NOT LISTED FOR SALE

301 N German St New Ulm, MN 56073

Estimated Value: $232,855

8 Beds
4 Baths
750 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $95,000 $127 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,525/month

369 Days on Market

Highlights

  • Corner Lot
  • Hot Water Heating System
  • 1-minute walk to German-Bohemian Immigrants Monument
  • Porch
  • Coin Laundry

About This Home

As of May 2014

Great Investment property with 4 units close to downtown with profit of over $8000 with just 3 units being rented.

Last Listed By

Sue Rothmeier

BEYOND REAL ESTATE, INC. Listed on: 01/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,664

Year Built

  • 1891

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Home Design

  • 750 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Frame Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Location

  • Ground Level
  • Lower Level
  • Upper Level

Utilities

  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Range
  • Porch

Community Details

  • Coin Laundry

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for maint/repair, trash, water/sewer
  • Assessor Parcel Number 00100106201010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,664

Year Built

1891

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: 4-plex
  • Construction: Previously Owned
  • Foundation Size: 1900
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 00100106201010
  • Price Per Square Foot: 22.44
  • Rental License: Yes
  • Stories: 2.25 - 2.75 Story
  • Taxes With Assessments: 1808
  • Estimated Number of Acres: 0.38
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1891

Interior Features

  • Appliances: Dryer, Range/Stove, Washer
  • Total Bedrooms: 8
  • Total Bathrooms: 4
  • Basement Features: Partially Finished
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3484
  • Total Fin Square Footage: 750
  • Total Square Footage: 4234
  • Below Grade Finished Sq Ft: 800

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Exterior Amenities: Porch

Utilities

  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Shared: Coin-op Laundry Owned

Schools

  • School District: New Ulm #88

Lot Info

  • Lot/Land Description: Corner Lot
  • Estimated Lot Dimensions: 100x165 - 10x45

Rental Info

  • Owner Expense: Maint/Repair, Trash, Water/Sewer
  • Tenant Expense: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Reim Victor P and Reim Rachel
Bought by
Alliance Bank
Total Days on Market
369
Current Estimated Value
$232,855

Purchase Details

Listed on
Jan 10, 2013
Closed on
May 1, 2014
Bought by
Vaharoslee Inc
Seller's Agent
Sue Rothmeier
BEYOND REAL ESTATE, INC.
Buyer's Agent
Eric Bode
BOCO REAL ESTATE INC.
List Price
$118,900
Sold Price
$95,000
Premium/Discount to List
-$23,900
-20.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$94,000
Interest Rate
4.29%

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
Alliance Bank $156,000 Land Title Inc
Vaharoslee Inc -- --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $94,000
Previous Owner Vaharoslee Inc $71,250
Previous Owner Convenience Merchandising Llc $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $95,000 -20.1% $127 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/10/2013 01/10/13 For Sale $118,900 -- $159 / 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 $2,664 $96,200 $90,700 $5,500
2023 $2,664 $96,200 $90,700 $5,500
2022 $1,664 $84,300 $78,800 $5,500
2021 $1,210 $68,800 $63,000 $5,800
2020 $1,797 $50,800 $50,800 $0
2019 $1,782 $88,200 $50,800 $37,400
2018 $1,894 $89,000 $50,800 $38,200
2017 $1,754 $87,100 $50,800 $36,300
2016 $1,816 $84,150 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Rothmeier

    Seller's Agent in 2014

    Sue Rothmeier

    BEYOND REAL ESTATE, INC.

    (507) 354-3543

    20 Total Sales

    Sue Rothmeier
    Section Image
  • Eric Bode

    Buyer's Agent in 2014

    Eric Bode

    BOCO REAL ESTATE INC.

    (507) 276-2327

    111 Total Sales

    Eric Bode
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7001175

REALTOR® Association of Southern Minnesota

APN: 00100106201010

Minnesota Brown County New Ulm 56073

301 N German St, New Ulm, MN

Homes for Sale in New Ulm, MN

This home is located at 301 N German St, New Ulm, MN 56073 since 10 January 2013 and is currently estimated at $232,855, approximately $310 per square foot. This property was built in 1891. 301 N German St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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