503 E 3rd St, Redwood Falls, MN 56283
OFF MARKET

$215,400

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 1,980 sqft

503 E 3rd St, Redwood Falls, MN 56283

Est. Refi. Payment $1,416/mo*
Refinance Your Home
Currently Off Market - Sold Sep 29, 2025 for $212,500

Home Value

Trulia Estimate
$215K
Since last month
Decreased$1K (-0.6%)
Since last year
Increased$4K (+1.8%)
Since last sale
Increased$2K (+1.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +340% in the last 10 years
MonthEstimated value
2026
September 2026$215K
August 2026$216K
July 2026$218K
June 2026$216K
May 2026$217K
April 2026$215K
March 2026$211K
February 2026$211K
January 2026$213K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
521 E 5th St, Redwood Falls, MN
0.13
Single-Family Home
$216,500
07/08/26
3
2.5
1,506
506 E 2nd St, Redwood Falls, MN
0.03
Single-Family Home
$244,000
03/10/26
4
3
3,154
209 E 5th St, Redwood Falls, MN
0.25
Single-Family Home
$250,000
09/14/26
3
2.5
2,212
516 E Elm St, Redwood Falls, MN
0.27
Single-Family Home
$213,210
11/17/25
3
1.5
2,268
417 E Wyoming St, Redwood Falls, MN
0.25
Single-Family Home
$204,900
08/17/26
4
2
2,009
710 E 5th St, Redwood Falls, MN
0.24
Single-Family Home
$172,900
06/09/26
2
2
1,916
208 E 5th St, Redwood Falls, MN
0.26
Single-Family Home
$190,000
04/07/26
4
2
1,666
710 E 4th St, Redwood Falls, MN
0.20
Single-Family Home
$155,000
12/12/25
3
1.5
1,104
116 Fallwood Rd, Redwood Falls, MN
0.46
Single-Family Home
$209,000
10/17/25
3
1.5
1,881

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
419 E 3rd St, Redwood Falls, MN 56283
0.03
$141,800
3
1
1,358
Off Market
506 E 2nd St, Redwood Falls, MN 56283
0.03
$244,000
4
3
3,154
Recently Sold
509 E 2nd St, Redwood Falls, MN 56283
0.06
$154,300
3
1
1,568
Off Market
521 E 3rd St, Redwood Falls, MN 56283
0.05
$351,800
5
4
4,215
Off Market
518 E 3rd St, Redwood Falls, MN 56283
0.06
$137,400
2
1.5
1,144
Off Market
417 E 4th St, Redwood Falls, MN 56283
0.07
$96,200
3
2
1,722
Off Market
321 E 2nd St, Redwood Falls, MN 56283
0.12
$214,200
3
2
2,376
Off Market
400 E 5th St #123, Redwood Falls, MN 56283
0.12
$88,900
1
1
760
Off Market
618 E 2nd St, Redwood Falls, MN 56283
0.13
$140,900
3
1
832
Off Market
512 Spring St, Redwood Falls, MN 56283
0.15
$89,200
3
1
-
Off Market
521 E 5th St, Redwood Falls, MN 56283
0.13
$216,500
3
2.5
1,506
Recently Sold

Local Information

  • Map ViewExplore the area around 503 E 3rd St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
1,980 sqft
$109/sqft
Garage

About this House

What's unique:Modern layoutSleek contemporary kitchenDetached garagePatio spaceFlooded with natural lightPorcelain countertops
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!!
503 E 3rd St, Redwood Falls, MN 56283 is a 3 bedroom, 3 bathroom, 1,980 sqft single-family home built in 1920. It last sold for $212,500 on Sep 29, 2025 (3% below the $219,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $215,400, with a rent estimate of $1,799/month.
Last check for updates: about 14 hours ago
Listed by Valerie Jean Stephens, (507) 640-2839
Kerkhoff Auction & Real Estate
Bought with: Cynthia Rogers– The Deutz Group, (507) 337-6683, Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID, MLS#6722481

Home Details for 503 E 3rd St

Interior Features

Interior Details
Basement: Other,Concrete,UnfinishedNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1980 Square FeetFoundation Area: 624
Appliances & Utilities
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerLaundry: Electric Dryer Hookup,Laundry Room,Main Level,Washer HookupMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Patio
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Other Parking: Garage Dimensions (12 X 20)No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Concrete
Frontage
Road Frontage: City Street, Curbs, Street LightsResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1356 Square FeetFinished Area (below surface): 48 Square Feet

Days on Market

Cumulative Days on Market: 81

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 885500060

Price & Status

Price
List Price: $219,900
Status Change & Dates
Off Market Date: Thu Aug 07 2025

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Redwood FallsCommunity: Lohrenz Add
School Information
High School District: Redwood Area Schools

Building

Building Area
Building Area: 1980 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7318.08 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6722481Above Grade Unfinished Area: 1356

Price and Tax history

DateEventPrice
Sep 29, 2025
Source: NorthstarMLS as distributed by MLS GRID #6722481
Sold
$212,500
Aug 7, 2025
Source: NorthstarMLS as distributed by MLS GRID #6722481
Pending
$219,900
Jul 19, 2025
Source: NorthstarMLS as distributed by MLS GRID #6722481
PriceChange
$219,900
Price decreased by 4%
Jun 9, 2025
Source: NorthstarMLS as distributed by MLS GRID #6722481
PriceChange
$229,900
Price decreased by 4%
May 18, 2025
Source: NorthstarMLS as distributed by MLS GRID #6722481
Listed For Sale
$239,000

Market trends in Redwood Falls

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
37
5MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Redwood Falls

At least 8 Trulia users voted on each feature.

  • 92 % Say parking is easy

  • 83 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say kids play outside

  • 63 % Say it's quiet

  • 56 % Say there's wildlife

  • 54 % Say yards are well-kept

  • 50 % Say it's walkable to restaurants

  • 50 % Say it's walkable to grocery stores

  • 50 % Say people would walk alone at night

  • 48 % Say neighbors are friendly

  • 46 % Say there are sidewalks

  • 45 % Say there's holiday spirit

  • 45 % Say they plan to stay for at least 5 years

  • 42 % Say streets are well-lit

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Martin C.
    "Celebrate Redwood Falls committee does a great job at incorporating everyone in great events in every season. "
    2
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-25 01:03:28 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 503 E 3rd St

  • What is 503 E 3rd St estimated to be worth?
    Trulia's estimated value for 503 E 3rd St in Redwood Falls, MN is $215,400.
  • What is the price history for 503 E 3rd St?
    503 E 3rd St in Redwood Falls, MN last sold for $212,500 in September 2025.
  • Is Redwood Falls a buyer's or seller's market?
    Redwood Falls is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Redwood Falls?
    Residents describe Redwood Falls, MN as easy to park in, dog-friendly, and quiet. Most residents say you need a car. See recently sold homes in Redwood Falls, MN.
  • Does 503 E 3rd St have air conditioning?
    Yes, 503 E 3rd St in Redwood Falls, MN has air conditioning.
  • Does 503 E 3rd St have laundry facilities?
    Yes, 503 E 3rd St in Redwood Falls, MN has in-unit laundry.

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