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2701 Salem Rd; Rochester, MN Property Details

2701 Salem Rd, Rochester, MN is a Single Family that was built in 1885. This property is currently Financed and is not for sale. Our records show that 2701 Salem Rd has 6 bedrooms, and 4 bathrooms, and a total of 4,966 square feet. The lot size of 2701 Salem Rd is 115,521 square feet.

Off market
2701 Salem Rd SW Rochester, MN 55902
$599,999 Listing Price
6 Beds
4 Baths
4,966 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1885
  • Purchase Price: $573,000
  • Open Loans / Balance: 1 / $395,317
  • Est. Equity / %: $439,683 / 52.66%
  • Gross Yield: 8.558%
  • APN: 64.09.14.054942
  • Situs County: Olmsted
  • Length Of Ownership: 7 years

Rooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full Bathrooms: 4
  • Total Rooms: 10

Structure

  • Building Style: Wood
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Plaster
  • Building Quality: B-
  • Roof Type: Hip
  • Pool Type: Spa or Hot Tub
  • Porch Type: Open
  • Roof Cover Type: Wood
  • Patio Type: Patio

Measurements

  • Total: 4,966/SqFt
  • Lot: 115,521/SqFt
  • Gross: 4,966/SqFt
  • Garage: 952/SqFt
  • Living: 4,966/SqFt
  • Basement: 1,250/SqFt
  • Building: 4,966/SqFt
  • Ground: 2,803/SqFt
  • Garage Unfinished: 952/SqFt
  • Basement Unfinished: 1,250/SqFt
  • Price Per Square Foot: $115.38

Legal Description

  • Description: SECT-09 TWP-106 RANGE-014 CITY LANDS 106-14-09 3.65 AC A PT OF E12 NE14 SEC 9 DES AS FOLL BEG AT A PT ON W LINE E12 QUARTER S
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.00293 / -92.50293
  • Subdivision: City Lands 106-14-09
  • Property Class: Residential

Amenities

  • Pool: true
  • Plus Four: 1306
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Forced air unit
  • Parking: 4

Ownership Info

2701 Salem Rd SW has no associated ownership info
2701 Salem Rd SW has no associated ownership info.

Taxes

2701 Salem Rd SW has 10 associated Taxes items

2701 Salem Rd, Rochester, MN pays taxes in Olmsted County, MN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $829,900. The APN we've located for 2701 Salem Rd is 64.09.14.054942.

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Taxes
  • Assessed Value:  $829,900
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  64.09.14.054942
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  12442
  • Tax Year:  2026
  • Market Value:  829900
  • Market Year:  2025

Tax History

2701 Salem Rd SW has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value Land Value Improvement Value Tax Amount $12,442 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $829,900 Land Value $175,000 Improvement Value $654,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $797,800 Land Value $175,000 Improvement Value $622,800 Tax Amount $10,354 Change Rate +0.171267% Assessed CR Tax Rate +0.012978%
Year 2023 Assessed Value $765,200 Land Value $150,000 Improvement Value $615,200 Tax Amount $8,840 Change Rate +0.035857% Assessed CR Tax Rate +0.011553%
Year 2022 Assessed Value $661,900 Land Value $150,000 Improvement Value $511,900 Tax Amount $8,534 Change Rate +0.110619% Assessed CR Tax Rate +0.012893%
Year 2021 Assessed Value $599,000 Land Value $100,000 Improvement Value $499,000 Tax Amount $7,684 Change Rate +0.041898% Assessed CR Tax Rate +0.012828%
Year 2020 Assessed Value $547,700 Land Value $100,000 Improvement Value $447,700 Tax Amount $7,375 Change Rate +0.079795% Assessed CR Tax Rate +0.013465%
Year 2019 Assessed Value $542,400 Land Value $100,000 Improvement Value $442,400 Tax Amount $6,830 Change Rate -0.322824% Assessed CR Tax Rate +0.012592%
Year 2018 Assessed Value $477,900 Land Value $59,900 Improvement Value $418,000 Tax Amount $10,086 Change Rate -0.001781% Assessed CR Tax Rate +0.021105%
Year 2017 Assessed Value $465,900 Land Value $59,900 Improvement Value $406,000 Tax Amount $10,104 Change Rate +0.597218% Assessed CR Tax Rate +0.021687%
Year 2016 Assessed Value $461,900 Land Value $59,900 Improvement Value $402,000 Tax Amount $6,326 Change Rate +0.092196% Assessed CR Tax Rate +0.013696%
Year 2015 Assessed Value $424,000 Land Value $59,900 Improvement Value $364,100 Tax Amount $5,792 Change Rate +0.003813% Assessed CR Tax Rate +0.01366%
Year 2014 Assessed Value $412,400 Land Value $59,900 Improvement Value $352,500 Tax Amount $5,770 Change Rate Assessed CR Tax Rate +0.013991%
Year 2012 Assessed Value $417,200 Land Value $59,900 Improvement Value $357,300 Tax Amount Change Rate Assessed CR Tax Rate