NOT LISTED FOR SALE

2534 Salem Rd SW Rochester, MN 55902

Estimated Value: $700,000 - $820,000

4 Beds
4 Baths
3,064 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 2534 Salem Rd SW, Rochester, MN 55902 and is currently estimated at $745,904, approximately $243 per square foot. 2534 Salem Rd 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 8, 2021
Sold by
Patton Steven B and Trust Agmt Of Steven & Bonita
Bought by
Connor Shaun C O and Connor Jennifer O
Current Estimated Value
$745,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$305,322
Interest Rate
2.1%
Mortgage Type
Commercial
Estimated Equity
$440,582

Purchase Details

Closed on
Jul 20, 2018
Sold by
Patton Steven B and Patton Bonita K B
Bought by
Patton Steven B and Patton Bonita K B
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Connor Shaun C O $600,000 Rochester Title & Escrow Co
Patton Steven B -- None Available
O'Connor Shaun Shaun $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Shaun C O $400,000
Closed O'Connor Shaun Shaun $400,000
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 $9,688 $656,500 $150,000 $506,500
2023 $8,524 $645,600 $150,000 $495,600
2022 $5,578 $562,800 $150,000 $412,800
2021 $5,104 $406,100 $100,000 $306,100
2020 $5,170 $373,600 $100,000 $273,600
2019 $4,430 $363,800 $100,000 $263,800
2018 $4,378 $317,400 $60,000 $257,400
2017 $4,390 $311,300 $60,000 $251,300
2016 $4,610 $299,400 $58,200 $241,200
2015 $4,260 $307,800 $58,300 $249,500
2014 $4,190 $302,500 $58,200 $244,300
2012 -- $304,600 $58,278 $246,322
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2534 Salem Rd SW, Rochester, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes