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7151 196th Ave

New London, MN 56273

3 bd 2 ba 2,112 sqft Built 1974 Lot 21,606 sqft single_family
Most recent sale
$311,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $311,000 MLS #6182317
Jun 1, 2022 Listed $299,900 MLS #6182317

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $125,800 $39,200 $165,000 $1,882
2021 $113,000 $15,658 $128,658 $1,544
2020 $113,000 $15,658 $128,658 $1,462
2019 $106,700 $15,091 $121,791 $1,428
2018 $103,100 $14,767 $117,867 $1,360
2017 $100,700 $14,551 $115,251 $1,312
2016 $98,400 $14,344 $112,744 $1,298
2015 $99,700 $14,461 $114,161 $1,276
2014 $103,300 $14,800 $118,100 $1,258
2013 $99,800 $14,500 $114,300 $1,358
2012 $100,600 $14,500 $115,100 $1,508
2011 $114,800 $15,800 $130,600 $1,374

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,112 sqft
Lot size
21,606 sqft
ZIP code
56273
City
New London
Street
196th Ave
Coordinates
45.30864, -94.94378

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,168
Gross rental yield
12.22%
Implied cap rate
7.95%
Trend-extrapolated value

Frequently asked questions

When did 7151 196th Ave last sell?
7151 196th Ave most recently sold on Jul 15, 2022 for $311,000.
What is the current tax assessment for 7151 196th Ave?
The most recent total assessment for 7151 196th Ave (year 2022) is $165,000 with $1,882 in property tax.
How does 7151 196th Ave's assessment compare to its last sale price?
The current assessment is 46.9% below the last sale price of $311,000.
When was 7151 196th Ave built?
7151 196th Ave was built in 1974.
How does 7151 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 7151 196th Ave?
7151 196th Ave is a 3 bed, 2 bath, 2,112 sqft, 21,606 sqft lot single_family.
Is 7151 196th Ave a flip candidate?
No — 7151 196th Ave does not appear in our flips dataset.
Is 7151 196th Ave a tax-appeal candidate?
No — 7151 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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