616 7th St
New Ulm, MN 56073
2 bd 1 ba 2,460 sqft Built 1961 Lot 3,920 sqft single_family
Most recent sale
$160,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $160,000 | MLS #7030296 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $72,452 | $19,548 | $92,000 | $1,616 |
| 2021 | $72,261 | $19,539 | $91,800 | $1,598 |
| 2020 | $72,261 | $19,539 | $91,800 | $1,486 |
| 2019 | $65,777 | $18,523 | $84,300 | $1,440 |
| 2018 | $64,564 | $18,436 | $83,000 | $1,434 |
| 2017 | $53,668 | $17,532 | $71,200 | $1,342 |
| 2016 | $48,925 | $17,075 | $66,000 | $1,348 |
| 2015 | $49,386 | $17,114 | $66,500 | $1,324 |
| 2014 | $49,922 | $17,178 | $67,100 | $1,256 |
| 2013 | $50,180 | $15,520 | $65,700 | $1,326 |
| 2012 | $49,825 | $15,475 | $65,300 | $1,248 |
| 2011 | $71,000 | $22,300 | $93,300 | $1,258 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
2,460 sqft
Lot size
3,920 sqft
ZIP code
56073
City
New Ulm
Street
7th St
Coordinates
44.31918, -94.46795
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$960
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 616 7th St last sell?
616 7th St most recently sold on Jun 30, 2022 for $160,000.
What is the current tax assessment for 616 7th St?
The most recent total assessment for 616 7th St (year 2022) is $92,000 with $1,616 in property tax.
How does 616 7th St's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $160,000.
When was 616 7th St built?
616 7th St was built in 1961.
How does 616 7th St compare to others on 7th St?
We track 8 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 616 7th St?
616 7th St is a 2 bed, 1 bath, 2,460 sqft, 3,920 sqft lot single_family.
Is 616 7th St a flip candidate?
No — 616 7th St does not appear in our flips dataset.
Is 616 7th St a tax-appeal candidate?
No — 616 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 7th St