3743 Fernwood Ln
Rochester, MN 55902
3 bd 3 ba 2,162 sqft Built 2021 Lot 12,197 sqft single_family
Most recent sale
$587,500
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $587,500 | MLS #6084930 |
| Aug 16, 2021 | Listed | $535,500 | MLS #6084930 |
| Jul 1, 2021 | Listing removed | $89,000 | NorthstarMLS |
| Feb 13, 2021 | Listing removed | $89,000 | NorthstarMLS |
| Jan 7, 2020 | Listed | $89,000 | MLS #5352918 |
| Oct 10, 2018 | Listed | $89,000 | MLS #5032851 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $520,400 | $75,000 | $595,400 | $8,596 |
| 2023 | $428,000 | $75,000 | $503,000 | $6,392 |
| 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
3
Baths
3
Living area
2,162 sqft
Lot size
12,197 sqft
ZIP code
55902
City
Rochester
Street
Fernwood Ln
Coordinates
43.96734, -92.47595
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,243
Gross rental yield
6.62%
Implied cap rate
4.31%
Trend-extrapolated value
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Frequently asked questions
When did 3743 Fernwood Ln last sell?
3743 Fernwood Ln most recently sold on May 13, 2022 for $587,500.
What is the current tax assessment for 3743 Fernwood Ln?
The most recent total assessment for 3743 Fernwood Ln (year 2025) is $595,400 with $8,596 in property tax.
How does 3743 Fernwood Ln's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $587,500.
When was 3743 Fernwood Ln built?
3743 Fernwood Ln was built in 2021.
How does 3743 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 3743 Fernwood Ln?
3743 Fernwood Ln is a 3 bed, 3 bath, 2,162 sqft, 12,197 sqft lot single_family.
Is 3743 Fernwood Ln a flip candidate?
No — 3743 Fernwood Ln does not appear in our flips dataset.
Is 3743 Fernwood Ln a tax-appeal candidate?
No — 3743 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