$212,500
SOLD SEP 29, 2025

503 E 3rd St Redwood Falls, MN 56283

3 Beds
2.5 Baths
1,404 Sq Ft
7,318 Sq Ft Lot

Recently Sold

$151 Per Sq Ft

11% Below List Price

81 Days on Market

Highlights

  • Corner Lot
  • The kitchen features windows
  • Living Room
  • No HOA
  • Patio
  • Laundry Room

About This Home

As of September 2025

Step into luxury with this completely renovated, modern layout, this home seamlessly blends style and functionality. Enjoy spacious living areas flooded with natural light and sleek contemporary kitchen with porcelain countertops. With 3 bedrooms and 3 bathrooms this home has more room to expand! With an unfinished attic space for a 4th bedroom or family room. Additionally, unfinished space in the basement for even more potential square footage! There is detached garage and patio space in the back yard all sitting on a corner lot in a centrally located city lot close to aquatic center, library and downtown! Don't let this one get away!! Turn-key!!

Last Agent to Sell the Property

Valerie Stevens

Kerkhoff Auction & Real Estate Listed on: 05/18/2025

Last Buyer's Agent

Cynthia Rogers

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1920

Lot Details

  • 7,318 Sq Ft Lot
  • Lot Dimensions are 60 x 120
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lohrenz Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 885500060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,506

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1356
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Other, Concrete, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1404
  • Fireplace: No
  • Below Grade Finished Sq Ft: 48
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Laundry, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Metal
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 60 X 120
  • Lot Size Sq Ft: 7318.08
  • Land Lease: No
  • Lot Features: Corner Lot
  • 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: 885500060
  • Tax Annual Amount: 1506
  • TaxWithAssessments: 1574.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2025
Closed on
Sep 29, 2025
Sold by
Juell Randy and Juell Andrea
Bought by
Crusoe Travis
Seller's Agent
Valerie Stevens
Kerkhoff Auction & Real Estate
Buyer's Agent
Cynthia Rogers
Edina Realty, Inc.
List Price
$239,000
Sold Price
$212,500
Premium/Discount to List
-$26,500
-11.09%
Views
47
Current Estimated Value
$208,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,679
Avg. Annual Appreciation
-6.75%
Original Mortgage
$212,500
Outstanding Balance
$212,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
-$3,679

Purchase Details

Closed on
Nov 20, 2023
Sold by
Beadell Steven and Beadell Cynthia
Bought by
Juell Randy
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 $212,500 --
Deed $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2025 09/29/25 Sold $212,500 -3.4% $151 / Sq Ft
08/07/2025 08/07/25 Pending -- -- --
07/19/2025 07/19/25 Price Changed $219,900 -4.3% $157 / Sq Ft
06/09/2025 06/09/25 Price Changed $229,900 -3.8% $164 / Sq Ft
05/18/2025 05/18/25 For Sale $239,000 -- $170 / 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 $1,574 $98,800 $10,100 $88,700
2024 $1,028 $97,300 $10,100 $87,200
2023 $834 $91,200 $10,100 $81,100
2022 $750 $79,500 $10,100 $69,400
2021 $678 $68,500 $10,100 $58,400
2020 $708 $60,400 $10,000 $50,400
2019 $666 $58,000 $10,500 $47,500
2018 $650 $55,400 $9,700 $45,700
2017 $620 $0 $0 $0
2016 $632 $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: 6722481

NorthstarMLS

APN: 88-550-0060