NOT LISTED FOR SALE

1505 1505 N 5th St New Ulm, MN 56073

Estimated Value: $253,569 - $412,000

4 Beds
2 Baths
2,286 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $167,300 $73 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,963/month

58 Days on Market

Highlights

  • 0.38 Acre Lot
  • Ranch Style House
  • Porch
  • Deck
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2018

Great location with lots of room and charm! Granite countertops in the kitchen with separate dining area. Rare! - 4 same floor bedrooms and full bath on the main. Living room with fireplace and porch completes the main level. Downstairs you will find a large family room and additional bonus room that could be a future 5th bedroom.

Last Agent to Sell the Property

Tim Schultz

RE/MAX DYNAMIC AGENTS Listed on: 12/18/2017

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Stephanie Meyer

TRUE REAL ESTATE License #20569103

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • 1972

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 87 x 191
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Tuck Under Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 001.250.002.03.110

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Broadband Available, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups, Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Concrete, Patio, Porch
  • Estimated Number of Acres: 0.38
  • Foundation Size: 1536
  • L V T Date: 12/18/2017
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.250.002.03.110
  • Price Per Square Foot: 71
  • Sold Price Per Sq Ft: 66
  • Stories: 1 Story
  • Taxes With Assessments: 2280
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 10x14, On Level: Main
  • Room 2: Living Room, 15x20, On Level: Main
  • Room 3: Master Bedroom, 13x17, On Level: Main
  • Room 4: Bedroom, 11x12, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: On Level: Main
  • Room 8: Family Room, 15x28, On Level: Basement
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1536
  • Below Grade Finished Sq Ft: 750
  • Tot Above Grade Sq Ft: 1536
  • Total Fin Square Footage: 2286
  • Total Square Footage: 2544
  • Tot Below Grade Sq Ft: 1008

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

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: 87 x 191
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2017
Closed on
Mar 23, 2018
Sold by
Krosch Jeffrey Lee and Christopherson Kari A
Bought by
Gerdes Maren K and Gerdes Nicholas J
Seller's Agent
Tim Schultz
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Stephanie Meyer
TRUE REAL ESTATE
List Price
$179,900
Sold Price
$167,300
Premium/Discount to List
-$12,600
-7%
Total Days on Market
58
Current Estimated Value
$305,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,842
Avg. Annual Appreciation
8.67%
Original Mortgage
$128,300
Outstanding Balance
$111,178
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$193,964

Purchase Details

Listed on
Nov 3, 2014
Closed on
Jun 26, 2015
Sold by
Bradburn Becky Becky
Bought by
Krosch Jeffrey Jeffrey
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
List Price
$159,900
Sold Price
$151,900
Premium/Discount to List
-$8,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$146,583
Interest Rate
4.02%

Purchase Details

Closed on
Oct 4, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bradburn Becky and Bradburn Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.12%

Purchase Details

Closed on
Feb 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp
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
Gerdes Maren K $167,300 Title Resource Llc
Krosch Jeffrey Jeffrey $151,900 --
Bradburn Becky -- --
Federal Home Loan Mortgage Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerdes Maren K $128,300
Previous Owner Krosch Jeffrey Jeffrey $146,583
Previous Owner Bradburn Douglas E $119,000
Previous Owner Bradburn Douglas E $116,000
Previous Owner Bradburn Becky $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $167,300 -7.0% $73 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
12/18/2017 12/18/17 For Sale $179,900 +18.4% $79 / Sq Ft
06/29/2015 06/29/15 Sold $151,900 -5.0% $66 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $159,900 -- $70 / 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 $3,090 $236,600 $32,200 $204,400
2023 $3,090 $229,200 $32,200 $197,000
2022 $2,652 $202,700 $27,900 $174,800
2021 $2,644 $175,500 $27,900 $147,600
2020 $2,546 $176,600 $27,900 $148,700
2019 $2,478 $170,100 $26,800 $143,300
2018 $2,350 $168,600 $26,800 $141,800
2017 $2,246 $156,300 $26,800 $129,500
2016 $2,252 $151,173 $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: 7016424

REALTOR® Association of Southern Minnesota

APN: 00125000203110