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1816 48th St

Rochester, MN 55901

4 bd 2 ba 1,837 sqft Built 1984 Lot 6,600 sqft single_family
Most recent sale
$282,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $282,000 Public Record
May 20, 2022 Sold $282,000 MLS #6178225
Apr 12, 2022 Listed $279,900 MLS #6178225
Oct 16, 2012 Listing removed $119,000 Arrowhead
Oct 15, 2012 Sold $119,000 MLS #4036833
Apr 23, 2012 Listed $124,900 MLS #4036833
Jan 8, 2008 Sold $119,900 MLS #2934755
Oct 8, 2007 Listed $119,900 MLS #2934755
Sep 21, 2000 Sold $131,980 Public Record
Aug 16, 2000 Listing removed $128,700 Southeastminnesota
Jul 6, 2000 Listed $128,700 MLS #1005035
Sep 1, 1984 Sold $62,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $179,300 $54,500 $233,800 $3,330
2023 $176,500 $32,380 $208,880 $2,682
2022 $144,689 $31,493 $176,182 $2,462
2021 $138,050 $22,110 $160,160 $2,250
2020 $138,050 $22,110 $160,160 $2,174
2019 $126,500 $21,780 $148,280 $2,034
2018 $117,310 $21,490 $138,800 $1,872
2017 $105,400 $21,100 $126,500 $1,802
2016 $98,800 $20,800 $119,600 $1,586
2015 $82,600 $20,000 $102,600 $1,492
2014 $83,600 $20,100 $103,700 $1,502
2013 $86,500 $20,200 $106,700 $1,568
2012 $87,166 $20,234 $107,400 $1,536
2011 $86,507 $20,193 $106,700 $1,516
2010 $112,000 $22,800 $134,800 $1,480
2009 $112,600 $22,800 $135,400 $1,480
2008 $115,200 $22,800 $138,000 $1,520

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,837 sqft
Lot size
6,600 sqft
ZIP code
55901
City
Rochester
Street
48th St
Coordinates
44.07144, -92.48965

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
$2,756
Gross rental yield
11.73%
Implied cap rate
7.62%
Trend-extrapolated value

Frequently asked questions

When did 1816 48th St last sell?
1816 48th St most recently sold on Jun 22, 2022 for $282,000.
What is the current tax assessment for 1816 48th St?
The most recent total assessment for 1816 48th St (year 2025) is $233,800 with $3,330 in property tax.
How does 1816 48th St's assessment compare to its last sale price?
The current assessment is 17.1% below the last sale price of $282,000.
When was 1816 48th St built?
1816 48th St was built in 1984.
How does 1816 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 1816 48th St?
1816 48th St is a 4 bed, 2 bath, 1,837 sqft, 6,600 sqft lot single_family.
Is 1816 48th St a flip candidate?
No — 1816 48th St does not appear in our flips dataset.
Is 1816 48th St a tax-appeal candidate?
No — 1816 48th 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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