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Single Family ResidenceResidential
$170,000$192 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $165,000 on Oct 15, 2026

531 1ST ST SW

NEW RICHLAND, MN 56072
2
Beds
1
Baths
884 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.26 ac
Lot SizeThe size of the land the home sits on, from county records.
1956
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$170K
$155K low$185K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$165,000 · Oct 15, 2026

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,736 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$141,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$26,600
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$114,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$122,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$141,400

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.31
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
11
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
61
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
63
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyWASECA
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1970
Lot (acres)The size of the land the home sits on, from county records.0.26
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Nrheg Secondary SchoolC
Middle · Grades 6–12 · 0.3 mi
E
Nrheg Elementary SchoolB-
Elementary · Grades PK–5 · 10.3 mi

District: Nrheg School District

Neighborhood · ZIP 56072These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.144
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.11

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.14%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.9%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.2,581
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.20 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$72,121
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,629
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

531 1st St Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 69% of homes in New Richland 56072
  • Smaller than 82% of homes in Waseca County
  • Has a smaller lot than 74% of homes in New Richland 56072

What homes are worth in New Richland 56072

Each bar is how many homes fall in that price range. The marker is this home.

This home
$70K$725K

This home is worth more than 31% of homes in New Richland 56072.

How it measures up in New Richland 56072

The dot is this home. The mark in the middle is the typical home in New Richland 56072.

Estimated value$170,000
CheaperTypical $231,184Pricier

Pricier than 31% of homes nearby

Price per ft²$192
CheaperTypical $177Pricier

Pricier than 57% of homes nearby

Living area884 ft²
SmallerTypical 1,176 ft²Bigger

Bigger than 22% of homes nearby

Lot size0.26 ac
SmallerTypical 0.72 acBigger

Bigger than 26% of homes nearby

Year built1956
OlderTypical 1957Newer

Newer than 49% of homes nearby

How 531 1st St Sw ranks against every home in each area.
MeasureThis homeNew Richland 56072Waseca County
Estimated valuepricier than$170,00031% of homes32% of homes
Price per ft²pricier than$19257% of homes54% of homes
Living areabigger than884 ft²22% of homes18% of homes
Lot sizebigger than0.26 ac26% of homes41% of homes
Year builtnewer than195649% of homes45% of homes

About 531 1st St Sw

How much is 531 1st St Sw, New Richland, MN worth?

The TopHap Estimate for 531 1st St Sw, New Richland, MN is $170,000 as of Oct 21, 2026. The likely range is $154,955 to $185,045. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 531 1st St Sw, New Richland, MN last sell?

531 1st St Sw, New Richland, MN last sold on Oct 15, 2026 for $165,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 531 1st St Sw, New Richland, MN?

531 1st St Sw, New Richland, MN has 2 bedrooms, 1 bathrooms, 884 square feet of living space and a 0.26-acre lot.

When was 531 1st St Sw, New Richland, MN built?

531 1st St Sw, New Richland, MN was built in 1956, making it 70 years old. The building has 1 story.

What schools serve 531 1st St Sw, New Richland, MN?

531 1st St Sw, New Richland, MN is assigned to Nrheg Secondary School (middle), rated C; Nrheg Elementary School (elementary), rated B-. All sit in Nrheg School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 531 1st St Sw, New Richland, MN compare to other homes in New Richland 56072?

Among the 1,222 homes in New Richland 56072, it is worth more than 31% of them ($170,000 against a typical $231,184), its price per square foot is higher than 57% of them ($192 against a typical $177), it is bigger than 22% of them (884 ft² against a typical 1,176 ft²), its lot is bigger than 26% of them (0.26 ac against a typical 0.72 ac) and it is newer than 49% of them (1956 against a typical 1957). Measured against all of Waseca County, it is worth more than 32% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 531 1st St Sw, New Richland, MN?

The 2026 property tax bill for 531 1st St Sw, New Richland, MN was $1,736. The county assessed it at $141,400.

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