NOT LISTED FOR SALE

2025 S Bridge St New Ulm, MN 56073

Estimated Value: $118,000 - $148,000

1 Acre
$130,279 Price per Acre
43,560 Sq Ft Lot

Last Sold February 15, 2024

Last sale price $115,000 $75 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $858/month

34 Days on Market

About This Lot

As of February 2024

Property is zoned b2. The present home on the property can not be used as a residence. Approximate cost to demo per local contractor is 10-12k. The property has been plotted for 4 outlots. This would still need city approval. Survey work has been done by Bolten and Menk July of 2023.

Last Agent to Sell the Property

Matt Mages

Mages Land Co & Auction Listed on: 12/01/2023

Last Buyer's Agent

Matt Mages

Mages Land Co & Auction Listed on: 12/01/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,174

Lot Details

  • Lot Dimensions are 142x318

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00157047901180

Property Details

Property Type

Land

Est. Annual Taxes

$1,174

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: Auction
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey

Utilities

  • Utilities: None Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Gently Rolling
  • Lot Size: 142x318
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 00157047901180
  • Tax Annual Amount: 1174
  • TaxWithAssessments: 1174.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Feb 15, 2024
Sold by
Domeier Zelda G
Bought by
Kk & G Properties Llc
Seller's Agent
Matt Mages
Mages Land Co & Auction
Buyer's Agent
Matt Mages
Mages Land Co & Auction
List Price
$1
Sold Price
$115,000
Premium/Discount to List
$114,999
11499900%
Views
41
Current Estimated Value
$130,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,279
Avg. Annual Appreciation
11.21%
Original Mortgage
$115,000
Outstanding Balance
$114,289
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$18,446
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
Kk & G Properties Llc $115,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kk & G Properties Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $115,000 +11499900.0% $75 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/01/2023 12/01/23 For Sale $1 -- $0 / 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 $1,620 $86,200 $70,300 $15,900
2023 $1,620 $86,200 $70,300 $15,900
2022 $821 $74,000 $61,100 $12,900
2021 $822 $74,200 $61,100 $13,100
2020 $795 $74,700 $61,100 $13,600
2019 $788 $71,500 $59,300 $12,200
2018 $1,296 $72,000 $59,300 $12,700
2017 $811 $72,100 $59,300 $12,800
2016 $842 $72,171 $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: 6465235

NorthstarMLS

APN: 00157047901180