315 State Avenue SW, Red Lake Falls, MN 56750
3 Beds | 2 Baths | 936 Sq Ft | Single Family Home | MLS# 7127572
Is 315 State Avenue SW a Good Deal?
BuyPulse Verdict
Fair Market Value
At $134/sqft — This home is priced right at the typical Red Lake Falls single-family home of $130/sqft.
Powered by the Realgorithm™ — 8 active Red Lake Falls listings · NorthstarMLS
$1,003/month Estimated
- Principal & interest
- $632
- Property taxes
- $293
- Home insurance (est.)
- $73
- Special assessments
- $5 + pending
- HOA dues
- None
20% down ($25,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Rlf-C&D Add, Red Lake Falls, MN.
About This Home
Nice three bedroom home with a large fenced in yard. This home is spacious with many updates that have been started. You will thoroughly enjoy the privacy of the fenced yard and two stall plus garage. Check this one out as it won't last long.
Key Features
- Built
- 1902
- Garage
- 3-Car Detached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $3,518 (2026)
- Specials/yr
- $56 + pending
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 936
- Lot Size
- 0.286 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Post and Beam
- County
- Red Lake
- List Date
- 2026-08-17
- Days on Market
- 56 days
- Parcel ID
- 172918000
Financial
- Total Tax incl. Assessments
- $3,574
- Specials Pending
- Yes
Home Systems & Utilities
- Heating
- Baseboard
- Cooling
- Window Unit(s)
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 624 sqft
- Total Building Area
- 1,560 sqft
Exterior Features
- Exterior Features
- Vinyl
- Fenced Area
- Yes
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Lot Features
- Corner Lot
- Road Surface
- City Street, Curbs, Paved Streets
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Hometown Realty
Price History
Listed at $125,000 on Aug 17, 2026 — No price changes
315 State Avenue SW is listed in Red Lake Falls, MN, part of Red Lake County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 315 State Avenue SW
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Listed by Hometown Realty · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7127572 · Data refreshed August 18, 2026
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Frequently Asked Questions About 315 State Avenue SW
- Is $125,000 a good price for a home in Red Lake Falls?
- According to BuyPulse, 315 State Avenue SW rates Fair Market Value — at $134/sqft it's priced right at the typical Red Lake Falls single-family home of $130/sqft. Powered by the Realgorithm™. Browse Red Lake Falls homes for sale to compare.
- What are the special assessments at 315 State Avenue SW — and what do they mean?
- This property has $56/yr in annual special assessments with additional specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $3,518/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 315 State Avenue SW have a basement?
- Yes, 315 State Avenue SW has a basement.
- What type of heating and cooling does 315 State Avenue SW have?
- 315 State Avenue SW has Baseboard heating and Window Unit(s) cooling.
- Where is 315 State Avenue SW located?
- 315 State Avenue SW is in the Rlf-c&d neighborhood of Red Lake Falls, MN 56750, in Red Lake County.
- Is 315 State Avenue SW still available?
- Yes — 315 State Avenue SW is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 315 State Avenue SW built?
- 315 State Avenue SW was built in 1902. It features post and beam construction, an asphalt roof, and a poured concrete foundation.
- Does 315 State Avenue SW have main-floor laundry?
- Yes — the laundry at 315 State Avenue SW is on the main level.
- How walkable is 315 State Avenue SW?
- 315 State Avenue SW has a Walk Score of 38/100 (Car-Dependent) and a Bike Score of 42/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
Local Companies to Help You Settle In
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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