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515 3rd St

Rochester, MN 55901

2 bd 2 ba 802 sqft Built 1900 Lot 6,072 sqft single_family
Most recent sale
$134,223
Sep 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 14, 2023 Sold $214,000 Public Record
Jun 24, 2022 Listed $169,900 MLS #6225807
Sep 21, 2021 Sold $134,223 Public Record
Mar 11, 2019 Listing removed $157,500 NorthstarMLS
Dec 10, 2018 Listing removed $157,500 GreaterLakes
Aug 4, 2017 Sold $157,500 Public Record
Jul 31, 2017 Listing removed $157,500 Southeastminnesota
Jun 5, 2017 Listed $157,500 MLS #4080399
Apr 10, 2017 Listed $157,500 MLS #5104180
Jan 18, 2017 Sold $108,000 Public Record
Jan 1, 2017 Sold $108,000 Public Record
Apr 29, 2009 Sold $98,950 Public Record
Apr 20, 2006 Sold $51,700 Public Record
Mar 30, 2004 Sold $98,400 MLS #2801567
Oct 28, 2003 Listed $88,000 MLS #2801567
Oct 15, 1999 Sold $72,700 Public Record
Aug 24, 1999 Listing removed $72,700 Southeastminnesota
Aug 16, 1999 Listed $72,700 MLS #1001864
Dec 1, 1986 Sold $48,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $113,700 $42,000 $155,700 $2,254
2023 $132,400 $50,000 $182,400 $2,314
2022 $99,088 $43,195 $142,283 $2,000
2021 $96,640 $43,030 $139,670 $2,236
2020 $96,640 $43,030 $139,670 $1,892
2019 $86,190 $42,250 $128,440 $1,796
2018 $80,250 $41,760 $122,010 $1,698
2017 $72,600 $32,200 $104,800 $1,568
2016 $76,400 $30,000 $106,400 $1,478
2015 $78,000 $20,000 $98,000 $1,392
2014 $78,000 $20,000 $98,000 $1,373
2013 $79,300 $20,000 $99,300 $1,420
2012 $79,300 $20,000 $99,300 $1,448
2011 $87,600 $15,000 $102,600 $1,344
2010 $87,600 $15,000 $102,600 $1,150
2009 $75,000 $15,000 $90,000 $1,126

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
802 sqft
Lot size
6,072 sqft
ZIP code
55901
City
Rochester
Street
3rd St
Coordinates
44.02657, -92.47038

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
$1,203
Gross rental yield
10.76%
Implied cap rate
6.99%
Trend-extrapolated value

Frequently asked questions

When did 515 3rd St last sell?
515 3rd St most recently sold on Sep 21, 2021 for $134,223.
What is the current tax assessment for 515 3rd St?
The most recent total assessment for 515 3rd St (year 2025) is $155,700 with $2,254 in property tax.
How does 515 3rd St's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $134,223.
When was 515 3rd St built?
515 3rd St was built in 1900.
How does 515 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 515 3rd St?
515 3rd St is a 2 bed, 2 bath, 802 sqft, 6,072 sqft lot single_family.
Is 515 3rd St a flip candidate?
Yes — 515 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 515 3rd St a tax-appeal candidate?
No — 515 3rd 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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