2941 Monarch Ln
Rochester, MN 55902
4 bd 4 ba 4,470 sqft Built 2021 Lot 64,469 sqft single_family
Most recent sale
$2,032,532
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 26, 2022 | Sold | $2,032,532 | MLS #6013974 |
| Jun 23, 2021 | Listing removed | $240,000 | NorthstarMLS |
| Jun 23, 2021 | Listed | $1,607,732 | MLS #6013974 |
| May 28, 2019 | Listed | $240,000 | MLS #5238115 |
| Mar 31, 2017 | Sold | $186,000 | Public Record |
| Jan 1, 2017 | Sold | $186,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $1,308,900 | $175,000 | $1,483,900 | $23,548 |
| 2023 | $109,670 | $168,210 | $277,880 | $3,546 |
| 2022 | — | $175,000 | $175,000 | $2,926 |
| 2021 | — | $175,000 | $175,000 | $2,924 |
| 2020 | — | $175,000 | $175,000 | $3,052 |
| 2019 | — | $150,000 | $150,000 | $2,598 |
| 2018 | — | $38,700 | $38,700 | $674 |
| 2017 | — | $20,100 | $20,100 | $246 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
4,470 sqft
Lot size
64,469 sqft
ZIP code
55902
City
Rochester
Street
Monarch Ln
Coordinates
43.98035, -92.48729
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,705
Gross rental yield
3.96%
Implied cap rate
2.57%
Trend-extrapolated value
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Frequently asked questions
When did 2941 Monarch Ln last sell?
2941 Monarch Ln most recently sold on Aug 26, 2022 for $2,032,532.
What is the current tax assessment for 2941 Monarch Ln?
The most recent total assessment for 2941 Monarch Ln (year 2025) is $1,483,900 with $23,548 in property tax.
How does 2941 Monarch Ln's assessment compare to its last sale price?
The current assessment is 27.0% below the last sale price of $2,032,532.
When was 2941 Monarch Ln built?
2941 Monarch Ln was built in 2021.
How does 2941 Monarch Ln compare to others on Monarch Ln?
We track 3 other properties on Monarch Ln. Browse the list under "Other properties on Monarch Ln" to compare beds, baths, and sale history.
What are the property facts for 2941 Monarch Ln?
2941 Monarch Ln is a 4 bed, 4 bath, 4,470 sqft, 64,469 sqft lot single_family.
Is 2941 Monarch Ln a flip candidate?
No — 2941 Monarch Ln does not appear in our flips dataset.
Is 2941 Monarch Ln a tax-appeal candidate?
No — 2941 Monarch 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 Monarch Ln