121 2nd St
New Richland, MN 56072
3 bd 2 ba 1,456 sqft Built 1922 Lot 7,405 sqft single_family
Most recent sale
$114,500
Apr 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 20, 2024 | Listing removed | $102,500 | Mankato |
| Mar 5, 2024 | Sold | $149,900 | NorthstarMLS |
| Jan 28, 2024 | Listed | $149,900 | Mankato |
| Apr 1, 2022 | Sold | $114,500 | MLS #6147463 |
| Jan 31, 2022 | Listed | $114,500 | MLS #6147463 |
| Mar 5, 2020 | Listing removed | $102,500 | NorthstarMLS |
| Mar 1, 2020 | Listing removed | $96,500 | NorthstarMLS |
| Mar 27, 2019 | Listed | $96,500 | MLS #5205542 |
| Mar 19, 2019 | Listing removed | $102,500 | NorthstarMLS |
| Mar 11, 2019 | Listing removed | $79,000 | NorthstarMLS |
| Dec 10, 2018 | Listing removed | $79,000 | GreaterLakes |
| Sep 24, 2018 | Listed | $102,500 | MLS #4091400 |
| Sep 18, 2018 | Listed | $102,500 | MLS #5033928 |
| Nov 8, 2017 | Sold | $89,000 | Public Record |
| Jan 1, 2017 | Sold | $89,000 | Public Record |
| Mar 3, 2016 | Listing removed | $79,000 | Southeastminnesota |
| Sep 3, 2015 | Listed | $79,000 | MLS #5084105 |
| Jan 5, 2015 | Sold | $24,500 | MLS #4547432 |
| Dec 3, 2014 | Listed | $23,900 | MLS #4547432 |
| Jan 1, 2014 | Sold | $24,500 | Public Record |
| Sep 16, 2003 | Sold | $76,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $121,200 | $18,000 | $139,200 | $2,334 |
| 2020 | — | — | $46,400 | $1,028 |
| 2019 | — | — | $40,700 | $906 |
| 2018 | — | — | $39,500 | $850 |
| 2017 | $58,600 | $7,200 | $65,800 | $1,286 |
| 2016 | $57,200 | $7,200 | $64,400 | $1,252 |
| 2015 | $57,200 | $7,200 | $64,400 | $1,198 |
| 2014 | — | — | $68,100 | $1,148 |
| 2013 | $40,116 | $4,684 | $44,800 | $788 |
| 2012 | $40,116 | $4,684 | $44,800 | $964 |
| 2011 | $68,400 | $8,000 | $76,400 | $726 |
| 2010 | — | — | $76,400 | $728 |
Property facts
Year built
1922
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
7,405 sqft
ZIP code
56072
City
New Richland
Street
2nd St
Coordinates
43.89639, -93.49507
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
$687
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 121 2nd St last sell?
121 2nd St most recently sold on Apr 1, 2022 for $114,500.
What is the current tax assessment for 121 2nd St?
The most recent total assessment for 121 2nd St (year 2025) is $139,200 with $2,334 in property tax.
How does 121 2nd St's assessment compare to its last sale price?
The current assessment is 21.6% above the last sale price of $114,500.
When was 121 2nd St built?
121 2nd St was built in 1922.
How does 121 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 121 2nd St?
121 2nd St is a 3 bed, 2 bath, 1,456 sqft, 7,405 sqft lot single_family.
Is 121 2nd St a flip candidate?
Yes — 121 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 121 2nd St a tax-appeal candidate?
No — 121 2nd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.0%
2026 Q1
$219.2K
2026 Q2
$213.4K
ZIP 56072 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 2nd St