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506 Broadway St

New Ulm, MN 56073

3 bd 2 ba 2,246 sqft Built 1888 Lot 8,276 sqft single_family
Most recent sale
$149,900
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $149,900 MLS #7029710
May 6, 2022 Listed $149,900 MLS #7029710
Oct 20, 2017 Sold $115,900 MLS #7013544
Aug 24, 2017 Relisted $115,900 MLS #7013544
Jul 25, 2017 Listing removed $117,900 Mankato
May 16, 2017 Price changed $117,900 MLS #7013544
Mar 16, 2017 Price changed $119,900 MLS #7013544
Jan 25, 2017 Listed $124,900 MLS #7013544
May 29, 2014 Sold $29,700 MLS #7000813
Dec 1, 2013 Sold $86,000 Public Record
Apr 8, 2013 Sold $29,700 Public Record
Oct 24, 2012 Listed $44,900 MLS #7000813

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $59,188 $19,212 $78,400 $1,388
2021 $59,825 $19,275 $79,100 $1,388
2020 $59,825 $19,275 $79,100 $1,364
2019 $57,804 $19,096 $76,900 $1,298
2018 $55,416 $18,884 $74,300 $1,180
2017 $45,105 $17,795 $62,900 $1,120
2016 $42,421 $17,479 $59,900 $1,104
2015 $41,989 $17,411 $59,400 $1,014
2014 $38,812 $16,988 $55,800 $450
2013 $10,080 $14,220 $24,300 $612
2012 $11,900 $23,700 $35,600 $588
2011 $11,900 $23,700 $35,600 $560

Property facts

Year built
1888
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,246 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Broadway St
Coordinates
44.31801, -94.46483

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
$899
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 506 Broadway St last sell?
506 Broadway St most recently sold on Aug 24, 2022 for $149,900.
What is the current tax assessment for 506 Broadway St?
The most recent total assessment for 506 Broadway St (year 2022) is $78,400 with $1,388 in property tax.
How does 506 Broadway St's assessment compare to its last sale price?
The current assessment is 47.7% below the last sale price of $149,900.
When was 506 Broadway St built?
506 Broadway St was built in 1888.
How does 506 Broadway St compare to others on Broadway St?
We track 8 other properties on Broadway St. Browse the list under "Other properties on Broadway St" to compare beds, baths, and sale history.
What are the property facts for 506 Broadway St?
506 Broadway St is a 3 bed, 2 bath, 2,246 sqft, 8,276 sqft lot single_family.
Is 506 Broadway St a flip candidate?
No — 506 Broadway St does not appear in our flips dataset.
Is 506 Broadway St a tax-appeal candidate?
No — 506 Broadway 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
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$254.1K
2026 Q4
$258.6K
ZIP 56073 — Median Price History + Forecast

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