NOT LISTED FOR SALE

1016 Summit Ave New Ulm, MN 56073

Estimated Value: $252,000 - $286,000

4 Beds
2 Baths
2,374 Sq Ft
$116/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $240,000 $101 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,699/month

282 Days on Market

Highlights

  • No HOA
  • Den
  • Laundry Room
  • New Ulm High School Rated 9+
  • Porch
  • 1-minute walk to Nehls Park

About This Home

As of July 2023

Location! Location! Location! Must see this updated rambler situated in a beautiful , quiet area of New Ulm. Walk to Flandrau State Park, Nehls Park and New Ulm Country Club. Spacious main level has a large living room with a wood burning fireplace, separate dining room w/built-ins, kitchen with eat in breakfast area. Luxury vinyl planking throughout kitchen, sunroom and dining area. 2 bedrooms on main level includes an oversized owner's bedroom. You'll spend many days and evenings enjoying the wonderful sunroom overlooking the private, fenced backyard. Downstairs was recently finished with 2 bedrooms, a den and new bathroom- all with gorgeous, low maintenance vinyl planking. Tons of storage space in the huge laundry room. AC was replaced in 2019, water heater in 2021 and fuse box upgraded to new circuit panel. New garage door with opener has wifi capability. Oversized garage is plenty deep for a full sized truck. Radon mitigation system in place. New storm windows in 2019.

Last Agent to Sell the Property

Cindy Jamison

HomeFront Realty Listed on: 09/27/2022

Last Buyer's Agent

Mike Westphalen

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,120

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 181 x 66
  • Chain Link Fence
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • City/New Ulm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00157033500510

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,120

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1272
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Living Area: 2374
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1102
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Four Season Porch, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Main Floor Primary Bedroom,Patio,Sun Room

Schools

  • Junior High Dist: New Ulm
  • SchoolDistrictPhone: 507-359-8401

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 181 x 66
  • Lot Size Sq Ft: 11891.88
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 00157033500510
  • Tax Annual Amount: 2120
  • TaxWithAssessments: 2120.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Jul 31, 2023
Sold by
Holm Paul and Holm Megan
Bought by
Enow Saida and Manguera Amina
Seller's Agent
Cindy Jamison
HomeFront Realty
Buyer's Agent
Mike Westphalen
RE/MAX Advantage Plus
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%
Views
1401
Current Estimated Value
$275,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,704
Avg. Annual Appreciation
6.11%
Original Mortgage
$186,673
Outstanding Balance
$182,324
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$93,380

Purchase Details

Listed on
Aug 31, 2020
Closed on
Oct 30, 2020
Sold by
Dauer Justin M and Dauer Brooke
Bought by
Holm Paul S
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Kimberly Hanson
TRUE REAL ESTATE
List Price
$164,900
Sold Price
$154,295
Premium/Discount to List
-$10,605
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%
Original Mortgage
$123,436
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2016
Bought by
Dauer Justin Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,500
Interest Rate
3.59%

Purchase Details

Listed on
Oct 3, 2013
Closed on
May 5, 2014
Sold by
Marie A Marie A and Neyers Joyce
Bought by
Lodes Ronald and Lodes Lynn
Seller's Agent
Jeffrey Krenz
Heartland Real Estate Services, LLC
Buyer's Agent
Daniel Haala
CENTURY 21 ATWOOD
List Price
$159,900
Sold Price
$115,000
Premium/Discount to List
-$44,900
-28.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Enow Saida $240,000 --
Holm Paul S $154,294 None Available
Dauer Justin Justin $127,000 --
Lodes Ronald -- --
Lodes Lynn Lynn $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Enow Saida $186,673
Previous Owner Holm Paul S $123,436
Previous Owner Dauer Justin Justin $124,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $240,000 -4.0% $101 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $249,900 -0.8% $105 / Sq Ft
05/30/2023 05/30/23 Price Changed $251,900 -1.8% $106 / Sq Ft
05/18/2023 05/18/23 Price Changed $256,495 -1.3% $108 / Sq Ft
05/02/2023 05/02/23 Price Changed $259,900 -1.9% $109 / Sq Ft
03/15/2023 03/15/23 Price Changed $264,900 -1.9% $112 / Sq Ft
01/31/2023 01/31/23 Price Changed $269,900 -3.6% $114 / Sq Ft
10/19/2022 10/19/22 Price Changed $279,900 -3.4% $118 / Sq Ft
09/27/2022 09/27/22 For Sale $289,900 +87.9% $122 / Sq Ft
10/30/2020 10/30/20 Sold $154,295 -3.5% $98 / Sq Ft View Prior Sale
09/12/2020 09/12/20 Pending -- -- --
09/07/2020 09/07/20 Price Changed $159,900 -3.0% $102 / Sq Ft
08/31/2020 08/31/20 For Sale $164,900 +43.4% $105 / Sq Ft
05/16/2014 05/16/14 Sold $115,000 -28.1% $45 / Sq Ft View Prior Sale
03/20/2014 03/20/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $159,900 -- $63 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,974 $228,900 $52,800 $176,100
2023 $2,974 $225,300 $52,800 $172,500
2022 $2,120 $159,100 $45,900 $113,200
2021 $2,112 $146,300 $45,900 $100,400
2020 $2,074 $147,000 $45,900 $101,100
2019 $2,020 $144,100 $45,900 $98,200
2018 $1,968 $142,900 $45,900 $97,000
2017 $1,858 $132,300 $45,900 $86,400
2016 $1,852 $129,096 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6265512

NorthstarMLS

APN: 00157033500510