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711 Franklin St

New Ulm, MN 56073

4 bd 3 ba 2,080 sqft Built 1926 Lot 8,250 sqft single_family
Most recent sale
$235,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $235,000 MLS #7029967
Jun 3, 2022 Relisted $205,000 MLS #7029967
Jun 1, 2022 Listing removed $205,000 Mankato
Jan 18, 2018 Sold $160,400 MLS #7016333
Nov 30, 2017 Listed $159,900 MLS #7016333
Jan 6, 2015 Sold $150,000 Public Record
Dec 12, 2014 Sold $150,000 MLS #7006785
Oct 17, 2014 Listed $144,500 MLS #7006785
Apr 29, 2009 Sold $127,900 MLS #115661
Mar 4, 2009 Relisted $127,900 MLS #115661
Feb 22, 2009 Listing removed $127,900 Mankato
Mar 21, 2008 Listed $127,900 MLS #115661
Nov 25, 2002 Sold $109,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $91,091 $27,709 $118,800 $2,064
2021 $91,091 $27,709 $118,800 $2,042
2020 $91,091 $27,709 $118,800 $1,932
2019 $84,747 $26,453 $111,200 $1,858
2018 $82,207 $26,293 $108,500 $1,774
2017 $72,961 $25,639 $98,600 $1,692
2016 $69,175 $25,325 $94,500 $1,674
2015 $68,704 $25,296 $94,000 $1,572
2014 $66,022 $25,078 $91,100 $1,438
2013 $64,299 $22,501 $86,800 $1,540
2012 $65,125 $22,575 $87,700 $1,440
2011 $82,400 $29,500 $111,900 $1,390

Property facts

Year built
1926
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,080 sqft
Lot size
8,250 sqft
ZIP code
56073
City
New Ulm
Street
Franklin St
Coordinates
44.31764, -94.47179

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
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 711 Franklin St last sell?
711 Franklin St most recently sold on Aug 1, 2022 for $235,000.
What is the current tax assessment for 711 Franklin St?
The most recent total assessment for 711 Franklin St (year 2022) is $118,800 with $2,064 in property tax.
How does 711 Franklin St's assessment compare to its last sale price?
The current assessment is 49.4% below the last sale price of $235,000.
When was 711 Franklin St built?
711 Franklin St was built in 1926.
How does 711 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 711 Franklin St?
711 Franklin St is a 4 bed, 3 bath, 2,080 sqft, 8,250 sqft lot single_family.
Is 711 Franklin St a flip candidate?
No — 711 Franklin St does not appear in our flips dataset.
Is 711 Franklin St a tax-appeal candidate?
No — 711 Franklin 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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