NOT LISTED FOR SALE

201 S State St New Ulm, MN 56073

Estimated Value: $173,000 - $176,000

3 Beds
3 Baths
1,654 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $160,000 $97 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,206/month

5 Days on Market

About This Home

As of March 2024

Brick triplex looking for a new investor. Main level with common area entry. Level 1: 2 units with 1 bedroom, 1 full bath each. Upper level offers 1 bedroom, 1 bath. 2 of the units have been remodeled. Basement: 4 water heaters, circuit breakers, coin operated laundry.

Last Agent to Sell the Property

Ellen Gruhot

CENTURY 21 ATWOOD Listed on: 02/02/2024

CENTURY 21 ATWOOD

Last Buyer's Agent

Dylan Bohrer

TRUE REAL ESTATE License #40728771

TRUE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,452

Year Built

  • Built in 1888

Home Design

  • 1,654 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Location

  • Ground Level
  • Upper Level

Utilities

  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Range
  • Lot Dimensions are 50x115

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for trash, water/sewer
  • Assessor Parcel Number 001-002-10-314-140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,452

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessment Balance: 2388.54
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1220
  • L V T Date: 02/05/2024
  • Mechanicals: Water Heater - Electric, Water Heater - Gas
  • Parcel Number: 001-002-10-314-140
  • Projected Closed Date: 03/06/2024
  • Rental License: Yes
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1654

Exterior Features

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

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x115

Rental Info

  • Owner Expense: Trash, Water/Sewer
  • Tenant Expense: Electric
  • Type of Tenancy: Month to Month

Building Info

  • Year Built: 1888

Tax Info

  • Year: 2023
  • Tax Value: 2452.24

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 22, 2024
Sold by
Hakanson Bethany J & Christopher and Klocke-Williams Jessica
Bought by
Bohrer Dylan
Seller's Agent
Ellen Gruhot
CENTURY 21 ATWOOD
Buyer's Agent
Dylan Bohrer
TRUE REAL ESTATE
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%
Views
16
Current Estimated Value
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,000
Avg. Annual Appreciation
7.14%
Original Mortgage
$344,000
Outstanding Balance
$339,599
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$164,599

Purchase Details

Closed on
Feb 22, 2023
Sold by
Hakanson Bethany and Hakanson Christopher
Bought by
Bohrer Dylan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Bohrer Dylan $160,000 Minnesota River Valley Title
Bohrer Dylan $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bohrer Dylan $344,000
Previous Owner Bohrer Dylan $128,000
Previous Owner Larson Thomas C $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2024 03/06/24 Sold $160,000 +0.1% $97 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $159,900 -- $97 / 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 $2,824 $157,000 $30,700 $126,300
2023 $2,824 $151,900 $30,700 $121,200
2022 $2,297 $130,800 $26,700 $104,100
2021 $2,202 $111,800 $26,700 $85,100
2020 $2,110 $108,700 $26,700 $82,000
2019 $2,024 $103,700 $25,200 $78,500
2018 $1,960 $101,000 $25,200 $75,800
2017 $1,028 $90,400 $25,200 $65,200
2016 $1,152 $86,724 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ellen Gruhot

    Seller's Agent in 2024

    Ellen Gruhot

    CENTURY 21 ATWOOD

    4 in this area

    130 Total Sales

    Ellen Gruhot
    Section Image

  • D

    Buyer's Agent in 2024

    Dylan Bohrer

    TRUE REAL ESTATE

    (507) 327-1849

    8 in this area

    33 Total Sales

    Dylan Bohrer
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034215

REALTOR® Association of Southern Minnesota

APN: 00100210314140

Minnesota Brown County New Ulm 56073

201 S State St, New Ulm, MN

This home is located at 201 S State St, New Ulm, MN 56073 since 02 February 2024 and is currently estimated at $175,000, approximately $105 per square foot. This property was built in 1888. 201 S State St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

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