503 1st Street SW, New Richland, MN 56072 - Photo 1

1/1

$25,000

Sold
Closed
Single Family
2 Beds
1 Full Bath

1/1

Property Description

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! Some renovation work has already been started so pick up where they left off or start from scratch and make it your own! Whether you're an investor, developer or flipper this is your chance to add value in a great location. Don't miss out - opportunities in this area don't last long!

Full Property Details

Full Property Details for 503 1st St SW

General

Sold For: $25,000
Taxes: $1,620 (2024)
Status: Closed
Type: Single Family
Source: NorthStarMLS_RMLS
MLS ID: 6777920
Added to Site: 135 day(s) ago

Parking

Parking Features: Gravel

School Information

School District: 2168 - N.R.H.E.G.
High School District: N.R.H.E.G.

Heating & Cooling

Central air: Yes
Cooling Type: Central Air
Heating Type: Forced Air
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)

Financial Considerations

Tax Amount: $1,620
Tax Year: 2024

Disclosures and Reports

Legal Description: ZIEGERS SUBDIVISION LOT 7 & E10FT OF LOT 8 BLK 2
Property ID: 157780190

Listed and Sold by RE/MAX Masters

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— 503 1st St SW —

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Schools

Schools serving 503 1st St SW

School District:Nrheg School District

Name	Grades	Distance
Nrheg Elementary School 600 School Street, Ellendale, MN 56026	PK-5	10.2 mi
Nrheg Secondary 306 Ash Avenue South, New Richland, MN 56072	6-12	0.3 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 503 1st St SW

Date

Details

Price

Change

Source

10/31/2025

Sold

$25,000

-37.5%

MLS

10/15/2025

Price Reduced

$40,000

-20%

MLS

9/18/2025

Price Reduced

$50,000

-28.57%

MLS

9/05/2025

Listed

$70,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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503 1st Street SW, New Richland, MN 56072 (MLS# 6777920) is a Single Family property that was sold at $25,000 on October 31, 2025. Want to learn more about 503 1st Street SW? Do you have questions about finding other Single Family real estate for sale in New Richland? You can browse all New Richland real estate or contact a Coldwell Banker agent to request more information.

503 1st St SW New Richland, MN 56072