NOT LISTED FOR SALE

509 E 2nd St Redwood Falls, MN 56283

Estimated Value: $114,000 - $144,120

3 Beds
1 Bath
1,568 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $92,000 $59 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $852/month

281 Days on Market

Highlights

  • Deck
  • Den
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Come see this beautiful sunny bungalow on 2nd Street! The brick fireplace, and wood floors add loads of charm to the practical layout. A spacious family room and eat-in kitchen with great natural light create a welcoming space you’ll love coming home to. The bonus den gives you options for work-from-home, workout space, studio, or additional bedroom on the main level! If you need more space, check out the unfinished attic! Get ready for lazy summer days with a private fenced in backyard for friends and family. You won’t want to miss this home so call today for your own private showing.

Last Agent to Sell the Property

Timothy Nesburg

Scenic City Realty, LLC Listed on: 01/30/2023

Co-Listed By

Geri Theis

Scenic City Realty, LLC

Last Buyer's Agent

Clark Diel

Action Realty of Mankato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1932

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 73x120
  • Wood Fence

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Den
  • Partially Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Audsub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 880011260

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,396

Year Built

Built in 1932

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1932
  • Above Grade Finished Sq Ft: 1176
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 42x28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Partially Finished
  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace Features: Wood Burning
  • Living Area: 1568
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 392
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Bedroom 1, Kitchen, Bedroom 2, Bedroom 3, Den, Bathroom, Laundry, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 480
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 73x120
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 880011260
  • Tax Annual Amount: 1396
  • TaxWithAssessments: 1396.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
May 17, 2024
Sold by
Vanacker Justin
Bought by
Loeck Gary and Loeck Deanna
Seller's Agent
Timothy Nesburg
Scenic City Realty, LLC
Buyer's Agent
Clark Diel
Action Realty of Mankato
List Price
$139,900
Sold Price
$92,000
Premium/Discount to List
-$47,900
-34.24%
Views
1046
Current Estimated Value
$130,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,280
Avg. Annual Appreciation
28.67%
Original Mortgage
$73,600
Outstanding Balance
$72,556
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$57,724

Purchase Details

Closed on
Jan 31, 2020
Sold by
Smith John John
Bought by
Vanacker Justin Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,824
Interest Rate
3.51%

Purchase Details

Closed on
Feb 1, 2006
Bought by
Smith John G and Smith Lori R
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Loeck Gary $92,000 --
Vanacker Justin Justin $92,500 --
Smith John G $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeck Gary $73,600
Previous Owner Vanacker Justin Justin $90,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $92,000 -7.9% $59 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $99,900 -9.2% $64 / Sq Ft
05/30/2023 05/30/23 Price Changed $110,000 -11.9% $70 / Sq Ft
03/24/2023 03/24/23 Price Changed $124,900 -3.9% $80 / Sq Ft
02/16/2023 02/16/23 Price Changed $129,999 -7.1% $83 / Sq Ft
01/30/2023 01/30/23 For Sale $139,900 -- $89 / 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 $1,954 $125,800 $12,600 $113,200
2024 $1,870 $150,900 $12,600 $138,300
2023 $1,534 $144,900 $12,600 $132,300
2022 $1,396 $124,700 $12,600 $112,100
2021 $1,906 $110,500 $12,600 $97,900
2020 $2,046 $117,900 $10,000 $107,900
2019 $1,990 $115,400 $10,200 $105,200
2018 $1,742 $114,200 $10,200 $104,000
2017 $1,678 $0 $0 $0
2016 $1,628 $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: 6327895

NorthstarMLS

APN: 88-001-1260