720 Westland Ln
New London, MN 56273
2 bd 1 ba 1,554 sqft Built 2005 Lot 7,884 sqft townhomes
Most recent sale
$225,100
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $225,100 | MLS #6237462 |
| Jul 20, 2022 | Listed | $199,900 | MLS #6237462 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $167,400 | $26,000 | $193,400 | $3,154 |
| 2021 | $157,400 | $5,266 | $162,666 | $2,800 |
| 2020 | $157,400 | $5,266 | $162,666 | $2,740 |
| 2019 | $156,100 | $5,149 | $161,249 | $2,552 |
| 2018 | $142,200 | $3,898 | $146,098 | $2,552 |
| 2017 | $143,200 | $3,988 | $147,188 | $2,476 |
| 2016 | $143,200 | $3,988 | $147,188 | $2,458 |
| 2015 | $144,500 | $4,105 | $148,605 | $2,370 |
| 2014 | $144,400 | $4,100 | $148,500 | $2,354 |
| 2013 | $143,500 | $4,000 | $147,500 | $2,274 |
| 2012 | $131,200 | $2,900 | $134,100 | $2,610 |
| 2011 | $157,100 | $5,200 | $162,300 | $2,314 |
Property facts
Year built
2005
Property type
townhomes
Stories
1
Beds
2
Baths
1
Living area
1,554 sqft
Lot size
7,884 sqft
ZIP code
56273
City
New London
Street
Westland Ln
Coordinates
45.29753, -94.96529
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
$2,331
Gross rental yield
12.43%
Implied cap rate
8.08%
Trend-extrapolated value
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Frequently asked questions
When did 720 Westland Ln last sell?
720 Westland Ln most recently sold on Aug 12, 2022 for $225,100.
What is the current tax assessment for 720 Westland Ln?
The most recent total assessment for 720 Westland Ln (year 2022) is $193,400 with $3,154 in property tax.
How does 720 Westland Ln's assessment compare to its last sale price?
The current assessment is 14.1% below the last sale price of $225,100.
When was 720 Westland Ln built?
720 Westland Ln was built in 2005.
How does 720 Westland Ln compare to others on Westland Ln?
We track 8 other properties on Westland Ln. Browse the list under "Other properties on Westland Ln" to compare beds, baths, and sale history.
What are the property facts for 720 Westland Ln?
720 Westland Ln is a 2 bed, 1 bath, 1,554 sqft, 7,884 sqft lot townhomes.
Is 720 Westland Ln a flip candidate?
No — 720 Westland Ln does not appear in our flips dataset.
Is 720 Westland Ln a tax-appeal candidate?
No — 720 Westland Ln 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
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Geography
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