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313 3rd Ave

New London, MN 56273

3 bd 1 ba 1,212 sqft Built 2005 Lot 11,151 sqft townhomes
Most recent sale
$157,500
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 17, 2021 Sold $157,500 MLS #5769247
Sep 30, 2021 Price changed $159,900 MLS #5769247
Sep 7, 2021 Listed $167,000 MLS #5769247
Feb 24, 2019 Listing removed $99,900 NorthstarMLS
Feb 23, 2019 Listing removed $99,900 NorthstarMLS
Oct 30, 2015 Sold $64,000 MLS #4646978
Sep 21, 2015 Listed $64,000 MLS #6021104
Jul 1, 2013 Sold $87,000 MLS #39399
Apr 24, 2013 Relisted $89,900 MLS #39399
Apr 21, 2013 Listing removed $89,900 Willmar
Apr 2, 2013 Price changed $89,900 MLS #39399
Dec 17, 2012 Price changed $92,000 MLS #39399
Oct 18, 2012 Listing removed $94,900 Arrowhead
Apr 23, 2012 Listed $94,900 MLS #39399
Apr 20, 2012 Listed $94,900 MLS #771546
Mar 26, 2012 Listing removed $99,900 Willmar
Mar 22, 2012 Listing removed $99,900 LakeSuperiorAreaRealtors
Sep 26, 2011 Listed $99,900 MLS #37619
Sep 25, 2011 Listed $99,900 MLS #5161103

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $118,100 $13,000 $131,100 $2,340
2021 $110,500 $13,000 $123,500 $2,482
2020 $110,500 $13,000 $123,500 $2,454
2019 $109,300 $13,000 $122,300 $1,946
2018 $99,200 $13,000 $112,200 $1,814
2017 $93,400 $11,700 $105,100 $1,758
2016 $93,400 $11,700 $105,100 $1,342
2015 $78,409 $78,409 $1,416
2014 $78,300 $78,300 $1,252
2013 $75,800 $75,800 $1,154
2012 $65,200 $65,200 $1,324
2011 $79,400 $79,400 $1,214

Property facts

Year built
2005
Property type
townhomes
Stories
1
Beds
3
Baths
1
Living area
1,212 sqft
Lot size
11,151 sqft
ZIP code
56273
City
New London
Street
3rd Ave
Coordinates
45.29703, -94.95268

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
$1,818
Gross rental yield
13.85%
Implied cap rate
9.00%
Trend-extrapolated value

Frequently asked questions

When did 313 3rd Ave last sell?
313 3rd Ave most recently sold on Dec 17, 2021 for $157,500.
What is the current tax assessment for 313 3rd Ave?
The most recent total assessment for 313 3rd Ave (year 2022) is $131,100 with $2,340 in property tax.
How does 313 3rd Ave's assessment compare to its last sale price?
The current assessment is 16.8% below the last sale price of $157,500.
When was 313 3rd Ave built?
313 3rd Ave was built in 2005.
How does 313 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 313 3rd Ave?
313 3rd Ave is a 3 bed, 1 bath, 1,212 sqft, 11,151 sqft lot townhomes.
Is 313 3rd Ave a flip candidate?
No — 313 3rd Ave does not appear in our flips dataset.
Is 313 3rd Ave a tax-appeal candidate?
No — 313 3rd 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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