NOT LISTED FOR SALE

2703 Salem Rd SW Rochester, MN 55902

Estimated Value: $1,930,891 - $2,424,000

4 Beds
5 Baths
10,256 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 2703 Salem Rd SW, Rochester, MN 55902 and is currently estimated at $2,152,630, approximately $209 per square foot. 2703 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
Jul 31, 2017
Sold by
Adamson William J and William J Adamson Trust Q
Bought by
Sirop Saad Jacop and Kojaian Maral
Current Estimated Value
$2,152,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$992,963
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,159,667

Purchase Details

Closed on
Sep 1, 2013
Sold by
Adamson William J and Adamson Caroline A
Bought by
Adamson W Joseph N and Schaefer Michon M

Purchase Details

Closed on
May 3, 2010
Sold by
Adamson Michael J and Adamson Maria C
Bought by
Adamson William J and William J Adamson Revocable Li

Purchase Details

Closed on
Aug 31, 2003
Sold by
Adamson William J and Adamson Caroline A
Bought by
Adamson William J and Adamson Caroline A
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

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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
Sirop Saad Jacop $1,400,000 Rochester Title
Adamson W Joseph N -- Rochester Title
Adamson William J -- Rochester Title
Adamson William J -- Rochester Title
Adamson William J -- None Available
Adamson William J -- Rochester Title
Adamson William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirop Saad Jacop $1,190,000
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 $34,282 $2,118,000 $175,000 $1,943,000
2023 $30,958 $2,112,100 $150,000 $1,962,100
2022 $25,344 $1,716,100 $150,000 $1,566,100
2021 $23,222 $1,604,600 $100,000 $1,504,600
2020 $23,626 $1,477,800 $100,000 $1,377,800
2019 $23,332 $1,443,200 $100,000 $1,343,200
2018 $22,895 $1,434,900 $100,000 $1,334,900
2017 $22,930 $1,399,800 $100,000 $1,299,800
2016 $22,528 $1,386,900 $100,000 $1,286,900
2015 $20,778 $1,332,000 $100,000 $1,232,000
2014 $20,522 $1,299,400 $100,000 $1,199,400
2012 -- $1,297,400 $100,000 $1,197,400
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

2703 Salem Rd SW, Rochester, MN

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