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3785 Fernwood Ln

Rochester, MN 55902

4 bd 3 ba 3,736 sqft Built 2021 Lot 13,939 sqft single_family
Most recent sale
$615,000
Apr 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2022 Sold $615,000 MLS #5769223
Jun 3, 2021 Listed $569,900 MLS #5769223
Apr 29, 2021 Sold $100,000 MLS #5352929
Feb 13, 2021 Listing removed $105,000 NorthstarMLS
Jan 7, 2020 Listed $105,000 MLS #5352929
Oct 10, 2018 Listed $105,000 MLS #5032848

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $575,900 $90,000 $665,900 $9,784
2023 $478,700 $90,000 $568,700 $7,404
2022 $29,100 $29,100 $486
2021 $20,100 $20,100 $336
2020 $20,100 $20,100 $194
2019 $11,100 $11,100 $25

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,736 sqft
Lot size
13,939 sqft
ZIP code
55902
City
Rochester
Street
Fernwood Ln
Coordinates
43.96656, -92.47577

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
$5,604
Gross rental yield
10.93%
Implied cap rate
7.11%
Trend-extrapolated value

Frequently asked questions

When did 3785 Fernwood Ln last sell?
3785 Fernwood Ln most recently sold on Apr 8, 2022 for $615,000.
What is the current tax assessment for 3785 Fernwood Ln?
The most recent total assessment for 3785 Fernwood Ln (year 2025) is $665,900 with $9,784 in property tax.
How does 3785 Fernwood Ln's assessment compare to its last sale price?
The current assessment is 8.3% above the last sale price of $615,000.
When was 3785 Fernwood Ln built?
3785 Fernwood Ln was built in 2021.
How does 3785 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 3785 Fernwood Ln?
3785 Fernwood Ln is a 4 bed, 3 bath, 3,736 sqft, 13,939 sqft lot single_family.
Is 3785 Fernwood Ln a flip candidate?
Yes — 3785 Fernwood Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3785 Fernwood Ln a tax-appeal candidate?
No — 3785 Fernwood 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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