Step into luxury with this completely renovated, modern layout, this home seamlessly blends style and functionality. Enjoy spacious living areas flooded with natural light and sleek contemporary kitchen with porcelain countertops. With 3 bedrooms and 3 bathrooms this home has more room to expand! With an unfinished attic space for a 4th bedroom or family room. Additionally, unfinished space in the basement for even more potential square footage! There is detached garage and patio space in the back yard all sitting on a corner lot in a centrally located city lot close to aquatic center, library and downtown! Don't let this one get away!! Turn-key!!
Closed
$212,500
503 E 3rd St, Redwood Falls, MN 56283
3beds
1,980sqft
Single Family
Built in 1920
7,318 Square Feet Lot
$215,300 Zestimate®
$107/sqft
$1,703 Estimated rent
Home value
$215,300
Estimated sales range
Not available
$1,703/mo
Zestimate® history
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List your homeWhat's special
Modern layoutSleek contemporary kitchenDetached garagePatio spaceFlooded with natural lightPorcelain countertopsCorner lot
Zillow last checked:
Listing updated:
Listed by:
Valerie Jean Stephens 507-640-2839,
Kerkhoff Auction & Real Estate
Bought with:
Cynthia Rogers– The Deutz Group
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6722481
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13 X 11
Bedroom 2
- Level: Upper
- Area: 108 Square Feet
- Dimensions: 9 X 12
Bedroom 3
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 10 X 13
Dining room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9 X 11
Kitchen
- Level: Main
- Area: 180 Square Feet
- Dimensions: 10 X 18
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 7 X 8
Living room
- Level: Main
- Area: 276 Square Feet
- Dimensions: 23 X 12
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Basement: Other,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,980
- Total interior livable area: 1,980 sqft
- Finished area above ground: 1,356
- Finished area below ground: 48
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Concrete
- Garage spaces: 1
- Details: Garage Dimensions (12 X 20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 7,318 Square Feet
- Dimensions: 60 x 120
- Features: Corner Lot
Details
- Foundation area: 624
- Parcel number: 885500060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Metal
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Lohrenz Add
HOA
- Has HOA: No
Location
- Region: Redwood Falls
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $98,800
- Annual tax amount: $1,506
- Date on market: 5/18/2025
- Cumulative days on market: 81 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2025 | Sold | $212,500-3.4%$107/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6722481 Report a problem | ||
| 8/7/2025 | Pending sale | $219,900$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722481 Report a problem | ||
| 7/19/2025 | Price change | $219,900-4.3%$111/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722481 Report a problem | ||
| 6/9/2025 | Price change | $229,900-3.8%$116/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722481 Report a problem | ||
| 5/18/2025 | Listed for sale | $239,000$121/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6722481 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,574 +53.1% | $98,800 +1.5% |
| 2024 | $1,028 +23.3% | $97,300 +6.7% |
| 2023 | $834 +11.2% | $91,200 +14.7% |
| 2022 | $750 +10.6% | $79,500 +16.1% |
| 2021 | $678 -4.2% | $68,500 +13.4% |
| 2020 | $708 | $60,400 +4.1% |
| 2019 | -- | $58,000 +4.7% |
| 2018 | -- | $55,400 |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56283
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Nearby schools
GreatSchools rating
- 5/10Reede Gray Elementary SchoolGrades: PK-4Distance: 0.5 mi
- 6/10Redwood Valley Middle SchoolGrades: 5-8Distance: 1.1 mi
- 6/10Redwood Valley Senior High SchoolGrades: 9-12Distance: 1.1 mi
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- Minnesota
- Redwood County
- Redwood Falls
- 56283
- 503 E 3rd St
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