706 W 4th St Red Wing, MN 55066
Estimated payment $3,736/month
Highlights
- Family Room with Fireplace
- Main Floor Primary Bedroom
- No HOA
- Recreation Room
- Corner Lot
- 3-minute walk to Central Park
About This Home
Step into a slice of history with this stunning Italianate home in the heart of Historic Downtown Red Wing. Winner of the prestigious 2008 Red Wing Heritage Preservation Award and listed on the National Registry of Historic Places. Since the 1980s, it has been home to the celebrated Pratt-Taber Inn, a Bed & Breakfast/Boutique Hotel. Now being offered with the unique flexibility to be enjoyed as a grand single-family home, or you can explore the possibilities of continuing as a charming B&B. This property exudes timeless elegance and grace, having been meticulously renovated and maintained. Living spaces include Front Parlor, Dining Room, Back Parlor, and a Gourmet Kitchen. Adding to the grandeur are the massive wood-paneled doors, high coved ceilings, open stairway, natural woodwork, wood floors and nine fireplaces!Boasting four luxurious bedrooms, each complete with its own fireplace and ensuite bathroom. Additionally, the Owners Suite creates an intimate escape within the ample layout of the home, with ensuite bath and bonus space in the partially finished basement...complete with Living Room, Dining Room, Kitchen, and a 1/2 Bath. Outdoor entertaining is a joy with multiple porches, Pergola covered deck and lush perennial gardens. Conveniently located within walking distance to all the local amenities Red Wing has to offer, including Mississippi River, parks, bandshell, shopping, dinning, theater, and more. Whether you’re hosting a grand soiree or enjoying a quiet afternoon by the fireplace, this historic home awaits to add extraordinary chapters to your life story.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,708
Year Built
- Built in 1860
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 90x143
- Partially Fenced Property
- Corner Lot
Home Design
- Flat Roof Shape
- Pitched Roof
- Architectural Shingle Roof
Interior Spaces
- 2-Story Property
- Decorative Fireplace
- Electric Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 9 Fireplaces
- Living Room with Fireplace
- Sitting Room
- Home Office
- Recreation Room
- Screened Porch
- Washer
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Boiler Heating System
- 200+ Amp Service
Community Details
- No Home Owners Association
- City/Red Wing Subdivision
Listing and Financial Details
- Assessor Parcel Number 550053200
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 |
|---|---|---|---|---|
| 2024 | $7,872 | $546,500 | $53,000 | $493,500 |
| 2023 | $3,854 | $512,600 | $53,000 | $459,600 |
| 2022 | $6,714 | $509,000 | $53,000 | $456,000 |
| 2021 | $6,874 | $426,800 | $53,000 | $373,800 |
| 2020 | $6,546 | $424,100 | $53,000 | $371,100 |
| 2019 | $6,464 | $389,600 | $53,000 | $336,600 |
| 2018 | $5,214 | $389,300 | $51,000 | $338,300 |
| 2017 | $5,062 | $335,300 | $51,000 | $284,300 |
| 2016 | $4,592 | $330,100 | $51,000 | $279,100 |
| 2015 | $4,386 | $315,000 | $51,000 | $264,000 |
| 2014 | -- | $300,300 | $51,000 | $249,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | For Sale | $557,500 | -- | $103 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $375,000 | -- | |
| Warranty Deed | $255,000 | -- |
Source: NorthstarMLS
MLS Number: 6658272
APN: 55.005.3200
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