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$50,000

Listing Price

2beds

1baths

808sqft

9,148sqft lot

503 1st Street Sw, New Richland, MN 56072

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

49.5

Price / sqft

1900

Year built

Home Details

Looking for your next project or investment? This oversized corner lot is located on a quiet dead-end just blocks from New Richland Schools perfect for families or rental prospects!nnSome renovation work has already been started so pick up where they left off or start from scratch and make it your own!nWhether youre an investor, developer or flipper this is your chance to add value in a great location. Dont miss out opportunities in this area dont last long!

Interior Details

Square Feet
  • 808

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Concrete/cement

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 9148

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Contemporary

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$308

$9,900

$35,700

--%

$45,600

2018

$548

$8,800

$31,600

--%

$40,400

2017

$522

$4,856

$19,244

--%

$24,100

-1

$-1

$4,864

$19,636

--%

$24,500

-1

$-1

$4,868

$19,232

--%

$24,100

percent-home-icon

Average Home Price in 56072

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$168,766

2 Beds

1.75 Baths

885 Sqft

15,682 Lot (sqft)

Sold 08/01/2026

$170,277

3 Beds

1 Baths

846 Sqft

14,810 Lot (sqft)

Sold 10/06/2026

$164,900

2 Beds

2 Baths

856 Sqft

11,326 Lot (sqft)

Sold 09/29/2026

$175,000

3 Beds

2 Baths

897 Sqft

7,841 Lot (sqft)

Sold 09/29/2026

$70,000

3 Beds

2 Baths

880 Sqft

10,454 Lot (sqft)

Sold 09/29/2026

$170,000

2 Beds

1 Baths

884 Sqft

11,326 Lot (sqft)

Sold 10/05/2026

$50,000

2 Beds

1 Baths

808 Sqft

9,148 Lot (sqft)

Sold 09/29/2026

$187,086

3 Beds

1.5 Baths

896 Sqft

10,019 Lot (sqft)

Sold 10/06/2026

$178,019

2 Beds

1 Baths

702 Sqft

9,148 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
50,000
$
Down payment
10,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
300
$
HOA (Monthly)
0
$
PMI
0
$
$324
Your Payment
Total Monthly Payment:$324
Percent of Income:6%
Affordable:Yes

Details for 503 1ST ST SW

Property Debt

Foreclosure Contact Details