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5031 Scarlet Ln

Rochester, MN 55904

2 bd 3 ba 1,637 sqft Built 2007 Lot 1,045 sqft townhomes
Most recent sale
$256,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 1, 2024 Sold $260,000 NorthstarMLS
May 17, 2022 Sold $256,000 Public Record
May 10, 2022 Listed $245,000 MLS #6168081
May 9, 2022 Sold $256,000 MLS #6168081
Mar 23, 2022 Listed $245,000 MLS #6168081
Dec 28, 2007 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $185,500 $40,700 $226,200 $3,250
2023 $161,250 $34,340 $195,590 $2,514
2022 $143,388 $33,775 $177,163 $2,474
2021 $122,280 $30,680 $152,960 $2,152
2020 $122,280 $30,680 $152,960 $2,166
2019 $121,620 $26,120 $147,740 $2,000
2018 $119,380 $17,130 $136,510 $1,722
2017 $106,800 $9,100 $115,900 $1,750
2016 $106,800 $9,100 $115,900 $1,734
2015 $103,600 $9,000 $112,600 $1,616
2014 $103,600 $9,000 $112,600 $1,536
2013 $100,200 $8,900 $109,100 $1,592
2012 $100,164 $8,936 $109,100 $1,570
2011 $100,164 $8,936 $109,100 $1,508
2010 $123,300 $11,000 $134,300 $1,518
2009 $127,200 $11,000 $138,200 $1,482

Property facts

Year built
2007
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,637 sqft
Lot size
1,045 sqft
ZIP code
55904
City
Rochester
Street
Scarlet Ln
Coordinates
43.94882, -92.45990

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,456
Gross rental yield
11.51%
Implied cap rate
7.48%
Trend-extrapolated value

Frequently asked questions

When did 5031 Scarlet Ln last sell?
5031 Scarlet Ln most recently sold on May 17, 2022 for $256,000.
What is the current tax assessment for 5031 Scarlet Ln?
The most recent total assessment for 5031 Scarlet Ln (year 2025) is $226,200 with $3,250 in property tax.
How does 5031 Scarlet Ln's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $256,000.
When was 5031 Scarlet Ln built?
5031 Scarlet Ln was built in 2007.
How does 5031 Scarlet Ln compare to others on Scarlet Ln?
We track 2 other properties on Scarlet Ln. Browse the list under "Other properties on Scarlet Ln" to compare beds, baths, and sale history.
What are the property facts for 5031 Scarlet Ln?
5031 Scarlet Ln is a 2 bed, 3 bath, 1,637 sqft, 1,045 sqft lot townhomes.
Is 5031 Scarlet Ln a flip candidate?
No — 5031 Scarlet Ln does not appear in our flips dataset.
Is 5031 Scarlet Ln a tax-appeal candidate?
No — 5031 Scarlet 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
+1.5%
Implied 1-yr
+6.1%
2026 Q3
$336.4K
2026 Q4
$341K
ZIP 55904 — Median Price History + Forecast

Explore nearby

Other properties on Scarlet Ln