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516 28th St

Rochester, MN 55901

3 bd 2 ba 1,584 sqft Built 1969 Lot 9,583 sqft single_family
Most recent sale
$220,000
Apr 16, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 16, 2024 Sold $220,000 NorthstarMLS
Mar 5, 2024 Listed $225,000 NorthstarMLS
Jan 1, 2018 Sold $150,000 Public Record
Jul 26, 2012 Listing removed $139,900 Mankato
Jul 16, 2012 Sold $135,000 Public Record
Jun 15, 2012 Sold $135,000 NorthstarMLS
Apr 12, 2012 Listed $139,900 Mankato
Jun 15, 2009 Sold $147,000 NorthstarMLS
May 4, 2009 Listed $146,900 NorthstarMLS
Jul 18, 1997 Sold $89,000 Public Record
Mar 1, 1993 Sold $84,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,800 $36,200 $226,000 $3,222
2023 $178,890 $37,190 $216,080 $2,772
2022 $141,944 $31,404 $173,348 $2,424
2021 $131,620 $26,470 $158,090 $2,220
2019 $108,410 $25,590 $134,000 $1,966
2018 $107,100 $21,900 $129,000 $1,882
2017 $101,400 $21,800 $123,200 $1,828
2016 $91,900 $21,500 $113,400 $1,720
2015 $93,000 $21,600 $114,600 $1,626
2014 $92,700 $21,600 $114,300 $1,596
2013 $93,715 $21,585 $115,300 $1,664
2012 $83,970 $19,230 $103,200 $1,486
2011 $105,400 $24,000 $129,400 $1,440
2010 $109,200 $24,000 $133,200 $1,450

Property facts

Year built
1969
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,584 sqft
Lot size
9,583 sqft
ZIP code
55901
City
Rochester
Street
28th St
Coordinates
44.05274, -92.47258

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,376
Gross rental yield
12.96%
Implied cap rate
8.42%
Trend-extrapolated value

Frequently asked questions

When did 516 28th St last sell?
516 28th St most recently sold on Apr 16, 2024 for $220,000.
What is the current tax assessment for 516 28th St?
The most recent total assessment for 516 28th St (year 2025) is $226,000 with $3,222 in property tax.
How does 516 28th St's assessment compare to its last sale price?
The current assessment is 2.7% above the last sale price of $220,000.
When was 516 28th St built?
516 28th St was built in 1969.
How does 516 28th St compare to others on 28th St?
We track 8 other properties on 28th St. Browse the list under "Other properties on 28th St" to compare beds, baths, and sale history.
What are the property facts for 516 28th St?
516 28th St is a 3 bed, 2 bath, 1,584 sqft, 9,583 sqft lot single_family.
Is 516 28th St a flip candidate?
No — 516 28th St does not appear in our flips dataset.
Is 516 28th St a tax-appeal candidate?
No — 516 28th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.9%
2026 Q3
$356.4K
2026 Q4
$354.7K
ZIP 55901 — Median Price History + Forecast

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