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501 Division St

New Richland, MN 56072

2 bd 2 ba 2,174 sqft Built 2010 Lot 7,841 sqft condos
Most recent sale
$185,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $185,000 MLS #6238514
Jul 21, 2022 Listed $189,900 MLS #6238514
Aug 14, 2020 Sold $150,000 MLS #7024212
Jun 29, 2020 Price changed $154,900 MLS #5573438
May 29, 2020 Listed $161,900 MLS #5573438
Jul 14, 2017 Sold $114,900 MLS #4777871
Jun 13, 2017 Relisted $114,900 MLS #4069404
Jun 9, 2017 Relisted $114,900 MLS #4777871
Jun 8, 2017 Listing removed $114,900 NorthstarMLS
Jun 5, 2017 Relisted $114,900 MLS #4069404
May 5, 2017 Relisted $114,900 MLS #4777871
May 2, 2017 Listing removed $114,900 NorthstarMLS
Jan 1, 2017 Sold $114,900 Public Record
Nov 15, 2016 Relisted $114,900 MLS #4069404
Nov 14, 2016 Listed $114,900 MLS #4777871
Oct 30, 2016 Listing removed $114,900 NorthstarMLS
Jun 27, 2016 Price changed $114,900 MLS #4069404
Mar 15, 2016 Listed $119,900 MLS #4069404
Mar 14, 2016 Listed $119,900 MLS #4689870
Dec 19, 2014 Listing removed $119,900 NorthstarMLS
Sep 19, 2014 Relisted $119,900 MLS #4031110
Sep 19, 2014 Listed $119,900 MLS #4529720
Sep 16, 2014 Listing removed $119,900 Southeastminnesota
Jul 21, 2014 Price changed $119,900 MLS #4031110
May 28, 2014 Price changed $129,900 MLS #4031110
Oct 9, 2013 Listing removed $134,900 Arrowhead
Sep 6, 2012 Relisted $134,900 MLS #4031110
Jul 25, 2012 Listing removed $145,900 Mankato
Jul 24, 2012 Listing removed $145,900 NorthstarMLS
Jul 23, 2012 Listing removed $145,900 Southeastminnesota
Jun 8, 2012 Price changed $145,900 MLS #4031110
Sep 8, 2011 Listed $149,900 MLS #4031110
Jul 23, 2011 Listed $134,900 MLS #680174

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $112,700 $2,646
2019 $112,800 $2,252
2018 $94,000 $1,878
2017 $90,800 $3,276
2016 $109,900 $7,600 $117,500 $3,276
2015 $108,600 $7,600 $116,200 $3,216
2014 $108,600 $7,600 $116,200 $3,050
2013 $116,200 $2,854
2012 $95,500 $8,100 $103,600 $2,834
2011 $95,500 $8,100 $103,600 $1,590

Property facts

Year built
2010
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
2,174 sqft
Lot size
7,841 sqft
ZIP code
56072
City
New Richland
Street
Division St
Coordinates
43.89417, -93.49977

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
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Division St last sell?
501 Division St most recently sold on Sep 26, 2022 for $185,000.
What is the current tax assessment for 501 Division St?
The most recent total assessment for 501 Division St (year 2020) is $112,700 with $2,646 in property tax.
How does 501 Division St's assessment compare to its last sale price?
The current assessment is 39.1% below the last sale price of $185,000.
When was 501 Division St built?
501 Division St was built in 2010.
How does 501 Division St compare to others on Division St?
We track 6 other properties on Division St. Browse the list under "Other properties on Division St" to compare beds, baths, and sale history.
What are the property facts for 501 Division St?
501 Division St is a 2 bed, 2 bath, 2,174 sqft, 7,841 sqft lot condos.
Is 501 Division St a flip candidate?
No — 501 Division St does not appear in our flips dataset.
Is 501 Division St a tax-appeal candidate?
No — 501 Division 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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