NOT LISTED FOR SALE

227 227 N Payne New Ulm, MN 56073

Estimated Value: $156,000 - $207,000

4 Beds
2.5 Baths
1,996 Sq Ft
$89/Sq Ft Est. Value

Last Sold March 09, 2022

Last sale price $125,000 $63 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,071/month

Highlights

  • 1 Car Detached Garage
  • New Ulm High School Rated 9+
  • Hot Water Heating System

About This Home

As of March 2022

This home is located at 227 227 N Payne, New Ulm, MN 56073 since 02 February 2022 and is currently estimated at $178,606, approximately $89 per square foot. This property was built in 1900. 227 227 N Payne is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Last Agent to Sell the Property

Jeff Kaul

CENTURY 21 ATWOOD License #003236510 Listed on: 02/02/2022

CENTURY 21 ATWOOD

Last Buyer's Agent

Brenda Nosbush

BOCO REAL ESTATE INC. License #20137088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 90 x 50

Parking

  • 1 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001.001.184.07.070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Foundation Size: 998
  • L V T Date: 02/03/2022
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 001.001.184.07.070
  • Price Per Square Foot: 42
  • Projected Closed Date: 03/09/2022
  • Sold Price Per Sq Ft: 42
  • Stories: 2 Story
  • Taxes With Assessments: 1664
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Basement Material: Rock
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1996
  • Tot Above Grade Sq Ft: 1996
  • Total Fin Square Footage: 1996
  • Total Square Footage: 2994
  • Tot Below Grade Sq Ft: 998

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Boiler, Hot Water
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 90 x 50

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2021
  • Tax Value: 1664

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 9, 2022
Sold by
Knauf Cara M and Knauf Lee
Bought by
Wels Luke M and Roske Haley G
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$178,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,606
Avg. Annual Appreciation
6.61%
Original Mortgage
$100,000
Outstanding Balance
$93,766
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$62,909

Purchase Details

Closed on
Jul 28, 2017
Bought by
Knauf Cara Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
3.91%

Purchase Details

Closed on
Mar 31, 2015
Sold by
Stephanie Stephanie
Bought by
Guggisberg John L

Purchase Details

Closed on
Aug 24, 2012
Sold by
Tisch Donn R and Tisch Margaret
Bought by
Bowman Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,600
Interest Rate
3.48%
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
Wels Luke M $125,000 None Listed On Document
Knauf Cara Cara $95,000 --
Guggisberg John L -- --
Bowman Stephanie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wels Luke M $100,000
Previous Owner Knauf Cara Cara $76,000
Previous Owner Bowman Stephanie $86,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2022 03/09/22 Sold $125,000 +0.1% $63 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $124,900 -- $63 / 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 $1,522 $134,000 $29,800 $104,200
2023 $1,522 $130,300 $29,800 $100,500
2022 $1,646 $113,900 $25,900 $88,000
2021 $1,626 $97,400 $25,900 $71,500
2020 $1,552 $97,400 $25,900 $71,500
2019 $1,492 $92,400 $25,200 $67,200
2018 $996 $90,300 $25,200 $65,100
2017 $882 $81,800 $25,200 $56,600
2016 $1,008 $82,467 $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: 7028958

REALTOR® Association of Southern Minnesota

APN: 00100118407070