312 7th St
New Richland, MN 56072
2 bd 1 ba 1,032 sqft Built 2008 Lot 5,227 sqft land
Most recent sale
$154,000
Jun 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2022 | Sold | $154,000 | Public Record |
| Feb 17, 2022 | Listing removed | $20,000 | Mankato |
| Dec 18, 2016 | Listing removed | $20,000 | Mankato |
| Dec 18, 2015 | Listed | $20,000 | MLS #7010231 |
| Oct 4, 2012 | Listing removed | $119,000 | NorthstarMLS |
| Oct 3, 2012 | Listing removed | $119,000 | Southeastminnesota |
| Sep 8, 2011 | Listed | $119,000 | MLS #4024542 |
| Oct 3, 2010 | Listed | $119,000 | MLS #3977893 |
| Jun 9, 2009 | Sold | $120,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $125,888 | $2,150 |
| 2023 | — | — | $102,800 | $1,974 |
| 2022 | — | — | $81,500 | $1,792 |
| 2021 | — | — | $88,500 | $1,958 |
| 2020 | — | — | $88,500 | $1,904 |
| 2019 | — | — | $73,800 | $1,596 |
| 2018 | — | — | $65,400 | $1,374 |
| 2017 | — | — | $65,400 | $1,330 |
| 2016 | — | — | $64,200 | $1,288 |
| 2015 | — | — | $64,200 | $1,248 |
| 2014 | — | — | $64,200 | $1,112 |
| 2013 | $68,207 | $4,393 | $72,600 | $1,240 |
| 2012 | $68,207 | $4,393 | $72,600 | $1,202 |
| 2011 | $101,800 | $6,400 | $108,200 | $1,174 |
| 2010 | — | — | $106,500 | $1,430 |
Property facts
Year built
2008
Property type
land
Stories
1
Beds
2
Baths
1
Living area
1,032 sqft
Lot size
5,227 sqft
ZIP code
56072
City
New Richland
Street
7th St
Coordinates
43.90011, -93.49788
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
$1,548
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value
—
Frequently asked questions
When did 312 7th St last sell?
312 7th St most recently sold on Jun 7, 2022 for $154,000.
What is the current tax assessment for 312 7th St?
The most recent total assessment for 312 7th St (year 2025) is $125,888 with $2,150 in property tax.
How does 312 7th St's assessment compare to its last sale price?
The current assessment is 18.3% below the last sale price of $154,000.
When was 312 7th St built?
312 7th St was built in 2008.
How does 312 7th St compare to others on 7th St?
We track 3 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 312 7th St?
312 7th St is a 2 bed, 1 bath, 1,032 sqft, 5,227 sqft lot land.
Is 312 7th St a flip candidate?
No — 312 7th St does not appear in our flips dataset.
Is 312 7th St a tax-appeal candidate?
No — 312 7th 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 7th St