700 Payne St
New Ulm, MN 56073
4 bd 2 ba 2,120 sqft Built 1983 Lot 8,276 sqft single_family
Most recent sale
$254,900
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $254,900 | MLS #7030433 |
| Jun 11, 2020 | Sold | $191,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $196,400 | $38,400 | $234,800 | $3,372 |
| 2022 | $103,980 | $28,420 | $132,400 | $2,290 |
| 2021 | $101,327 | $28,273 | $129,600 | $2,220 |
| 2020 | $101,327 | $28,273 | $129,600 | $2,084 |
| 2019 | $93,326 | $26,974 | $120,300 | $2,028 |
| 2018 | $92,094 | $26,906 | $119,000 | $2,252 |
| 2017 | $92,738 | $29,662 | $122,400 | $2,132 |
| 2016 | $86,592 | $29,408 | $116,000 | $2,114 |
| 2015 | $86,019 | $28,881 | $114,900 | $2,068 |
| 2014 | $87,067 | $28,933 | $116,000 | $1,966 |
| 2013 | $88,312 | $26,288 | $114,600 | $2,028 |
| 2012 | $85,047 | $26,053 | $111,100 | $1,936 |
| 2011 | $94,100 | $29,500 | $123,600 | $1,726 |
Property facts
Year built
1983
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,120 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
Payne St
Coordinates
44.31646, -94.47353
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,529
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 700 Payne St last sell?
700 Payne St most recently sold on Jul 15, 2022 for $254,900.
What is the current tax assessment for 700 Payne St?
The most recent total assessment for 700 Payne St (year 2025) is $234,800 with $3,372 in property tax.
How does 700 Payne St's assessment compare to its last sale price?
The current assessment is 7.9% below the last sale price of $254,900.
When was 700 Payne St built?
700 Payne St was built in 1983.
How does 700 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 700 Payne St?
700 Payne St is a 4 bed, 2 bath, 2,120 sqft, 8,276 sqft lot single_family.
Is 700 Payne St a flip candidate?
No — 700 Payne St does not appear in our flips dataset.
Is 700 Payne St a tax-appeal candidate?
No — 700 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