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16 Highland Ave

New Ulm, MN 56073

2 bd 2 ba 1,672 sqft Built 1956 Lot 8,712 sqft single_family
Most recent sale
$165,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $165,000 Public Record
Apr 27, 2022 Sold $165,000 MLS #7029266
Mar 22, 2022 Listed $159,900 MLS #7029266
Jun 14, 1989 Sold $48,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $54,060 $30,740 $84,800 $1,496
2021 $54,671 $30,829 $85,500 $1,494
2020 $54,671 $30,829 $85,500 $1,164
2019 $45,506 $19,394 $64,900 $1,090
2018 $42,493 $19,007 $61,500 $1,000
2017 $34,310 $17,790 $52,100 $960
2016 $32,674 $17,526 $50,200 $892
2015 $30,334 $16,166 $46,500 $872
2014 $30,679 $16,221 $46,900 $902
2013 $34,520 $16,880 $51,400 $966
2012 $34,871 $16,929 $51,800 $932
2011 $55,000 $26,700 $81,700 $996

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,672 sqft
Lot size
8,712 sqft
ZIP code
56073
City
New Ulm
Street
Highland Ave
Coordinates
44.30574, -94.47570

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
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16 Highland Ave last sell?
16 Highland Ave most recently sold on May 4, 2022 for $165,000.
What is the current tax assessment for 16 Highland Ave?
The most recent total assessment for 16 Highland Ave (year 2022) is $84,800 with $1,496 in property tax.
How does 16 Highland Ave's assessment compare to its last sale price?
The current assessment is 48.6% below the last sale price of $165,000.
When was 16 Highland Ave built?
16 Highland Ave was built in 1956.
How does 16 Highland Ave compare to others on Highland Ave?
We track 8 other properties on Highland Ave. Browse the list under "Other properties on Highland Ave" to compare beds, baths, and sale history.
What are the property facts for 16 Highland Ave?
16 Highland Ave is a 2 bed, 2 bath, 1,672 sqft, 8,712 sqft lot single_family.
Is 16 Highland Ave a flip candidate?
No — 16 Highland Ave does not appear in our flips dataset.
Is 16 Highland Ave a tax-appeal candidate?
No — 16 Highland Ave 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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