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3508 42nd St

Rochester, MN 55901

4 bd 2 ba 2,295 sqft Built 1996 Lot 10,875 sqft single_family
Most recent sale
$316,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 19, 2022 Sold $316,000 Public Record
Oct 21, 2022 Sold $316,000 MLS #6262477
Sep 20, 2022 Listed $309,900 MLS #6262477

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $250,500 $66,500 $317,000 $4,476
2023 $241,120 $53,220 $294,340 $3,752
2022 $206,926 $52,423 $259,349 $3,592
2021 $193,870 $42,370 $236,240 $3,284
2020 $193,870 $42,370 $236,240 $3,340
2019 $188,130 $42,220 $230,350 $3,102
2018 $172,760 $41,800 $214,560 $2,964
2017 $161,900 $41,500 $203,400 $2,770
2016 $155,100 $31,800 $186,900 $2,532
2015 $135,600 $31,200 $166,800 $2,398
2014 $137,500 $31,300 $168,800 $2,314
2013 $134,600 $31,100 $165,700 $2,410
2012 $135,516 $31,184 $166,700 $2,422
2011 $138,603 $31,297 $169,900 $2,334
2010 $154,200 $39,000 $193,200 $2,280
2009 $155,000 $39,000 $194,000 $2,264

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,295 sqft
Lot size
10,875 sqft
ZIP code
55901
City
Rochester
Street
42nd St
Coordinates
44.06667, -92.51475

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
$3,443
Gross rental yield
13.07%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 3508 42nd St last sell?
3508 42nd St most recently sold on Oct 21, 2022 for $316,000.
What is the current tax assessment for 3508 42nd St?
The most recent total assessment for 3508 42nd St (year 2025) is $317,000 with $4,476 in property tax.
How does 3508 42nd St's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $316,000.
When was 3508 42nd St built?
3508 42nd St was built in 1996.
How does 3508 42nd St compare to others on 42nd St?
We track 8 other properties on 42nd St. Browse the list under "Other properties on 42nd St" to compare beds, baths, and sale history.
What are the property facts for 3508 42nd St?
3508 42nd St is a 4 bed, 2 bath, 2,295 sqft, 10,875 sqft lot single_family.
Is 3508 42nd St a flip candidate?
No — 3508 42nd St does not appear in our flips dataset.
Is 3508 42nd St a tax-appeal candidate?
No — 3508 42nd 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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