NOT LISTED FOR SALE

2492 Salem Heights Ln SW Rochester, MN 55902

Estimated Value: $1,128,000 - $1,338,000

6 Beds
6 Baths
4,244 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 2492 Salem Heights Ln SW, Rochester, MN 55902 and is currently estimated at $1,192,897, approximately $281 per square foot. 2492 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
Sep 13, 2019
Sold by
Gustafson Patricia J
Bought by
Baffour Francis and Baffour Funmilayo
Current Estimated Value
$1,181,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2012
Sold by
Gustafson Ray O and Gustafson Patricia J
Bought by
Gustafson Patricia J and Gustafson Ray O

Purchase Details

Closed on
Aug 12, 2009
Sold by
Gustafson Ray O and Gustafson Patricia
Bought by
Gustafson Ray O and Gustafson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 5, 2008
Sold by
Rjy Development Corporation
Bought by
Gustafson Ray O and Yanish Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,112
Interest Rate
6.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Baffour Francis $770,000 Rochester Title
Gustafson Patricia J -- None Available
Gustafson Ray O -- Rochester Title
Gustafson Ray O $160,900 Rochester Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baffour Francis I $752,800
Closed Baffour Francis $770,000
Previous Owner Gustafson Patricia J $35,000
Previous Owner Gustafson Ray O $556,000
Previous Owner Gustafson Ray O $556,000
Previous Owner Gustafson Ray O $405,200
Previous Owner Gustafson Ray O $150,000
Previous Owner Gustafson Ray O $711,112
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 $14,610 $1,087,800 $125,000 $962,800
2023 $14,610 $1,043,400 $125,000 $918,400
2022 $12,360 $935,400 $125,000 $810,400
2021 $12,324 $827,900 $125,000 $702,900
2020 $13,396 $825,400 $125,000 $700,400
2019 $12,908 $856,500 $125,000 $731,500
2018 $12,202 $832,900 $125,000 $707,900
2017 $12,012 $798,700 $125,000 $673,700
2016 $11,524 $767,700 $125,000 $642,700
2015 $10,576 $724,400 $125,000 $599,400
2014 $10,496 $706,600 $125,000 $581,600
2012 -- $710,400 $140,000 $570,400
Source: Public Records

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