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519 2nd St

Redwood Falls, MN 56283

3 bd 2 ba 1,445 sqft Built 1938 Lot 6,970 sqft single_family
Most recent sale
$150,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $150,000 MLS #6175891
Apr 7, 2022 Listed $150,000 MLS #6175891
Feb 23, 2019 Listing removed $93,000 NorthstarMLS
Mar 31, 2015 Sold $80,500 MLS #6005633
Oct 28, 2014 Price changed $82,500 MLS #6005633
Jul 2, 2014 Price changed $87,700 MLS #6005633
Mar 27, 2014 Listed $98,500 MLS #6005633
Jan 21, 2010 Listing removed $93,000 Willmar
Oct 17, 2009 Price changed $93,000 MLS #28886
Jan 21, 2009 Listed $93,000 MLS #5158217

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $126,869 $2,092
2023 $84,513 $1,332
2022 $70,016 $1,194
2021 $61,078 $1,076
2020 $54,538 $1,060
2019 $53,666 $1,024
2018 $52,140 $982
2017 $50,941 $954
2016 $50,723 $974
2015 $76,300 $8,000 $84,300 $1,354
2014 $79,800 $8,000 $87,800 $1,370
2013 $79,800 $8,000 $87,800 $1,562
2012 $78,700 $8,000 $86,700 $1,640
2011 $83,300 $8,000 $91,300 $1,630
2010 $83,400 $8,000 $91,400 $1,612

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,445 sqft
Lot size
6,970 sqft
ZIP code
56283
City
Redwood Falls
Street
2nd St
Coordinates
44.54073, -95.11188

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 519 2nd St last sell?
519 2nd St most recently sold on Jun 10, 2022 for $150,000.
What is the current tax assessment for 519 2nd St?
The most recent total assessment for 519 2nd St (year 2025) is $126,869 with $2,092 in property tax.
How does 519 2nd St's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $150,000.
When was 519 2nd St built?
519 2nd St was built in 1938.
How does 519 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 519 2nd St?
519 2nd St is a 3 bed, 2 bath, 1,445 sqft, 6,970 sqft lot single_family.
Is 519 2nd St a flip candidate?
No — 519 2nd St does not appear in our flips dataset.
Is 519 2nd St a tax-appeal candidate?
No — 519 2nd St 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$198.8K
2026 Q4
$196.5K
ZIP 56283 — Median Price History + Forecast

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