NOT LISTED FOR SALE

2548 Salem Heights Ln SW Rochester, MN 55902

Estimated Value: $779,000 - $1,515,000

4 Beds
4 Baths
6,207 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 2548 Salem Heights Ln SW, Rochester, MN 55902 and is currently estimated at $1,136,776, approximately $183 per square foot. 2548 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
Jun 16, 2017
Sold by
Cheng Fang and Wang Shiwei
Bought by
Cheng Fang and Wang Shiwei
Current Estimated Value
$1,136,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Outstanding Balance
$352,969
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$783,807

Purchase Details

Closed on
Apr 5, 2007
Sold by
Thayer Grant and Thayer Andrea L
Bought by
Thayer Andrea

Purchase Details

Closed on
Jun 23, 2005
Sold by
Rjy Development Inc
Bought by
Thayer Grant and Thayer Andrea L
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
Cheng Fang -- Rochester Title
Cheng Fang $824,788 Rochester Title
Thayer Andrea -- Title Services Inc
Thayer Grant $167,500 Rochester Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Fang $424,000
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 $17,848 $1,141,400 $150,000 $991,400
2023 $16,430 $1,162,400 $150,000 $1,012,400
2022 $14,280 $1,029,500 $150,000 $879,500
2021 $14,100 $942,800 $150,000 $792,800
2020 $13,562 $959,100 $150,000 $809,100
2019 $13,390 $921,200 $150,000 $771,200
2018 $13,340 $915,000 $150,000 $765,000
2017 $13,188 $861,800 $150,000 $711,800
2016 $13,288 $834,400 $150,000 $684,400
2015 $12,216 $821,800 $150,000 $671,800
2014 $11,960 $801,800 $150,000 $651,800
2012 -- $796,400 $175,000 $621,400
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2548 Salem Heights Ln SW, Rochester, MN

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