NOT LISTED FOR SALE

405 1st Ave NE New London, MN 56273

Estimated Value: $431,000 - $514,000

4 Beds
2.5 Baths
2,919 Sq Ft
$158/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $390,000 $134 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,995/month

54 Days on Market

Highlights

  • No HOA
  • Porch
  • Tankless Water Heater
  • Prairie Woods Elementary School Rated 9+
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

On nearly 1.5 acres, this 4 bedroom, 3 bathroom New London home boasts privacy and character! Inside you'll find modern finishes with a country feel and lots of natural light. The Primary Suite is private, has dual sinks, walk-in closet and a large shower with custom tiling. The open living and dining areas are ideal for entertaining and the sunroom houses a hot tub! Upstairs you'll find another living area, 2 bedrooms and 1/2 bathroom. Outside, enjoy warmer weather on the covered patio or shoot some hoops on the nice concrete circle driveway. The detached, heated 3-stall garage has plenty of storage and an epoxy floor. It also features living quarters with full bath, kitchen and studio that's perfect for guests, hangouts or potential rental income. Check out the floor plans in the photos and 3D virtual tours of both the home and garage!

Last Agent to Sell the Property

Ben Hooper

Lakes Area Realty, Inc. Listed on: 02/17/2023

Last Buyer's Agent

Jasmine Vikse

Jane Vikse Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,316

Year Built

  • Built in 1900

Lot Details

  • 1.39 Acre Lot
  • Lot Dimensions are 250x275
  • Irregular Lot
  • Many Trees

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,919 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Larsons Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 609100410

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,316

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2919
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial, Storage Space, Unfinished
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • Living Area: 2919
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Three Season Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Covered,Glass Enclosed

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Boiler, Forced Air, Hot Water
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 250x275
  • Lot Size Sq Ft: 60548.4
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 609100410
  • Tax Annual Amount: 6316
  • TaxWithAssessments: 6316.0000

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
May 12, 2023
Sold by
Quam Ryan
Bought by
Kuehnast Nicholas and Koerner Amanda
Seller's Agent
Ben Hooper
Lakes Area Realty, Inc.
Buyer's Agent
Jasmine Vikse
Jane Vikse Real Estate
List Price
$389,900
Sold Price
$390,000
Premium/Discount to List
$100
0.03%
Views
35
Current Estimated Value
$461,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,473
Avg. Annual Appreciation
6.93%
Original Mortgage
$288,000
Outstanding Balance
$279,577
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$181,896

Purchase Details

Closed on
Oct 21, 2019
Sold by
Pearson Richard P and Pearson Charlotte A
Bought by
Johnson Credem H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Kuehnast Nicholas $390,000 --
Johnson Credem H $297,000 Quality Title Of Willmar Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuehnast Nicholas $288,000
Previous Owner Johnson Credem H $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $390,000 0.0% $134 / Sq Ft
04/16/2023 04/16/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $389,900 -- $134 / Sq Ft
Source: NorthstarMLS

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
2025 $6,744 $425,500 $46,700 $378,800
2024 $6,526 $428,000 $40,300 $387,700
2023 $6,260 $406,600 $40,300 $366,300
2022 $6,316 $391,500 $44,100 $347,400
2021 $5,446 $352,700 $43,600 $309,100
2020 $5,012 $321,100 $43,600 $277,500
2019 $4,716 $300,900 $35,500 $265,400
2018 $4,152 $278,300 $35,500 $242,800
2017 $1,714 $249,000 $32,600 $216,400
2016 $1,702 $999 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6333618

NorthstarMLS

APN: 60-910-0410