531 1st Street SW, New Richland, MN 56072

New Listing
$170,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 884 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $170,000 List Date: 7/09/2026 Last Modified: 7/10/2026

Overview

Description

This charming 2-bedroom, 1-bath home sits on a quiet corner lot and offers an affordable opportunity. Enjoy a functional layout, spacious yard, and an unfinished basement with great potential. Small-town living with room to make it your own!

Listing Details MLS# 7101541

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront YN
No
Year Built
1956
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Main Floor Total SqFt
884
Above Grd Total SqFt
884
Total SqFt
884
Total Finished Sqft
884.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
884
Garage Stalls
Yes
Lot Dimensions
70x160
Acres
0.25
Assessment Pending
Unknown
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Kitchen Window; Main Floor Primary Bedroom; Porch; Washer/Dryer Hookup Appliances: Dryer; Refrigerator; Washer Basement: Concrete Block; Unfinished Bath Description: Main Floor Full Bath Construction Materials: Concrete Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room Electric: Circuit Breakers Exterior: Metal Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Basement Lock Box Type: Combo Lot Description: Tree Coverage - Light Road Frontage: City Street Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
170000
ListPrice
170000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
531
Street Name
1st
Street Suffix
Street
Street Direction Suffix
SW
Postal City
New Richland
County
Waseca
State
MN
Zip Code
56072

Assessments

Assessment Balance
26.26
Tax With Assessments
1736

Building Information

Finished SqFt Above Ground
884

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x14
Garage Square Feet
308

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
AUDITORS PLAT # 5 SEC. 17 LOT-003
Listing City
New Richland
Map Page
999
Municipality
New Richland
School District
N.R.H.E.G.
School District Phone
507-465-3205
Zip Plus 4
1237
Property ID Number
151040010
Tax Year
2026
Tax Amount
1709.74
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This charming 2-bedroom, 1-bath home sits on a quiet corner lot and offers an affordable opportunity. Enjoy a functional layout, spacious yard, and an unfinished basement with great potential. Small-town living with room to make it your own!
Directions
Turn right onto MN-30 and turn right onto South Elm Ave.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Porch
Yes
Washer/Dryer Hookup
Yes

Appliances

Dryer
Yes
Refrigerator
Yes
Washer
Yes

Basement

Concrete Block
Yes
Unfinished
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Materials

Concrete
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Metal
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

In Basement
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Porch
Yes

Road Frontage

City Street
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes
IDX
Listing Office: Weichert, REALTORS- Heartland
Last Updated: July - 10 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.