507 E 3rd St, Redwood Falls, MN 56283
Property image
Property image
OFF MARKET

$225,900

Trulia Estimate
  • 5 Beds
  • 2 Baths
  • 2,030 sqft

507 E 3rd St, Redwood Falls, MN 56283

Est. Refi. Payment $1,440/mo*
Refinance Your Home
Currently Off Market - Sold Sep 9, 2019 for $180,000

Home Value

Trulia Estimate
$226K
Since last month
Decreased$200 (-0.1%)
Since last year
Increased$4K (+1.7%)
Since last sale
Increased$47K (+25.9%)
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 +188% in the last 10 years
MonthEstimated value
2026
August 2026$227K
August 2026$226K
July 2026$227K
June 2026$225K
May 2026$226K
April 2026$225K
March 2026$220K
February 2026$216K
January 2026$214K
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
503 E 3rd St, Redwood Falls, MN
0.01
Single-Family Home
$212,500
09/29/25
3
2.5
1,980
417 E Wyoming St, Redwood Falls, MN
0.25
Single-Family Home
$204,900
08/17/26
4
2
2,009
208 E 5th St, Redwood Falls, MN
0.27
Single-Family Home
$190,000
04/07/26
4
2
1,666
506 E 2nd St, Redwood Falls, MN
0.03
Single-Family Home
$244,000
03/10/26
4
3
3,154
309 E Bridge St, Redwood Falls, MN
0.19
Single-Family Home
$135,000
09/25/25
5
3
2,810
710 E 5th St, Redwood Falls, MN
0.23
Single-Family Home
$172,900
06/09/26
2
2
1,916
516 E Elm St, Redwood Falls, MN
0.27
Single-Family Home
$213,210
11/17/25
3
1.5
2,268
521 E 5th St, Redwood Falls, MN
0.13
Single-Family Home
$216,500
07/08/26
3
2.5
1,506
710 E 4th St, Redwood Falls, MN
0.20
Single-Family Home
$155,000
12/12/25
3
1.5
1,104
706 E Chestnut St, Redwood Falls, MN
0.27
Single-Family Home
$180,000
04/13/26
2
1.5
1,433

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
503 E 3rd St, Redwood Falls, MN 56283
0.01
$216,600
3
2.5
1,980
Off Market
419 E 3rd St, Redwood Falls, MN 56283
0.05
$142,400
3
1
1,358
Off Market
506 E 2nd St, Redwood Falls, MN 56283
0.03
$244,000
4
3
3,154
Recently Sold
510 E 2nd St, Redwood Falls, MN 56283
0.03
$215,200
5
2
1,707
Off Market
509 E 2nd St, Redwood Falls, MN 56283
0.06
$155,900
3
1
1,568
Off Market
521 E 3rd St, Redwood Falls, MN 56283
0.04
$353,300
5
4
4,215
Off Market
518 E 3rd St, Redwood Falls, MN 56283
0.05
$133,900
2
1.5
1,144
Off Market
417 E 4th St, Redwood Falls, MN 56283
0.08
$71,900
3
2
1,722
Off Market
321 E 2nd St, Redwood Falls, MN 56283
0.13
$215,100
3
2
2,376
Off Market
400 E 5th St #123, Redwood Falls, MN 56283
0.13
$90,800
1
1
760
Off Market
618 E 2nd St, Redwood Falls, MN 56283
0.12
$140,200
3
1
832
Off Market
512 Spring St, Redwood Falls, MN 56283
0.15
$87,800
3
1
-
Off Market

Local Information

  • Map ViewExplore the area around 507 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 1921
2,030 sqft
$111/sqft
Garage

About this House

Move-in ready home with updates to showcase the character and beauty of this classic home. New shingles in 2011. Three bedrooms with large walk-in closets, large 3/4 bath, library and landing space for office or sitting area added to unfinished attic space in 2013. Custom built fence in 2015, Exterior paint in 2017. Mud room remodeled in 2017 with built-in. Garage exterior replaced (new siding, garage doors, exterior lighting, and windows added) in 2018. Main floor hardwoods throughout, refinished in 2018. Kitchen updated in 2019 with new cabinets, butcher block countertops, backsplash and sink. 14 windows replaced with energy efficient vinyl windows.
507 E 3rd St, Redwood Falls, MN 56283 is a 5 bedroom, 2 bathroom, 2,030 sqft single-family home built in 1921. It last sold for $180,000 on Sep 9, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $225,900, with a rent estimate of $1,744/month.

Home Details for 507 E 3rd St

Interior Features

Interior Details
BasementNumber of Rooms: 12Types of Rooms: Walk In Closet, Dining Room, Library, Master Bath, Mud Room, Office, PantryCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Vinyl, WoodLawn
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1921Year Updated: 2019
Property Type / Style
Property Type: Single Family HomeArchitecture: Craftsman

Lot Information

Lot Area: 7200 sqft

Price and Tax history

DateEventPrice
Sep 9, 2019
Source: NorthstarMLS as distributed by MLS GRID #5245218
Sold
$180,000
Aug 9, 2019
Source: Agent Provided
Pending
$199,900
Jul 8, 2019
Source: Agent Provided
PriceChange
$199,900
Price decreased by 2%
Jun 13, 2019
Source: Agent Provided
Listed For Sale
$205,000
Jun 24, 2011
Source: Lake Superior Area Realtors as distributed by MLS GRID #1088930
Sold
$66,000

Market trends in Redwood Falls

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
32
1MoM

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

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Frequently asked questions about 507 E 3rd St

  • What is 507 E 3rd St estimated to be worth?
    Trulia's estimated value for 507 E 3rd St in Redwood Falls, MN is $225,900.
  • What is the price history for 507 E 3rd St?
    507 E 3rd St in Redwood Falls, MN last sold for $180,000 in September 2019.
  • 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 507 E 3rd St have air conditioning?
    Yes, 507 E 3rd St in Redwood Falls, MN has air conditioning.
  • How big is the lot at 507 E 3rd St?
    The lot at 507 E 3rd St in Redwood Falls, MN is about 0.17 acres (7,231 sq ft).

Apartments for Rent

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