$150,000

502 Main Ave S Red Lake Falls, MN 56750

Estimated payment $1,096/month

Total Views 2,867
3 Beds
1.5 Baths
1,560 Sq Ft
$96 Price per Sq Ft

About This Home

This Tudor-style arch home exudes personality. The spacious 3 bedroom, 2 bath, historical home, has original maple hardwood floors and a cozy, wood burning fireplace insert. It is located on a corner lot and has a detached garage as well as a garden shed. A remodel of the basement has been started, giving it the potential to become two more bedrooms, an office or even an apartment for rental income. Main and upper level are in need of repairs as well. Bring your tools and earn some sweat equity!!!!

Listing Agent

Nicholas Johnson

218 Real Estate Listed on: 05/08/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,284

Year Built

  • Built in 1925

Lot Details

  • 9,365 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Boiler Heating System
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Rlf C&D Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 172961000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,284

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 1560
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 30x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Living Area: 1560
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440

Utilities

  • Heating: Boiler, Fireplace(s), Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Red Lake Falls
  • SchoolDistrictNumber: 630
  • SchoolDistrictPhone: 218-253-2139

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: rect
  • Lot Size Sq Ft: 9365.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 172961000
  • Tax Annual Amount: 3284
  • TaxWithAssessments: 3284.0000

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,176 $152,800 $9,400 $143,400
2023 $3,010 $152,800 $9,400 $143,400
2022 $3,266 $127,600 $7,500 $120,100
2021 $3,272 $110,000 $7,500 $102,500
2020 $3,320 $110,000 $11,600 $98,400
2019 $2,344 $110,500 $12,100 $98,400
2018 $2,344 $107,600 $12,100 $95,500
2017 $2,410 $107,600 $0 $0
2016 $2,126 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $150,000 -- $96 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $93,000 --
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6717828

NorthstarMLS

APN: 17-2961-000