NOT LISTED FOR SALE

265 Salem Point Dr SW Rochester, MN 55902

Estimated Value: $445,000 - $615,000

3 Beds
2.5 Baths
2,401 Sq Ft
$147/mo HOA Fee

Last Sold August 29, 2014

Last sale price $304,000 $127 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,285/month

68 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Outdoor Water Feature
  • Mayo Senior High School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of August 2014

Exceptional Salem Point townhome. This home features a gorgeous kitchen with SS appliances, double convection ovens, microwave/oven, granite countertops, tile backsplash, maple hardwood floors, built-ins in the dining room, main floor master bedroom suite w/walk-in closet, master bath w/whirlpool tub & separate ceramic shower. Beautiful patio overlook the pond. See supplement

Last Agent to Sell the Property

Bill Clink

RE/MAX Results - Rochester Listed on: 05/28/2014

Last Buyer's Agent

Bill Clink

RE/MAX Results - Rochester Listed on: 05/28/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Gas Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Water Feature

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include snow removal, building insurance, lawn care
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 640914045211

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,404

Year Built

Built in 1998

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Kitchen Center Island, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Inground Sprinkler System, Irrigation System, Patio, Water Feature
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 640914045211
  • Property Adjoins Public Land: Yes
  • Range: 14.00
  • Remodeled Addition: Yes
  • Section: 9.00
  • Stories: 2 Story
  • Taxes With Assessments: 3404
  • Twp Number: 106.00
  • Comp Dev Subdiv Name: Salem Point
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen, Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 2: On Level: Second Floor
  • Room 3: On Level: Second Floor
  • Room 4: On Level: Second Floor
  • Room 5: On Level: Main
  • Room 6: On Level: Main
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 10: On Level: Second Floor
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Finished Above Grade Sq Ft: 2401
  • Total Fin Square Footage: 2401
  • Total Square Footage: 2401

Exterior Features

  • Frontage Road: Paved, Private
  • Lake Class: Gen Development
  • Construction Type: Frame/Wood
  • Exterior: Brick, Cement Board
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Building Insurance, Lawn Care
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 147.15

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: common

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2014
  • Tax Value: 3404

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 28, 2014
Sold by
Gruneich Martin F and Gruneich Janet L
Bought by
Mehl Roger H and Mehl Betsy A
Seller's Agent
Bill Clink
RE/MAX Results - Rochester
Buyer's Agent
Bill Clink
RE/MAX Results - Rochester
List Price
$325,900
Sold Price
$304,000
Premium/Discount to List
-$21,900
-6.72%
Current Estimated Value
$506,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,543
Avg. Annual Appreciation
4.68%
Original Mortgage
$200,000
Outstanding Balance
$152,943
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$353,600
Source: Public Records

Range of Values:

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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
Mehl Roger H $304,000 Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mehl Roger H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $304,000 -6.7% $127 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $325,900 -- $136 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,778 $418,100 $80,000 $338,100
2023 $5,236 $415,800 $80,000 $335,800
2022 $4,952 $388,700 $80,000 $308,700
2021 $4,802 $363,800 $80,000 $283,800
2020 $4,652 $353,200 $80,000 $273,200
2019 $4,544 $330,300 $60,000 $270,300
2018 $3,980 $324,800 $60,000 $264,800
2017 $3,980 $299,800 $40,000 $259,800
2016 $3,630 $271,000 $27,500 $243,500
2015 $3,446 $241,300 $27,100 $214,200
2014 $3,404 $244,000 $27,100 $216,900
2012 -- $278,100 $27,589 $250,511
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bill Clink

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4625231

REALTOR® Association of Southern Minnesota

APN: 64.09.14.045211

Minnesota Olmsted County Rochester 55902

265 Salem Point Dr SW, Rochester, MN

This home is located at 265 Salem Point Dr SW, Rochester, MN 55902 since 28 May 2014 and is currently estimated at $506,543, approximately $210 per square foot. This property was built in 1998. 265 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.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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