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505 Birch Ave

New Richland, MN 56072

2 bd 1 ba 1,088 sqft Built 1900 Lot 6,534 sqft land
Most recent sale
$144,900
Nov 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2024 Sold $175,000 Public Record
Jun 27, 2024 Sold $175,000 NorthstarMLS
Nov 11, 2022 Sold $144,900 NorthstarMLS
Sep 23, 2022 Listed $144,900 NorthstarMLS
Oct 18, 2019 Sold $99,400 Public Record
Nov 28, 2011 Sold $41,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $70,200 $1,554
2021 $61,200 $1,374
2020 $61,200 $1,336
2019 $50,100 $1,764
2018 $44,100 $1,628
2017 $44,100 $1,622
2016 $41,800 $1,580
2015 $41,800 $1,580
2014 $40,900 $726
2013 $35,075 $4,925 $40,000 $706
2012 $35,075 $4,925 $40,000 $686
2011 $61,200 $8,500 $69,700 $662
2010 $69,700 $664

Property facts

Year built
1900
Property type
land
Stories
1
Beds
2
Baths
1
Living area
1,088 sqft
Lot size
6,534 sqft
ZIP code
56072
City
New Richland
Street
Birch Ave
Coordinates
43.89866, -93.49639

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,632
Gross rental yield
13.52%
Implied cap rate
8.79%
Trend-extrapolated value

Frequently asked questions

When did 505 Birch Ave last sell?
505 Birch Ave most recently sold on Nov 11, 2022 for $144,900.
What is the current tax assessment for 505 Birch Ave?
The most recent total assessment for 505 Birch Ave (year 2022) is $70,200 with $1,554 in property tax.
How does 505 Birch Ave's assessment compare to its last sale price?
The current assessment is 51.6% below the last sale price of $144,900.
When was 505 Birch Ave built?
505 Birch Ave was built in 1900.
How does 505 Birch Ave compare to others on Birch Ave?
We track 8 other properties on Birch Ave. Browse the list under "Other properties on Birch Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Birch Ave?
505 Birch Ave is a 2 bed, 1 bath, 1,088 sqft, 6,534 sqft lot land.
Is 505 Birch Ave a flip candidate?
Yes — 505 Birch Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Birch Ave a tax-appeal candidate?
No — 505 Birch Ave 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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