Zip Code
302 2nd St SE, New Richland, MN 56072
3 beds · 2 baths · 1,856 sq ft · Lot: 11,238 sq ft · Single Family Home · Last Sold: $75K in 1997 · Built: 1949
Est. Rent:
$2.3K/month

302 2nd St SE New Richland, MN 56072

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3 beds · 2 baths · 1,856 sq ft · Lot Size: 11,238 sq ft · Single Family Home

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302 2nd St SE is in the 56072 neighborhood of New Richland, MN. It is located in Waseca County and ZIP code 56072. This Single Family Home was built in 1949 and is approximately 76 years old. The single family home spans 1856 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11238 sq ft lot. According to public records, it was last sold in 1997 for $75,000 and has a tax-assessed value of $176,500. Analyze and compare real estate investment strategies for properties like this home at 302 2nd St SE New Richland, MN 56072 with Property Intel by Whitepages.

Investment Potential for 302 2nd St SE

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 56072 zip code
 
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Owners & Occupancy for 302 2nd St SE

This property is owned by Barbara J Enevoldsen. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence****************
Landline(507) 465-8122
Distance from Property**********
Email Address***********@comcast.netView Email
Cell Phone(507) ***-****View Cell Phone
Residence****************
Landline(507) 465-8122
Distance from Property**********

Property Ownership Information

Purchase DateJune 20, 1997
Property Tax Amount$2,532 in 2024
Purchase Price$75,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 74
Resident 2******************** age 74

Property Details for 302 2nd St SE

Property Details

Property Sq Ft

Living Area

1,856 sq ft

11% above market

Lot Size

11,238 sq ft

40% below market

Property condition, age, exterior, etc. for 302 2nd St…
Longitude: -93.489318 Latitude: 43.891445 Parcel Number (APN): 15.108.0270…
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Recommended Properties in 56072

Discover more single family homes near 302 2nd St SE in New Richland, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 302 2nd St SE in Waseca County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
YoY Price Change
Year Built
1949
1972
-23 years
Living Space
1,856 sq ft
1,644 sq ft
212 (13%)
$ Per Living Sq Ft
Lot Size
11,238 sq ft
11,705 sq ft
-467 (-4%)
$ Per Lot Sq Ft

Net Operating Income
$18,922
$2,420 (13%)
Annual Revenue
$27,600
$28,200
-$600 (-2%)
$9,056
-$2,798 (-31%)
Net Operating Income
$18,922
$2,420 (13%)
Cap Rate
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians