$460,000
SOLD MAR 3, 2025

295 Salem Point Dr SW Rochester, MN 55902

3 Beds
2.5 Baths
2,401 Sq Ft
$162/mo HOA Fee

Recently Sold

$192 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Waterfront Community
  • Dock Facilities
  • Main Floor Primary Bedroom
  • Mayo Senior High School Rated A-
  • Lake View
  • 1 Fireplace

About This Home

As of March 2025

Welcome home! This well-maintained, main-level, side by side townhome is nestled in an established, friendly, and welcoming neighborhood, just five minutes southwest of the Mayo Clinic Medical Campus. With maintenance-free living - no lawn mowing or snow shoveling - you'll have more time for what truly matters. The home features two inviting living spaces on the main floor: a bright sunroom and a cozy living room with a gas fireplace. The kitchen boasts newer granite countertops and ample cupboard and counter space, this kitchen is perfect for entertaining friends and colleagues. Also on the main floor is a spacious and comfortable owner's suite, complete with a walk-in closet, double sinks, a soaker tub, and a walk-in shower. The upper level is spacious and bright with natural light. Both upper bedrooms have walk in closets. A special bonus is access to picturesque Bamber Lake, where a community dock provides a slip for your electric powered pontoon or fishing boat. Bamber Lake is stocked annually with walleye, making for excellent fishing, and you'll also find plenty of sunfish, bluegills, and crappies. The lake is ideal for swimming, kayaking, and canoeing, and is one of the cleanest lakes in Southeast Minnesota. Nature surrounds the area, enhanced by gorgeous, easy-to-access walking and biking paths. Embrace a new, easy-living lifestyle with all the comforts this home offers. For added peace of mind, it also includes a concrete storm shelter. *Some images have been virtually staged

Last Agent to Sell the Property

Sara Vix

Keller Williams Premier Realty Listed on: 01/24/2025

Keller Williams Premier Realty

Last Buyer's Agent

Sara Vix

Keller Williams Premier Realty Listed on: 01/24/2025

Keller Williams Premier Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 1999

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 47x76

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Flex

Interior Spaces

  • 2,401 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Lake Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Patio

Schools

  • Bamber Valley Elementary School
  • John Adams Middle School
  • Mayo High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 640913045214

Community Details

Overview

  • Association fees include hazard insurance, lawn care, shared amenities, snow removal
  • Salem Point Homeowners Association, Phone Number (507) 285-0412
  • Salem Point Subdivision

Recreation

  • Waterfront Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,236

Year Built

Built in 1999

Lot Details

0

HOA Fees

$162 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Dock, In-Ground Sprinkler System
  • Fee Frequency: Monthly
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2401
  • Water Body Name: Bamber
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2401
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Bedroom 1, Dining Room, Kitchen, Living Room, Sun Room, Laundry, Bedroom 2, Bedroom 3, Patio, Panic Room, Flex Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • PatioPorchType: Front Porch,Patio
  • Lake Acres: 10
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Electric, Finished Garage, Garage Door Opener, Insulated Garage, Storage
  • Garage Square Feet: 520

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Lawn Care, Shared Amenities, Snow Removal
  • Phone: 507-285-0412
  • Association Fee: 162
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,In-Ground Sprinkler,Sun Room,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Salem Point Homeowners Association

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: John Adams
  • SchoolDistrictNumber: 535
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 47x76
  • Lot Size Sq Ft: 3571.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick Veneer, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 640913045214
  • Tax Annual Amount: 5236
  • TaxWithAssessments: 5236.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake View

MLS Schools

  • Elementary School: Bamber Valley
  • HighSchool: Mayo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Feb 27, 2025
Sold by
Susan S Field Trust and Field Susan S
Bought by
Sanneman Theresa and Arneson Shelli
Seller's Agent
Sara Vix
Keller Williams Premier Realty
Buyer's Agent
Sara Vix
Keller Williams Premier Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
826
Current Estimated Value
$469,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,697
Avg. Annual Appreciation
3.60%
Original Mortgage
$437,000
Outstanding Balance
$434,798
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$34,899

Purchase Details

Closed on
May 6, 2008
Sold by
Swenson Bernie and Vrtiska Terri J
Bought by
Field Susan F and Susan F Field Trust
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 Type Sale Price Title Company
Deed $460,000 None Listed On Document
Warranty Deed $290,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $460,000 +2.2% $192 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $450,000 -- $187 / Sq Ft
Source: NorthstarMLS

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 $4,908 $388,700 $80,000 $308,700
2021 $4,802 $363,800 $80,000 $283,800
2020 $4,696 $353,200 $80,000 $273,200
2019 $4,544 $333,200 $60,000 $273,200
2018 $2,012 $324,800 $60,000 $264,800
2017 $4,024 $302,500 $40,000 $262,500
2016 $3,648 $274,000 $27,500 $246,500
2015 $1,731 $242,500 $27,100 $215,400
2014 $1,710 $245,200 $27,200 $218,000
2012 -- $281,800 $27,631 $254,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6648922

NorthstarMLS

APN: 64.09.13.045214