2014 | Assessed Value $5,977,900 | Land Value $913,900 | Improvement Value $5,064,000 | Tax Amount $220,036 | Change Rate | Assessed CR | Tax Rate +0.036808% |
| Year 2012 | Assessed Value $5,977,900 | Land Value $913,900 | Improvement Value $5,064,000 | Tax Amount | Change Rate | Assessed CR | Tax Rate |