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3 Beds | 2 Baths | 1,568 Sq Ft | Single Family Home | MLS# 7116744
Is 702 Champagne Avenue SW a Good Deal?
BuyPulse Verdict
Fair Market Value
At $140/sqft — This home is priced 8% above the typical Red Lake Falls single-family home of $130/sqft.
Powered by the Realgorithm™ — 8 active Red Lake Falls listings · NorthstarMLS
$1,588/month Estimated
- Principal & interest
- $1,112
- Property taxes
- $330
- Home insurance (est.)
- $128
- Special assessments
- $18
- HOA dues
- None
20% down ($43,980) · 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
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!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $165K and $275K in Red Lake Falls:
- The field: 3 similar Red Lake Falls homes for sale — a short list right now.
Powered by the Realgorithm™ — real Red Lake Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1958
- Garage
- 1-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $3,964 (2025)
- Specials/yr
- $212
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,568
- Lot Size
- 0.287 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Red Lake
- List Date
- 2026-07-27
- Days on Market
- 77 days
- Parcel ID
- 173008010
Financial
- Total Tax incl. Assessments
- $4,176
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Heat Pump
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 3,136 sqft
- Total Building Area
- 3,136 sqft
Exterior Features
- Exterior Features
- Vinyl
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- Tru North Realty
Price History
Listed at $219,900 on Jul 27, 2026 — No price changes
702 Champagne 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 — 702 Champagne Avenue SW
Associate Broker · Modern Market REALTORS®
Your Red Lake Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
See all Red Lake Falls homes ›
Listed by Tru North 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# 7116744 · Data refreshed July 30, 2026
Similar Homes for Sale Near 702 Champagne Avenue SW, Red Lake Falls, MN
Frequently Asked Questions About 702 Champagne Avenue SW
- Is $219,900 a good price for a home in Red Lake Falls?
- According to BuyPulse, 702 Champagne Avenue SW rates Fair Market Value — at $140/sqft it's priced 8% above 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 702 Champagne Avenue SW — and what do they mean?
- This property has $212/yr in annual special assessments, with no 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 $3,964/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 702 Champagne Avenue SW have a basement?
- Yes, 702 Champagne Avenue SW has a basement.
- What type of heating and cooling does 702 Champagne Avenue SW have?
- 702 Champagne Avenue SW has Forced Air, Heat Pump heating and Central Air cooling.
- Where is 702 Champagne Avenue SW located?
- 702 Champagne Avenue SW is in the Rlf-c&d neighborhood of Red Lake Falls, MN 56750, in Red Lake County.
- Is 702 Champagne Avenue SW still available?
- Yes — 702 Champagne 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 702 Champagne Avenue SW built?
- 702 Champagne Avenue SW was built in 1958. It features an asphalt roof and a block foundation.
- How walkable is 702 Champagne Avenue SW?
- 702 Champagne Avenue SW has a Walk Score of 40/100 (Car-Dependent) and a Bike Score of 47/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 702 Champagne Avenue SW are for sale in Red Lake Falls?
- 3 similar homes (single-family homes between $165K and $275K in Red Lake Falls) are for sale right now — a short list right now.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Red Lake Falls area.
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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.