1002 Bailey Rd is a 2,181 square foot house on a 7.89 acre lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Newport data, we estimate the home's value is $705,446.
Single-familyProperty Type
1999Year Built
7.89 acresLot Size
$323Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$705,446
$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.9% higher than the average sale price ($527K) of 6 comparable homes.
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Earn from this home
Sell
$662,869
Est. take-home
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$2,827/mo
Redfin rental estimate
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Market trends in 55055, MN
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
99.2%
0.7% MoM
Median sale price
$508K
$43K MoM
Avg. days on market
22d
7 days MoM
Recently sold homes
11
1 MoM
Provided by Redfin
Sale history for 1002 Bailey Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$10,398 (+6.7%)
$299,600 + $391,100
$690,700
2025
$9,748 (+6.5%)
$254,600 + $392,200
$646,800
2024
$9,150 (+5.5%)
$269,600 + $385,200
$654,800
2023
$8,676 (+10.6%)
$257,400 + $348,800
$606,200
2022
$7,842 (+6.6%)
$213,400 + $287,900
$501,300
2021
$7,356 (−0.2%)
$195,400 + $285,500
$480,900
2020
$7,372 (+2.1%)
$181,900 + $291,500
$473,400
2019
$7,222 (−0.5%)
$168,900 + $273,600
$442,500
2018
$7,260 (+6.4%)
$168,900 + $273,600
$442,500
2017
$6,826 (+2.9%)
$168,900 + $269,500
$438,400
2015
$6,632 (−5.7%)
$168,900 + $237,600
$406,500
2014
$7,030 (+2.4%)
$162,900 + $243,000
$405,900
2013
$6,864 (+8.7%)
$168,900 + $223,100
$392,000
2012
$6,314
$168,900 + $223,800
$392,700
Tax history for 1002 Bailey Rd
Year
Property tax
Land + Additions
Assessment*
2026
$10,398 (+6.7%)
$299,600 + $391,100
$690,700
2025
$9,748 (+6.5%)
$254,600 + $392,200
$646,800
2024
$9,150 (+5.5%)
$269,600 + $385,200
$654,800
2023
$8,676 (+10.6%)
$257,400 + $348,800
$606,200
2022
$7,842 (+6.6%)
$213,400 + $287,900
$501,300
2021
$7,356 (−0.2%)
$195,400 + $285,500
$480,900
2020
$7,372 (+2.1%)
$181,900 + $291,500
$473,400
2019
$7,222 (−0.5%)
$168,900 + $273,600
$442,500
2018
$7,260 (+6.4%)
$168,900 + $273,600
$442,500
2017
$6,826 (+2.9%)
$168,900 + $269,500
$438,400
2015
$6,632 (−5.7%)
$168,900 + $237,600
$406,500
2014
$7,030 (+2.4%)
$162,900 + $243,000
$405,900
2013
$6,864 (+8.7%)
$168,900 + $223,100
$392,000
2012
$6,314
$168,900 + $223,800
$392,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,960
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
Heating & Cooling
Heating Type: Forced Air Gas
Exterior
Exterior Information
Foundation Type: Concrete Block
Building Construction Quality: Average
Exterior Wall: Metal
Roof Shape Type: Gable/Hip
Property Information
Living Sq. Ft: 2,181
Building Sq. Ft: 5,781
# of Stories: 1
Stories Type: 1
Legal Description: SECTION 25 TOWNSHIP 028 RANGE 022 W1/2-NW1/4 & SE1/4-NW1/4 DESC AS:COM @ SW CORN OF SD W1/2- NW1/4 THN N89DEG06'23"E ASM BRG ALG SLY LN THEREOF 1113.21FT TO JLM #1 & POB OF PARCEL BEING DESC THN CONT N89DEG06'23"E ALG SD SLY LN & ALG SLY LN SD SE1/4-NW1/4 296.31FT M/L TO JLM #2 A PT 100FT ELY OF SW CORN OF SD SE1/4-NW1/4 THN N0DEG40'12"W PARL WITH WLY LN THEREOF 879 FT TO JLM #3 THN S89DEG06'23"W PAR WITH SD SLY LN 100FT TO JLM #4 & SD WLY LN SE1/4- NW1/4 THN N0DEG40'12" W ALG SD WLY LINE .35FT TO JLM #5 & NE CORN OF TRACT 9 AS RECORD IN PARTITION JUDGEMENT IN BK 25 OF DEEDS PAGE 521 THN S89DEG05'26"W ALG NLY LN OF SD TRACT 9 DIST 357.69FT M/L TO JLM #6 & ELY LN OF W 950 FT OF SD W1/2-NW1/4 THN S0DEG33'05"E ALG SD ELY LN 179.26 FT M/L
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 1,640
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 343,737
Municipality Name: NEWPORT
Acres: 7.8911
County Use Description: RES 1 UNIT
Financial
Assessor Information
Assessment Year: 2025
Tax District County: NEWPORT
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 2,181
Stories: 1.0
Lot Size: 7.89 acres
Style: Single Family Residential
Year Built: 1999
Year Renovated: 1999
County: Washington County
APN: 25.028.22.23.0008
Home facts updated by county records on Oct 16, 2026
Around this home
Schools
Newport Elementary School
Public PreK-5 • Assigned • 1.5mi
6/10
Oltman Middle School
Public 6-8 • Assigned • 2.5mi
6/10
East Ridge High School
Public 9-12 • Assigned • 3.2mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
6 days above 99° expected this year, 12 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Newport, MN • 55055
Average low and high temperatures (°F)
22
7
30
14
49
28
57
38
70
49
78
60
85
67
78
63
74
57
64
46
44
31
28
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.6 hours in December, which is comparable to the
U.S. average for solar exposure.
10.3 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$671,000 – $812,000
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