Active with contingency

$439,850

523 East Ave, Red Wing, MN 55066

2beds

1,820sqft

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(CC) Low Rise (3- Levels)

Built in 2006

-- sqft lot

$431,100 Zestimate^®

$242/sqft

$777/mo HOA

What's special

Presenting a rare opportunity to acquire a premium Central Park Condominium. Located on the corner ground level, this unit has all the features one expects of the building: secure access, heated parking, extraordinary high ceilings, massive windows, quiet floors and walls, a desired balcony and more. Accessed by the original school entrance you’ll enjoy your private side yard. Note: Price includes the following allowances: Flooring: $15,320.37, Paint and reparation of millwork: $7,000, Washer and dryer: $2,000. Or, one may purchase “As-Is” priced at $415,500.

11 days

311

2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 256 Square Feet
Dimensions: 16x16

Bedroom 2

Level: Main
Area: 132 Square Feet
Dimensions: 12x11

Dining room

Level: Main
Area: 231 Square Feet
Dimensions: 21x11

Kitchen

Level: Main
Area: 165 Square Feet
Dimensions: 15x11

Living room

Level: Main
Area: 399 Square Feet
Dimensions: 21x19

Patio

Level: Main
Area: 25 Square Feet
Dimensions: 5x5

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
Laundry: Laundry Closet

Features

Central Vacuum
Basement: Storage/Locker
Number of fireplaces: 1
Fireplace features: Gas, Living Room

Interior area

Total structure area: 1,820
Total interior livable area: 1,820 sqft
Finished area above ground: 1,820
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Assigned, Attached, Garage Door Opener, Guest, Heated Garage, Insulated Garage, Garage, Parking Lot, Secured, Underground
Attached garage spaces: 2
Has uncovered spaces: Yes

Accessibility

Accessibility features: Doors 36"+, Accessible Elevator Installed, Customized Wheelchair Accessible, Grab Bars In Bathroom, Door Lever Handles, No Stairs External, No Stairs Internal, Partially Wheelchair

Features

Levels: One
Stories: 1
Patio & porch: Patio
Pool features: None
Fencing: Other

Lot

Size: 2,221 Square Feet
Features: Near Public Transit

Details

Foundation area: 1820
Parcel number: 551230102
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: Condo
Property subtype: (CC) Low Rise (3- Levels)
Attached to another structure: Yes

Materials

Brick, Concrete, Frame
Roof: Age Over 8 Years

Condition

New construction: No
Year built: 2006

Utilities & green energy

Electric: Circuit Breakers, Power Company: Xcel Energy
Gas: Natural Gas
Sewer: City Sewer/Connected, City Sewer - In Street
Water: City Water/Connected, City Water - In Street

Community & HOA

Community

Security: Secured Garage/Parking
Subdivision: Central Park Condo

HOA

Has HOA: Yes
Services included: Maintenance Structure, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Sanitation, Shared Amenities, Snow Removal
HOA fee: $777 monthly
HOA name: Matik Management
HOA phone: 507-216-0064

Location

Region: Red Wing

Financial & listing details

Price per square foot: $242/sqft
Tax assessed value: $263,200
Annual tax amount: $4,862
Date on market: 7/1/2026
Cumulative days on market: 50 days
Road surface type: Paved

Estimated market value

$431,100

$410,000 - $453,000

$2,260/mo

Price history

Date	Event	Price
7/1/2026	Listed for sale	$439,850$242/sqft
Source: NorthstarMLS as distributed by MLS GRID #7102700 Report a problem
6/30/2026	Listing removed	$439,850$242/sqft
Source: NorthstarMLS as distributed by MLS GRID #7075446 Report a problem
6/25/2026	Price change	$439,850-2.2%$242/sqft
Source: NorthstarMLS as distributed by MLS GRID #7075446 Report a problem
6/4/2026	Price change	$449,850-2.2%$247/sqft
Source: NorthstarMLS as distributed by MLS GRID #7075446 Report a problem
5/26/2026	Price change	$459,850-4.2%$253/sqft
Source: NorthstarMLS as distributed by MLS GRID #7075446 Report a problem
5/18/2026	Listed for sale	$479,850$264/sqft
Source: NorthstarMLS as distributed by MLS GRID #7075446 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2016	$3,514	$263,200 +3.3%
2015	$3,514	$254,800 +4.1%
2014	$3,514	$244,700 -5.4%
2013	$3,514 -16.1%	$258,800 -10.1%
2012	$4,186 +9.2%	$288,000
2011	$3,834 -21%	$288,000 -17.1%
2010	$4,856 +0.6%	$347,200
2009	$4,828 +1372%	$347,200
2007	$328	--

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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