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103 1st St

New Richland, MN 56072

6 bd 2 ba 2,411 sqft Built 1876 Lot 5,184 sqft multi_family
Most recent sale
$117,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 31, 2025 Sold $178,800 NorthstarMLS
Feb 21, 2025 Listed $169,000 NorthstarMLS
Aug 12, 2022 Sold $117,000 Public Record
Aug 1, 2022 Sold $117,000 MLS #7030230
Jun 23, 2022 Listed $129,500 MLS #7030230
Sep 29, 2017 Sold $88,440 MLS #4753346
Jan 1, 2017 Sold $76,500 Public Record
Aug 20, 2016 Listed $88,440 MLS #4753346
Jul 31, 2016 Listing removed $88,440 NorthstarMLS
Feb 16, 2016 Listed $88,440 MLS #4679958
Dec 2, 2014 Listing removed $92,900 NorthstarMLS
Dec 1, 2014 Listing removed $92,900 Southeastminnesota
Oct 17, 2014 Price changed $92,900 MLS #4460937
Oct 8, 2014 Price changed $92,999 MLS #4460937
Jun 3, 2014 Relisted $99,800 MLS #4460937
May 30, 2014 Listing removed $99,800 Southeastminnesota
Mar 30, 2014 Listed $99,800 MLS #4052183
Mar 28, 2014 Listed $99,800 MLS #4460937

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,400 $16,500 $132,900 $2,230
2023 $114,200 $10,600 $124,800 $2,352
2022 $95,400 $8,800 $104,200 $2,234
2021 $88,600 $8,200 $96,800 $2,098
2020 $88,600 $8,200 $96,800 $2,194
2019 $88,600 $8,200 $96,800 $1,804
2018 $78,400 $7,200 $85,600 $1,118
2017 $52,600 $1,348
2016 $52,600 $1,146
2015 $42,400 $1,136
2014 $42,400 $1,628
2013 $44,900 $786
2012 $20,800 $7,100 $27,900 $782
2011 $20,800 $7,100 $27,900 $618
2010 $21,300 $7,300 $28,600 $630

Property facts

Year built
1876
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
2,411 sqft
Lot size
5,184 sqft
ZIP code
56072
City
New Richland
Street
1st St
Coordinates
43.89300, -93.49352

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$702
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 103 1st St last sell?
103 1st St most recently sold on Aug 1, 2022 for $117,000.
What is the current tax assessment for 103 1st St?
The most recent total assessment for 103 1st St (year 2025) is $132,900 with $2,230 in property tax.
How does 103 1st St's assessment compare to its last sale price?
The current assessment is 13.6% above the last sale price of $117,000.
When was 103 1st St built?
103 1st St was built in 1876.
How does 103 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 103 1st St?
103 1st St is a 6 bed, 2 bath, 2,411 sqft, 5,184 sqft lot multi_family.
Is 103 1st St a flip candidate?
No — 103 1st St does not appear in our flips dataset.
Is 103 1st St a tax-appeal candidate?
No — 103 1st St 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
-2.3%
Implied 1-yr
-9.0%
2026 Q1
$219.2K
2026 Q2
$213.4K
ZIP 56072 — Median Price History + Forecast

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