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1030 Putnam Ave, Red Wing, MN, 55066

3beds
1baths
1,269sqft
$205,000
$162price/sqft
$1,604/moest. monthly cost
$64,160/yrincome needed

About This Home

Welcome to this charming 1870 home in the heart of Red Wing, MN! This well-maintained home offers three bedrooms, one full bathroom, and a one-car garage. The main level features a convenient bedroom, full bathroom, and laundry area, while two spacious bedrooms are located on the upper level. Numerous recent updates make this home move-in ready, including new flooring throughout with luxury vinyl plank flooring in the kitchen and dining room, new carpet in the living room and bedrooms, new white paneled interior doors, and fresh paint throughout the home. The spacious kitchen has been updated with a new range, refrigerator, and dishwasher, providing plenty of room for meal preparation and entertaining. Additional improvements include a brand-new furnace and water heater, new front and side entry doors, and newer vinyl windows for added comfort and efficiency. Step outside to enjoy the yard, or take advantage of the home's convenient location with parks, downtown Red Wing, and the Mississippi River all nearby. Whether you're looking for a primary residence or exploring investment possibilities, this property offers flexibility, character, and modern updates in a desirable location.

Getting Around

49
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

--
5/10
Twin Bluff Middle SchoolGrades 5-71.0 mi
7/10

Construction

Condition

  • Year built: 1870

Materials

  • Roof: Age Over 8 Years,Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Gas Water Heater,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Main Level,Sink

Basement

  • Has basement: Yes
  • Basement: Crawl Space,Partial

Bedroom

  • Level: Main
  • Area: 108
  • Dimensions: 12 x 9

Bedroom2

  • Level: Upper
  • Area: 210
  • Dimensions: 15 x 14

Bedroom3

  • Level: Upper
  • Area: 108
  • Dimensions: 12 x 9

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 208
  • Dimensions: 16 x 13

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,269

Foyer

  • Level: Main
  • Area: 35
  • Dimensions: 7 x 5

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,482
  • Total interior livable area: 1,269 sqft

Kitchen

  • Level: Main
  • Area: 143
  • Dimensions: 13 x 11

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15 x 14

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 553001050
  • Zoning description: Residential-Single Family
  • Foundation area: 885

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 0.37 Acres
  • Features: Irregular Lot,Tree Coverage - Medium
  • Lot size dimensions: 275 x 60

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Concrete
  • 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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Winter Weather
Cold Wave
Inland Flooding
Lightning

FEMA Declared Disasters in Goodhue County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,036$12,432
Home Insurance *$164$1,968
Property Taxes $234$2,808
Electricity $170$2,050
Total$1,604$19,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,994/yr
40% on housing$48,120/yr
45% on housing$42,773/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 55066$135
Goodhue County$156

vs Homes Sold Last Month

Median $/sqft

ZIP 55066$136
Goodhue County$130

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

DateEventPrice
2026-08-15Price change$195,000
2026-07-27Price change$205,000
2026-07-16Listed for sale$215,000
2020-12-28Sold$135,000
2020-11-20Pending sale$131,500
2020-11-04Price change$131,500
2020-10-16Listed for sale$136,000
2020-09-01Sold$60,000
2018-10-11Sold$44,000
2018-09-07Pending sale$50,000
2018-08-30Price change$50,000
2018-08-01Price change$67,800
2018-06-30Price change$71,300
2018-05-31Price change$75,000
2018-05-02Listed for sale$78,900
2011-04-23Listing removed$695
2011-02-25Listed for rent$695
2008-07-24Listing removed$74,900
2008-03-22Listed for sale$74,900

For Sale by Agent

AgentGerald "Jerry" Stewart
BrokerageGerrety Real Estate Group LLC

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