NOT LISTED FOR SALE

285 Salem Point Dr SW Rochester, MN 55902

Estimated Value: $484,936 - $537,000

4 Beds
3 Baths
2,401 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 285 Salem Point Dr SW, Rochester, MN 55902 and is currently estimated at $507,734, approximately $211 per square foot. 285 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Leonard Charles H and Leonard Cynthia C
Bought by
Cooke Norleen W
Current Estimated Value
$507,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,170
Outstanding Balance
$273,577
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$234,157

Purchase Details

Closed on
Aug 2, 2017
Sold by
Lobland Jerry E and Lobland Betty J
Bought by
Leonard Charles H and Leonard Cynthia C

Purchase Details

Closed on
Jun 26, 2015
Sold by
Bowman Mavis E
Bought by
Lobland Jerry E and Lobland Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,320
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Bowman Jerrold D and Bowman Jerry D
Bought by
Bowman Mavis E

Purchase Details

Closed on
Jul 1, 2009
Sold by
Block Marian V and Block Julius L
Bought by
Bowman Mavis E

Purchase Details

Closed on
Aug 29, 2008
Sold by
Hansen Robert and Hansen Maryann
Bought by
Block Marian V and Block Julius L
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cooke Norleen W $451,000 Trademark Title Services Inc
Leonard Charles H $357,000 Rochester Title & Escrow Co
Lobland Jerry E $317,900 Edina Realty Title Inc
Bowman Mavis E -- None Available
Bowman Mavis E $255,000 Rochester Title
Block Marian V $279,000 Edina Realty Title Inc
Cooke Norleen Norleen $451,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooke Norleen W $302,170
Previous Owner Lobland Jerry E $254,320
Closed Cooke Norleen Norleen $302,170
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 $5,760 $417,000 $80,000 $337,000
2023 $5,222 $414,700 $80,000 $334,700
2022 $4,936 $387,800 $80,000 $307,800
2021 $4,788 $362,800 $80,000 $282,800
2020 $4,682 $352,300 $80,000 $272,300
2019 $4,532 $332,300 $60,000 $272,300
2018 $4,029 $324,000 $60,000 $264,000
2017 $3,878 $299,400 $40,000 $259,400
2016 $3,496 $263,800 $27,400 $236,400
2015 $3,320 $232,200 $27,000 $205,200
2014 $1,645 $235,000 $27,000 $208,000
2012 -- $270,700 $27,501 $243,199
Source: Public Records

Map

Minnesota Olmsted County Rochester 55902

285 Salem Point Dr SW, Rochester, MN

This home is located at 285 Salem Point Dr SW, Rochester, MN 55902 and is currently estimated at $507,734, approximately $211 per square foot. 285 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.

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