OFF MARKET

Off Market Aug 2017 for $1.4M

$2,127,684

Est. refi paymentEst. refi $9,206/mo

•

—

sq ft

2703 Salem Rd SW, Rochester, MN 55902

About this home

Single-familyProperty Type

2003Year Built

4.58 acresLot Size

3 car garageParking

Listed by Scott Lecy • Re/Max Results

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #5122906

Redfin Estimate

$2,127,684

$728K since sold in August 2017$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 119.6% higher than the average sale price ($969K) of 6 comparable homes.

SOLD JUN 30, 2026
$975,000
A
5 beds4 baths— sq ft
1103 Baihly Heights Ln SW, Rochester, MN 55902
SOLD MAY 30, 2026
$887,000
B
4 beds5 baths— sq ft
1017 Fox Knoll Dr SW, Rochester, MN 55902
SOLD AUG 3, 2026
$850,000
C
5 beds5 baths— sq ft
2422 Salem Heights Ln SW, Rochester, MN 55902
SOLD MAY 1, 2026
$785,000
D
4 beds5 baths— sq ft
3324 Fox Hollow Ln SW, Rochester, MN 55902
SOLD AUG 28, 2026
$717,000
E
5 beds5 baths— sq ft
2449 Salem Heights Ln SW, Rochester, MN 55902
SOLD OCT 27, 2025
$1,600,000
F
4 beds6 baths— sq ft
956 Hunters Point Ln SW, Rochester, MN 55902

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Earn from this home

Refinance

Est. cash available

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Rent

$4,148/mo

Redfin rental estimate

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Market trends in 55902, MN

Last updated August 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

0.4% MoM

Median sale price

$615K

$35K MoM

Avg. days on market

43d

15 days MoM

Recently sold homes

140

9 MoM

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See all

Provided by Redfin

Sale history for 2703 Salem Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$35,746 (+4.3%)

$175,000 + $2,052,300

$2,227,300

2025

$34,282 (+10.7%)

$175,000 + $1,943,000

$2,118,000

2024

$30,958 (+23.4%)

$150,000 + $1,962,100

$2,112,100

2023

$25,088 (−1.0%)

$150,000 + $1,566,100

$1,716,100

2022

$25,344 (+9.1%)

$100,000 + $1,504,600

$1,604,600

2021

$23,222 (−1.7%)

$100,000 + $1,377,800

$1,477,800

2020

$23,626 (+1.3%)

$100,000 + $1,343,200

$1,443,200

2019

$23,332 (+2.1%)

$100,000 + $1,334,900

$1,434,900

2018

$22,860 (−0.3%)

$100,000 + $1,299,800

$1,399,800

2017

$22,930 (+10.4%)

$100,000 + $1,286,900

$1,386,900

2015

$20,778 (+1.2%)

$100,000 + $1,199,400

$1,299,400

2014

$20,522

$100,000 + $1,199,300

$1,299,300

Tax history for 2703 Salem Rd SW

Year

Property tax

Land + Additions

Assessment*

2026

$35,746 (+4.3%)

$175,000 + $2,052,300

$2,227,300

2025

$34,282 (+10.7%)

$175,000 + $1,943,000

$2,118,000

2024

$30,958 (+23.4%)

$150,000 + $1,962,100

$2,112,100

2023

$25,088 (−1.0%)

$150,000 + $1,566,100

$1,716,100

2022

$25,344 (+9.1%)

$100,000 + $1,504,600

$1,604,600

2021

$23,222 (−1.7%)

$100,000 + $1,377,800

$1,477,800

2020

$23,626 (+1.3%)

$100,000 + $1,343,200

$1,443,200

2019

$23,332 (+2.1%)

$100,000 + $1,334,900

$1,434,900

2018

$22,860 (−0.3%)

$100,000 + $1,299,800

$1,399,800

2017

$22,930 (+10.4%)

$100,000 + $1,286,900

$1,386,900

2015

$20,778 (+1.2%)

$100,000 + $1,199,400

$1,299,400

2014

$20,522

$100,000 + $1,199,300

$1,299,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

4.5

Stories

Lot width

—

Lot depth

—

Lot size

4.58 Acres

Year renovated

2010

Sq. Ft.

8,004

Year built

2003

Style

Single Family Residential

County

Olmsted County

APN

640914064853

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 9, 2026.

