NOT LISTED FOR SALE

4404 Salem Rd SW Rochester, MN 55902

Estimated Value: $923,239 - $1,223,000

4 Beds
4.5 Baths
3,000 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $590,000 $197 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,267/month

95 Days on Market

Highlights

  • Barn
  • Wood Flooring
  • 3 Car Attached Garage
  • Mayo Senior High School Rated A-
  • Skylights
  • Woodwork

About This Home

As of February 2015

Original farmhouse & dairy farm owned by Dr. Charles Mayo. Nestled among mature oak trees, this property has been extensively updated to offer every modern convenience. Property includes barn with loft, stone dairy house, fenced pasture with well-house situated on 14 acres. Phoenix Farm is literally within ten minutes of downtown Rochester. Serenity of country living yet convenience of the city.

Last Agent to Sell the Property

Greg Lawrence

Home Avenue, Inc. Listed on: 10/16/2014

Last Buyer's Agent

Agent Non-Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,872

Year Built

  • 1910

Lot Details

  • 14.3 Acre Lot
  • Property fronts a county road
  • Many Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3,000 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Cooktop
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Sump Pump
  • Drain

Outdoor Features

  • Patio
  • Storage Shed

Farming

  • Barn
  • 10 Acres of Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Furnace Humidifier
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer
  • High Speed Internet

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 640842041693

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,872

Year Built

1910

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Broadband Available, Ceiling Fans, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Security System, Skylight, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 14.3
  • Estimated Pasture Acres: 10
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Mechanicals: Electronic Air Filter, Furnace Humidifier, Water Heater-Electric, Water Softener-Owned, Sump Pump
  • Parcel Number: 640842041693
  • Potential Short Sale: Undisclosed
  • Property Adjoins Public Land: Yes
  • Remodeled Addition: Yes
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1910

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Cooktop, Disposal, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 4: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Basement Features: Drainage System, Sump Pump, Unfinished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 3000
  • Total Fin Square Footage: 3000
  • Total Square Footage: 3400

Exterior Features

  • Frontage Road: County
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Out Buildings: Barn, Storage Shed

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Feb 9, 2015
Sold by
Hale James H and Hale Gail I
Bought by
Mccauley Sean and Raymundo Joselyn
Seller's Agent
Greg Lawrence
Home Avenue, Inc.
Buyer's Agent
Agent Non-Member
Non-Member
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Current Estimated Value
$1,054,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,080
Avg. Annual Appreciation
5.59%
Original Mortgage
$472,000
Outstanding Balance
$359,369
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$694,711

Purchase Details

Closed on
Oct 18, 2011
Sold by
Hale James H and Hale Gail I
Bought by
Hale James H and Hale Gail I
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
Mccauley Sean $590,000 Rochester Title
Hale James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Sean $472,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $590,000 -9.2% $197 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
10/16/2014 10/16/14 For Sale $650,000 -- $217 / 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 $8,872 $782,800 $240,000 $542,800
2023 $7,898 $763,400 $240,000 $523,400
2022 $7,122 $694,400 $215,000 $479,400
2021 $6,918 $627,400 $180,000 $447,400
2020 $7,308 $617,000 $180,000 $437,000
2019 $7,044 $614,700 $180,000 $434,700
2018 $6,832 $621,200 $180,000 $441,200
2017 $6,736 $595,200 $180,000 $415,200
2016 $6,492 $568,200 $180,000 $388,200
2015 $6,146 $542,900 $180,000 $362,900
2014 $6,130 $546,900 $180,000 $366,900
2012 -- $551,000 $180,000 $371,000
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Greg Lawrence

    Home Avenue, Inc.

  • A

    Buyer's Agent in 2015

    Agent Non-Member

    Non-Member

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4685001

REALTOR® Association of Southern Minnesota

APN: 64.08.42.041693

Minnesota Olmsted County Rochester 55902

4404 Salem Rd SW, Rochester, MN

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