Seller's Agent in 2023
Jason Dowdey
Weichert REALTORS Tower Properties
(320) 444-6959
228 Total Sales
212 1st Ave NE New London, MN 56273
Estimated Value: $265,398 - $299,000
5
Beds
2
Baths
2,880
Sq Ft
$97/Sq Ft
Est. Value
Highlights
- 2 Car Attached Garage
- 1-Story Property
- Wood Siding
- Prairie Woods Elementary School Rated 9+
- Many Trees
About This Home
As of October 2023This duplex in New London, MN is a rambler-style property, offering comfortable living space on both the main level and the lower unit. The main level features three bedrooms, providing ample space for yourself or tenants. Additionally, the lower unit offers two bedrooms, expanding the potential for rental income or additional living space.
Situated on a large lot, this property provides plenty of outdoor space for various activities and potential expansion. The spacious lot offers opportunities for gardening, recreation, or potential future development. The presence of a two-car attached garage provides convenient parking and storage options for residents.
Whether you're looking for a home to live in or an investment property, this duplex presents an attractive opportunity. With its versatile layout, potential for rental income, and spacious lot, it offers a range of possibilities for both investors and homeowners.
Last Agent to Sell the Property
Weichert REALTORS Tower Properties Listed on: 06/13/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,644
Year Built
- Built in 1966
Lot Details
- Lot Dimensions are 133x171
- Many Trees
Parking
- 2 Car Attached Garage
- Common or Shared Parking
- Garage Door Opener
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Finished Basement
- Walk-Out Basement
- Block Basement Construction
Utilities
- Boiler Heating System
Community Details
- 2 Units
- New London Town Of Subdivision
Listing and Financial Details
- Tenant pays for grounds care, snow removal
- The owner pays for all utilities, insurance, repairs, taxes
- Assessor Parcel Number 601000060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2023
Closed on
Oct 31, 2023
Sold by
Estate Of Jamil Farhat
Bought by
Sharlow Scott and Sharlow Keren
Seller's Agent
Jason Dowdey
Weichert REALTORS Tower Properties
Buyer's Agent
Earl Rich
New London Real Estate, Inc.
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
280
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,100
Avg. Annual Appreciation
23.18%
Original Mortgage
$185,000
Outstanding Balance
$181,570
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$98,530
Purchase Details
Closed on
May 11, 2018
Sold by
Norstedt Wayne and Norstedt Kathleen
Bought by
Farhat Jamil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,766
Interest Rate
4.4%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sharlow Scott | $185,000 | -- | |
| Farhat Jamil | $147,961 | Quality Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sharlow Scott | $185,000 | |
| Previous Owner | Farhat Jamil | $125,766 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $185,000 | -5.1% | $64 / Sq Ft |
| 09/20/2023 09/20/23 | For Sale | $195,000 | 0.0% | $68 / Sq Ft |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- |
| 06/13/2023 06/13/23 | For Sale | $195,000 | -- | $68 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,876 | $243,100 | $21,400 | $221,700 |
| 2024 | $3,086 | $240,700 | $21,400 | $219,300 |
| 2023 | $3,296 | $190,400 | $21,400 | $169,000 |
| 2022 | $3,130 | $176,400 | $21,400 | $155,000 |
| 2021 | $2,908 | $150,400 | $18,200 | $132,200 |
| 2020 | $2,838 | $144,800 | $18,200 | $126,600 |
| 2019 | $1,788 | $141,000 | $18,200 | $122,800 |
| 2018 | $2,310 | $126,500 | $18,200 | $108,300 |
| 2017 | $2,262 | $121,100 | $16,700 | $104,400 |
| 2016 | $2,260 | $948 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Dowdey
-
Earl Rich
Buyer's Agent in 2023
Earl Rich
New London Real Estate, Inc.
(320) 894-5399
117 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6386743
APN: 60-100-0060
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