Spacious lot with views of the Mississippi River Valley in the distance. "An ideal lot for building your dream home, perfectly suited for a walkout design. 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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Red Wing, MN.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 31, 2019
Oct 31, 2019Home Sold
$5,200,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$317
Per Month
Principal & Interest
$250
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$216
Powered By
Advertisement
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
5
/10
Burnside Elementary
5001 Learning Ln
Distance between this listing and this school0.25 miles
Public District Grades 2-4
Middle School
3
/10
Twin Bluff Middle School
2120 Twin Bluff Rd
Distance between this listing and this school4.34 miles
Public District Grades 5-7
High School
6
/10
Red Wing High School
2451 Eagle Ridge Dr
Distance between this listing and this school5.88 miles
Public District Grades 8-12
Assigned Schools
5
/10
Burnside Elementary
5001 Learning Ln
Distance between this listing and this school0.25 miles
Public District Grades 2-4
Nearby Schools
6
/10
Goodhue Elementary School
510 3rd Ave
Distance between this listing and this school11.12 miles
Public District Grades PK-6
8
/10
Cannon Falls Elementary School
1020 Minnesota St E
Distance between this listing and this school13.36 miles
Public District Grades KG-5
Assigned Schools
3
/10
Twin Bluff Middle School
2120 Twin Bluff Rd
Distance between this listing and this school4.34 miles
Public District Grades 5-7
Nearby Schools
6
/10
Ellsworth Middle School
312 Panther Dr
Distance between this listing and this school13.10 miles
Public District Grades 5-8
7
/10
Prescott Middle School
125 Elm St N
Distance between this listing and this school15.42 miles
Public District Grades 6-8
Assigned Schools
6
/10
Red Wing High School
2451 Eagle Ridge Dr
Distance between this listing and this school5.88 miles
Public District Grades 8-12
Nearby Schools
3
/10
Tower View Alternative High School
154 Tower View Dr
Distance between this listing and this school0.66 miles
Public District Grades 10-12
5
/10
Goodhue Secondary School
510 3rd Ave
Distance between this listing and this school11.12 miles
The neighbors living near this home have an average income of $65,676. Residents of Red Wing, MN typically earn between $35k-100k each year. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
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 5/10Twin Bluff Middle School: GreatSchools Rating 3/10Red Wing High School: GreatSchools Rating 6/10
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).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
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.
In October 2024 more than 5 listings in Red Wing, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 9 were sold below. The inventory of homes for sale in Red Wing, MN between September 2024 and October 2024 increased by 15.6%. Listings spent 54 days on the market in October 2024, and had a median list price of $282,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Hunting
Hunting
Figure Skating
Monster Trucks
Dick's Sporting Goods
Dillards
Wal-Mart
Texas Roadhouse
Cracker Barrel
Hardee's
Subaru
Cadillac
Ram
New Country
News/Talk/Information
Classic Country