$137,400
- 2 Beds
- 1.5 Baths
- 1,144 sqft
518 E 3rd St, Redwood Falls, MN 56283
Est. Refi. Payment $930/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 3, 2025 for $125,000
Home Value
Trulia Estimate
$137KSince last month
Increased$4K (+2.9%)Since last year
Increased$10K (+7.5%)Since last sale
Increased$13K (+10.2%)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 +101% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $138K |
| August 2026 | $134K |
| July 2026 | $130K |
| June 2026 | $129K |
| May 2026 | $129K |
| April 2026 | $128K |
| March 2026 | $127K |
| February 2026 | $127K |
| January 2026 | $128K |
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $155,000 | 12/12/25 | 3 | 1.5 | 1,104 | |
0.22 | Single-Family Home | $180,000 | 04/13/26 | 2 | 1.5 | 1,433 | |
0.18 | Single-Family Home | $172,900 | 06/09/26 | 2 | 2 | 1,916 | |
0.35 | Single-Family Home | $133,000 | 12/05/25 | 2 | 2.5 | 1,064 | |
0.19 | Single-Family Home | $179,900 | 09/09/26 | 2 | 1 | 2,032 | |
0.39 | Single-Family Home | $130,000 | 09/08/26 | 2 | 1.5 | 1,587 | |
0.09 | Single-Family Home | $216,500 | 07/08/26 | 3 | 2.5 | 1,506 | |
0.06 | Single-Family Home | $212,500 | 09/29/25 | 3 | 2.5 | 1,980 | |
0.40 | Single-Family Home | $85,000 | 03/02/26 | 3 | 1 | 1,392 | |
0.28 | Single-Family Home | $190,000 | 04/07/26 | 4 | 2 | 1,666 |
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 |
|---|---|---|---|---|---|---|
0.04 | $351,800 | 5 | 4 | 4,215 | Off Market | |
0.09 | $216,500 | 3 | 2.5 | 1,506 | Recently Sold | |
0.06 | $215,400 | 3 | 2.5 | 1,980 | Off Market | |
0.08 | $96,200 | 3 | 2 | 1,722 | Off Market | |
0.07 | $244,000 | 4 | 3 | 3,154 | Recently Sold | |
0.09 | $141,800 | 3 | 1 | 1,358 | Off Market | |
0.12 | $88,900 | 1 | 1 | 760 | Off Market | |
0.13 | $201,500 | 3 | 2 | 1,779 | Off Market | |
0.10 | $154,300 | 3 | 1 | 1,568 | Off Market | |
0.10 | $140,900 | 3 | 1 | 832 | Off Market | |
0.14 | $169,700 | 3 | 1.5 | 1,326 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1928
1,144 sqft
$120/sqft
2 Car Garage
About this House
What's unique:Enclosed front porchAttached double garageMain floor laundrySpacious layout
This charming two-bedroom, two-bathroom home offers a perfect blend of comfort and convenience. Meticulously maintained, it features a spacious layout with main floor laundry for added ease. The home's furnace, AC, and roof have all been recently updated within the last two years, providing peace of mind for years to come.
The attached double garage provides easy access, and secure parking. The enclosed front porch adds additional living space, cozy versatile area that can serve as a mudroom, sunroom or for entertainment. Ideally located, it is just minutes from downtown, local parks, and the aquatic center, placing you in the heart of the community. Whether you’re relaxing indoors or enjoying the vibrant neighborhood, this home offers a warm and inviting atmosphere.
Call today to schedule a showing!
The attached double garage provides easy access, and secure parking. The enclosed front porch adds additional living space, cozy versatile area that can serve as a mudroom, sunroom or for entertainment. Ideally located, it is just minutes from downtown, local parks, and the aquatic center, placing you in the heart of the community. Whether you’re relaxing indoors or enjoying the vibrant neighborhood, this home offers a warm and inviting atmosphere.
Call today to schedule a showing!
518 E 3rd St, Redwood Falls, MN 56283 is a 2 bedroom, 2 bathroom, 1,144 sqft single-family home built in 1928. It last sold for $125,000 on Feb 3, 2025 (7% below the $134,999 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $137,400, with a rent estimate of $1,325/month.
Last check for updates: about 3 hours ago
Listed by Kara C Prescott, (507) 644-8433
Kerkhoff Auction & Real Estate
Bought with: Jan Raddatz, (507) 828-1773, Re/Max Realty Plus
Source: NorthstarMLS as distributed by MLS GRID, MLS#6640564

Home Details for 518 E 3rd St
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Interior Details Basement: PartialNumber of Rooms: 8Types of Rooms: Bedroom, Bedroom 2, Bathroom, Dining Room, Kitchen, Laundry, Living Room, Porch |
Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1144 Square FeetFoundation Area: 1144 |
Appliances & Utilities Laundry: Main Level |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa No Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Front PorchOther Structures: Storage Shed |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached |
Frontage Not on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 1144 Square Feet |
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Cumulative Days on Market: 19 |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 883230080 |
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Price List Price: $134,999 |
Status Change & Dates Off Market Date: Fri Jan 03 2025 |
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MLS Status: Closed |
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Direction & Address City: Redwood FallsCommunity: Eastern Add |
School Information High School District: Redwood Area Schools |
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Building Area Building Area: 1144 Square Feet |
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No HOA |
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Lot Area: 7230.96 sqft |
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Contingencies: None |
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BasementMls Number: 6640564Above Grade Unfinished Area: 1144 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 3, 2025 Source: NorthstarMLS as distributed by MLS GRID #6640564 | Sold | $125,000 |
Jan 3, 2025 Source: NorthstarMLS as distributed by MLS GRID #6640564 | Pending | $134,999 |
Dec 16, 2024 Source: NorthstarMLS as distributed by MLS GRID #6640564 | Listed For Sale | $134,999 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,292 | $122,600 |
Home facts updated by county records
Market trends in Redwood Falls
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
37
5MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-25 12:58:28 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
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Frequently asked questions about 518 E 3rd St
- What is 518 E 3rd St estimated to be worth?Trulia's estimated value for 518 E 3rd St in Redwood Falls, MN is $137,400.
- What is the price history for 518 E 3rd St?518 E 3rd St in Redwood Falls, MN last sold for $125,000 in February 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 518 E 3rd St have air conditioning?Yes, 518 E 3rd St in Redwood Falls, MN has air conditioning.
- Does 518 E 3rd St have laundry facilities?Yes, 518 E 3rd St in Redwood Falls, MN has laundry facilities.