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216 Franklin St, Red Wing, MN, 55066

$159,000

Home List Price

$1,888*

Closing Credit

3 Bedrooms
1 Partial Bath
1,614 SqFt
$99/SqFt
House

Location

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216 Franklin St, Red Wing$159,000

Buyer Closing Credits

$1,888*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage1 space
Year Built1900
HeatingSteam
CoolingWindow Unit(s)
BasementYes
MLS #6631107
StatusActive

About 216 Franklin St

2 story home in historic neighborhood with good living spaces is currently being used as a single-family home but can easily be converted to a duplex (zoned R-2). Upper level has a kitchenette area with sink and room for stove and refrigerator plus an adjacent dining/sitting room that could be a 3rd bedroom, 2nd bedroom with closet is open to sitting room and hallway, and front bedroom has closets in the hallway. 1/2 bath on this level had tub removed but plumbing is accessible for future shower or tub. Main level currently being used as one-level living with kitchen, family room, dining room and living room (used as a bedroom). Owner has a dryer in the dining room that is not vented to code. Washing machine is in the kitchen and a potential stackable washer/dryer could take its place. Front door enters to staircase to upper level with a door to the left to main level living room. Side door enters to family room. Another staircase from the main level family room ascends to the upper level back hallway. Roof, windows and siding replaced in 2004. Circuit breakers updated but original wiring in home. Hardwood floors in many areas and possibly under carpet. 2018 boiler and water heater/holding tank. Old garage/shed in back. Loads of potential for this home! Located in Conservation District but only major renovations such as additions or demo have to be reviewed by the City.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,614 SqFt

Listing Office:

  • Office Name: Coldwell Banker Nybo & Assoc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Water Filtration System, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Main Street to Franklin to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $159,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $1,288
  • Tax Year: 2021
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Housing Market Comparison

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

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Red Wing, MN

City

Med. Sold Price

$283.3K

Med. Price/SqFt

$155

Avg. Days On Market

41

# of Sold Homes

20

216 Franklin St vs Red Wing

33 DAYS ON ROCKET

-8 Days

$159,000

-$124.3K Less

$99/SqFt

-$56 Less

KEY TAKEAWAY

This property is $124.3K less than the Median Sold Price and $56/SqFt less than other homes in Red Wing, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6631107

Listing Office:

  • Office Name: Coldwell Banker Nybo & Assoc

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,288$116,800
2020$1,242$110,000
2018$1,224$101,400
2017$906$58,200

History based on county public records data.

Payment Calculator

$861

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$543

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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.

Nearby Schools

school-card-donut-4334360
5
/10

  • Burnside Elementary

  • 5001 Learning Ln

  • 4.42 miles

  • Public District Grades 2-4

school-card-donut-4334361
6
/10

  • Ellsworth Elementary School

  • 445 S Piety St

  • 11.66 miles

  • Public District Grades PK-5

school-card-donut-4334362
6
/10

  • Goodhue Elementary School

  • 510 3rd Ave

  • 11.94 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,210. Residents of Red Wing, MN typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 216 Franklin St

What is the listing price of this property?

The listing price of 216 Franklin St property is $159,000.

What type of property is this?

The property 216 Franklin St is a house located in Red Wing, Minnesota, 55066.

Is this property for sale now?

Active Listing: 216 Franklin St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,288 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 216 Franklin St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 216 Franklin St is 1,614 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 216 Franklin St is 1900.

Rocket Homes›Minnesota›Goodhue County›Red Wing›55066›216 Franklin St

This home is located at 216 Franklin St in Red Wing, MN and zip code 55066. This 1,614 square foot home was built in 1900. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $159,000.

Red Wing, MN housing market in November 2024 saw over 6 listings sold above listed price, more than 8 sold at listed price and over 6 sold below. The number of homes for sale in Red Wing, MN decreased by 8.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 41 days, the median list price was $283,333.

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

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