NOT LISTED FOR SALE

180 Salem Point Dr SW Rochester, MN 55902

Estimated Value: $524,000 - $770,000

4 Beds
3 Baths
2,401 Sq Ft
$159/mo HOA Fee

Last Sold April 30, 2015

Last sale price $432,500 $180 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,837/month

26 Days on Market

Highlights

  • Lake Front
  • Docks
  • Wood Flooring
  • Mayo Senior High School Rated A-
  • Deck
  • Outdoor Water Feature

About This Home

As of April 2015

This absolutely gorgeous 4 bedroom 3 bath townhome is located on the shore of Bamber Lake. Main floor master bedroom suite and main floor laundry. You will love the open floor plan with spectacular views of the Lake. Other amenities include newer roof, furnace, water heater, cabinets and countertops. Heated floor and towel rack in master bath. Hardwood floors and ceramic floors. (See Supplement)

Last Agent to Sell the Property

Bill Clink

RE/MAX Results - Rochester Listed on: 03/13/2015

Last Buyer's Agent

Jason Carey

RE/MAX Results - Rochester

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $159 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Outdoor Water Feature

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Community Details

  • Association fees include management, snow removal, lawn care
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 640913020728

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,818

Year Built

Built in 1989

Lot Details

0

HOA Fees

$159 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Broadband Available, Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Concrete, Inground Sprinkler System, Patio, Water Feature
  • Beach Type: Gravel
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 640913020728
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 3818
  • Comp Dev Subdiv Name: Salem Point
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 2: Bedroom, 11x12, On Level: Second Floor
  • Room 3: Bedroom, 11x8, On Level: Second Floor
  • Room 5: Dining Room, 13x13, On Level: Main
  • Room 6: Family Room, 12x11, On Level: Main
  • Room 7: On Level: Main
  • Room 9: Kitchen, 12x13, On Level: Main
  • Room 10: Loft, 11x11, On Level: Second Floor
  • Room 11: On Level: Main
  • Room 12: Living Room, 18x13, On Level: Main
  • Room 13: Master Bedroom, 12x12, On Level: Main
  • Finished Above Grade Sq Ft: 2401
  • Total Fin Square Footage: 2401
  • Total Square Footage: 2401

Exterior Features

  • Frontage Road: Paved, Private
  • Lake Class: Gen Development
  • Construction Type: Frame/Wood
  • Exterior: Brick, Cement Board
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Management, Snow Removal, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 158.94

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2015
  • Tax Value: 3818

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Apr 30, 2015
Sold by
Morrison Donald Donald
Bought by
Ryan James James
Seller's Agent
Bill Clink
RE/MAX Results - Rochester
Buyer's Agent
Jason Carey
RE/MAX Results - Rochester
List Price
$474,900
Sold Price
$432,500
Premium/Discount to List
-$42,400
-8.93%
Current Estimated Value
$625,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,443
Avg. Annual Appreciation
3.58%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ryan James James $432,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2015 04/30/15 Sold $432,500 -8.9% $180 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $474,900 -- $198 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,734 $486,200 $145,000 $341,200
2023 $6,094 $483,900 $145,000 $338,900
2022 $5,884 $455,100 $145,000 $310,100
2021 $5,748 $427,800 $145,000 $282,800
2020 $5,688 $417,300 $145,000 $272,300
2019 $5,450 $397,300 $125,000 $272,300
2018 $4,618 $383,700 $125,000 $258,700
2017 $4,066 $363,400 $110,000 $253,400
2016 $3,852 $277,000 $41,200 $235,800
2015 $3,818 $256,300 $40,800 $215,500
2014 $3,818 $271,900 $42,900 $229,000
2012 -- $291,300 $42,900 $248,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4727607

REALTOR® Association of Southern Minnesota

APN: 64.09.13.020728