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3517 Fairway Ridge Ln

Rochester, MN 55902

4 bd 3 ba 3,030 sqft Built 2004 Lot 9,714 sqft townhomes
Most recent sale
$505,000
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $505,000 MLS #6149822
Feb 9, 2022 Listed $495,000 MLS #6149822
May 13, 2005 Sold $344,000 MLS #2904992
Feb 21, 2005 Listed $344,000 MLS #2904992

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $389,300 $49,300 $438,600 $6,182
2023 $350,430 $49,860 $400,290 $5,082
2022 $322,621 $49,543 $372,164 $5,126
2021 $313,150 $49,420 $362,570 $5,004
2020 $313,150 $49,420 $362,570 $4,834
2019 $276,100 $47,010 $323,110 $4,634
2018 $268,400 $46,900 $315,300 $4,552
2017 $241,600 $46,400 $288,000 $4,226
2016 $219,000 $46,000 $265,000 $3,980
2015 $220,500 $46,000 $266,500 $3,760
2014 $209,900 $45,800 $255,700 $3,550
2013 $209,845 $45,755 $255,600 $3,672
2012 $192,662 $45,338 $238,000 $3,376
2011 $204,400 $48,100 $252,500 $3,164
2010 $221,600 $48,100 $269,700 $3,316
2009 $221,600 $48,100 $269,700 $3,790

Property facts

Year built
2004
Property type
townhomes
Stories
1
Beds
4
Baths
3
Living area
3,030 sqft
Lot size
9,714 sqft
ZIP code
55902
City
Rochester
Street
Fairway Ridge Ln
Coordinates
44.01768, -92.51505

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,545
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 3517 Fairway Ridge Ln last sell?
3517 Fairway Ridge Ln most recently sold on Jun 1, 2022 for $505,000.
What is the current tax assessment for 3517 Fairway Ridge Ln?
The most recent total assessment for 3517 Fairway Ridge Ln (year 2025) is $438,600 with $6,182 in property tax.
How does 3517 Fairway Ridge Ln's assessment compare to its last sale price?
The current assessment is 13.1% below the last sale price of $505,000.
When was 3517 Fairway Ridge Ln built?
3517 Fairway Ridge Ln was built in 2004.
How does 3517 Fairway Ridge Ln compare to others on Fairway Ridge Ln?
We track 7 other properties on Fairway Ridge Ln. Browse the list under "Other properties on Fairway Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 3517 Fairway Ridge Ln?
3517 Fairway Ridge Ln is a 4 bed, 3 bath, 3,030 sqft, 9,714 sqft lot townhomes.
Is 3517 Fairway Ridge Ln a flip candidate?
No — 3517 Fairway Ridge Ln does not appear in our flips dataset.
Is 3517 Fairway Ridge Ln a tax-appeal candidate?
No — 3517 Fairway Ridge Ln 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
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$595.9K
2026 Q4
$600.3K
ZIP 55902 — Median Price History + Forecast

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