NOT LISTED FOR SALE

403 403 N Payne New Ulm, MN 56073

Estimated Value: $170,000 - $212,000

3 Beds
2 Baths
1,078 Sq Ft
$173/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $155,000 $144 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,122/month

8 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Patio
  • New Ulm High School Rated 9+
  • 2 Car Detached Garage
  • Landscaped with Trees

About This Home

As of February 2024

This home is located at 403 403 N Payne, New Ulm, MN 56073 since 21 January 2024 and is currently estimated at $186,841, approximately $173 per square foot. This property was built in 1890. 403 403 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

Lisa Besemer

New Ulm Real Estate LLC Listed on: 01/21/2024

Last Buyer's Agent

Brenda Nosbush

BOCO REAL ESTATE INC. License #20137088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Stone Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 001.001.186.01.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.19
  • Foundation Size: 728
  • L V T Date: 02/26/2024
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.001.186.01.010
  • Stories: 1.25 - 1.75 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 17.6x11.5, On Level: Main
  • Room 2: Living Room, 15.28x13.56, On Level: Main
  • Room 3: Bedroom, 12.57x11.37, On Level: Main
  • Room 4: Bedroom, 14x15, On Level: Upper
  • Room 5: Bedroom, 8.33x10.25, On Level: Upper
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block, Stone
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 978
  • Below Grade Finished Sq Ft: 100
  • Tot Above Grade Sq Ft: 978
  • Total Fin Square Footage: 1078
  • Total Square Footage: 1706
  • Tot Below Grade Sq Ft: 728

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 50x165
  • Lot/Land Description: Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2023
  • Tax Value: 1658

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2024
Closed on
Feb 23, 2024
Sold by
Severson Teresa and Severson Robert
Bought by
Steinbeisser Michelle
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
List Price
$149,000
Sold Price
$155,000
Premium/Discount to List
$6,000
4.03%
Views
4
Current Estimated Value
$186,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,841
Avg. Annual Appreciation
11.27%
Original Mortgage
$150,200
Outstanding Balance
$147,570
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$39,271

Purchase Details

Closed on
Mar 31, 2016
Sold by
Kuehn Scott Scott
Bought by
Kuechle Teresa Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
3.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Steinbeisser Michelle $155,000 --
Kuechle Teresa Teresa $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinbeisser Michelle $150,200
Previous Owner Kuechle Teresa Teresa $100,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $155,000 +4.0% $144 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/21/2024 01/21/24 For Sale $149,000 -- $138 / 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 $1,630 $141,100 $38,400 $102,700
2023 $1,630 $141,900 $38,400 $103,500
2022 $1,432 $126,900 $33,400 $93,500
2021 $1,438 $108,500 $33,400 $75,100
2020 $1,330 $109,600 $33,400 $76,200
2019 $1,264 $102,900 $32,400 $70,500
2018 $1,216 $100,400 $32,400 $68,000
2017 $1,126 $93,800 $32,400 $61,400
2016 $1,044 $84,546 $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: 7034343

REALTOR® Association of Southern Minnesota

APN: 00100118601010