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206 5th St

Redwood Falls, MN 56283

3 bd 1 ba 1,221 sqft Built 1902 Lot 7,275 sqft single_family
Most recent sale
$106,200
Apr 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 27, 2022 Sold $106,200 MLS #6158538
Mar 2, 2022 Listed $98,900 MLS #6158538
Mar 31, 2015 Sold $25,000 MLS #6008986
Feb 25, 2015 Listed $28,000 MLS #6008986
May 29, 2014 Sold $31,500 MLS #131922
Aug 31, 2012 Sold $31,500 Public Record
Jul 9, 2012 Listing removed $27,000 GreaterLakes
Jun 29, 2012 Listed $27,000 MLS #RASM131922
May 1, 2008 Sold $41,500 Public Record
Aug 9, 2007 Listing removed $121,900 Willmar
May 2, 2007 Listed $121,900 MLS #22933

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,426 $1,212
2023 $53,884 $898
2022 $52,300 $870
2021 $49,500 $840
2020 $47,900 $888
2019 $44,200 $812
2018 $32,300 $8,200 $40,500 $742
2017 $30,300 $8,200 $38,500 $702
2016 $29,700 $8,000 $37,700 $690
2015 $44,500 $8,000 $52,500 $868
2014 $31,600 $562
2013 $32,000 $648
2012 $33,100 $706
2011 $50,400 $8,000 $58,400 $824
2010 $51,300 $8,000 $59,300 $824

Property facts

Year built
1902
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,221 sqft
Lot size
7,275 sqft
ZIP code
56283
City
Redwood Falls
Street
5th St
Coordinates
44.53757, -95.11740

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
$637
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 206 5th St last sell?
206 5th St most recently sold on Apr 27, 2022 for $106,200.
What is the current tax assessment for 206 5th St?
The most recent total assessment for 206 5th St (year 2025) is $69,426 with $1,212 in property tax.
How does 206 5th St's assessment compare to its last sale price?
The current assessment is 34.6% below the last sale price of $106,200.
When was 206 5th St built?
206 5th St was built in 1902.
How does 206 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 206 5th St?
206 5th St is a 3 bed, 1 bath, 1,221 sqft, 7,275 sqft lot single_family.
Is 206 5th St a flip candidate?
No — 206 5th St does not appear in our flips dataset.
Is 206 5th St a tax-appeal candidate?
No — 206 5th 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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