Zip Code
409 Division St W, New Richland, MN 56072
3 beds · 1 bath · 1,712 sq ft · Lot: 15,899 sq ft · Single Family Home · Last Sold: $98K in 2016 · Built: 1950
Est. Rent:
$2.3K/month

409 Division St W New Richland, MN 56072

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3 beds · 1 bath · 1,712 sq ft · Lot Size: 15,899 sq ft · Single Family Home

Owned for 5 - 10 YearsOwner Age 35 - 45

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409 Division St W 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 1950 and is approximately 75 years old. The single family home spans 1712 sq ft with 3 bedrooms and 1 bathroom and sits on a 15899 sq ft lot. According to public records, it was last sold in 2016 for $98,000 and has a tax-assessed value of $169,400. Analyze and compare real estate investment strategies for properties like this home at 409 Division St W New Richland, MN 56072 with Property Intel by Whitepages.

Investment Potential for 409 Division St W

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
—
Occupancy Rate
87%in 56072 zip code
 
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Owners & Occupancy for 409 Division St W

This property is owned by David L Hedin. Owner contact information includes 2 phone numbers and 1 email address.

Property Owners

Cell Phone(507) ***-****View Cell Phone
Residence****************
Landline(507) 465-0147
Distance from Property**********
Email Address**************@gmail.comView Email

Cell Phone(507) ***-****View Cell Phone
Residence****************
Landline(507) 239-2288
Distance from Property**********
Email Address****************@gmail.comView Email
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Property Ownership Information

Purchase DateMay 17, 2016
Property Tax Amount$2,410 in 2024
Purchase Price$98,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 47
Resident 2**************
Resident 3************** age 62
Resident 4************* age 41

Property Details for 409 Division St W

Property Details

Property Sq Ft

Living Area

1,712 sq ft

3% above market

Lot Size

15,899 sq ft

15% below market

Property condition, age, exterior, etc. for 409 Divisi…
Longitude: -93.498614 Latitude: 43.89421 Parcel Number (APN): 15.777.0280…
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Market Benchmarks

Compare data for 409 Division St W 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
1950
1972
-22 years
Living Space
1,712 sq ft
1,644 sq ft
68 (4%)
$ Per Living Sq Ft
—
—
—
Lot Size
15,899 sq ft
11,705 sq ft
4194 (36%)
$ Per Lot Sq Ft
—
—
—

Net Operating Income
$*****
$18,922
$2,542 (13%)
Annual Revenue
$27,600
$28,200
-$600 (-2%)
$****
$9,056
-$2,920 (-32%)
Net Operating Income
$*****
$18,922
$2,542 (13%)
Cap Rate
—
—
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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