NOT LISTED FOR SALE

719 Central Ave Red Wing, MN 55066

Estimated Value: $236,000 - $282,000

6 Beds
2 Baths
1,821 Sq Ft
$137/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $190,000 $104 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,607/month

221 Days on Market

Highlights

  • Forced Air Heating System
  • Property is Fully Fenced
  • 4-minute walk to Central Park

About This Home

As of April 2023

GREAT INVESTMENT OPPORTUNITY!! Up and down duplex, recently updated with new flooring and fresh paint. Eat-in kitchens, upper and lower porches, fully fenced in backyard. A short walk to downtown Red Wing, restaurants and shops. Both units are leased.

Last Agent to Sell the Property

Stacee Draz

Draz Real Estate Inc. Listed on: 09/05/2022

Co-Listed By

Lindsay Draz

Draz Real Estate Inc.

Last Buyer's Agent

Stacee Draz

Draz Real Estate Inc. Listed on: 09/05/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 48x187x48x187
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Few Trees

Home Design

  • Duplex

Interior Spaces

  • 1,821 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Tiltons Sub Subdivision

Listing and Financial Details

  • Tenant pays for grounds care, snow removal
  • The owner pays for electricity, fuel, insurance, repairs, taxes, water
  • Assessor Parcel Number 555400050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,890

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1880
  • Above Grade Finished Sq Ft: 1821
  • Water Sewer Expenses: 2512
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Living Area: 1821
  • Fireplace: No
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Taxes, Water
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom,Porch
  • Number Of Fireplaces: 0
  • Total Rooms: 5
  • Amenities: Porch
  • Total Rooms: 5
  • Number Of Fireplaces: 0

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Asphalt
  • Fencing: Full, Privacy, Wood
  • ConstructionMaterialsDesc: Stone
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

  • Parking Features: Gravel, Off Street
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Red Wing
  • SchoolDistrictNumber: 256
  • SchoolDistrictPhone: 651-385-4500

Lot Info

  • Lot Size: 48x187x48x187
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding
  • Units Total: 2

Rental Info

  • Expenses: 7601.0000

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 555400050
  • Tax Annual Amount: 2890
  • TaxWithAssessments: 2890.0000

Multi Family

  • TenantPays: Grounds Care, Snow Removal
  • FuelExpense: 3577
  • Number Of Refrigerators: Two

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Apr 28, 2023
Sold by
Gavitt Warren and Gavitt Amy
Bought by
United States House Rentals Llc
Seller's Agent
Stacee Draz
Draz Real Estate Inc.
Buyer's Agent
Stacee Draz
Draz Real Estate Inc.
List Price
$224,900
Sold Price
$190,000
Premium/Discount to List
-$34,900
-15.52%
Views
490
Current Estimated Value
$250,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,012
Avg. Annual Appreciation
10.92%
Original Mortgage
$152,000
Outstanding Balance
$146,331
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$96,809

Purchase Details

Closed on
Jun 19, 2020
Sold by
Miller Jason
Bought by
Gavitt Warren and Dockter Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,087
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
United States House Rentals Llc $190,000 --
Gavitt Warren $145,452 Knight Barry Ttl United Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open United States House Rentals Ll $152,000
Closed United States House Rentals Llc $152,000
Previous Owner Gavitt Warren $109,087
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $190,000 -5.0% $104 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
09/22/2022 09/22/22 Price Changed $199,900 -11.1% $110 / Sq Ft
09/05/2022 09/05/22 For Sale $224,900 -- $124 / 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 $3,284 $202,400 $36,300 $166,100
2024 -- $199,100 $36,300 $162,800
2023 $3,070 $188,000 $36,300 $151,700
2022 $3,070 $186,800 $36,300 $150,500
2021 $2,584 $159,500 $36,300 $123,200
2020 $2,574 $144,800 $36,300 $108,500
2019 $1,794 $134,900 $36,300 $98,600
2018 $1,418 $135,300 $36,300 $99,000
2017 $1,378 $119,600 $36,300 $83,300
2016 $1,250 $118,100 $36,300 $81,800
2015 $1,198 $113,800 $36,300 $77,500
2014 -- $109,500 $36,300 $73,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6220007

NorthstarMLS

APN: 55.540.0050