$106,000
SOLD MAY 9, 2014

1118 N Payne St New Ulm, MN 56073

4 Beds
1.5 Baths
1,213 Sq Ft
1952 Built

Recently Sold

$87 Per Sq Ft

1% Below List Price

59 Days on Market

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Water Softener is Owned

About This Home

As of May 2016

Opportunity Knocking! Nothing to do but enjoy this quaint, 4 bedroom 1-1/4 story home located on a full lot on North Payne. Vinyl siding, updated windows, newer shingles and move in ready! All kitchen appliances included. Basement partially finished rec room with 1/2 bath located in laundry area. Double garage and great fenced garden area. All blinds included. All valances/drapes excluded at sellers option. White shelf/curtain rod in nursery excluded and speed rack in garage, excluded.

Last Agent to Sell the Property

Mary Henle

New Ulm Real Estate LLC Listed on: 02/01/2014

Co-Listed By

LISA HOFFMANN

New Ulm Real Estate LLC

Last Buyer's Agent

Wendy Kraus

LAKE SHORES & MORE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,676

Year Built

  • 1952

Lot Details

  • Lot Dimensions are 50x165

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Window Treatments
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Carbon Monoxide Detectors

Kitchen

  • Eat-In Kitchen
  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 001.001.170.10.100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,676

Year Built

1952

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, CO Detectors (L), Window Coverings (L)
  • Construction: Previously Owned
  • Foundation Size: 768
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 001.001.170.10.100
  • Price Per Square Foot: 82
  • Sold Price Per Sq Ft: 87
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1207.96
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dishwasher, Freezer, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x12, On Level: Main
  • Room 2: Kitchen, 12x11, On Level: Main
  • Room 3: Bedroom, 13x9, On Level: Main
  • Room 4: Bedroom, 10x10, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Second Floor
  • Room 6: Bedroom, 12x10, On Level: Second Floor
  • Room 7: 23x11, On Level: Basement
  • Room 8: Storage Room, 23x8, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 960
  • Below Grade Finished Sq Ft: 253
  • Tot Above Grade Sq Ft: 960
  • Total Fin Square Footage: 1213
  • Total Square Footage: 1213
  • Tot Below Grade Sq Ft: 253

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2016
Closed on
May 31, 2016
Sold by
Hughes Alexandria Alexandria
Bought by
Severson Isaac Isaac
Seller's Agent
Christine Thomas
LAKE SHORES & MORE REALTY
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$171,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,706
Avg. Annual Appreciation
4.99%
Original Mortgage
$106,700
Outstanding Balance
$86,251
Interest Rate
3.64%
Estimated Equity
$85,455

Purchase Details

Listed on
Feb 1, 2014
Closed on
May 9, 2014
Sold by
Eden E Eden E and Petron Eden E
Bought by
Hughes Alexandria
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Wendy Kraus
LAKE SHORES & MORE REALTY
List Price
$106,900
Sold Price
$106,000
Premium/Discount to List
-$900
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.81%
Original Mortgage
$100,500
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Julius Douglas D and Julius Erin M
Bought by
Petron Eden E and Kalk Josua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
4.63%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $110,000 --
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $106,700 No Value Available
Previous Owner $100,500 New Conventional
Previous Owner $90,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $110,000 0.0% $91 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
04/21/2016 04/21/16 For Sale $110,000 +3.8% $91 / Sq Ft
05/09/2014 05/09/14 Sold $106,000 -0.8% $87 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $106,900 -- $88 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,676 $144,100 $38,400 $105,700
2023 $1,676 $140,400 $38,400 $102,000
2022 $1,424 $125,000 $33,400 $91,600
2021 $1,410 $108,000 $33,400 $74,600
2020 $1,446 $107,900 $33,400 $74,500
2019 $1,372 $109,300 $32,400 $76,900
2018 $1,310 $106,500 $32,400 $74,100
2017 $1,214 $99,000 $32,400 $66,600
2016 $1,234 $94,941 $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: REALTOR® Association of Southern Minnesota

MLS Number: 7004441

REALTOR® Association of Southern Minnesota

APN: 00100117010100