NOT LISTED FOR SALE

2914 Salem Meadows Dr SW Unit 48 Rochester, MN 55902

Estimated Value: $303,949 - $330,000

2 Beds
2 Baths
1,338 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $173,500 $130 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,100/month

28 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Mayo Senior High School Rated A-
  • 2 Car Attached Garage
  • Woodwork

About This Home

As of October 2014

This Salem Meadows Townhome is a charming end unit next to the pond with a cozy 4 season sunroom, front patio, handicapped accessible, 2 bed, 2 bath, 2 car garage that also has a warm fireplace.

Last Agent to Sell the Property

Bob Matthews

Coldwell Banker Burnet Listed on: 09/05/2014

Last Buyer's Agent

Raymond Neis

Property Brokers of Minnesota, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 2002

Lot Details

  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Twin Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Wheelchair Access
  • Patio

Community Details

  • Association fees include exterior maintenance, landscaping, management, snow removal, trash, building insurance, lawn care

Listing and Financial Details

  • Assessor Parcel Number 640912067830

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,932

Year Built

Built in 2002

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Type: Condo/Twnhouse/Twin/Patio
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Twin Home
  • Ada Features: Fully Wheelchair
  • Amenities: Ceiling Fans, Eat-In Kitchen, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Irrigation System, Patio
  • Mechanicals: Electronic Air Filter, Furnace Humidifier, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 640912067830
  • Range: 14.00
  • Section: 9.00
  • Stories: 1 Story
  • Taxes With Assessments: 1932
  • Twp Number: 106.00
  • Comp Dev Subdiv Name: Salem Meadows
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Full Master, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Finished Above Grade Sq Ft: 1338
  • Total Fin Square Footage: 1338
  • Total Square Footage: 1338

Exterior Features

  • Frontage Road: Private
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

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: Exterior Maintenance, Landscaping, Management, Snow Removal, Trash, Building Insurance, Lawn Care
  • Shared: In-ground Sprinkler Sys.
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 160

Schools

  • School District: Rochester #535

Lot Info

  • Estimated Lot Dimensions: Common

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2014
  • Tax Value: 1932

MLS Schools

  • School District: Rochester #535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Oct 2, 2014
Sold by
Mead Virginia M
Bought by
Siem Nadine E
Seller's Agent
Bob Matthews
Coldwell Banker Burnet
Buyer's Agent
Raymond Neis
Property Brokers of Minnesota, Inc.
List Price
$175,900
Sold Price
$173,500
Premium/Discount to List
-$2,400
-1.36%
Current Estimated Value
$312,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,987
Avg. Annual Appreciation
5.47%
Source: Public Records

Range of Values:

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Average Value
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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
Siem Nadine E $175,000 Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2014 10/16/14 Sold $173,500 -1.4% $130 / Sq Ft
10/03/2014 10/03/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $175,900 -- $131 / 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 $3,618 $274,200 $30,000 $244,200
2023 $3,320 $274,500 $30,000 $244,500
2022 $2,672 $250,500 $30,000 $220,500
2021 $2,630 $210,000 $30,000 $180,000
2020 $2,774 $206,800 $30,000 $176,800
2019 $2,356 $208,900 $30,000 $178,900
2018 $2,180 $182,500 $25,000 $157,500
2017 $2,196 $169,000 $23,800 $145,200
2016 $2,092 $147,000 $20,700 $126,300
2015 $1,976 $136,900 $20,400 $116,500
2014 $1,932 $138,500 $20,400 $118,100
2012 -- $138,800 $20,455 $118,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4671123

REALTOR® Association of Southern Minnesota

APN: 64.09.12.067830