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623 3rd St

Redwood Falls, MN 56283

4 bd 3 ba 3,036 sqft Built 1938 Lot 7,275 sqft single_family
Most recent sale
$198,500
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $198,500 MLS #6147646
Feb 1, 2022 Listed $199,000 MLS #6147646
Jul 19, 2018 Sold $175,000 MLS #6030600
May 14, 2018 Listed $189,000 MLS #4953969
Jan 1, 2018 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $95,086 $2,306
2019 $127,895 $1,378
2018 $74,921 $1,334
2017 $73,395 $1,314
2016 $72,850 $1,322
2015 $71,978 $1,224
2014 $71,900 $1,196
2013 $72,500 $1,368
2012 $72,700 $1,470
2011 $73,700 $1,628
2010 $97,000 $10,000 $107,000 $1,606
2009 $97,100 $10,000 $107,100 $1,730

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,036 sqft
Lot size
7,275 sqft
ZIP code
56283
City
Redwood Falls
Street
3rd St
Coordinates
44.53986, -95.11002

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,191
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 623 3rd St last sell?
623 3rd St most recently sold on Apr 1, 2022 for $198,500.
What is the current tax assessment for 623 3rd St?
The most recent total assessment for 623 3rd St (year 2020) is $95,086 with $2,306 in property tax.
How does 623 3rd St's assessment compare to its last sale price?
The current assessment is 52.1% below the last sale price of $198,500.
When was 623 3rd St built?
623 3rd St was built in 1938.
How does 623 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 623 3rd St?
623 3rd St is a 4 bed, 3 bath, 3,036 sqft, 7,275 sqft lot single_family.
Is 623 3rd St a flip candidate?
No — 623 3rd St does not appear in our flips dataset.
Is 623 3rd St a tax-appeal candidate?
No — 623 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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