704 E Walnut St Redwood Falls, MN 56283
Estimated payment $262/month
Highlights
- Corner Lot
- No HOA
- 1-Story Property
About This Home
Investor Opportunity! Handyman Special with Great Potential-This 1937 home is ready for its next chapter and perfect for investors, flippers, or handy buyers looking to build equity. The owner started by taking it down to the studs, giving you a blank slate to transform it into something special. It features a solid concrete block basement and sits on a spacious oversized corner lot, offering extra yard space and possibilities. The location is hard to beat! Situated across the street from a park with sand volleyball courts and picnic area, and just minutes from the 18-hole Redwood Falls Golf Club and beautiful Ramsey Park, a 256-acre destination featuring walking trails, a zoo, scenic waterfall, and outdoor recreation. Whether you’re looking for your next investment project, flip, or renovation opportunity, this property offers great potential in a fantastic location.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $598
Year Built
- Built in 1937
Lot Details
- Lot Dimensions are 120x70
- Corner Lot
Interior Spaces
- 550 Sq Ft Home
- 1-Story Property
Basement
- Block Basement Construction
- Natural lighting in basement
Utilities
- No Cooling
- No Heating
Community Details
- No Home Owners Association
- Watsons Third Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 888671740
Map
Home Values in the Area
Average Home Value in this Area
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 | $607 | $24,900 | $16,800 | $8,100 |
| 2024 | $1,124 | $25,400 | $16,800 | $8,600 |
| 2023 | $1,024 | $25,300 | $16,800 | $8,500 |
| 2022 | $1,020 | $24,400 | $16,800 | $7,600 |
| 2021 | $576 | $23,600 | $16,800 | $6,800 |
| 2020 | $310 | $22,900 | $15,000 | $7,900 |
| 2019 | $304 | $21,800 | $13,400 | $8,400 |
| 2018 | $270 | $21,900 | $15,500 | $6,400 |
| 2017 | $268 | $0 | $0 | $0 |
| 2016 | $272 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $40,000 | -- | $73 / Sq Ft |
Source: NorthstarMLS
MLS Number: 7036458
APN: 88-867-1740
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Ask me questions while you tour the home.