1958 single family home for sale at 702 Champagne Avenue SW in Red Lake Falls, MN — 3 bed, 2 bath (photo 1 of 24)

702 Champagne Avenue SW, Red Lake Falls, MN 56750

3 Beds | 2 Baths | 1,568 Sq Ft | Single Family Home | MLS# 7116744

$219,900

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.

Red Lake Falls, MN Active

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

Shannon Barnum

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.

Listed by Tru North Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7116744 · Data refreshed July 30, 2026

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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.

MLS GRID 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.