As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$412,688 (−1.0%)
$3,570,800 + $21,207,300
$24,778,100
2025
$416,954 (+10.0%)
$3,570,800 + $21,207,300
$24,778,100
2024
$379,046 (−0.7%)
$3,570,800 + $21,207,300
$24,778,100
2023
$381,890 (−1.1%)
$1,785,400 + $22,992,700
$24,778,100
2022
$386,188 (−4.2%)
$1,785,400 + $21,315,900
$23,101,300
2021
$403,058 (−4.2%)
$1,785,400 + $22,341,100
$24,126,500
2020
$420,660 (+36.8%)
$1,785,400 + $22,341,100
$24,126,500
2019
$307,472 (+51.0%)
$1,785,400 + $15,973,400
$17,758,800
2018
$203,620 (+546.8%)
$1,785,400 + $9,907,500
$11,692,900
2017
$31,480 (+2.5%)
$1,785,400
2015
$30,722 (+1.1%)
$1,785,400
2014
$30,394
$1,785,400
Tax history for 5520 Ballington Rd NW
Year
Property tax
Land + Additions
Assessment*
2026
$412,688 (−1.0%)
$3,570,800 + $21,207,300
$24,778,100
2025
$416,954 (+10.0%)
$3,570,800 + $21,207,300
$24,778,100
2024
$379,046 (−0.7%)
$3,570,800 + $21,207,300
$24,778,100
2023
$381,890 (−1.1%)
$1,785,400 + $22,992,700
$24,778,100
2022
$386,188 (−4.2%)
$1,785,400 + $21,315,900
$23,101,300
2021
$403,058 (−4.2%)
$1,785,400 + $22,341,100
$24,126,500
2020
$420,660 (+36.8%)
$1,785,400 + $22,341,100
$24,126,500
2019
$307,472 (+51.0%)
$1,785,400 + $15,973,400
$17,758,800
2018
$203,620 (+546.8%)
$1,785,400 + $9,907,500
$11,692,900
2017
$31,480 (+2.5%)
$1,785,400
2015
$30,722 (+1.1%)
$1,785,400
2014
$30,394
$1,785,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R3
Medium Density Residential District
The R-3 district is intended to maintain and promote predominantly multifamily residential dwellings. It is appropriate for medium-density areas or existing low-density areas where there is a need to encourage higher-density redevelopment. Certain supportive non-residential uses and civic uses, consistent with the character of the area are permitted
Permitted uses
Include but are not limited to:
No uses permitted by right
Jul 15, 2019 • Final
Multi-family electrical
Install electrical wiring for door openers in a covered walkway.
Electrical
May 23, 2019 • Final
Commercial electrical
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Heating Type: Forced Air
Exterior
Exterior Information
Exterior Wall: Stone Veneer
Roof Covering Type: Composition Shingle
Roof Shape Type: Gable
Building Type: Apartment
Property Information
Subdivision Name: THE HOMESTEAD SECOND
Legal Description: SECT-10 TWP-107 RANGE-014 THE HOMESTEAD SECOND LOT-001 BLOCK-002
Lot Information
# of Buildings: 1
Land Sq. Ft: 595,030
Legal Lot Number: 1
Legal Block Number: 2
Municipality Name: ROCHESTER
Acres: 13.66
County Use Description: 4A APARMENT 4 OR MORE UNITS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: ROCHESTER CITY 0535
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 13.66 acres
Style: Multi-Family (5+ Unit)
Year Built: 2016
Year Renovated: —
County: Olmsted County
APN: 741034080872
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
K - 12
Preschool & daycare
Overland Elementary School
Public PreK-5 • Assigned • 0.6mi
6/10
Dakota Middle School
Public 6-8 • Assigned • 2.8mi
3/10
Century Senior High School
Public 9-12 • Assigned • 4.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rochester, MN • 55901
Average low and high temperatures (°F)
23
7
31
14
50
29
58
38
71
49
79
60
84
66
79
61
75
55
63
45
45
31
30
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.6 hours in December, placing it below the
U.S. average for solar exposure.