NOT LISTED FOR SALE

511 W 7th St Red Wing, MN 55066

Estimated Value: $318,000 - $342,000

3 Beds
2 Baths
2,569 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2025

Last sale price $340,000 $132 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,061 / mo

21 Days on Market

Highlights

  • Deck
  • Sitting Room
  • Porch
  • No HOA
  • The kitchen features windows
  • 4-minute walk to Central Park Band Shell

About This Home

As of October 2025

Step into timeless character with this beautifully updated 2-story home in the heart of Red Wing. Original hardwood floors, detailed trim, rich millwork, and leaded glass windows showcase the historic charm, while quailty updates bring modern comfort. The main floor offers a spacious living room, both formal and informal dining spaces, and a beautifully remodeled kitchen featuring modern finishes. A welcoming front porch and a cozy 3-season room open to the backyard, creating the perfect blend of indoor and outdoor living.
Upstairs, you’ll find 3 large bedrooms and a fully renovated bathroom and laundry room. This home also comes with an active Airbnb license (one of a few homes in the city with a transferable license) offering incredible potential for continued rental income or the option to use as your own private retreat.
Located in the charming community of Red Wing, this property is close to shops, restaurants, and all the local attractions that make the area so special. Whether you’re looking for an income-producing investment or a character-filled home to enjoy yourself, this Red Wing gem is a must-see! This Red Wing Home with Airbnb License is being offered furnished.

Last Agent to Sell the Property

Patti Iverson

Coldwell Banker Realty Brokerage Phone: 612-414-7100 Listed on: 08/29/2025

Coldwell Banker Realty

Co-Listed By

Nicholas Thull

Coldwell Banker Realty Brokerage Phone: 612-414-7100

Last Buyer's Agent

Sonda Featherstone

Featherstone Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,558

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 120x50x83x13x25x64
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Decorative Fireplace
  • Sitting Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Grows Rearrangement Subdivision

Listing and Financial Details

  • Assessor Parcel Number 552250060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,558

Year Built

Built in 1900

Lot Details

5,663 Sq Ft Lot

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: 1900
  • Above Grade Finished Sq Ft: 1894
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Attribution Contact: 612-414-7100
  • Attribution Contact: 612-414-7100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Washer, Water Softener Owned
  • Fireplace Features: Decorative
  • Living Area: 2569
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 675
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Three Season Porch, Bedroom 1, Bedroom 2, Bedroom 3, Sitting Room, Laundry, Deck

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Covered,Deck,Front Porch,Rear Porch,Screened

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Walk-In Closet

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictPhone: 651-385-4500

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x50x83x13x25x64
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 552250060
  • Tax Annual Amount: 3558
  • TaxWithAssessments: 3558.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2025
Closed on
Oct 22, 2025
Sold by
Laursen Jordan Marie and Janka Jordan
Bought by
Randbvacation Rental Llc
Seller's Agent
Patti Iverson
Coldwell Banker Realty
Buyer's Agent
Sonda Featherstone
Featherstone Real Estate, LLC
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
68
Current Estimated Value
$330,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,934
Avg. Annual Appreciation
-5.54%
Original Mortgage
$256,800
Outstanding Balance
$255,571
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$74,495

Purchase Details

Closed on
Jan 18, 2023
Sold by
Shannon Gruhlke
Bought by
Laursen Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2002
Sold by
Hoffman James L and Hoffman Sara H Mccormack
Bought by
Gryniewski Bonnie L
Source: Public Records
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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
Randbvacation Rental Llc $340,000 Burnet Title
Laursen Jordan $230,000 None Listed On Document
Gryniewski Bonnie L $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randbvacation Rental Llc $256,800
Previous Owner Laursen Jordan $218,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $340,000 0.0% $132 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
09/12/2025 09/12/25 Off Market $340,000 -- --
09/01/2025 09/01/25 For Sale $350,000 -- $136 / Sq Ft
Source: NorthstarMLS

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 $3,584 $267,200 $29,400 $237,800
2024 $3,558 $262,600 $29,400 $233,200
2023 $1,727 $246,900 $29,400 $217,500
2022 $2,874 $245,100 $29,400 $215,700
2021 $2,862 $207,800 $29,400 $178,400
2020 $2,798 $209,200 $29,400 $179,800
2019 $2,796 $193,100 $29,400 $163,700
2018 $2,196 $194,900 $28,200 $166,700
2017 $2,038 $168,300 $28,200 $140,100
2016 $1,870 $159,900 $28,200 $131,700
2015 $1,780 $155,000 $28,200 $126,800
2014 -- $147,900 $28,200 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6776011

NorthstarMLS

APN: 55.225.0060

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