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420 3rd St

Redwood Falls, MN 56283

2 bd 3 ba 2,536 sqft Built 1918 Lot 7,275 sqft single_family
Most recent sale
$134,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $134,000 MLS #6154290
Feb 18, 2022 Listed $135,000 MLS #6154290
Sep 25, 2020 Sold $118,000 MLS #5283212
Feb 18, 2020 Relisted $125,000 MLS #5283212
Feb 16, 2020 Listing removed $125,000 NorthstarMLS
Aug 23, 2019 Listed $125,000 MLS #5283212
Apr 9, 2019 Listing removed $89,000 NorthstarMLS
Mar 5, 2019 Listing removed $89,000 Willmar
Nov 7, 2018 Listed $89,000 MLS #6032867

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,537 $2,178
2023 $97,484 $1,516
2022 $96,939 $1,604
2021 $91,707 $1,548
2020 $83,600 $1,500
2019 $48,870 $944
2018 $45,927 $880
2017 $44,520 $850
2016 $44,820 $876
2015 $44,700 $814
2014 $44,600 $776
2013 $44,600 $886
2012 $43,000 $906
2011 $67,200 $8,000 $75,200 $1,050
2010 $67,300 $8,000 $75,300 $1,034

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
2
Baths
3
Living area
2,536 sqft
Lot size
7,275 sqft
ZIP code
56283
City
Redwood Falls
Street
3rd St
Coordinates
44.53934, -95.11325

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
$804
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 420 3rd St last sell?
420 3rd St most recently sold on Jun 14, 2022 for $134,000.
What is the current tax assessment for 420 3rd St?
The most recent total assessment for 420 3rd St (year 2025) is $132,537 with $2,178 in property tax.
How does 420 3rd St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $134,000.
When was 420 3rd St built?
420 3rd St was built in 1918.
How does 420 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 420 3rd St?
420 3rd St is a 2 bed, 3 bath, 2,536 sqft, 7,275 sqft lot single_family.
Is 420 3rd St a flip candidate?
No — 420 3rd St does not appear in our flips dataset.
Is 420 3rd St a tax-appeal candidate?
No — 420 3rd 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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