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715 3rd St

Redwood Falls, MN 56283

2 bd 2 ba 1,085 sqft Built 1947 Lot 6,970 sqft single_family
Most recent sale
$85,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $85,000 MLS #6193498
Jun 3, 2022 Price changed $88,900 MLS #6193498
May 10, 2022 Listed $94,900 MLS #6193498
Sep 1, 2006 Sold $49,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $35,040 $710
2019 $34,920 $690
2018 $34,560 $604
2017 $30,300 $588
2016 $29,640 $600
2015 $29,520 $556
2014 $29,300 $530
2013 $29,600 $602
2012 $29,600 $646
2011 $30,100 $778
2010 $44,700 $10,300 $55,000 $738
2009 $42,500 $10,300 $52,800 $790

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,085 sqft
Lot size
6,970 sqft
ZIP code
56283
City
Redwood Falls
Street
3rd St
Coordinates
44.53986, -95.10888

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
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 715 3rd St last sell?
715 3rd St most recently sold on Aug 5, 2022 for $85,000.
What is the current tax assessment for 715 3rd St?
The most recent total assessment for 715 3rd St (year 2020) is $35,040 with $710 in property tax.
How does 715 3rd St's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $85,000.
When was 715 3rd St built?
715 3rd St was built in 1947.
How does 715 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 715 3rd St?
715 3rd St is a 2 bed, 2 bath, 1,085 sqft, 6,970 sqft lot single_family.
Is 715 3rd St a flip candidate?
No — 715 3rd St does not appear in our flips dataset.
Is 715 3rd St a tax-appeal candidate?
No — 715 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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