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

$137,400

Trulia Estimate
  • 2 Beds
  • 1.5 Baths
  • 1,144 sqft

518 E 3rd St, Redwood Falls, MN 56283

Est. Refi. Payment $930/mo*
Refinance Your Home
Currently Off Market - Sold Feb 3, 2025 for $125,000

Home Value

Trulia Estimate
$137K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 518 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 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!
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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 19

Property Information

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

Price & Status

Price
List Price: $134,999
Status Change & Dates
Off Market Date: Fri Jan 03 2025

Active Status

MLS Status: Closed

Location

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

Building

Building Area
Building Area: 1144 Square Feet

HOA

No HOA

Lot Information

Lot Area: 7230.96 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6640564Above Grade Unfinished Area: 1144

Price and Tax history

DateEventPrice
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

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
5
MoM

Around this home

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. "

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
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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.

Apartments for Rent

Off Market Homes Near 518 E 3rd St

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Homes for sale near 518 E 3rd St

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