NOT LISTED FOR SALE

500 S Franklin St New Ulm, MN 56073

Estimated Value: $120,000 - $183,000

2 Beds
1 Bath
925 Sq Ft
$167/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $89,900 $97 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,020/month

6 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen
  • Corner Lot
  • 1 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of September 2021

Great potential! 2 bedroom 1 bath home with a single detached garage.

Last Listed By

Mary Henle

New Ulm Real Estate LLC Listed on: 07/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1925

Lot Details

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

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 925 Sq Ft Home
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 001.002.147.01.010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Eat-In Kitchen, Garage Door Opener, Kitchen Center Island
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.09
  • Assessment Balance: 293.56
  • Assessments: Yes
  • Foundation Size: 925
  • L V T Date: 09/10/2021
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 001.002.147.01.010
  • Price Per Square Foot: 49
  • Sold Price Per Sq Ft: 49
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 1684
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 925
  • Tot Above Grade Sq Ft: 925
  • Total Fin Square Footage: 925
  • Total Square Footage: 1850
  • Tot Below Grade Sq Ft: 925

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • 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: 1925

Tax Info

  • Year: 2021
  • Tax Value: 1096.88

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Sep 8, 2021
Sold by
Hjerpe Candy L
Bought by
Eagle Eye Real Estate Llc
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Stephanie Meyer
TRUE REAL ESTATE
List Price
$89,900
Sold Price
$89,900
Total Days on Market
6
Current Estimated Value
$154,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,257
Avg. Annual Appreciation
13.45%
Original Mortgage
$71,920
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 27, 2017
Closed on
Sep 29, 2017
Sold by
Roberts Jessica A
Bought by
Hjerpe Candy L
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
List Price
$84,900
Sold Price
$84,000
Premium/Discount to List
-$900
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%
Original Mortgage
$76,410
Interest Rate
3.82%
Mortgage Type
New Conventional

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
Eagle Eye Real Estate Llc $89,900 None Available
Hjerpe Candy L $84,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibberson Kaleb J $120,164
Closed Eagle Eye Real Estate Llc $71,920
Previous Owner Hjerpe Candy L $76,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2021 09/09/21 Sold $89,900 0.0% $97 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $89,900 +7.0% $97 / Sq Ft
09/29/2017 09/29/17 Sold $84,000 -1.1% $78 / Sq Ft
08/23/2017 08/23/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $84,900 -- $79 / 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 $1,932 $133,300 $29,900 $103,400
2023 $1,932 $125,600 $29,900 $95,700
2022 $1,160 $111,800 $26,000 $85,800
2021 $1,097 $93,500 $26,000 $67,500
2020 $980 $90,600 $26,000 $64,600
2019 $918 $83,500 $24,500 $59,000
2018 $1,462 $81,000 $24,500 $56,500
2017 $1,186 $73,400 $24,500 $48,900
2016 $1,772 $69,399 $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: 7028110

REALTOR® Association of Southern Minnesota

APN: 00100214701010