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507 Minnesota St

New Ulm, MN 56073

3 bd 2 ba 2,024 sqft Built 1900 Lot 8,276 sqft single_family
Most recent sale
$147,500
Nov 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2021 Sold $147,500 MLS #7028273
Aug 12, 2016 Sold $115,900 MLS #7011446
May 3, 2016 Listed $115,900 MLS #7011446
May 29, 2014 Sold $99,900 MLS #130846
Jun 18, 2012 Sold $99,900 Public Record
May 3, 2012 Listed $99,900 MLS #130846
May 2, 2011 Sold $25,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $68,774 $21,126 $89,900 $1,580
2021 $67,015 $20,985 $88,000 $1,534
2020 $64,506 $20,794 $85,300 $1,502
2019 $61,838 $20,562 $82,400 $1,431
2018 $53,678 $19,822 $73,500 $1,732
2017 $50,324 $19,476 $69,800 $1,670
2016 $46,468 $19,032 $65,500 $1,602
2015 $46,995 $19,105 $66,100 $1,606
2014 $45,126 $16,974 $62,100 $1,064
2013 $9,772 $14,928 $24,700 $484
2012 $16,300 $24,900 $41,200 $936

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,024 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Minnesota St
Coordinates
44.31829, -94.46424

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
$885
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 Minnesota St last sell?
507 Minnesota St most recently sold on Nov 30, 2021 for $147,500.
What is the current tax assessment for 507 Minnesota St?
The most recent total assessment for 507 Minnesota St (year 2022) is $89,900 with $1,580 in property tax.
How does 507 Minnesota St's assessment compare to its last sale price?
The current assessment is 39.1% below the last sale price of $147,500.
When was 507 Minnesota St built?
507 Minnesota St was built in 1900.
How does 507 Minnesota St compare to others on Minnesota St?
We track 8 other properties on Minnesota St. Browse the list under "Other properties on Minnesota St" to compare beds, baths, and sale history.
What are the property facts for 507 Minnesota St?
507 Minnesota St is a 3 bed, 2 bath, 2,024 sqft, 8,276 sqft lot single_family.
Is 507 Minnesota St a flip candidate?
No — 507 Minnesota St does not appear in our flips dataset.
Is 507 Minnesota St a tax-appeal candidate?
No — 507 Minnesota 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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