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313 2nd Ave

New London, MN 56273

4 bd 2 ba 3,222 sqft Built 1979 Lot 9,017 sqft single_family
Most recent sale
$234,575
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $234,575 MLS #6245220
Aug 5, 2022 Listed $229,000 MLS #6245220

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $134,100 $9,900 $144,000 $420

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
3,222 sqft
Lot size
9,017 sqft
ZIP code
56273
City
New London
Street
2nd Ave
Coordinates
45.30394, -94.93886

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,407
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 313 2nd Ave last sell?
313 2nd Ave most recently sold on Sep 30, 2022 for $234,575.
What is the current tax assessment for 313 2nd Ave?
The most recent total assessment for 313 2nd Ave (year 2022) is $144,000 with $420 in property tax.
How does 313 2nd Ave's assessment compare to its last sale price?
The current assessment is 38.6% below the last sale price of $234,575.
When was 313 2nd Ave built?
313 2nd Ave was built in 1979.
How does 313 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 313 2nd Ave?
313 2nd Ave is a 4 bed, 2 bath, 3,222 sqft, 9,017 sqft lot single_family.
Is 313 2nd Ave a flip candidate?
No — 313 2nd Ave does not appear in our flips dataset.
Is 313 2nd Ave a tax-appeal candidate?
No — 313 2nd 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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