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$304,500   Price Analysis
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1228 Central Ave
Red Wing, MN 55066
4 bed 3 bath 1,890 SqFt ($161/SqFt)
7,841SqFt lot. Built 1870
Listed 2023-08-27, Taxes $2,306
USDA Eligible
near Red Wing, MN
 

Great duplex in a nice location.

3 car detached garage with walk-in storage attic. 1st apartment includes the main level with kitchen, living room, dining area, sitting room (currently usd as a bedroom space), bedroom and full bath. This apartment also includes the lower level with two bedrooms (one with sliding doors to covered patio), 3/4 bath, laundry and mechanical room.

The 2nd apartment is in the upper level accessed by the outer stairway to a roof top deck. This apartment includes a kitchen with pantry, dining area, living room, bedroom and full bath. A nice deck is in between the home and garage for both rentals to use.


Presented by Timothy Nybo at
Coldwell Banker Nybo & Associates.
Listing Agent Photo

Property MLS #6423879 from NorthstarMLS

Bedrooms: 4

Basement Features: Daylight/Lookout Windows, Finished (Livable), Full

Full Bathrooms: 3

Heating Features: Hot Water
Heating Fuel: Natural Gas

Stucco

Land Lease Amount Frequency: No
Lot Size Acres: 0.18
Lot Size Dimensions: 150x50
Lot Size Square Feet: 7841

Garage Spaces: 3
Garage Dimensions: 36 x 24
Garage Sqft: 864

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 32100.00

Number of Units: 2

School District: 256 - Red Wing

Twin Bluff Middle School is a public elementary school located approximately 0.9 miles away.
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Red Wing Senior High School is a public middle and high school located approximately 1.7 miles away.
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St. Joseph Catholic School is a private elementary school located approximately 0.5 miles away.
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Annual Tax Amount: 3332.00
Source Listing Status: Active
County: Goodhue
Directions: Maple St to Central.
Tax Year: 2022
Source Property Type: Multi-Family
Source Neighborhood: Kost & Crescys Add
Parcel Number: 553200220
Subdivision: Kost & Crescys Add
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$123,535 + $27,365
$150,900
$2,306
2021$112,483 + $26,917
$139,400
$2,114
2020$101,379 + $26,421
$127,800
$2,090
2019$102,573 + $25,327
$127,900
$2,066
2018$82,468 + $24,232
$106,700
$1,616
2017$81,244 + $24,156
$105,400
$1,580
2016$unknown + $unknown
$101,500
$1,454
2015$unknown + $unknown
$95,600
$1,386
2014$72,073 + $23,527
$95,600
$1,432
2013$80,385 + $24,115
$104,500
$1,538
2012$81,799 + $24,201
$106,000
$1,650
2011$98,600 + $42,500
$141,100
$1,688

Price Changed 2023-10-30
$304,500
NorthstarMLS
Listed 2023-08-27
$314,500
NorthstarMLS
Sold 2021-09-08
$210,000
Public Record

Net Operating Income: 20060.00
Operating Expense: 12040.00

Total Square Feet Living: 1890
Above Grade Finished Area: 1440
BelowGradeFinishedArea: 450
Foundation Area: 720.00
Property Age: 154
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 1440.00
Total Area Main: 720.00
Total Below Grade Area: 720.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.