506 Ash Ave N, New Richland, MN, 56072
About This Home
Welcome to this well-maintained 3-bedroom, 1.75-bath property that blends comfort, style, and peace of mind with thoughtful updates throughout. The heart of the home features beautifully updated kitchen cabinetry, while the inviting family room offers a cozy gas fireplace and sliding glass doors that lead directly to the backyard—perfect for entertaining or relaxing evenings at home. Major improvements over the years make this home truly move-in ready. Triple-pane windows with a lifetime warranty were installed in 2015, providing energy efficiency and lasting value. Stay comfortable year-round with central air conditioning added in 2020. The exterior received a significant refresh in 2021 with new asphalt shingles, vinyl siding, and a garage addition, enhancing both curb appeal and functionality. Plus a new on-demand water heater installed in 2022, a new over-the-range microwave in 2023, and a stunning epoxy-finished basement floor completed in 2024. Whether you're enjoying the updated living spaces inside or the outdoor amenities outside, this home offers the perfect combination of comfort, quality, and lasting value.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1958
Materials
- Roof: Age 8 Years or Less
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Basement
- Has basement: Yes
- Basement: Block,Daylight,Drainage System,Egress Window(s),Finished,Full,Partially Finished
Bathroom
- Level: Basement
- Area: 156
- Dimensions: 12x13
Bathroom
- Level: Main
- Area: 56
- Dimensions: 8x7
Bedroom
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedroom2
- Level: Main
- Area: 108
- Dimensions: 12x9
Bedroom3
- Level: Basement
- Area: 168
- Dimensions: 12x14
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 169
- Dimensions: 13x13
Family Room
- Level: Main
- Area: 275
- Dimensions: 25x11
Family Room
- Level: Basement
- Area: 364
- Dimensions: 26x14
Features
- Number of fireplaces: 1
- Fireplace features: Family Room,Gas
- Fireplace: Yes
- Finished area below ground: 688
- Finished area above ground: 1,398
Foyer
- Level: Main
- Area: 42
- Dimensions: 7x6
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,796
- Total interior livable area: 2,086 sqft
Kitchen
- Level: Main
- Area: 169
- Dimensions: 13x13
Living Room
- Level: Main
- Area: 195
- Dimensions: 15x13
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 151001730
- Zoning description: Residential-Single Family
- Foundation area: 1398
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 0.26 Acres
- Lot size dimensions: 75 x 150
Parking
- Total spaces: 2
- Parking features: Attached,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Cold Wave
- Drought
- Hail
- Tornado
- Winter Weather
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Waseca County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $238 | $2,856 |
| Property Taxes | $335 | $4,020 |
| Electricity | $175 | $2,111 |
| Total | $2,138 | $25,656 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-11 | Listed for sale | $275,000 |
| 2025-09-15 | Listing removed | $275,000 |
| 2025-08-18 | Price change | $275,000 |
| 2025-04-23 | Price change | $287,000 |
| 2025-02-23 | Price change | $300,000 |
| 2024-10-08 | Price change | $320,000 |
| 2024-09-23 | Listed for sale | $330,000 |
| 2008-08-01 | Sold | $100,000 |
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