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516 Front St

New Ulm, MN 56073

4 bd 2 ba 1,502 sqft Built 1888 Lot 8,233 sqft single_family
Most recent sale
$96,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2025 Sold $150,500 NorthstarMLS
Jan 1, 2025 Listing removed $149,700 Mankato
Nov 4, 2024 Price changed $149,700 NorthstarMLS
Sep 6, 2024 Listed $155,000 NorthstarMLS
Jun 24, 2022 Sold $96,000 MLS #7029799
May 16, 2022 Listed $99,900 MLS #7029799

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $103,800 $24,000 $127,800 $1,854
2022 $52,610 $14,590 $67,200 $1,202
2021 $52,064 $14,536 $66,600 $1,182
2020 $48,702 $13,798 $62,500 $1,124
2019 $46,227 $13,573 $59,800 $1,062
2018 $36,848 $12,552 $49,400 $956
2017 $34,987 $12,313 $47,300 $912
2016 $35,601 $12,399 $48,000 $916
2015 $34,539 $12,261 $46,800 $870
2014 $36,888 $11,312 $48,200 $854
2013 $37,511 $11,389 $48,900 $918
2012 $60,600 $18,400 $79,000 $920

Property facts

Year built
1888
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,502 sqft
Lot size
8,233 sqft
ZIP code
56073
City
New Ulm
Street
Front St
Coordinates
44.31023, -94.44865

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$576
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Front St last sell?
516 Front St most recently sold on Jun 24, 2022 for $96,000.
What is the current tax assessment for 516 Front St?
The most recent total assessment for 516 Front St (year 2025) is $127,800 with $1,854 in property tax.
How does 516 Front St's assessment compare to its last sale price?
The current assessment is 33.1% above the last sale price of $96,000.
When was 516 Front St built?
516 Front St was built in 1888.
How does 516 Front St compare to others on Front St?
We track 8 other properties on Front St. Browse the list under "Other properties on Front St" to compare beds, baths, and sale history.
What are the property facts for 516 Front St?
516 Front St is a 4 bed, 2 bath, 1,502 sqft, 8,233 sqft lot single_family.
Is 516 Front St a flip candidate?
No — 516 Front St does not appear in our flips dataset.
Is 516 Front St a tax-appeal candidate?
No — 516 Front 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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