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512 Jefferson St

New Ulm, MN 56073

3 bd 2 ba 2,454 sqft Built 1951 Lot 8,233 sqft single_family
Most recent sale
$145,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2024 Sold $200,000 NorthstarMLS
Mar 6, 2024 Price changed $199,900 NorthstarMLS
Feb 15, 2024 Price changed $204,900 NorthstarMLS
Feb 9, 2024 Price changed $214,900 NorthstarMLS
Jan 31, 2024 Listed $224,900 NorthstarMLS
May 13, 2022 Sold $145,000 Public Record
Jul 13, 2018 Sold $145,000 Public Record
Aug 23, 2005 Sold $130,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $87,122 $27,478 $114,600 $1,993
2021 $87,027 $27,473 $114,500 $1,971
2020 $80,530 $26,170 $106,700 $1,858
2019 $79,121 $26,079 $105,200 $1,804
2018 $86,200 $32,400 $118,600 $2,042
2017 $80,000 $32,400 $112,400 $1,918
2016 $61,270 $24,630 $85,900 $1,540
2015 $61,901 $24,699 $86,600 $1,500
2014 $60,988 $22,212 $83,200 $1,384
2013 $61,622 $22,278 $83,900 $1,480
2012 $81,600 $29,500 $111,100 $1,422

Property facts

Year built
1951
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,454 sqft
Lot size
8,233 sqft
ZIP code
56073
City
New Ulm
Street
Jefferson St
Coordinates
44.31551, -94.47063

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
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 512 Jefferson St last sell?
512 Jefferson St most recently sold on May 13, 2022 for $145,000.
What is the current tax assessment for 512 Jefferson St?
The most recent total assessment for 512 Jefferson St (year 2022) is $114,600 with $1,993 in property tax.
How does 512 Jefferson St's assessment compare to its last sale price?
The current assessment is 21.0% below the last sale price of $145,000.
When was 512 Jefferson St built?
512 Jefferson St was built in 1951.
How does 512 Jefferson St compare to others on Jefferson St?
We track 8 other properties on Jefferson St. Browse the list under "Other properties on Jefferson St" to compare beds, baths, and sale history.
What are the property facts for 512 Jefferson St?
512 Jefferson St is a 3 bed, 2 bath, 2,454 sqft, 8,233 sqft lot single_family.
Is 512 Jefferson St a flip candidate?
Yes — 512 Jefferson St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 512 Jefferson St a tax-appeal candidate?
No — 512 Jefferson 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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