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521 E 7th St, Red Wing, MN, 55066

4beds
1baths
1,596sqft
$239,500
$150price/sqft
$1,846/moest. monthly cost
$73,840/yrincome needed

About This Home

Charm & Character ! Quality built 1920s home with beautiful hardwood floors, spacious square footage and a large deep lot. 3 bedrooms on the main level with a recently remodeled main floor bathroom. The 3rd bedroom would also make a great office. The front living room is open to the formal dining room with all the classic original woodwork. The eat-in kitchen is very functional and has a large pantry. The finished 2nd floor has immaculate tongue and groove ceilings and can be a 4th bedroom, craft room or tv / game room. The home is extremely clean with freshly painted basement & back porch. Also, enjoy the front 3 season porch for morning coffee or afternoon refreshments. The home has decent mechanicals and great storage space. Excellent location in Red Wing near Memorial Park and Colvill Park.

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

--
5/10
Twin Bluff Middle SchoolGrades 5-72.0 mi
7/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Age Over 8 Years,Architectural Shingle,Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dryer,Freezer,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Storage Space,Unfinished

Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 12 x 10

Bedroom2

  • Level: Main
  • Area: 90
  • Dimensions: 10 x 9

Bedroom3

  • Level: Main
  • Area: 80
  • Dimensions: 10 x 8

Bedroom4

  • Level: Upper
  • Area: 400
  • Dimensions: 20 x 20

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 169
  • Dimensions: 13 x 13

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,596

Heating & Cooling

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

Interior Area

  • Total structure area: 2,660
  • Total interior livable area: 1,596 sqft

Kitchen

  • Level: Main
  • Area: 130
  • Dimensions: 13 x 10

Living Room

  • Level: Main
  • Area: 168
  • Dimensions: 14 x 12

Other

  • Level: Main
  • Area: 12
  • Dimensions: 4 x 3

Other

  • Level: Main
  • Area: 135
  • Dimensions: 15 x 9

Screened Porch

  • Level: Main
  • Area: 56
  • Dimensions: 8 x 7

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 553250690
  • Zoning description: Residential-Single Family
  • Foundation area: 1064

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Enclosed,Front Porch,Rear Porch,Screened

Lot

  • Lot size: 0.32 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 50 x 280

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

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

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Inland Flooding
Lightning
Winter Weather

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 $1,211$14,532
Home Insurance *$191$2,292
Property Taxes $274$3,288
Electricity $170$2,050
Total$1,846$22,152
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$63,291/yr
40% on housing$55,380/yr
45% on housing$49,226/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

$150This 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)

No zestimate history available

Price History

DateEventPrice
2026-08-15Pending sale$239,500
2026-07-19Listed for sale$239,500
2021-07-02Sold$172,500
2000-03-22Sold$404,900

For Sale by Agent

AgentMark L. McCaughtry
BrokerageColdwell Banker Nybo & Assoc

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