Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $592 (2025).

What school district is this property in?

This property is in the 2897 - Redwood Area Schools school district.

How long has this property been on the market?

This property has been listed for 245 days.

Listed at

$146,900

$156/sqft

Watsons First Add

515 E Spring Street, Redwood Falls, MN, 56283

2 Bedrooms2 Bathrooms940 Square Feet0.11 Acres

Days on market245

Year built1949

ParkingGravel

TypeResidential

Est. $1,407buyer credit when you buy with SODL

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About this home

This home is completely renovated and truly turn-key! This bright, open-concept home features 2 large bedrooms/ 2 baths, and modern finishes throughout, main floor laundry, seamless flow between living spaces, and abundant natural light. Every detail has been thoughtfully updated-just move in and enjoy!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1949

LevelsOne and One Half

Living area940 sqft

Above-grade finished940 sqft

Below-grade finished0 sqft

Lot size0.11 acres (60 X 80)

Days on market245

ListedJan 26, 2026

MLS #NST7009749

CountyRedwood

SubdivisionWatsons First Add

Parcel #888650760

Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Bath breakdown: 1 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Range, Refrigerator, Washer

Property

Levels / stories: One and One Half
Garage: 0
Parking features: Gravel
Exterior features: Vinyl
Lot size: 0.11 acres
Lot dimensions: 60 X 80

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 648 sqft
Roof: Asphalt
Year built: 1949

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Watsons First Add
HOA: No HOA
School district: 2897 - Redwood Area Schools
High school district: Redwood Area Schools

Financial & listing details

Annual tax: $592 (2025)
Tax with assessments: 660
Listed: Jan 26, 2026
Days on market: 245
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths1

1/4 baths0

BasementFull, Unfinished

HeatingForced Air

CoolingCentral Air

LaundryElectric Dryer Hookup, Laundry Room, Main Level, Washer Hookup

AppliancesRange, Refrigerator, Washer

DiningLiving/Dining Room

AccessibilityNone

Special featuresMain Floor Laundry, Renovated

Exterior & lot

ExteriorVinyl

RoofAsphalt

FoundationBlock

Foundation area648 sqft

Road frontageCity Street, Paved Streets, Street Lights, Storm Sewer

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingGravel

Garage spaces0

Garage size0 sqft

Financial details

Annual taxes$592

Tax year2025

Taxes w/ assessments660

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District2897 - Redwood Area Schools

District number2897

District phone5076448064

High schoolRedwood Area Schools

SODL flat fee brokerage

$1,407Estimated buyer credit

SODL platform fee $3,000Your buyer credit $1,407

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$870/mo

Principal & interest$772

Property taxes$49

Home insurance (est.)$49

Down payment

$29,380

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.