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40200 577th Ln

New Ulm, MN 56073

2 bd 2 ba 2,020 sqft Built 1930 Lot 3,485 sqft single_family
Most recent sale
$90,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $90,000 MLS #7030950
Sep 16, 2022 Listed $74,900 MLS #7030950
Aug 27, 2022 Listing removed $71,000 Mankato
Aug 24, 2017 Listing removed $71,000 Mankato
May 15, 2017 Price changed $71,000 MLS #7014046
Apr 24, 2017 Price changed $74,900 MLS #7014046
Mar 30, 2017 Listed $77,500 MLS #7014046
Dec 3, 2007 Sold $71,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $44,200 $514
2019 $38,400 $520
2011 $52,500 $4,500 $57,000 $388

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,020 sqft
Lot size
3,485 sqft
ZIP code
56073
City
New Ulm
Street
577th Ln
Coordinates
44.36620, -94.42576

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40200 577th Ln last sell?
40200 577th Ln most recently sold on Oct 20, 2022 for $90,000.
What is the current tax assessment for 40200 577th Ln?
The most recent total assessment for 40200 577th Ln (year 2020) is $44,200 with $514 in property tax.
How does 40200 577th Ln's assessment compare to its last sale price?
The current assessment is 50.9% below the last sale price of $90,000.
When was 40200 577th Ln built?
40200 577th Ln was built in 1930.
How does 40200 577th Ln compare to others on 577th Ln?
We do not currently track other properties on 577th Ln.
What are the property facts for 40200 577th Ln?
40200 577th Ln is a 2 bed, 2 bath, 2,020 sqft, 3,485 sqft lot single_family.
Is 40200 577th Ln a flip candidate?
No — 40200 577th Ln does not appear in our flips dataset.
Is 40200 577th Ln a tax-appeal candidate?
No — 40200 577th Ln 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast

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