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TownhouseResidential
$206,870$172 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 82How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $230,500 on Sep 26, 2023

3038 RIVER FALLS RD NW

ROCHESTER, MN 55901
2
Beds
2
Baths
1,200 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1,568 ft²
Lot SizeThe size of the land the home sits on, from county records.
2002
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$207K
$170K low$244K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$230,500 · Sep 26, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,924 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$204,700 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$35,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$169,200
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$225,400
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$230,500

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.33
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
62
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
53
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
44
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.undetermined

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Townhouse
StyleThe architectural style of the home, such as ranch or colonial.Townhouse
CountyOLMSTED
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.2005
Lot (acres)The size of the land the home sits on, from county records.0.04
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 56 ft²Porch · 40 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Sunset Terrace Elementary SchoolC+
Elementary · Grades PK–5 · 2.1 mi
H
John Marshall High SchoolC+
High · Grades 9–12 · 2.7 mi
M
Dakota Middle SchoolD
Middle · Grades 6–8 · 7.5 mi

District: Rochester Public School District

Neighborhood · ZIP 55901These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.86
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.81
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.13

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.7%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.8%
PopulationHow many people live in this area.56,778
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.1,894 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$90,004
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$104,974
Average tempThe average temperature here across a full year.44°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

3038 River Falls Rd Nw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 84% of homes in Rochester 55901
  • Costs less per square foot than 80% of homes in Rochester 55901
  • Has a smaller lot than 92% of homes in Rochester 55901
  • Newer than 77% of homes in Rochester 55901

What homes are worth in Rochester 55901

Each bar is how many homes fall in that price range. The marker is this home.

This home
$108K$635K

This home is worth more than 16% of homes in Rochester 55901.

How it measures up in Rochester 55901

The dot is this home. The mark in the middle is the typical home in Rochester 55901.

Estimated value$206,870
CheaperTypical $289,406Pricier

Pricier than 16% of homes nearby

Price per ft²$172
CheaperTypical $221Pricier

Pricier than 20% of homes nearby

Living area1,200 ft²
SmallerTypical 1,220 ft²Bigger

Bigger than 48% of homes nearby

Lot size1,568 ft²
SmallerTypical 0.19 acBigger

Bigger than 8% of homes nearby

Year built2002
OlderTypical 1990Newer

Newer than 77% of homes nearby

How 3038 River Falls Rd Nw ranks against every home in each area.
MeasureThis homeRochester 55901Olmsted County
Estimated valuepricier than$206,87016% of homes16% of homes
Price per ft²pricier than$17220% of homes22% of homes
Living areabigger than1,200 ft²48% of homes38% of homes
Lot sizebigger than1,568 ft²8% of homes8% of homes
Year builtnewer than200277% of homes76% of homes

About 3038 River Falls Rd Nw

How much is 3038 River Falls Rd Nw, Rochester, MN worth?

The TopHap Estimate for 3038 River Falls Rd Nw, Rochester, MN is $206,870 as of Aug 30, 2026. The likely range is $169,560 to $244,180. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 3038 River Falls Rd Nw, Rochester, MN last sell?

3038 River Falls Rd Nw, Rochester, MN last sold on Sep 26, 2023 for $230,500, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 3038 River Falls Rd Nw, Rochester, MN?

3038 River Falls Rd Nw, Rochester, MN has 2 bedrooms, 2 bathrooms, 1,200 square feet of living space and a 0.04-acre lot.

When was 3038 River Falls Rd Nw, Rochester, MN built?

3038 River Falls Rd Nw, Rochester, MN was built in 2002, making it 24 years old. It is a townhouse home. The building has 2 stories.

What schools serve 3038 River Falls Rd Nw, Rochester, MN?

3038 River Falls Rd Nw, Rochester, MN is assigned to Sunset Terrace Elementary School (elementary), rated C+; John Marshall High School (high), rated C+; Dakota Middle School (middle), rated D. All sit in Rochester Public School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 3038 River Falls Rd Nw, Rochester, MN compare to other homes in Rochester 55901?

Among the 19,083 homes in Rochester 55901, it is worth more than 16% of them ($206,870 against a typical $289,406), its price per square foot is higher than 20% of them ($172 against a typical $221), it is bigger than 48% of them (1,200 ft² against a typical 1,220 ft²), its lot is bigger than 8% of them (1,568 ft² against a typical 0.19 ac) and it is newer than 77% of them (2002 against a typical 1990). Measured against all of Olmsted County, it is worth more than 16% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 3038 River Falls Rd Nw, Rochester, MN?

The 2026 property tax bill for 3038 River Falls Rd Nw, Rochester, MN was $2,924. The county assessed it at $204,700.

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