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505 Aspen Ave, Red Wing, MN, 55066

$50,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6257828
StatusActive

About 505 Aspen Ave

Spacious lot with views of the Mississippi River Valley in the distance. The back portion of the lot is wooded and very private. Perfect for commuters due to the proximity to Hwy 61 and location on the West side of Red Wing. Subject to a permitted encroachment agreement. Towards the back right corner of the lot is the encroachment area that is landscaped with evergreens, river birches, lilacs, a plum tree and numerous shrubs. See supplements for details.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Preferred Realty

Lot Features

Lot Information:

  • Lot: Some Trees

School Info

Assigned Schools Information:

  • Red Wing High School, Public District Grades 8-12
  • Twin Bluff Middle School, Public District Grades 5-7
  • Burnside Elementary, Public District Grades 2-4

Other

Directions Information:

  • Directions: On Hwy 61 West of Red Wing go South on Aspen Ave. Follow to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $652
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Red Wing, MN.

Med. Sold Price

$250K

Med. Price/SqFt

$150

Avg. Days On Market

52

# of Sold Homes

11

505 Aspen Ave vs Red Wing

568 DAYS ON ROCKET

+516 Days

$50,000

-$200K Less

KEY TAKEAWAY

This property is $200K less than the Median Sold Price in Red Wing, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6257828

Listing Office:

  • Office Name: Keller Williams Preferred Realty

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Last updated on: 3/29/2024, 11:22:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2019Home Sold
$5,200,000

Tax History

YEARPROP. TAXASSESSMENT
2021$652$44,100
2020$792$44,100
2018$784$41,500
2017$750$41,500

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7935514
4
/10
  • Burnside Elementary

  • 5001 Learning Ln

  • 0.25 miles

  • Public District Grades 2-4

Middle School

school-card-donut-7935515
4
/10
  • Twin Bluff Middle School

  • 2120 Twin Bluff Rd

  • 4.34 miles

  • Public District Grades 5-7

High School

school-card-donut-7935516
5
/10
  • Red Wing High School

  • 2451 Eagle Ridge Dr

  • 5.88 miles

  • Public District Grades 8-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,676. Typical income of Red Wing, MN residents is between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Red Wing, MN

Types of housing in Red Wing, MN.

About 40% of properties in Red Wing were built pre-1960, while the majority of the remaining buildings were built in the 1960s and the 1980s. Single detached homes are the main housing type, representing most dwellings in this part of Goodhue county, while large apartment buildings make up most of the remaining housing stock. Around three quarters of the population of this city own their home and the rest are renters. This part of Goodhue county has a good choice of housing sizes, ranging from lofts to four or more bedrooms.

What is it like to live in Red Wing, MN?

Red Wing is very quiet overall, as there isn't a lot of street noise or city clamor.

Is it easy to get around Red Wing, MN without a car?

Property owners in Red Wing typically have to turn to a car to reach one of approximately 10 supermarkets. There are also over 50 restaurants in this city. When it comes to education, high schools and primary schools are not numerous in Red Wing, and consequently not always within walking distance. Property owners can choose between public and private elementary schools.

Transportation in Red Wing, MN.

The preferred means of transportation in this city is very often driving. It is very easy to park. It is very challenging for pedestrians to get around in Red Wing since very few common errands can be run on foot.

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Frequently Asked Questions About 505 Aspen Ave

What is the listing price of this property?

The listing price of 505 Aspen Ave property is $50,000.

What type of property is this?

The property 505 Aspen Ave is land located in Red Wing, Minnesota, 55066.

Is this property for sale now?

Active Listing: 505 Aspen Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Aspen Ave are:
Burnside Elementary: GreatSchools Rating 4/10
Twin Bluff Middle School: GreatSchools Rating 4/10
Red Wing High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $652 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 31, 2019 for $5,200,000. (source: MLS/tax record).
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Rocket HomesMinnesotaGoodhue CountyRed Wing55066505 Aspen Ave

This home is located at 505 Aspen Ave in Red Wing, MN and zip code 55066. It has been listed on Rocket Homes since September 07, 2022 and is currently priced at $50,000.

While more than 2 listings in Red Wing, MN in February 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Red Wing, MN between January 2024 and February 2024 increased by 10.8%. The median list price of listings available in February 2024 was $250,000, while the average time on the real estate market was 52 days.

From Rocket Homes Real Estate and based on county public records data.

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