NOT LISTED FOR SALE

2450 Salem Heights Ln SW Rochester, MN 55902

Estimated Value: $683,000 - $854,703

4 Beds
5 Baths
4,460 Sq Ft
$173/Sq Ft Est. Value

About This Home

This home is located at 2450 Salem Heights Ln SW, Rochester, MN 55902 and is currently estimated at $772,426, approximately $173 per square foot. 2450 Salem Heights Ln 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 6, 2010
Sold by
Rallis David J and Rallis Kathleen R
Bought by
Rivera Michael and Jiang Manli
Current Estimated Value
$772,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$2,534
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$769,893
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
Rivera Michael $480,000 Rochester Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Michael $340,000
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 $12,056 $799,100 $100,000 $699,100
2023 $10,572 $779,500 $100,000 $679,500
2022 $9,276 $684,100 $100,000 $584,100
2021 $9,160 $631,600 $100,000 $531,600
2020 $8,772 $636,000 $100,000 $536,000
2019 $8,460 $610,700 $100,000 $510,700
2018 $8,098 $591,900 $100,000 $491,900
2017 $8,000 $557,700 $100,000 $457,700
2016 $7,266 $540,100 $100,000 $440,100
2015 $6,704 $487,000 $100,000 $387,000
2014 -- $477,300 $100,000 $377,300
2012 -- $479,900 $100,000 $379,900
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2450 Salem Heights Ln SW, Rochester, MN

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