NOT LISTED FOR SALE

319 E Wyoming St Redwood Falls, MN 56283

Estimated Value: $103,626 - $178,000

3 Beds
3 Baths
2,324 Sq Ft
$62/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $76,000 $33 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $894/month

114 Days on Market

About This Home

As of November 2023

This is a great opportunity to invest in a rental property. There are 3 units here. You can live in the main level 2 bedroom unit and rent out the other 2, or rent out all 3. The units upstairs are a 1 bedroom and a studio. You could also use the whole property for your family. So many possibilities. There is a lot of character in this home. With some TLC, you can make this into a beautiful home.

Last Agent to Sell the Property

Jan Raddatz

Re/Max Realty Plus Brokerage Phone: 507-828-1773 Listed on: 08/01/2023

Re/Max Realty Plus

Last Buyer's Agent

Paia Wiese

Minnesota Lands and Homes Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,104

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 105 x 120
  • Corner Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Triplex

Interior Spaces

  • 2,324 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Stone or Rock in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Side Porch

Utilities

  • Boiler Heating System
  • 200+ Amp Service

Community Details

  • 3 Units
  • Hitchcocks Add Subdivision

Listing and Financial Details

  • Tenant pays for cable TV
  • The owner pays for electricity, gas, insurance, grounds care, repairs, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 884221260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,104

Year Built

Built in 1894

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1894
  • Above Grade Finished Sq Ft: 2324
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 507-828-1773
  • Attribution Contact: 507-828-1773
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock, Unfinished
  • Living Area: 2324
  • Owner Pays: Electricity, Gas, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Basement YN: Yes
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Appliances: Range
  • Total Rooms: 4
  • Number Of Fireplaces: 0
  • Number Of Fireplaces: 0
  • Total Rooms: 3

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Side Porch

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 720

Utilities

  • Heating: Boiler, Radiator(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Redwood Area Schools
  • SchoolDistrictNumber: 2897
  • SchoolDistrictPhone: 507-644-8064

Lot Info

  • Lot Size: 105 x 120
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate
  • Units Total: 3

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 884221260
  • Tax Annual Amount: 1104
  • TaxWithAssessments: 1172.0000

Multi Family

  • TenantPays: Cable TV
  • Number Of Refrigerators: Three

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2023 11/30/23 Sold $76,000 -7.9% $33 / Sq Ft
11/26/2023 11/26/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $82,500 0.0% $35 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $82,500 -- $35 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,526 $117,800 $19,400 $98,400
2024 $1,480 $125,200 $19,400 $105,800
2023 $1,172 $120,000 $19,400 $100,600
2022 $1,098 $101,300 $19,400 $81,900
2021 $942 $92,500 $19,400 $73,100
2020 $1,012 $82,300 $16,100 $66,200
2019 $976 $81,600 $14,000 $67,600
2018 $850 $80,800 $13,800 $67,000
2017 $836 $0 $0 $0
2016 $830 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6411792

NorthstarMLS

APN: 88-422-1260