1114 Payne St
New Ulm, MN 56073
3 bd 1 ba 1,088 sqft Built 1945 Lot 8,250 sqft single_family
Most recent sale
$116,000
Apr 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2022 | Sold | $116,000 | MLS #7029432 |
| May 29, 2014 | Sold | $50,000 | MLS #131964 |
| Oct 10, 2012 | Sold | $58,000 | Public Record |
| Aug 14, 2012 | Sold | $50,000 | Public Record |
| Jul 2, 2012 | Listed | $49,900 | MLS #131964 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $42,400 | $33,400 | $75,800 | $1,280 |
| 2021 | $41,400 | $33,400 | $74,800 | $1,248 |
| 2020 | $41,400 | $33,400 | $74,800 | $1,194 |
| 2019 | $38,700 | $32,400 | $71,100 | $1,182 |
| 2018 | $39,100 | $32,400 | $71,500 | $1,190 |
| 2017 | $35,800 | $32,400 | $68,200 | $1,156 |
| 2016 | $34,600 | $32,400 | $67,000 | $1,158 |
| 2015 | $35,000 | $32,400 | $67,400 | $1,122 |
| 2014 | $35,400 | $32,400 | $67,800 | $1,068 |
| 2013 | $38,000 | $29,500 | $67,500 | $946 |
| 2012 | $32,080 | $18,520 | $50,600 | $872 |
| 2011 | $51,100 | $29,500 | $80,600 | $948 |
Property facts
Year built
1945
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,088 sqft
Lot size
8,250 sqft
ZIP code
56073
City
New Ulm
Street
Payne St
Coordinates
44.32071, -94.47756
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$696
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1114 Payne St last sell?
1114 Payne St most recently sold on Apr 4, 2022 for $116,000.
What is the current tax assessment for 1114 Payne St?
The most recent total assessment for 1114 Payne St (year 2022) is $75,800 with $1,280 in property tax.
How does 1114 Payne St's assessment compare to its last sale price?
The current assessment is 34.7% below the last sale price of $116,000.
When was 1114 Payne St built?
1114 Payne St was built in 1945.
How does 1114 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 1114 Payne St?
1114 Payne St is a 3 bed, 1 bath, 1,088 sqft, 8,250 sqft lot single_family.
Is 1114 Payne St a flip candidate?
No — 1114 Payne St does not appear in our flips dataset.
Is 1114 Payne St a tax-appeal candidate?
No — 1114 Payne 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
Explore nearby
Geography
Other properties on Payne St