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421 3rd St

New Richland, MN 56072

3 bd 2 ba 1,175 sqft Built 1966 Lot 10,890 sqft single_family
Most recent sale
$157,500
Jul 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 20, 2022 Sold $157,500 MLS #6190961
May 12, 2022 Listed $150,000 MLS #6190961
Jul 20, 2021 Sold $70,500 Public Record
Sep 14, 2016 Sold $20,100 Public Record
Jan 1, 2016 Sold $20,100 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $137,100 $15,700 $152,800 $2,560
2023 $112,100 $14,700 $126,800 $2,388
2022 $93,700 $12,300 $106,000 $2,272
2021 $78,800 $11,400 $90,200 $1,956
2020 $78,800 $11,400 $90,200 $1,906
2019 $78,800 $11,400 $90,200 $1,688
2018 $70,000 $10,000 $80,000 $1,568
2017 $68,100 $9,200 $77,300 $978
2016 $47,000 $902
2015 $44,000 $880
2014 $44,000 $820
2013 $46,400 $944
2012 $47,900 $6,400 $54,300 $914
2011 $47,900 $6,400 $54,300 $890
2010 $77,800 $10,200 $88,000 $892

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,175 sqft
Lot size
10,890 sqft
ZIP code
56072
City
New Richland
Street
3rd St
Coordinates
43.89747, -93.49926

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
$1,763
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value

Frequently asked questions

When did 421 3rd St last sell?
421 3rd St most recently sold on Jul 20, 2022 for $157,500.
What is the current tax assessment for 421 3rd St?
The most recent total assessment for 421 3rd St (year 2025) is $152,800 with $2,560 in property tax.
How does 421 3rd St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $157,500.
When was 421 3rd St built?
421 3rd St was built in 1966.
How does 421 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 421 3rd St?
421 3rd St is a 3 bed, 2 bath, 1,175 sqft, 10,890 sqft lot single_family.
Is 421 3rd St a flip candidate?
Yes — 421 3rd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 421 3rd St a tax-appeal candidate?
No — 421 3rd 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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