Riverfront Property on the Mississippi: This updated, move-in-ready one-bedroom home sits on nearly half an acre with 80 feet of river frontage. Enjoy privacy, mature trees, and outdoor amenities including a gazebo. Secure concrete steps descend toward the water, ready for your dock installation and providing year-round access for activities such as fishing, kayaking, boating, skiing, and snowshoeing. The spacious garage fits vehicles and equipment. All systems are updated or tested for reliability. With 700 sq ft and expansion potential, it's perfect as a starter home or 30-day vacation rental. Includes riding lawnmower; see supplements for upgrades.
Closed
$319,000
1523 Cedar Ln, Newport, MN 55055
1beds
696sqft
Single Family Residence
Built in 1930
0.51 Acres Lot
$322,600 Zestimate®
$458/sqft
$1,294 Estimated rent
Home value
$322,600
$300,000 - $348,000
$1,294/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Tim Dunsmore 952-212-5705,
Bridge Realty, LLC
Bought with:
Sarah J Abbott
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6794412
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 198 Square Feet
- Dimensions: 9X22
Bathroom
- Level: Main
- Area: 60 Square Feet
- Dimensions: 6X10
Den
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9X12
Dining room
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
- Area: 160 Square Feet
- Dimensions: 10X16
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Living room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Heating
- Baseboard, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 696
- Total interior livable area: 696 sqft
- Finished area above ground: 696
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Asphalt
- Garage spaces: 2
- Details: Garage Dimensions (24X26)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River View
- Frontage length: Water Frontage: 80
Lot
- Size: 0.51 Acres
- Dimensions: 81 x 274 x 81 x 280
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 696
- Parcel number: 3502822140071
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Riverwood Acres 02
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $239,700
- Annual tax amount: $3,153
- Date on market: 9/25/2025
- Cumulative days on market: 82 days
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2026 | Sold | $319,000$458/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6794412 Report a problem | ||
| 12/22/2025 | Pending sale | $319,000$458/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6794412 Report a problem | ||
| 10/1/2025 | Listed for sale | $319,000$458/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6794412 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,156 -12% | $214,700 -19.7% |
| 2024 | $3,586 -1.9% | $267,300 +1.7% |
| 2023 | $3,654 +9.6% | $262,800 +24.7% |
| 2022 | $3,334 +3.2% | $210,800 -7.4% |
| 2021 | $3,232 +0.8% | $227,600 +9.9% |
| 2020 | $3,206 | $207,100 |
| 2019 | $3,206 | $207,100 +4.1% |
| 2018 | $3,206 -0.6% | $198,900 +1.8% |
| 2017 | $3,226 +0.3% | $195,400 +19.4% |
| 2016 | $3,216 +25.6% | $163,600 +7.2% |
| 2015 | $2,560 | $152,600 +5.5% |
| 2013 | $2,560 +7.4% | $144,700 -4.9% |
| 2012 | $2,384 | $152,100 +2% |
| 2011 | $2,384 -0.1% | $149,100 -13.2% |
| 2010 | $2,386 +5.2% | $171,800 |
| 2009 | $2,268 +6.1% | -- |
| 2008 | $2,138 +13.2% | -- |
| 2007 | $1,888 +12.8% | -- |
| 2006 | $1,674 +14.7% | -- |
| 2005 | $1,459 +6.3% | -- |
| 2004 | $1,373 | -- |
Find assessor info on the county website
Neighborhood: 55055
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Nearby schools
GreatSchools rating
- 6/10Newport Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Oltman Middle SchoolGrades: 6-8Distance: 2 mi
- 10/10East Ridge High SchoolGrades: 9-12Distance: 3.9 mi
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Estimated market value
$322,600
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Estimated market value
$322,600
- Minnesota
- Washington County
- Newport
- 55055
- 1523 Cedar Ln
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