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305 Salem Point Dr; Rochester, MN Property Details

305 Salem Point Dr, Rochester, MN is a Townhouse that was built in 1999. This property is currently a cash purchase and is for sale. Our records show that 305 Salem Point Dr has 4 bedrooms, and 3 bathrooms, and a total of 2,401 square feet. The lot size of 305 Salem Point Dr is 3,558 square feet.

On Market for 51 days
305 Salem Point Dr SW Rochester, MN 55902
$460,000 Listing Price
4 Beds
3 Baths
2,401 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1999
  • Purchase Price: $295,000
  • Est. Equity / %: $498,000 / 100%
  • Gross Yield: 10.495%
  • APN: 64.09.13.045215
  • Situs County: Olmsted
  • Length Of Ownership: 11 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Wood
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Plaster
  • Building Quality: B+
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Patio Type: Patio

Measurements

  • Total: 2,401/SqFt
  • Lot: 3,558/SqFt
  • Gross: 2,401/SqFt
  • Garage: 520/SqFt
  • Living: 2,401/SqFt
  • Building: 2,401/SqFt
  • Ground: 1,589/SqFt
  • Garage Finished: 520/SqFt
  • Price Per Square Foot: $122.87

Legal Description

  • Description: SECT-09 TWP-106 RANGE-014 SALEM POINT LOT-036 BLOCK-001 LOT 36 BLK 1
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Public School District
  • Lat / Lon: 44.001923 / -92.50365
  • Subdivision: Salem Point
  • Property Class: Residential

Amenities

  • Plus Four: 1316
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $186
  • H O A Amount: $186
  • H O A One Frequency: Monthly
  • H O A One Name: Salem Point Homeowners Association
  • H O A One Type: Planned Unit Development

Ownership Info

305 Salem Point Dr SW has no associated ownership info
305 Salem Point Dr SW has no associated ownership info.

Taxes

305 Salem Point Dr SW has 10 associated Taxes items

305 Salem Point Dr, 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 $448,100. The APN we've located for 305 Salem Point Dr is 64.09.13.045215.

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Taxes
  • Assessed Value:  $448,100
  • Assessed Year:  2025
  • Assessed County:  Olmsted
  • APN:  64.09.13.045215
  • Assessed Land Value:  79000
  • Market Land Value:  80000
  • Tax Amount:  6242
  • Tax Year:  2026
  • Market Value:  453800
  • Market Year:  2025

Tax History

305 Salem Point Dr 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 $6,242 Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value $448,100 Land Value $79,000 Improvement Value $369,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $418,100 Land Value $80,000 Improvement Value $338,100 Tax Amount $5,236 Change Rate +0.06683% Assessed CR Tax Rate +0.012523%
Year 2023 Assessed Value $415,800 Land Value $80,000 Improvement Value $335,800 Tax Amount $4,908 Change Rate -0.008885% Assessed CR Tax Rate +0.011804%
Year 2022 Assessed Value $388,700 Land Value $80,000 Improvement Value $308,700 Tax Amount $4,952 Change Rate +0.031237% Assessed CR Tax Rate +0.01274%
Year 2021 Assessed Value $363,800 Land Value $80,000 Improvement Value $283,800 Tax Amount $4,802 Change Rate +0.039394% Assessed CR Tax Rate +0.0132%
Year 2020 Assessed Value $353,200 Land Value $80,000 Improvement Value $273,200 Tax Amount $4,620 Change Rate +0.016725% Assessed CR Tax Rate +0.01308%
Year 2019 Assessed Value $333,200 Land Value $60,000 Improvement Value $273,200 Tax Amount $4,544 Change Rate +0.101309% Assessed CR Tax Rate +0.013637%
Year 2018 Assessed Value $324,800 Land Value $60,000 Improvement Value $264,800 Tax Amount $4,126 Change Rate +0.025348% Assessed CR Tax Rate +0.012703%
Year 2017 Assessed Value $302,500 Land Value $40,000 Improvement Value $262,500 Tax Amount $4,024 Change Rate +0.025484% Assessed CR Tax Rate +0.013302%
Year 2016 Assessed Value $274,000 Land Value $27,500 Improvement Value $246,500 Tax Amount $3,924 Change Rate +0.053706% Assessed CR Tax Rate +0.014321%
Year 2015 Assessed Value $261,200 Land Value $27,400 Improvement Value $233,800 Tax Amount $3,724 Change Rate +0.088889% Assessed CR Tax Rate +0.014257%
Year 2014 Assessed Value $264,000 Land Value $27,400 Improvement Value $236,600 Tax Amount $3,420 Change Rate Assessed CR Tax Rate +0.012955%
Year 2012 Assessed Value $281,800 Land Value $27,631 Improvement Value $254,169 Tax Amount Change Rate Assessed CR Tax Rate