512 3rd Ave SW, Rochester, MN 55902 Property Records

Olmsted County property record for 512 3rd Ave SW, Rochester, MN 55902

Property Summary

Property TypeApartments (5+ Units)
Details23 ba · 8,652 sqft · built 1962
Lot Size0.228 acres (9,932 sqft)
OwnerCompany Name on File
Last Sale$1,050,000 (Jan 2018)
Tax Bill$22,404 (2026)
Deeds & MortgagesNov 2017 Mortgage
Jul 2022 Sale
+ 1 more
Flood ZoneZone X (minimal risk)
APN64.02.13.017713

Property Details

APN / Parcel Number

Primary APN64.02.13.017713

Interior

Building Area8,652 sqft Living Area
1st Floor Area2,884 sqft
FlooringCarpet

Exterior

Year BuiltBuilt 1962
Effective Year BuiltEffective 1985
Exterior MaterialWood
Roof TypeFlat
Roof MaterialBuilt-Up Asphalt
Lot Area9,932 sqft (0.228 acres)

Utilities, Heating & Cooling

Heating SystemBaseboard
Heating FuelElectric

Location & Zoning

Street Address512 3RD AVE SW
CityROCHESTER
StateMN
Zip55902-3341
Property CategoryResidential
Property TypeResidential > Multi-Unit > Apartments (5+ Units)
Legal DescriptionSECT-02 TWP-106 RANGE-014 ORIGINAL PLAT (CITY OF ROCH)-P LOT-010 LOT 10 AND N 12 LOT 11 BLK 2
Legal Range14
Legal Township106
Legal Section02
Legal SubdivisionORIGINAL PLAT (CITY OF ROCH)-PT TORRENS
Legal Block2
Legal Lot Number10
JurisdictionOLMSTED MN
Township / Civil DivisionROCHESTER
Census Block Group2
Census Block2028
Census Tract100

Owner

512 3rd Ave SW, a residential property, is owned by a company that bought it in January 2018.

Source: Olmsted County records, as of August 18, 2026

Owner of RecordCompany Name on File
Mailing Address700 MEADOW LN N, MINNEAPOLIS, MN 55422-4817
Owner TypeCompany
VestingCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Nov 6, 2017Deed of Trust, Mortgage · Stand-Alone First Mortgage
PREMIER BANK
Jul 15, 2022Warranty Deed, Transfer
FIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO
Jan 30, 2018Warranty Deed, Transfer · Line of Credit
FINE ISLAND BANK

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJan 30, 2018 · Amount on File
Deed SaleJan 30, 2018 · Amount on File
Prior SaleSep 10, 2013 · Amount on File
Deed Document Number20181442529
Record UpdatedSep 20, 2026

November 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionOLMSTED MN
Property Address512 3RD AVE SW, ROCHESTER, MN 55902-3341
Transaction TypeMortgage
Record UpdatedAug 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number00A1437097
DateNov 6, 2017
InstrumentA-1437097
Lender
NamePREMIER BANK
TypeBank
AddressROCHESTER, MN 55902
Agreement
TypeStand-Alone First Mortgage
AmountAmount on Record

July 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionOLMSTED MN
Recording DateJul 15, 2022
Property Address512 3RD AVE SW, ROCHESTER, MN 55902-3341
Document Number00A1569877
Instrument DateJul 15, 2022
InstrumentA-1569877
Transaction TypeTransfer
Record UpdatedAug 24, 2022
Title CompanyFIRST AMERICAN TITLE, FIRST AMERICAN TITLE INS CO

Transaction

AmountAmount on Record
Tax$7,095.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address700 MEADOW LN N, MINNEAPOLIS, MN 55422-4837

January 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionOLMSTED MN
Recording DateJan 30, 2018
Property Address512 3RD AVE SW, ROCHESTER, MN 55902-3341
Document Number00A1442529
Instrument DateDec 28, 2017
InstrumentA-1442529
Transaction TypeTransfer
Record UpdatedAug 15, 2022

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$3,465.00
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 6424, ROCHESTER, MN 55903-6424

Mortgage

Document Number00A1442530
DateJan 30, 2018
InstrumentA-1442530
Lender
NameFINE ISLAND BANK
Agreement
TypeLine of Credit
AmountAmount on Record
Term300 Months
DueJan 5, 2043

Tax Assessment & Valuation

The 2026 property tax bill for 512 3rd Ave SW was $22,404.

Source: Olmsted County assessment roll, as of July 30, 2026

Property Jurisdictions

TypeName
StateMinnesota
CountyOlmsted County
MunicipalityRochester City
Unified School DistrictRochester Public School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$22,404.00
2025$1,345,100 Land $429,100 Building $916,000$1,345,100 Land $429,100 Building $916,000

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 512 3rd Ave SW in Zone X, an area of minimal flood risk, though there have been 12 flood claims nearby since 1978.

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 10 (0% premium discount)
Nearby Flood Policies2 in force
Nearby Flood Claims12 (1978–1986)
Claims Outside the SFHA1 of 12
Most Recent ClaimSep 1986 · river or lake flooding

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 512 3rd Ave SW is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.1% of the US · lower than 96% of Minnesota
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemRochester
serves 123,624 people · EPA ID MN1550010
Water SourceGroundwater
Last State InspectionNov 2025
Lead7 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 168 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Metronet
Fiber
5,120 / 5,120
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
Hiawatha Broadband Communications
Fixed Wireless
100 / 20
T-Mobile
Fixed Wireless
100 / 20

May also be available: CenturyLink, Minnesota WiFi.

Nearby Properties on 3rd Ave SW

Nearby Streets

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