702 Champagne Ave SW, Red Lake Falls, MN, 56750
About This Home
Big Value in Red Lake Falls! Come take a look at this spacious home offering a corner lot and over 3000 sqaure feet of living space and features steel siding on the home as well as garage! The home boasts large room sizes, multiple living rooms, 1 3/4 baths as well as potential for 7 bedrooms! The homes features a 2 car detached garage! Give us a call!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Roof: Asphalt
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer
Basement
- Has basement: Yes
- Basement: Full
Bedroom
- Level: Main
Bedroom2
- Level: Main
Bedroom3
- Level: Basement
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Finished area below ground: 0
- Finished area above ground: 1,568
Heating & Cooling
- Heating features: Forced Air,Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 3,136
- Total interior livable area: 1,568 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 173008010
- Zoning description: Residential-Single Family
- Foundation area: 3136
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.29 Acres
- Lot size dimensions: -
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Winter Weather
- Cold Wave
- Drought
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Red Lake County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,111 | $13,332 |
| Home Insurance * | $206 | $2,472 |
| Property Taxes | $311 | $3,732 |
| Electricity | $170 | $2,050 |
| Total | $1,798 | $21,576 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-27 | Listed for sale | $219,900 |
| 2024-05-23 | Sold | $199,000 |
| 2024-02-13 | Pending sale | $209,900 |
| 2024-01-31 | Listed for sale | $209,900 |
| 2023-04-28 | Sold | $140,000 |
| 2023-02-28 | Pending sale | $179,000 |
| 2023-01-31 | Price change | $164,500 |
| 2023-01-18 | Price change | $168,500 |
| 2022-12-12 | Price change | $169,500 |
| 2022-11-28 | Price change | $172,500 |
| 2022-09-12 | Price change | $179,000 |
| 2022-08-08 | Price change | $184,500 |
| 2022-07-12 | Price change | $189,900 |
| 2022-06-14 | Price change | $195,500 |
| 2022-05-18 | Price change | $217,000 |
| 2022-04-05 | Listed for sale | $206,500 |
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