NOT LISTED FOR SALE

419 N Franklin St New Ulm, MN 56073

Estimated Value: $116,000 - $180,000

2 Beds
1 Bath
844 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $105,500 $125 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $851/month

2 Days on Market

Highlights

  • Cape Cod Architecture
  • Water Softener is Owned
  • Storage Shed
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of July 2021

Full lot with room to build that DREAM garage! 2 bedrooms on the main floor with an unfinished loft that could be made into a 3rd bedroom. New furnace installed the fall of 2019. Residential neighborhood close to schools and parks. All appliances included.

Last Listed By

Lanaye Kral

VALLEY PROPERTIES Listed on: 05/12/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $976

Year Built

  • 1955

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165

Home Design

  • 844 Sq Ft Home
  • Cape Cod Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

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

Additional Features

  • Range
  • Storage Shed

Listing and Financial Details

  • Assessor Parcel Number 001.001.146.05.050

Home Details

Home Type

Single Family

Est. Annual Taxes

$976

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: Cape Cod (L)
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 844
  • L V T Date: 05/13/2021
  • Mechanicals: Water Softener-Owned, Circuit Breaker
  • Parcel Number: 001.001.146.05.050
  • Price Per Square Foot: 52
  • Sold Price Per Sq Ft: 56
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1170
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x11'8, On Level: Main
  • Room 2: Kitchen, 14x10, On Level: Main
  • Room 3: Bedroom, 12x9, On Level: Main
  • Room 4: Bedroom, 11'7x10'9, On Level: Main
  • Room 5: Loft, 21x12, On Level: Second Floor
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 844
  • Tot Above Grade Sq Ft: 1055
  • Total Fin Square Footage: 844
  • Total Square Footage: 1899
  • Tot Below Grade Sq Ft: 844

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Schmid Michael J and Schmid Karen W
Bought by
Schmid Lynne M
Total Days on Market
2
Current Estimated Value
$138,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Outstanding Balance
$84,515
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$41,982

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 8, 2021
Sold by
Prange Sandra J and Prange Terry
Bought by
Schmid Michael J and Schmid Karen W
Seller's Agent
Lanaye Kral
VALLEY PROPERTIES
Buyer's Agent
Daniel Haala
CENTURY 21 ATWOOD
List Price
$99,500
Sold Price
$105,500
Premium/Discount to List
$6,000
6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%

Range of Values:

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Average Value
Not Available
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
Schmid Lynne M $110,000 Fischer Groen Law & Groen
Schmid Michael J $105,500 None Available
Schmid Michael Michael $105,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmid Lynne M $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $105,500 +6.0% $125 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $99,500 -5.7% $118 / Sq Ft
05/12/2021 05/12/21 Off Market $105,500 -- --
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 $976 $98,300 $38,400 $59,900
2023 $976 $96,400 $38,400 $58,000
2022 $766 $83,800 $33,400 $50,400
2021 $1,132 $69,200 $33,400 $35,800
2020 $1,066 $67,800 $33,400 $34,400
2019 $1,322 $63,400 $32,400 $31,000
2018 $1,288 $80,000 $32,400 $47,600
2017 $1,192 $74,000 $32,400 $41,600
2016 $1,224 $70,686 $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: 7026982

REALTOR® Association of Southern Minnesota

APN: 00100114605050