$250,000
SOLD APR 25, 2025

408 E Chestnut St Redwood Falls, MN 56283

5 Beds
2.5 Baths
2,716 Sq Ft
7,231 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

4% Below List Price

143 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Laundry Room
  • Dining Room

About This Home

As of April 2025

This home is located at 408 E Chestnut St, Redwood Falls, MN 56283 and is currently priced at $250,000, approximately $92 per square foot. This property was built in 1963. 408 E Chestnut St is a home located in Redwood County with nearby schools including Reede Gray Elementary School, Redwood Valley Middle School, and Redwood Valley Senior High School.

Last Agent to Sell the Property

Joseph Kemp

Rural State Realty LLC. Listed on: 08/23/2024

Last Buyer's Agent

Cynthia Rogers

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,560

Year Built

  • Built in 1963

Lot Details

  • 7,231 Sq Ft Lot
  • Lot Dimensions are 63 x 138
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Wood Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Hitchcocks Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 884221560

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,560

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1716
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Full, Sump Pump, Wood
  • Living Area: 2716
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 63 x 138
  • Lot Size Sq Ft: 7230.96
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 884221560
  • Tax Annual Amount: 2560
  • TaxWithAssessments: 2560.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Apr 25, 2025
Sold by
Cooreman Properties Llc
Bought by
Schwartzel Mikhail and Schwartzel Emily
Seller's Agent
Joseph Kemp
Rural State Realty LLC.
Buyer's Agent
Cynthia Rogers
Edina Realty, Inc.
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Views
35
Current Estimated Value
$243,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,146
Avg. Annual Appreciation
-3.54%
Original Mortgage
$250,000
Outstanding Balance
$249,115
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$5,261

Purchase Details

Closed on
Dec 13, 2023
Sold by
Lakeview Loan Servicing Llc A Delaware
Bought by
Cooreman Properties Llc A Limited Liabi

Purchase Details

Closed on
Aug 28, 2020
Sold by
Serbus Russell Russell
Bought by
Nez Pete Pete

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
2.91%
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

Date Type Sale Price Title Company
Deed $250,000 --
Deed $80,000 --
Deed $166,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Previous Owner $166,250 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $250,000 -3.8% $92 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
08/23/2024 08/23/24 For Sale $259,900 -- $96 / 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 $2,458 $182,400 $10,000 $172,400
2024 $2,560 $154,300 $10,000 $144,300
2023 $1,282 $119,600 $10,000 $109,600
2022 $1,202 $108,500 $10,000 $98,500
2021 $1,076 $98,800 $10,000 $88,800
2020 $1,174 $90,200 $10,000 $80,200
2019 $1,106 $90,400 $10,500 $79,900
2018 $1,034 $88,000 $8,800 $79,200
2017 $992 $0 $0 $0
2016 $1,010 $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: 6588150

NorthstarMLS

APN: 88-422-1560