NOT LISTED FOR SALE

1244 1244 S Third St New Ulm, MN 56073

Estimated Value: $247,876 - $263,000

3 Beds
2.5 Baths
1,963 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $62,200 $32 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $1,571/month

92 Days on Market

Highlights

  • Deck
  • Balcony
  • Fireplace
  • New Ulm High School Rated 9+
  • Cul-De-Sac
  • 4-minute walk to Parks & Recreation

About This Home

As of February 2015

Homesteps addendum required with approved offer. First Look Initiative applies, visit: http://www.homesteps.com/homebuyer/firstlook.html during the initial 20 days of listing, without competition from investors. The purchaser does not need to be a first time homebuyer to be eligible provided, however, that they are buying the home as their residence. This property is eligible under the Freddie Mac First Look Initiative through 10/19/14.

Last Agent to Sell the Property

Chad Stavnes

REDWOOD VALLEY REAL ESTAT Listed on: 09/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 98x141
  • Cul-De-Sac
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Rubber Roof

Interior Spaces

  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Driveway

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 001-840-000-08-080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities Exterior: Balcony, Deck, Driveway - Concrete
  • Assessment Balance: 393
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1160
  • Parcel Number: 001-840-000-08-080
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2430
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Kitchen, 14x14, On Level: Main
  • Room 2: Dining Room, 15x13, On Level: Main
  • Room 3: Living Room, 24x29, On Level: Main
  • Room 4: Bedroom, 17x13, On Level: Main
  • Room 5: Bedroom, 21x13, On Level: Second Floor
  • Room 6: Bedroom, 17x13, On Level: Second Floor
  • Room 7: 13x7, On Level: Main
  • Room 8: Bathroom, 9x7, On Level: Main
  • Room 9: Bathroom, 7x5, On Level: Second Floor
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1688
  • Below Grade Finished Sq Ft: 275
  • Total Fin Square Footage: 1963
  • Total Square Footage: 3497

Exterior Features

  • Roof: Asphalt Shingles, Rubber

Garage/Parking

  • Garage Type: Tuckunder
  • 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: 98x141
  • Lot/Land Description: Cul De Sac, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2014
Closed on
Jan 2, 2015
Bought by
Lh Asset Management Llc
Seller's Agent
Chad Stavnes
REDWOOD VALLEY REAL ESTAT
List Price
$84,900
Sold Price
$62,200
Premium/Discount to List
-$22,700
-26.74%
Current Estimated Value
$255,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,269
Avg. Annual Appreciation
14.11%
Original Mortgage
$49,760
Outstanding Balance
$37,944
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$217,525

Purchase Details

Closed on
Aug 27, 2014
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 24, 2013
Sold by
Schipper Patrick S
Bought by
Schipper Leslie E
Source: Public Records

Range of Values:

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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
Lh Asset Management Llc -- --
Federal Home Loan Mortgage Corp -- --
Schipper Leslie E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lh Asset Management Llc $49,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $62,200 -26.7% $32 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
09/29/2014 09/29/14 For Sale $84,900 -- $43 / 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 $2,646 $183,700 $26,900 $156,800
2023 $2,646 $177,000 $26,900 $150,100
2022 $2,356 $155,400 $23,400 $132,000
2021 $2,344 $139,500 $23,400 $116,100
2020 $2,286 $140,500 $21,300 $119,200
2019 $2,206 $136,100 $21,300 $114,800
2018 $2,368 $133,500 $21,300 $112,200
2017 $1,951 $120,800 $22,200 $98,600
2016 $2,306 $116,028 $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: 4679796

REALTOR® Association of Southern Minnesota

APN: 00184000008080