131 3rd St
New Richland, MN 56072
3 bd 3 ba 1,850 sqft Built 1900 Lot 8,751 sqft single_family
Most recent sale
$120,000
Apr 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 8, 2022 | Sold | $129,500 | NorthstarMLS |
| Apr 15, 2022 | Sold | $120,000 | MLS #6150108 |
| Mar 9, 2022 | Price changed | $114,000 | MLS #6150108 |
| Mar 8, 2022 | Listed | $125,000 | MLS #6150108 |
| Aug 14, 2020 | Sold | $107,000 | MLS #5616801 |
| Jul 2, 2020 | Listed | $107,000 | MLS #5616801 |
| Mar 1, 2018 | Sold | $89,900 | MLS #4855907 |
| Jan 1, 2018 | Sold | $89,900 | Public Record |
| Nov 17, 2017 | Price changed | $89,900 | MLS #4081566 |
| Jul 19, 2017 | Listed | $99,900 | MLS #4081566 |
| Aug 1, 2011 | Sold | $99,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $72,369 | $1,268 |
| 2023 | — | — | $66,000 | $1,292 |
| 2022 | — | — | $49,000 | $1,106 |
| 2021 | — | — | $61,400 | $1,378 |
| 2020 | — | — | $61,400 | $1,340 |
| 2019 | — | — | $50,000 | $1,104 |
| 2018 | $67,200 | $9,200 | $76,400 | $2,030 |
| 2017 | $67,200 | $9,200 | $76,400 | $1,982 |
| 2016 | $65,600 | $9,200 | $74,800 | $1,960 |
| 2015 | $65,600 | $9,200 | $74,800 | $1,912 |
| 2014 | — | — | $47,800 | $842 |
| 2013 | $49,516 | $6,484 | $56,000 | $972 |
| 2012 | $49,516 | $6,484 | $56,000 | $942 |
| 2011 | $78,000 | $10,200 | $88,200 | $892 |
| 2010 | — | — | $88,200 | $1,188 |
Property facts
Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,850 sqft
Lot size
8,751 sqft
ZIP code
56072
City
New Richland
Street
3rd St
Coordinates
43.89739, -93.49194
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 131 3rd St last sell?
131 3rd St most recently sold on Apr 15, 2022 for $120,000.
What is the current tax assessment for 131 3rd St?
The most recent total assessment for 131 3rd St (year 2025) is $72,369 with $1,268 in property tax.
How does 131 3rd St's assessment compare to its last sale price?
The current assessment is 39.7% below the last sale price of $120,000.
When was 131 3rd St built?
131 3rd St was built in 1900.
How does 131 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 131 3rd St?
131 3rd St is a 3 bed, 3 bath, 1,850 sqft, 8,751 sqft lot single_family.
Is 131 3rd St a flip candidate?
No — 131 3rd St does not appear in our flips dataset.
Is 131 3rd St a tax-appeal candidate?
No — 131 3rd 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 3rd St