NOT LISTED FOR SALE

116 S Franklin St New Ulm, MN 56073

Estimated Value: $195,000 - $290,000

4 Beds
3 Baths
2,039 Sq Ft
$119/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $234,900 $115 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,540/month

35 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Living Room
  • Bonus Room
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of October 2023

This charming story and a half with modern updates and historical elegance is sure to steal your heart. First glance may seem quaint and cozy but the interior offers loads of space and storage. The main level has a mix of hard wood floors, new carpet and modern grey LPV, a large kitchen with access to a screened-in porch & southern style wrap around deck, bedroom and full bathroom. Upper level homes two more bedrooms and sitting area, great for reading nook or office. Lower level has additional living room with wet-bar and nook that can be used for toy room, movies, or office/exercise. Backyard offers cozy, paved fire pit area, 2 car garage and additional off street parking.

Last Agent to Sell the Property

Cara Bishop

True Real Estate Brokerage Email: cara@truerealestateMN.com Listed on: 08/11/2023

True Real Estate

Last Buyer's Agent

Kris Lindahl

Kris Lindahl Real Estate

Kris Lindahl Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 1928

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 50x165

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Bonus Room
  • Game Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • North Of Center Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00100114010100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 1337
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: cara@truerealestateMN.com
  • Attribution Contact: cara@truerealestateMN.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 2039
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 702
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Porch, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Family Room, Laundry, Amusement Room
  • SqFtTotal: 2239.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 437

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: New Ulm
  • SchoolDistrictNumber: 88
  • SchoolDistrictPhone: 507-359-8401

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x165
  • Lot Size Sq Ft: 8232.84
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 00100114010100
  • Tax Annual Amount: 2520
  • TaxWithAssessments: 2520.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 20, 2023
Sold by
Olsen Rentals Llc
Bought by
Marquez David and Marquez Madeline
Seller's Agent
Cara Bishop
True Real Estate
Buyer's Agent
Kris Lindahl
Kris Lindahl Real Estate
List Price
$234,900
Sold Price
$234,900
Views
196
Current Estimated Value
$241,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,868
Avg. Annual Appreciation
1.84%
Original Mortgage
$223,748
Outstanding Balance
$220,356
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$21,892

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 12, 2023
Sold by
White Deann and Grussendorf Rich
Bought by
Olsen Rentals Llc
Seller's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
Buyer's Agent
Cara Bishop
TRUE REAL ESTATE
List Price
$158,900
Sold Price
$158,400
Premium/Discount to List
-$500
-0.31%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.87%
Original Mortgage
$119,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 10, 2023
Sold by
White Deann J
Bought by
Olsen Rentals Llc
Seller's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
Buyer's Agent
Cara Bishop
TRUE REAL ESTATE
List Price
$158,900
Sold Price
$158,400
Premium/Discount to List
-$500
-0.31%
Views
158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.32%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Marquez David $234,900 --
Olsen Rentals Llc $158,400 --
Olsen Rentals Llc $158,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez David $223,748
Previous Owner Olsen Rentals Llc $119,000
Previous Owner Olsen Rentals Llc $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $234,900 0.0% $115 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $234,900 0.0% $115 / Sq Ft
08/24/2023 08/24/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $234,900 -2.1% $115 / Sq Ft
08/14/2023 08/14/23 For Sale $239,900 +51.5% $118 / Sq Ft
05/12/2023 05/12/23 Sold $158,400 -0.3% $78 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $158,900 -- $78 / 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 $2,370 $189,500 $39,500 $150,000
2023 $2,370 $190,700 $39,500 $151,200
2022 $2,052 $167,700 $34,400 $133,300
2021 $1,931 $142,500 $34,400 $108,100
2020 $1,861 $137,000 $34,400 $102,600
2019 $1,777 $132,200 $32,400 $99,800
2018 $2,052 $129,200 $32,400 $96,800
2017 $1,578 $119,200 $32,400 $86,800
2016 $1,990 $114,741 $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: 6415387

NorthstarMLS

APN: 00100214305050