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123 Fallwood Rd

Redwood Falls, MN 56283

4 bd 2 ba 1,606 sqft Built 1953 Lot 8,320 sqft single_family
Most recent sale
$154,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $154,000 MLS #6227095
Jun 28, 2022 Listed $159,000 MLS #6227095
Jun 1, 2018 Sold $114,900 MLS #6029318
Feb 25, 2018 Price changed $114,900 MLS #6029318
Jan 16, 2018 Listed $120,000 MLS #6029318
Jan 1, 2018 Sold $113,100 Public Record
Aug 2, 2010 Sold $83,500 MLS #32245
Feb 16, 2010 Listed $91,500 MLS #32245

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $83,968 $1,480
2019 $79,281 $1,338
2018 $72,523 $954
2017 $50,396 $886
2016 $46,690 $890
2015 $45,600 $822
2014 $45,200 $790
2013 $45,400 $900
2012 $45,400 $920
2011 $43,700 $1,058
2010 $65,000 $10,800 $75,800 $1,054
2009 $65,800 $10,800 $76,600 $1,162

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,606 sqft
Lot size
8,320 sqft
ZIP code
56283
City
Redwood Falls
Street
Fallwood Rd
Coordinates
44.53821, -95.10422

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
$924
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 Fallwood Rd last sell?
123 Fallwood Rd most recently sold on Aug 19, 2022 for $154,000.
What is the current tax assessment for 123 Fallwood Rd?
The most recent total assessment for 123 Fallwood Rd (year 2020) is $83,968 with $1,480 in property tax.
How does 123 Fallwood Rd's assessment compare to its last sale price?
The current assessment is 45.5% below the last sale price of $154,000.
When was 123 Fallwood Rd built?
123 Fallwood Rd was built in 1953.
How does 123 Fallwood Rd compare to others on Fallwood Rd?
We track 8 other properties on Fallwood Rd. Browse the list under "Other properties on Fallwood Rd" to compare beds, baths, and sale history.
What are the property facts for 123 Fallwood Rd?
123 Fallwood Rd is a 4 bed, 2 bath, 1,606 sqft, 8,320 sqft lot single_family.
Is 123 Fallwood Rd a flip candidate?
No — 123 Fallwood Rd does not appear in our flips dataset.
Is 123 Fallwood Rd a tax-appeal candidate?
No — 123 Fallwood Rd 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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