240 Salem Point Dr SW Rochester, MN 55902
Estimated Value: $454,000 - $605,000
3
Beds
2
Baths
2,401
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 240 Salem Point Dr SW, Rochester, MN 55902 and is currently estimated at $553,666, approximately $230 per square foot. 240 Salem Point 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
Oct 10, 2006
Sold by
Petersen Dale C and Pedersen Mary E
Bought by
Pedersen Dale C and Pedersen Mary E
Current Estimated Value
Purchase Details
Closed on
Apr 27, 2006
Sold by
Ladner Gwendolyn C and Ladner Revocable T Gwendolyn C
Bought by
Pedersen Dale C and Pedersen Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.62%
Mortgage Type
New Conventional
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pedersen Dale C | -- | Edina Title Rochester | |
| Pedersen Dale C | $355,600 | Edina Title Rochester |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pedersen Dale C | $105,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,710 | $480,300 | $145,000 | $335,300 |
| 2023 | $6,020 | $478,000 | $145,000 | $333,000 |
| 2022 | $5,896 | $453,500 | $145,000 | $308,500 |
| 2021 | $5,758 | $428,600 | $145,000 | $283,600 |
| 2020 | $5,698 | $418,000 | $145,000 | $273,000 |
| 2019 | $5,542 | $398,000 | $125,000 | $273,000 |
| 2018 | $2,101 | $389,700 | $125,000 | $264,700 |
| 2017 | $4,202 | $370,100 | $110,000 | $260,100 |
| 2016 | $3,926 | $286,400 | $41,400 | $245,000 |
| 2015 | $1,843 | $261,300 | $40,900 | $220,400 |
| 2014 | $1,796 | $261,300 | $40,900 | $220,400 |
| 2012 | -- | $275,000 | $41,178 | $233,822 |
Source: Public Records
Map
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