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618 State St

New Ulm, MN 56073

4 bd 2 ba 1,960 sqft Built 1905 Lot 8,276 sqft single_family
Most recent sale
$189,000
Dec 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 13, 2025 Sold $205,000 Mankato
Aug 21, 2025 Price changed $205,000 Mankato
Aug 9, 2025 Listed $215,000 Mankato
Dec 17, 2021 Sold $189,000 MLS #7028384
Jun 6, 2019 Sold $148,500 MLS #7020596
May 29, 2014 Sold $101,500 MLS #7003967
Dec 23, 2013 Sold $101,500 Public Record
Oct 31, 2013 Listed $84,900 MLS #7003967
Jul 30, 2003 Sold $121,000 Public Record
Mar 28, 1997 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $92,032 $27,768 $119,800 $2,080
2021 $92,225 $27,775 $120,000 $2,062
2020 $84,173 $26,427 $110,600 $1,922
2019 $82,016 $26,284 $108,300 $1,854
2018 $73,150 $25,650 $98,800 $1,778
2017 $68,234 $25,266 $93,500 $1,676
2016 $67,879 $25,221 $93,100 $1,658
2015 $68,610 $25,290 $93,900 $1,616
2014 $76,378 $23,422 $99,800 $1,634
2013 $77,883 $23,517 $101,400 $1,760
2012 $97,700 $29,500 $127,200 $1,650

Property facts

Year built
1905
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,960 sqft
Lot size
8,276 sqft
ZIP code
56073
City
New Ulm
Street
State St
Coordinates
44.31859, -94.46758

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
$1,134
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 618 State St last sell?
618 State St most recently sold on Dec 17, 2021 for $189,000.
What is the current tax assessment for 618 State St?
The most recent total assessment for 618 State St (year 2022) is $119,800 with $2,080 in property tax.
How does 618 State St's assessment compare to its last sale price?
The current assessment is 36.6% below the last sale price of $189,000.
When was 618 State St built?
618 State St was built in 1905.
How does 618 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 618 State St?
618 State St is a 4 bed, 2 bath, 1,960 sqft, 8,276 sqft lot single_family.
Is 618 State St a flip candidate?
No — 618 State St does not appear in our flips dataset.
Is 618 State St a tax-appeal candidate?
No — 618 State 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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