510 Payne St
New Ulm, MN 56073
4 bd 2 ba 2,100 sqft Built 1940 Lot 8,712 sqft single_family
Most recent sale
$226,600
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $226,600 | MLS #7029875 |
| May 24, 2022 | Listed | $219,900 | MLS #7029875 |
| May 15, 2020 | Sold | $167,500 | MLS #7023494 |
| Mar 16, 2020 | Listed | $162,900 | MLS #7023494 |
| Apr 14, 2017 | Sold | $120,000 | MLS #7013680 |
| Feb 21, 2017 | Listed | $124,900 | MLS #7013680 |
| May 29, 2014 | Sold | $67,500 | MLS #7000927 |
| Jul 31, 2013 | Sold | $112,500 | MLS #7002826 |
| Jun 17, 2013 | Listed | $118,900 | MLS #7002826 |
| Jan 26, 2013 | Sold | $67,500 | Public Record |
| Nov 14, 2012 | Listed | $65,000 | MLS #7000927 |
| May 6, 2005 | Sold | $108,300 | Public Record |
| Dec 31, 2002 | Sold | $71,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $92,032 | $27,768 | $119,800 | $2,080 |
| 2021 | $91,936 | $27,764 | $119,700 | $2,058 |
| 2020 | $91,936 | $27,764 | $119,700 | $1,950 |
| 2019 | $85,780 | $26,520 | $112,300 | $1,724 |
| 2018 | $74,549 | $25,751 | $100,300 | $1,416 |
| 2017 | $53,195 | $23,805 | $77,000 | $1,346 |
| 2016 | $50,152 | $23,448 | $73,600 | $1,330 |
| 2015 | $49,696 | $23,404 | $73,100 | $1,294 |
| 2014 | $50,152 | $23,448 | $73,600 | $1,086 |
| 2013 | $43,227 | $20,273 | $63,500 | $1,918 |
| 2012 | $63,300 | $29,500 | $92,800 | $733 |
| 2011 | $63,300 | $29,500 | $92,800 | $1,140 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,100 sqft
Lot size
8,712 sqft
ZIP code
56073
City
New Ulm
Street
Payne St
Coordinates
44.31474, -94.47189
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
$1,360
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 510 Payne St last sell?
510 Payne St most recently sold on Jul 15, 2022 for $226,600.
What is the current tax assessment for 510 Payne St?
The most recent total assessment for 510 Payne St (year 2022) is $119,800 with $2,080 in property tax.
How does 510 Payne St's assessment compare to its last sale price?
The current assessment is 47.1% below the last sale price of $226,600.
When was 510 Payne St built?
510 Payne St was built in 1940.
How does 510 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 510 Payne St?
510 Payne St is a 4 bed, 2 bath, 2,100 sqft, 8,712 sqft lot single_family.
Is 510 Payne St a flip candidate?
No — 510 Payne St does not appear in our flips dataset.
Is 510 Payne St a tax-appeal candidate?
No — 510 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