#6594581, Listing office: Hometown Realty
$150,000 List price
502 Main Ave S Red Lake Falls, MN 56750
3 beds
1 partial
1,560 sqft
$96 / sqft
House
Property details
About 502 Main Ave S
This Tudor-style arch home exudes personality. The spacious 3 bedroom, 2 bath, historical home, has original maple hardwood floors and a cozy, wood burning fireplace insert. It is located on a corner lot and has a detached garage as well as a garden shed. A remodel of the basement has been started, giving it the potential to become two more bedrooms, an office or even an apartment for rental income. Main and upper level are in need of repairs as well. Bring your tools and earn some sweat equity!!!!
Highlights
Home typeSingle Family Residence
HeatingSteam, Fireplace(s), Radiant
StatusActive
CoolingWindow Unit(s)
Size1,560 sqft
BasementYes
Year built1925
ParkingDetached
MLS #6717828
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Steam, Fireplace(s), Radiant
- Cooling: Window Unit(s)
- List Price: $150,000
- Price/SqFt: $96
- HOA Amount: $0
- Annual Tax Amount: $3,176
- Tax Year: 2024
- Directions: corner of Main & 5th
- Year Built: 1925
- Living Area: 1,560 SqFt
- MLS Number: 6717828
- MLS Name: NORTHSTAR
- Office Name: 218 Real Estate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $152,800 | $3,176 |
| 2023 | $152,800 | $3,010 |
| 2022 | $127,600 | $3,266 |
| 2021 | $110,000 | $3,272 |
| 2020 | $110,000 | $3,320 |
| 2019 | $110,500 | $2,344 |
| 2018 | $107,600 | $2,344 |
| 2017 | $107,600 | $2,126 |
History based on county public records data.
Nearby schools
8
J.A. Hughes Elementary School
Public District PK-6
0.5 mi
•601 1st St NE
4
Red Lake County Central Elementary School
Public District PK-6
11.0 mi
•260th Minnesota St S
5
Challenger Elementary School
Public District PK-5
15.7 mi
•601 County Road 61
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,474. Most Red Lake Falls, MN residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
51%
<35k
43%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
10%
Single, with Kids
28%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
33%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Hunting
Figure Skating
Where do the neighbors shop?
Bass Pro Shops
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Hardee's
Applebees
Jimmy Johns
What do the neighbors drive?
GMC
Ram
Cadillac
What do the neighbors listen to?
Classic Country- Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 502 Main Ave S
The listing price of 502 Main Ave S property is $150,000.
The property 502 Main Ave S is a house located in Red Lake Falls, Minnesota, 56750.
Active Listing: 502 Main Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 502 Main Ave S are: J.A. Hughes Elementary School (GreatSchools Rating 8/10), Red Lake County Central Elementary School (GreatSchools Rating 4/10), Challenger Elementary School (GreatSchools Rating 5/10), Franklin Middle School (GreatSchools Rating 4/10), Lafayette Secondary School (GreatSchools Rating 8/10), Crookston Secondary School (GreatSchools Rating 4/10), Northwest Area Learning Center (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $3,176 (source: MLS/based on county public records data).
The property at 502 Main Ave S has 3 bedrooms and 0 full and 1 half bathrooms.
The property 502 Main Ave S is 1,560 SqFt (source: MLS/tax record).
The year of construction for 502 Main Ave S is 1925.
This home is located at 502 Main Ave S in Red Lake Falls, MN and zip code 56750. This 1,560 square foot home was built in 1925. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 9, 2025 and is currently priced at $150,000.
From Rocket Homes Real Estate and based on county public records data.