NOT LISTED FOR SALE

380 Broadway St E New Germany, MN 55367

Estimated Value: $190,000 - $474,000

7 Beds
3 Baths
2,795 Sq Ft
$115/Sq Ft Est. Value

Sale Details

Date Sold: September 25, 2012

Last sale price $87,000 $31 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,135 / mo

72 Days on Market

Highlights

  • Corner Lot
  • 4 Car Detached Garage
  • Forced Air Heating System
  • Bayview Elementary School Rated A-
  • Landscaped with Trees
  • Ceiling Fan

About This Home

As of September 2012

Nice building with remodeled units in great condition. Waconia school district. Great rental history. Garage stall for each unit. On site laundry. Nice for owner occupancy!

Last Agent to Sell the Property

Linda Hipp

RE/MAX Alliance Realty Listed on: 02/29/2012

Last Buyer's Agent

Patricia Carty-Heffner

Counselor Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1894

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 146x76
  • Corner Lot
  • Landscaped with Trees

Parking

  • 4 Car Detached Garage
  • Shared Driveway

Home Design

  • Triplex
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,795 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Short Sale
  • Tenant pays for cable TV, electric, fuel, lawn, snow
  • The owner pays for maint/repair, snow, trash, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1894

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Triplex
  • Assessments: Yes
  • Construction: Previously Owned
  • Potential Short Sale: Yes
  • Estimated Number of Acres: 0.26
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2795
  • Total Fin Square Footage: 2795

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, Driveway - Shared

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 4

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Coin-op Laundry Leased

Lot Info

  • Lot/Land Description: Corner Lot, Tree Coverage - Medium
  • Estimated Lot Dimensions: 146x76

Rental Info

  • Owner Expense: Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Cable TV, Electric, Fuel, Lawn, Snow

Building Info

  • Year Built: 1894

Multi Family

  • Total Units Available: 3
  • Est Annual Gross Expense: 2907

Tax Info

  • Year: 2011
  • Tax Value: 2103

MLS Schools

  • School District: Waconia #110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2012
Closed on
Sep 25, 2012
Sold by
Hipp David Peter
Bought by
Schwaderer Andrew F
Seller's Agent
Linda Hipp
RE/MAX Alliance Realty
Buyer's Agent
Patricia Carty-Heffner
Counselor Realty, Inc.
List Price
$124,900
Sold Price
$87,000
Premium/Discount to List
-$37,900
-30.34%
Current Estimated Value
$322,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,810
Avg. Annual Appreciation
10.12%
Original Mortgage
$65,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1998
Sold by
Zaback Thomas O
Bought by
Hipp Linda J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schwaderer Andrew F $87,000 Land Title Inc
Hipp Linda J $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwaderer Andrew F $65,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2012 09/25/12 Sold $87,000 -30.3% $31 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $124,900 -- $45 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,214 $256,500 $55,000 $201,500
2024 $4,662 $259,400 $55,000 $204,400
2023 $4,948 $226,900 $45,000 $181,900
2022 $4,752 $233,800 $42,500 $191,300
2021 $4,768 $183,100 $35,400 $147,700
2020 $4,514 $173,800 $35,400 $138,400
2019 $4,646 $173,700 $33,700 $140,000
2018 $3,994 $173,700 $33,700 $140,000
2017 $3,004 $150,100 $30,600 $119,500
2016 $3,198 $132,200 $0 $0
2015 $2,784 $122,700 $0 $0
2014 $2,784 $102,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Linda Hipp

    RE/MAX

  • P

    Buyer's Agent in 2012

    Patricia Carty-Heffner

    Counselor Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3589823

REALTOR® Association of Southern Minnesota

APN: 55.0500190

Minnesota Carver County New Germany 55367

380 Broadway St E, New Germany, MN

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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