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    Property profile & analytics

    15 3rd SE St Chatfield, MN 55923-1363

    • Office buildings
    • 3,256 SF
    OFF-MARKET
    Value Estimation
    $365,000
    Last Sale
    Nov 13, 2024
    Location Intelligence
    Property ID
    US46-2825041
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 15 3rd SE St

    Year built
    1925
    Property size
    3,256 SF
    Property type
    Office buildings
    APN
    26.0156.000
    APU
    260156000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chatfield
    County
    Fillmore
    State
    Minnesota
    Longitude
    -92.1875
    Latitude
    43.8454
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $2,312
    $19,600
    $125,400
    $145,000
    -
    $19,600
    $125,400
    $145,000

    Comparable in this City

    • Value Estimation
      $210,000
      2,535 SF

      22 2nd SE St

      OFFICE BUILDING • 2,535 SF
      22 2nd SE St, Chatfield, MN 55923-1203
      View Details
    • Value Estimation
      $310,000
      3,024 SF

      118 Main N St

      OFFICE BUILDING • 3,024 SF
      118 Main N St, Chatfield, MN 55923-1158
      View Details
    • Value Estimation by Request
      4,516 SF

      88 Library SW Ln

      OFFICE BUILDING • 4,516 SF
      88 Library SW Ln, Chatfield, MN 55923
      View Details
    • Value Estimation
      $100,000
      1,134 SF

      22 2nd SW St

      OFFICE BUILDING • 1,134 SF
      22 2nd SW St, Chatfield, MN 55923
      View Details
    • Value Estimation
      $40,000
      900 SF

      210 Main S St

      OFFICE BUILDING • 900 SF
      210 Main S St, Chatfield, MN 55923-1225
      View Details
    • Value Estimation
      $290,000
      4,840 SF

      115 Main S St

      OFFICE BUILDING • 4,840 SF
      115 Main S St, Chatfield, MN 55923-1253
      View Details

    Similar Nearby for Sale

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      View Details
    • $56,500

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      City-owned commercial lots for development in Chatfield Twp, MN.
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      Commercial Lots Ready For Development

      City-owned commercial lots zoned B-3, ideal for various business uses.
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    • $44,576
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      Commercial Lots Ready for Development

      City-owned commercial lots zoned B-3, ready for development.
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    • $129,900
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      Chatfield Buildable Lot Near Downtown

      2.04-acre buildable lot near downtown Chatfield, Minnesota.
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      Commercial Lots Ready For Development

      City-owned commercial lots for development in Chatfield, Minnesota.
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    15 3rd SE St
    Chatfield, MN 55923-1363
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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