505 Morten Dr
Redwood Falls, MN 56283
4 bd 2 ba 2,700 sqft Built 1983 Lot 12,023 sqft single_family
Most recent sale
$339,000
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 24, 2024 | Sold | $355,000 | NorthstarMLS |
| Apr 5, 2024 | Listed | $374,900 | NorthstarMLS |
| Aug 15, 2022 | Sold | $339,000 | MLS #6192114 |
| Jun 28, 2022 | Price changed | $359,000 | MLS #6192114 |
| Jun 14, 2022 | Price changed | $369,000 | MLS #6192114 |
| May 9, 2022 | Listed | $379,000 | MLS #6192114 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $185,556 | $2,952 |
| 2020 | — | — | $166,372 | $2,886 |
| 2019 | — | — | $162,121 | $2,656 |
| 2018 | — | — | $151,548 | $2,502 |
| 2017 | — | — | $144,245 | $2,396 |
| 2016 | — | — | $139,231 | $2,400 |
| 2015 | — | — | $138,141 | $2,214 |
| 2014 | — | — | $137,500 | $2,150 |
| 2013 | — | — | $136,300 | $2,456 |
| 2012 | — | — | $136,300 | $2,584 |
| 2011 | — | — | $134,900 | $2,674 |
| 2010 | $142,200 | $22,000 | $164,200 | $2,638 |
| 2009 | $142,200 | $22,000 | $164,200 | $2,826 |
Property facts
Year built
1983
Property type
single_family
Stories
4
Beds
4
Baths
2
Living area
2,700 sqft
Lot size
12,023 sqft
ZIP code
56283
City
Redwood Falls
Street
Morten Dr
Coordinates
44.53540, -95.09917
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,050
Gross rental yield
14.34%
Implied cap rate
9.32%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Morten Dr last sell?
505 Morten Dr most recently sold on Aug 15, 2022 for $339,000.
What is the current tax assessment for 505 Morten Dr?
The most recent total assessment for 505 Morten Dr (year 2022) is $185,556 with $2,952 in property tax.
How does 505 Morten Dr's assessment compare to its last sale price?
The current assessment is 45.3% below the last sale price of $339,000.
When was 505 Morten Dr built?
505 Morten Dr was built in 1983.
How does 505 Morten Dr compare to others on Morten Dr?
We track 8 other properties on Morten Dr. Browse the list under "Other properties on Morten Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Morten Dr?
505 Morten Dr is a 4 bed, 2 bath, 2,700 sqft, 12,023 sqft lot single_family.
Is 505 Morten Dr a flip candidate?
No — 505 Morten Dr does not appear in our flips dataset.
Is 505 Morten Dr a tax-appeal candidate?
No — 505 Morten Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$198.8K
2026 Q4
$196.5K
ZIP 56283 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Morten Dr