514 Minnesota St
New Ulm, MN 56073
3 bd 3 ba 2,745 sqft Built 1916 Lot 8,276 sqft single_family
Most recent sale
$230,000
Nov 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 16, 2024 | Sold | $240,000 | Mankato |
| May 22, 2024 | Listed | $249,900 | Mankato |
| Nov 22, 2021 | Sold | $230,000 | MLS #7028184 |
| May 7, 2021 | Sold | $110,000 | MLS #7025702 |
| Jul 7, 2006 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $81,533 | $21,967 | $103,500 | $1,808 |
| 2021 | $92,445 | $22,555 | $115,000 | $1,978 |
| 2020 | $90,531 | $22,469 | $113,000 | $1,962 |
| 2019 | $89,295 | $22,405 | $111,700 | $1,909 |
| 2018 | $76,822 | $21,678 | $98,500 | $2,148 |
| 2017 | $74,570 | $21,530 | $96,100 | $2,104 |
| 2016 | $69,247 | $21,153 | $90,400 | $2,012 |
| 2015 | $69,892 | $21,208 | $91,100 | $2,000 |
| 2014 | $67,713 | $18,987 | $86,700 | $1,436 |
| 2013 | $68,550 | $19,050 | $87,600 | $1,538 |
| 2012 | $89,600 | $24,900 | $114,500 | $1,472 |
Property facts
Year built
1916
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,745 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Minnesota St
Coordinates
44.31889, -94.46370
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,380
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 514 Minnesota St last sell?
514 Minnesota St most recently sold on Nov 22, 2021 for $230,000.
What is the current tax assessment for 514 Minnesota St?
The most recent total assessment for 514 Minnesota St (year 2022) is $103,500 with $1,808 in property tax.
How does 514 Minnesota St's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $230,000.
When was 514 Minnesota St built?
514 Minnesota St was built in 1916.
How does 514 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 514 Minnesota St?
514 Minnesota St is a 3 bed, 3 bath, 2,745 sqft, 8,276 sqft lot single_family.
Is 514 Minnesota St a flip candidate?
Yes — 514 Minnesota St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 514 Minnesota St a tax-appeal candidate?
No — 514 Minnesota St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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