$225,000
SOLD APR 24, 2026

320 W 7th St Red Wing, MN 55066

3 Beds
2 Baths
1,714 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: April 24, 2026

$131 Per Sq Ft

10% Above List Price

63 Days on Market

Highlights

  • 2 Car Detached Garage
  • Wheelchair Ramps
  • Wood Siding
  • Patio
  • Forced Air Heating System

About This Home

As of April 2026

Great income opportunity! The main level unit of this Duplex has 2 bedrooms, a living room, dining room, full bath, kitchen, and pantry. The owners put in luxury vinyl planking throughout the main floor unit and painted the entire interior this past summer. The bathroom was completely redone with new flooring, toilet and vanity. A new countertop was installed in the kitchen. The range and refrigerator have been replaced in the last 2 years. The upper level unit is fully furnished and the items are negotiable. This unit has a large eat in kitchen / living and dining area, one bedroom that has space for an office area, and a full bath that has a newer stackable washer and dryer in it. The entryway to the building has new vinyl planking and fresh paint. The water heater and whole building water softener system were installed in 2020. There is a detached 2 car garage with an upper level storage room.

Last Agent to Sell the Property

Neal Topliff

Draz Real Estate Inc. Listed on: 12/30/2025

Co-Listed By

Beth Topliff

Draz Real Estate Inc.

Last Buyer's Agent

Sedat Memetov

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 41 x 143
  • Few Trees

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Pitched Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

  • Forced Air Heating System
  • 100 Amp Service

Additional Features

  • Wheelchair Ramps
  • Patio

Community Details

  • 2 Units
  • Red Wing Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for sewer, water
  • Assessor Parcel Number 550050630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,138

Year Built

Built in 1880

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Outside Features: Vinyl, Wood
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Association Amenities: Patio
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1714
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight/Lookout Windows, Full, Owner Access, Single Tenant Access, Unfinished, Walkout
  • Living Area: 1714
  • Owner Pays: Other, Sewer, Water
  • Basement YN: Yes
  • Amenities: Built-In Bookcases, Kitchen Window, Patio, Tile Floors
  • Appliances: Range, Refrigerator
  • Amenities: Ceiling Fan(s), Kitchen Window, Patio
  • Appliances: Dryer, Exhaust Fan/Hood, Range, Refrigerator, Washer
  • Shared Rooms: Other

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Foundation Details: Stone
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached Garage, On-Street Parking Only

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Other
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictPhone: 6513854500

Lot Info

  • Topography: Level
  • Lot Size: 41 x 143
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 2

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 550050630
  • Tax Annual Amount: 3138
  • TaxWithAssessments: 3138

Multi Family

  • TenantPays: Electricity, Other
  • ElectricExpense: 3464.35
  • Number Of Refrigerators: Two

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2025
Closed on
Apr 22, 2026
Sold by
Bought by
Seller's Agent
Neal Topliff
Draz Real Estate Inc.
Buyer's Agent
Sedat Memetov
eXp Realty
List Price
$205,000
Sold Price
$225,000
Premium/Discount to List
$20,000
9.76%
Views
49

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.87%
Original Mortgage
$6,000
Outstanding Balance
$6,000
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$207,066

Purchase Details

Closed on
Feb 18, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
2.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $225,000 Knight Barry Title
Warranty Deed $120,000 None Available
Deed $120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $6,000 New Conventional
Open $220,489 FHA
Previous Owner $137,000 Future Advance Clause Open End Mortgage
Closed $120,000 No Value Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 Sold $225,000 +9.8% $131 / Sq Ft
03/03/2026 03/03/26 Pending -- -- --
12/30/2025 12/30/25 For Sale $205,000 -- $120 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,166 $193,600 $25,000 $168,600
2024 -- $190,300 $25,000 $165,300
2023 $2,912 $178,300 $25,000 $153,300
2022 $2,726 $177,200 $25,000 $152,200
2021 $2,536 $150,400 $25,000 $125,400
2020 $2,500 $137,400 $25,000 $112,400
2019 $2,460 $126,600 $25,000 $101,600
2018 $2,058 $126,100 $24,000 $102,100
2017 $2,448 $109,900 $24,000 $85,900
2016 $2,300 $108,200 $24,000 $84,200
2015 $2,232 $104,400 $24,000 $80,400
2014 -- $99,900 $24,000 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7002410

NorthstarMLS

APN: 55.005.0630

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