NOT LISTED FOR SALE

2237 Salem Heights Dr SW Rochester, MN 55902

Estimated Value: $670,000 - $841,724

3 Beds
4 Baths
2,370 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 2237 Salem Heights Dr SW, Rochester, MN 55902 and is currently estimated at $734,181, approximately $309 per square foot. 2237 Salem Heights Dr SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2006
Sold by
Majestic Homes Inc
Bought by
Groves Cory and Groves Kristin
Current Estimated Value
$734,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Outstanding Balance
$309,423
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$424,758

Purchase Details

Closed on
Oct 28, 2005
Sold by
Rjy Development Corporation
Bought by
Majestic Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Groves Cory $540,563 None Available
Majestic Homes Inc $160,000 Rochester Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groves Cory $513,000
Source: Public Records

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 $11,020 $737,400 $200,000 $537,400
2023 $9,550 $712,600 $200,000 $512,600
2022 $8,904 $646,000 $200,000 $446,000
2021 $8,770 $621,200 $200,000 $421,200
2020 $8,296 $612,700 $200,000 $412,700
2019 $8,032 $564,000 $160,000 $404,000
2018 $7,667 $551,300 $160,000 $391,300
2017 $7,558 $533,700 $160,000 $373,700
2016 $8,100 $515,000 $160,000 $355,000
2015 $7,440 $535,400 $160,000 $375,400
2014 $7,364 $524,300 $160,000 $364,300
2012 -- $526,400 $160,000 $366,400
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2237 Salem Heights Dr SW, Rochester, MN

This home is located at 2237 Salem Heights Dr SW, Rochester, MN 55902 and is currently estimated at $734,181, approximately $309 per square foot. 2237 Salem Heights Dr SW is a home located in Olmsted County with nearby schools including Bamber Valley Elementary School, John Adams Middle School, and Mayo Senior High School.

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