28 1st Ave
New London, MN 56273
4 bd 2 ba 2,677 sqft Built 1865 Lot 80,150 sqft single_family
Most recent sale
$400,000
Feb 17, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 17, 2023 | Sold | $400,000 | NorthstarMLS |
| Nov 28, 2022 | Price changed | $520,000 | NorthstarMLS |
| Sep 26, 2022 | Listed | $560,000 | NorthstarMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $202,600 | $21,200 | $223,800 | $4,780 |
| 2021 | $177,600 | $2,500 | $180,100 | $4,128 |
| 2020 | $176,500 | $2,401 | $178,901 | $4,070 |
| 2019 | $164,800 | $1,348 | $166,148 | $3,926 |
| 2018 | — | $153,613 | $153,613 | $3,698 |
| 2017 | $174,300 | $568 | $174,868 | $4,086 |
| 2016 | — | $132,976 | $132,976 | $2,210 |
| 2015 | — | $133,000 | $133,000 | $2,132 |
| 2014 | — | $107,500 | $107,500 | $1,738 |
| 2013 | — | $93,700 | $93,700 | $1,616 |
| 2012 | — | $109,200 | $109,200 | $1,786 |
Property facts
Year built
1865
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,677 sqft
Lot size
80,150 sqft
ZIP code
56273
City
New London
Street
1st Ave
Coordinates
45.30268, -94.94553
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,016
Gross rental yield
12.05%
Implied cap rate
7.83%
Trend-extrapolated value
—
Frequently asked questions
When did 28 1st Ave last sell?
28 1st Ave most recently sold on Feb 17, 2023 for $400,000.
What is the current tax assessment for 28 1st Ave?
The most recent total assessment for 28 1st Ave (year 2022) is $223,800 with $4,780 in property tax.
How does 28 1st Ave's assessment compare to its last sale price?
The current assessment is 44.1% below the last sale price of $400,000.
When was 28 1st Ave built?
28 1st Ave was built in 1865.
How does 28 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 28 1st Ave?
28 1st Ave is a 4 bed, 2 bath, 2,677 sqft, 80,150 sqft lot single_family.
Is 28 1st Ave a flip candidate?
No — 28 1st Ave does not appear in our flips dataset.
Is 28 1st Ave a tax-appeal candidate?
No — 28 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$386.3K
2026 Q4
$386.3K
ZIP 56273 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave