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1104 Payne St

New Ulm, MN 56073

3 bd 1 ba 2,240 sqft Built 1967 Lot 12,400 sqft single_family
Most recent sale
$190,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2021 Sold $190,000 MLS #7028373
Sep 30, 2019 Sold $169,900 MLS #7021929
Jan 12, 2018 Sold $152,000 MLS #7016513

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $89,613 $37,887 $127,500 $2,208
2021 $90,281 $37,919 $128,200 $2,198
2020 $90,281 $37,919 $128,200 $2,066
2019 $86,484 $32,816 $119,300 $2,012
2018 $85,268 $32,732 $118,000 $1,514
2017 $53,277 $29,723 $83,000 $1,458
2016 $50,967 $29,433 $80,400 $1,236
2015 $43,670 $23,730 $67,400 $1,208
2014 $44,272 $23,828 $68,100 $1,180
2013 $45,775 $24,025 $69,800 $1,264
2012 $46,382 $24,118 $70,500 $1,160
2011 $65,000 $33,800 $98,800 $1,360

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,240 sqft
Lot size
12,400 sqft
ZIP code
56073
City
New Ulm
Street
Payne St
Coordinates
44.29804, -94.45735

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
$1,140
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1104 Payne St last sell?
1104 Payne St most recently sold on Dec 21, 2021 for $190,000.
What is the current tax assessment for 1104 Payne St?
The most recent total assessment for 1104 Payne St (year 2022) is $127,500 with $2,208 in property tax.
How does 1104 Payne St's assessment compare to its last sale price?
The current assessment is 32.9% below the last sale price of $190,000.
When was 1104 Payne St built?
1104 Payne St was built in 1967.
How does 1104 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 1104 Payne St?
1104 Payne St is a 3 bed, 1 bath, 2,240 sqft, 12,400 sqft lot single_family.
Is 1104 Payne St a flip candidate?
No — 1104 Payne St does not appear in our flips dataset.
Is 1104 Payne St a tax-appeal candidate?
No — 1104 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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