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106 Payne St

New Ulm, MN 56073

3 bd 2 ba 2,408 sqft Built 1956 Lot 8,276 sqft single_family
Most recent sale
$226,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $226,000 MLS #7029696
May 7, 2022 Listed $209,900 MLS #7029696
May 5, 2022 Listed $209,900 MLS #6184557
Dec 4, 2009 Sold $144,200 MLS #121985
Oct 12, 2009 Listed $139,900 MLS #121985

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $90,227 $27,673 $117,900 $2,048
2021 $90,227 $27,673 $117,900 $2,028
2020 $90,227 $27,673 $117,900 $2,092
2019 $93,807 $26,993 $120,800 $2,040
2018 $92,767 $26,933 $119,700 $1,936
2017 $82,016 $26,284 $108,300 $1,846
2016 $77,905 $25,995 $103,900 $1,830
2015 $77,525 $25,975 $103,500 $1,780
2014 $78,190 $26,010 $104,200 $1,646
2013 $77,140 $23,460 $100,600 $1,762
2012 $77,979 $23,521 $101,500 $1,654
2011 $92,700 $29,500 $122,200 $1,548

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,408 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Payne St
Coordinates
44.31073, -94.46806

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,356
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 106 Payne St last sell?
106 Payne St most recently sold on Jul 1, 2022 for $226,000.
What is the current tax assessment for 106 Payne St?
The most recent total assessment for 106 Payne St (year 2022) is $117,900 with $2,048 in property tax.
How does 106 Payne St's assessment compare to its last sale price?
The current assessment is 47.8% below the last sale price of $226,000.
When was 106 Payne St built?
106 Payne St was built in 1956.
How does 106 Payne St compare to others on Payne St?
We track 8 other properties on Payne St. Browse the list under "Other properties on Payne St" to compare beds, baths, and sale history.
What are the property facts for 106 Payne St?
106 Payne St is a 3 bed, 2 bath, 2,408 sqft, 8,276 sqft lot single_family.
Is 106 Payne St a flip candidate?
No — 106 Payne St does not appear in our flips dataset.
Is 106 Payne St a tax-appeal candidate?
No — 106 Payne 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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