Mixed Single Family District

The R-1 district is intended to maintain and promote areas of low residential density where the emphasis is generally on the development of single-family dwellings of various styles. Uses supportive and in character with low-density residential are permitted. This district also provides opportunities for in-fill development in established areas through the efficient use of the existing housing stock and infrastructure

Permitted uses

Include but are not limited to:

Library
Museum / gallery
Death related/funeral home

Oct 17, 2013 • Final

Residential building (alteration)

Remove the existing Exterior Insulation and Finish System and install new fiber cement siding and stone. Address any potential structural damage found during the project.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Heated Garage
Garage Spaces: 3
Garage Sq. Ft.: 1,136

Interior

Bedroom Information
# of Bedrooms: 4

Bathroom Information
# of Full Baths (Total): 3
# of Half Baths (Total): 2
Description: Full Master,Full Basement,Main Floor 1/2 Bath

Room 1 Information
Room Type: Den
Room Level: Lower

Room 2 Information
Room Type: Dining Room
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Level: Lower

Room 4 Information
Room Type: Bedroom 1
Room Level: Main

Room 5 Information
Room Type: Bedroom 4
Room Level: Lower

Room 6 Information
Room Type: Kitchen
Room Level: Main

Room 7 Information
Room Type: Laundry

Room 8 Information
Room Type: Living Room
Room Level: Main

Room 9 Information
Room Type: Other Room

Room 10 Information
Room Type: Recreation Room

Room 11 Information
Room Type: Bedroom 2
Room Level: Upper

Room 12 Information
Room Type: Bedroom 3
Room Level: Upper

Basement Information
Basement Features: Block, Drainage System, Finished, Full, Walkout

Dining Room Information
Dining Room Features: Informal Dining Room,Kitchen/Dining Room,Living/Dining Room,Other,Separate/Formal Dining Room

Other Rooms Information
Main Floor Laundry

Fireplace Information
Has Fireplace
# of Fireplaces: 3
Fireplace Features: Gas

Heating & Cooling
Heating Information: Forced Air, Radiant Floor
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Laundry, Recreation Room, Other Room
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Brick/Stone, Fiber Cement
New Construction
Foundation Area: 4,002
Roof: Asphalt

Property Information
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Other Structures: Storage Shed
Above Grade Finished Area: 6,254
Below Grade Finished Area: 3,602
Amenities: Cable,Ceiling Fan(s),City View,Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Master Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Security System,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Lot Information
Lot Features: Irregular Lot, Tree Coverage - Heavy
Lot Size Area: 4.58
Lot Size Units: Acres
Lot Size Dimensions: Irregular
Road Frontage Type: No Outlet/Dead End, Paved Streets, Private Road

Financial

Tax Information
Tax Annual Amount: $23,148
Tax Year: 2017
Tax With Assessments: $23,148

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

School Information
Elementary School: Bamber Valley
Middle Or Junior High School: Willow Creek
High School: Mayo
High School District: Rochester
School District Number: 535
School District Phone: 507-328-3000

Location Information
Directions: Salem Rd to Wellington Ln then a quick right to the Crocus Hill Entrance - follow up and this property is the last one up on the right. No sign.

Public facts

Beds: 4
Baths: 4.5
Sq. Ft.: 8,004
Stories: 2.0
Lot Size: 4.58 acres
Style: Single Family Residential
Year Built: 2003
Year Renovated: 2010
County: Olmsted County
APN: 640914064853

Home facts updated by county records on Jul 9, 2026

Other

Home Information
Living Area: 9856
Main Level Finished Area: 4454.0000
Building Area Total: 10256
Levels: Two

Around this home

Schools

Bamber Valley Elementary School

Public PreK-5 • Assigned • 0.7mi

8/10

John Adams Middle School

Public 6-8 • Assigned • 3.9mi

5/10

Mayo Senior High School

Public 9-12 • Assigned • 2.7mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Rochester, MN • 55902

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.8 hours in June and 3.6 hours in December, placing it below the U.S. average for solar exposure.

9.8 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.02M – $2.45M

Sell confidently with a local market expert in Rochester. 3 minutes to get started.

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Home values near 2703 Salem Rd SW

Data from public records.

Address	Redfin Estimate
2701 Salem Road Southwest, Rochester, MN 6 Beds \| 4 Baths \| - Sq. Ft.	$871,642
2463 Salem Heights Lane Southwest, Rochester, MN 5 Beds \| 3.5 Baths \| 3674 Sq. Ft.	$780,509

Address	Redfin Estimate
2705 Salem Road Southwest, Rochester, MN 4 Beds \| 3.5 Baths \| 8042 Sq. Ft.	$1,345,989
1431 Bell Oaks Lane Southwest, Rochester, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$834,723

Address	Redfin Estimate
2435 Salem Heights Lane Southwest, Rochester, MN 4 Beds \| 4.5 Baths \| 3849 Sq. Ft.	$855,258
2477 Salem Heights Lane Southwest, Rochester, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$820,850

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2017. This data may not match . Learn more.

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