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2216 Patch Cres

Red Wing, MN 55066

3 bd 2 ba 1,544 sqft Built 1988 Lot 15,682 sqft single_family
Most recent sale
$290,000
Nov 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2021 Sold $290,000 MLS #6111205
Oct 15, 2021 Listed $265,000 MLS #6111205
Aug 1, 2018 Sold $209,500 MLS #4966312
Jun 12, 2018 Listed $209,500 MLS #4966312
Nov 4, 2010 Sold $145,000 MLS #3927170
Aug 31, 2010 Price changed $159,900 MLS #3927170
Jul 8, 2010 Price changed $165,000 MLS #3927170
Jun 23, 2010 Price changed $175,000 MLS #3927170
Jun 15, 2010 Price changed $185,000 MLS #3927170
May 19, 2010 Listed $190,000 MLS #3927170
Jan 26, 1996 Sold $107,250 MLS #1152381
Oct 23, 1995 Listed $109,900 MLS #1152381

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $174,156 $51,844 $226,000 $3,096
2022 $139,711 $50,489 $190,200 $2,886
2021 $129,114 $49,986 $179,100 $2,692
2020 $115,169 $49,231 $164,400 $2,660
2019 $117,035 $47,365 $164,400 $2,628
2018 $95,608 $45,992 $141,600 $2,128
2017 $94,490 $45,910 $140,400 $2,086
2016 $135,000 $1,916
2015 $128,700 $1,846
2014 $83,630 $45,070 $128,700 $1,904
2013 $93,087 $45,813 $138,900 $2,022
2012 $95,512 $45,988 $141,500 $2,178
2011 $110,200 $55,400 $165,600 $2,046
2010 $110,200 $55,400 $165,600 $2,142
2008 $175,500 $2,060
2006 $166,400 $2,018

Property facts

Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,544 sqft
Lot size
15,682 sqft
ZIP code
55066
City
Red Wing
Street
Patch Cres
Coordinates
44.53990, -92.53390

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,316
Gross rental yield
9.58%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 2216 Patch Cres last sell?
2216 Patch Cres most recently sold on Nov 22, 2021 for $290,000.
What is the current tax assessment for 2216 Patch Cres?
The most recent total assessment for 2216 Patch Cres (year 2023) is $226,000 with $3,096 in property tax.
How does 2216 Patch Cres's assessment compare to its last sale price?
The current assessment is 22.1% below the last sale price of $290,000.
When was 2216 Patch Cres built?
2216 Patch Cres was built in 1988.
How does 2216 Patch Cres compare to others on Patch Cres?
We track 5 other properties on Patch Cres. Browse the list under "Other properties on Patch Cres" to compare beds, baths, and sale history.
What are the property facts for 2216 Patch Cres?
2216 Patch Cres is a 3 bed, 2 bath, 1,544 sqft, 15,682 sqft lot single_family.
Is 2216 Patch Cres a flip candidate?
No — 2216 Patch Cres does not appear in our flips dataset.
Is 2216 Patch Cres a tax-appeal candidate?
No — 2216 Patch Cres 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
+1.2%
Implied 1-yr
+5.0%
2026 Q3
$291.2K
2026 Q4
$294.5K
ZIP 55066 — Median Price History + Forecast

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