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7126 196th Ave

New London, MN 56273

4 bd 2 ba 3,058 sqft Built 1972 Lot 23,697 sqft single_family
Most recent sale
$312,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $312,000 MLS #6178374
Apr 13, 2022 Listed $299,000 MLS #6178374
Oct 5, 2021 Listing removed $285,000 NorthstarMLS
Sep 22, 2021 Price changed $285,000 MLS #6102013
Sep 17, 2021 Listed $299,000 MLS #6102013
Sep 16, 2021 Listing removed $299,900 NorthstarMLS
Aug 30, 2021 Price changed $299,900 MLS #6081892
Aug 23, 2021 Price changed $305,000 MLS #6081892
Aug 10, 2021 Listed $315,000 MLS #6081892
Jun 6, 2016 Sold $239,900 MLS #6022711
Mar 29, 2016 Listed $239,900 MLS #6022711
Mar 16, 2012 Listing removed $128,500 NorthstarMLS
Aug 31, 2000 Listed $128,500 MLS #1527098

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $301,814 $3,336
2023 $297,172 $3,214
2022 $218,900 $38,000 $256,900 $1,378
2021 $97,800 $1,162
2020 $79,100 $944
2019 $174,900 $15,561 $190,461 $2,248
2018 $169,900 $11,841 $181,741 $2,084
2017 $155,000 $10,500 $165,500 $1,880
2016 $156,900 $10,671 $167,571 $1,858
2015 $150,200 $10,100 $160,300 $1,698
2014 $146,000 $9,700 $155,700 $1,684
2013 $124,200 $7,700 $131,900 $1,542
2012 $141,400 $9,300 $150,700 $1,726

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
3,058 sqft
Lot size
23,697 sqft
ZIP code
56273
City
New London
Street
196th Ave
Coordinates
45.30951, -94.94501

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,872
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7126 196th Ave last sell?
7126 196th Ave most recently sold on Jun 3, 2022 for $312,000.
What is the current tax assessment for 7126 196th Ave?
The most recent total assessment for 7126 196th Ave (year 2025) is $301,814 with $3,336 in property tax.
How does 7126 196th Ave's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $312,000.
When was 7126 196th Ave built?
7126 196th Ave was built in 1972.
How does 7126 196th Ave compare to others on 196th Ave?
We track 7 other properties on 196th Ave. Browse the list under "Other properties on 196th Ave" to compare beds, baths, and sale history.
What are the property facts for 7126 196th Ave?
7126 196th Ave is a 4 bed, 2 bath, 3,058 sqft, 23,697 sqft lot single_family.
Is 7126 196th Ave a flip candidate?
No — 7126 196th Ave does not appear in our flips dataset.
Is 7126 196th Ave a tax-appeal candidate?
No — 7126 196th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$386.3K
2026 Q4
$386.3K
ZIP 56273 — Median Price History + Forecast

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