NOT LISTED FOR SALE

TBD Salley Ridge (L3b2) Ln NE Rochester, MN 55906

Estimated Value: $310,000 - $313,000

2 Acres
$155,750 Price per Acre
87,120 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $230,000

Est. 35% increase in value since last sale

Current estimated payment $1,910/month

About This Lot

As of May 2024

Wooded 2 acres lot in Salley Hill Subdivision, located in NE Rochester offering natural beauty with seren sunsets. This gorgeous neighborhood is situate on the North Fork of the Zumbro River and 10 acres of green space. Plus the convenience of paved cul-de-sac streets with easy access to downtown and excellent schools. A nice balance of a neighborhood w/large lots, providing you with the benefits of extra space for enjoying the outside.

Last Agent to Sell the Property

Debra Quimby

Re/Max Results Listed on: 05/06/2024

Re/Max Results

Last Buyer's Agent

Debra Quimby

Re/Max Results Listed on: 05/06/2024

Re/Max Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,444

Lot Details

  • Many Trees
  • Finished Lot(s)

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Robert Gage Elementary School
  • Dakota Middle School
  • Century High School

Utilities

  • Shared Well

Community Details

  • Salley Hill Homeowners Association, Phone Number (507) 254-8770
  • Salley Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 740114079848

Property Details

Property Type

Land

Est. Annual Taxes

$2,444

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Type: Land
  • Fee Frequency: Annually
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted,Survey Stakes,Topographic Map

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Available, Shared Well Available

Condo/Co-op/Association

  • HOA Fee Includes: None
  • Phone: 507-254-8770
  • Association Fee: 600
  • Association: Yes

Association/Amenities

  • HOA Management Co: Salley Hill Homeowners Association

Schools

  • Junior High Dist: Rochester
  • Middle Or Junior School: Dakota
  • SchoolDistrictPhone: 507-328-3000

Lot Info

  • Topography: Level
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 740114079848
  • Tax Annual Amount: 2444
  • TaxWithAssessments: 2444.0000

MLS Schools

  • Elementary School: Robert Gage
  • HighSchool: Century

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
May 28, 2024
Sold by
Lek Bunsophal and Pho Sopheak
Bought by
Maplewood Homes Llc
Seller's Agent
Debra Quimby
Re/Max Results
Buyer's Agent
Debra Quimby
Re/Max Results
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%
Views
2
Current Estimated Value
$311,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,500
Avg. Annual Appreciation
23.81%
Original Mortgage
$172,500
Outstanding Balance
$170,239
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$141,261

Purchase Details

Closed on
Jun 15, 2022
Sold by
Salley Hill Development Llc
Bought by
Lek Bunsophal and Pho Sopheak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Maplewood Homes Llc $230,000 --
Lek Bunsophal $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maplewood Homes Llc $172,500
Previous Owner Lek Bunsophal $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $230,000 -4.1% --
05/06/2024 05/06/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $239,900 -- --
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 $2,656 $200,000 $200,000 $0
2023 $2,398 $200,000 $200,000 $0
2022 $2,682 $200,000 $200,000 $0
2021 $2,666 $200,000 $200,000 $0
2020 $2,846 $200,000 $200,000 $0
2019 $2,508 $200,000 $200,000 $0
2018 $2,135 $185,000 $185,000 $0
2017 $2,016 $184,900 $184,900 $0
2016 $1,750 $141,500 $141,500 $0
2015 $971 $119,800 $119,800 $0
2014 $766 $98,100 $98,100 $0
2012 -- $54,700 $54,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6524430

NorthstarMLS

APN: 74.01.14.079848