3702 Fernwood Ln
Rochester, MN 55902
4 bd 3 ba 2,458 sqft Built 2021 Lot 10,019 sqft single_family
Most recent sale
$80,000
Nov 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 19, 2022 | Sold | $549,900 | NorthstarMLS |
| Jun 17, 2022 | Listed | $549,900 | MLS #6222261 |
| Nov 3, 2021 | Sold | $80,000 | Public Record |
| Oct 22, 2021 | Listed | $544,900 | MLS #6118770 |
| Sep 22, 2021 | Sold | $80,000 | MLS #5352797 |
| Feb 13, 2021 | Listing removed | $82,500 | NorthstarMLS |
| Jan 7, 2020 | Listed | $82,500 | MLS #5352797 |
| Oct 10, 2018 | Listed | $82,500 | MLS #5032842 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $469,400 | $75,000 | $544,400 | $7,738 |
| 2023 | $346,600 | $75,000 | $421,600 | $5,350 |
| 2022 | — | $22,500 | $22,500 | $376 |
| 2021 | — | $15,700 | $15,700 | $262 |
| 2020 | — | $15,700 | $15,700 | $154 |
| 2019 | — | $8,900 | $8,900 | $25 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,458 sqft
Lot size
10,019 sqft
ZIP code
55902
City
Rochester
Street
Fernwood Ln
Coordinates
43.96790, -92.47515
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 3702 Fernwood Ln last sell?
3702 Fernwood Ln most recently sold on Nov 3, 2021 for $80,000.
What is the current tax assessment for 3702 Fernwood Ln?
The most recent total assessment for 3702 Fernwood Ln (year 2025) is $544,400 with $7,738 in property tax.
How does 3702 Fernwood Ln's assessment compare to its last sale price?
The current assessment is 580.5% above the last sale price of $80,000.
When was 3702 Fernwood Ln built?
3702 Fernwood Ln was built in 2021.
How does 3702 Fernwood Ln compare to others on Fernwood Ln?
We track 8 other properties on Fernwood Ln. Browse the list under "Other properties on Fernwood Ln" to compare beds, baths, and sale history.
What are the property facts for 3702 Fernwood Ln?
3702 Fernwood Ln is a 4 bed, 3 bath, 2,458 sqft, 10,019 sqft lot single_family.
Is 3702 Fernwood Ln a flip candidate?
Yes — 3702 Fernwood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3702 Fernwood Ln a tax-appeal candidate?
No — 3702 Fernwood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.1%
2026 Q3
$595.9K
2026 Q4
$600.3K
ZIP 55902 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fernwood Ln