505 Walnut St
Redwood Falls, MN 56283
4 bd 2 ba 2,240 sqft Built 1972 Lot 7,405 sqft single_family
Most recent sale
$181,000
Feb 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2024 | Sold | $190,000 | NorthstarMLS |
| Feb 22, 2022 | Sold | $181,000 | MLS #6093082 |
| Aug 31, 2021 | Listed | $199,900 | MLS #6093082 |
| Feb 23, 2019 | Listing removed | $185,900 | NorthstarMLS |
| May 27, 2010 | Sold | $130,000 | MLS #27487 |
| Feb 24, 2010 | Price changed | $147,000 | MLS #27487 |
| Feb 13, 2010 | Price changed | $159,900 | MLS #27487 |
| Jun 18, 2009 | Price changed | $164,000 | MLS #27487 |
| Jul 23, 2008 | Listed | $169,900 | MLS #27487 |
| Feb 18, 2008 | Listing removed | $185,900 | Willmar |
| Aug 17, 2007 | Listed | $185,900 | MLS #5158447 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $105,441 | $1,826 |
| 2019 | — | — | $99,664 | $1,780 |
| 2018 | — | — | $99,010 | $1,702 |
| 2017 | — | — | $95,849 | $1,664 |
| 2016 | — | — | $94,432 | $1,676 |
| 2015 | — | — | $93,669 | $1,524 |
| 2014 | — | — | $91,700 | $1,488 |
| 2013 | — | — | $92,100 | $1,700 |
| 2012 | — | — | $92,100 | $1,800 |
| 2011 | — | — | $91,900 | $2,052 |
| 2010 | $116,200 | $14,000 | $130,200 | $2,032 |
| 2009 | $116,700 | $14,000 | $130,700 | $2,184 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,240 sqft
Lot size
7,405 sqft
ZIP code
56283
City
Redwood Falls
Street
Walnut St
Coordinates
44.54527, -95.11236
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
$1,086
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Walnut St last sell?
505 Walnut St most recently sold on Feb 22, 2022 for $181,000.
What is the current tax assessment for 505 Walnut St?
The most recent total assessment for 505 Walnut St (year 2020) is $105,441 with $1,826 in property tax.
How does 505 Walnut St's assessment compare to its last sale price?
The current assessment is 41.7% below the last sale price of $181,000.
When was 505 Walnut St built?
505 Walnut St was built in 1972.
How does 505 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 505 Walnut St?
505 Walnut St is a 4 bed, 2 bath, 2,240 sqft, 7,405 sqft lot single_family.
Is 505 Walnut St a flip candidate?
No — 505 Walnut St does not appear in our flips dataset.
Is 505 Walnut St a tax-appeal candidate?
No — 505 Walnut St 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 Walnut St