$116,500
SOLD JAN 29, 2021

401 N State St New Ulm, MN 56073

3 Beds
2 Baths
1,571 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$74 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Patio
  • Corner Lot
  • Porch
  • Bathroom on Main Level

About This Home

As of January 2021

Beautiful older home on a corner lot with tons of updates! This house located just blocks from Cathedral High School and Johnson Park is among some of the most beautiful homes in an historic part of New Ulm. This house has been updated to include 3 bedrooms and 2 bathrooms. The kitchen was updated in 2018 to include new cabinets and an open floor plan. Built in bookshelves and window seat recently added to give the living area an extra cozy feel. The downstairs bedroom can be easily converted into an office/den making for additional living space on the main floor. An oversized one car garage with an attached workshop and long driveway allow for easy off street parking. This house is truly a must see! Notables: Washer and Dryer (2017), Kitchen Remodel (2018), bathrooms remodeled (2018), downstairs bedroom updated (2019), Landscaping and retaining walls (2020), Tankless water heater, Central Air

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 11/25/2020

Co-Listed By

Sara Stilson

TRUE REAL ESTATE License #40682251

Last Buyer's Agent

Dan Terrell

RE/MAX DYNAMIC AGENTS

RE/MAX DYNAMIC AGENTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,438

Year Built

  • Built in 1878

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x82
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,571 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00100111001010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,438

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.09
  • Assessment Balance: 202.16
  • Assessments: Yes
  • Foundation Size: 931
  • L V T Date: 11/25/2020
  • Parcel Number: 00100111001010
  • Price Per Square Foot: 46
  • Sold Price Per Sq Ft: 47
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1602
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x18, On Level: Main
  • Room 2: Kitchen, 15x12, On Level: Main
  • Room 3: Bedroom, 12x12, On Level: Main
  • Room 4: Laundry Room, 10x6, On Level: Main
  • Room 5: Primary Bedroom, 15x15, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1571
  • Tot Above Grade Sq Ft: 1571
  • Total Fin Square Footage: 1571
  • Total Square Footage: 2502
  • Tot Below Grade Sq Ft: 931

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x82
  • Lot/Land Description: Corner Lot

Building Info

  • Year Built: 1878

Tax Info

  • Year: 2020
  • Tax Value: 1437.84

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Jan 29, 2021
Sold by
Patterson Wesley and Patterson Rachel
Bought by
Lee Alexandra H and Lee Paul A
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Dan Terrell
RE/MAX DYNAMIC AGENTS
List Price
$115,000
Sold Price
$116,500
Premium/Discount to List
$1,500
1.3%
Current Estimated Value
$160,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,871
Avg. Annual Appreciation
7.36%
Original Mortgage
$110,675
Outstanding Balance
$100,063
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$60,308
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $116,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $110,675 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $116,500 +1.3% $74 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $115,000 +13.9% $73 / Sq Ft
06/20/2013 06/20/13 Sold $101,000 +1.1% $67 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
04/16/2013 04/16/13 For Sale $99,900 -- $66 / 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 $1,866 $147,400 $29,000 $118,400
2023 $1,866 $148,500 $29,000 $119,500
2022 $1,478 $132,000 $25,200 $106,800
2021 $1,467 $111,000 $25,200 $85,800
2020 $1,400 $111,100 $25,200 $85,900
2019 $1,339 $106,700 $24,500 $82,200
2018 $1,448 $104,500 $24,500 $80,000
2017 $1,175 $97,000 $24,500 $72,500
2016 $1,394 $92,862 $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: 7025847

REALTOR® Association of Southern Minnesota

APN: 00100111001010