
501 501 Summit Ave New Ulm, MN 56073
Estimated Value: $216,000 - $237,000
Highlights
- 0.65 Acre Lot
- 1 Car Detached Garage
- Bathroom on Main Level
- Wood Flooring
- Porch
- 1-Story Property
About This Home
As of May 2024Welcome to 501 Summit Avenue, a charming rambler with three bedrooms, including a versatile space for a mother-in-law suite. Nestled near parks, schools, and a recreation center, this home offers convenience and a friendly atmosphere. Wood shake shingles adorn the exterior, hinting at the warmth within. Step inside to discover hardwood floors and a focal wood-burning fireplace in the inviting living space. The galley-style kitchen combines functionality with style, complemented by a three-season porch for year-round enjoyment. Vaulted ceilings and strategically placed windows create an airy, bright ambiance throughout the home. Though lacking a basement, the crawl space provides easy access for maintenance and storage needs. One unique feature is the potential for expansion in the attic, allowing you to customize the home according to your evolving needs—be it a home office, studio, or additional bedrooms. Outdoor living is enhanced by a patio, perfect for entertaining or relaxation. This property is not just a house; it's a home with character and potential. Embrace the versatility of the mother-in-law suite, the warmth of the wood-burning fireplace, and the promise of expansion in the attic. Make 501 Summit Avenue your haven for comfortable and personalized living. Preferred possession is May 1, 2024
Last Agent to Sell the Property
CENTURY 21 ATWOOD License #003236510 Listed on: 01/25/2024

Last Buyer's Agent
Non Member
Non-Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,996
Year Built
- Built in 1950
Lot Details
- 0.65 Acre Lot
- Lot Dimensions are 141 x 200
- Landscaped
- Many Trees
Home Design
- Frame Construction
- Shake Roof
- Stone Exterior Construction
Interior Spaces
- 1,611 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Wood Flooring
- Washer
Kitchen
- Built-In Oven
- Range
- Trash Compactor
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Parking
- 1 Car Detached Garage
- Driveway with Pavers
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 001.700.000.050.30
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Similar Homes in New Ulm, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Green Family Trust | $218,000 | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/08/2024 05/08/24 | Sold | $218,000 | +3.9% | $135 / Sq Ft |
01/27/2024 01/27/24 | Pending | -- | -- | -- |
01/25/2024 01/25/24 | For Sale | $209,900 | -- | $130 / Sq Ft |
Tax History Compared to Growth
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 | $2,350 | $188,200 | $71,200 | $117,000 |
2023 | $2,350 | $166,000 | $70,000 | $96,000 |
2022 | $1,998 | $147,200 | $60,800 | $86,400 |
2021 | $1,990 | $139,600 | $60,800 | $78,800 |
2020 | $1,568 | $140,200 | $60,800 | $79,400 |
2019 | $1,554 | $116,000 | $74,400 | $41,600 |
2018 | $1,756 | $116,600 | $74,400 | $42,200 |
2017 | $1,700 | $123,600 | $74,400 | $49,200 |
2016 | $1,670 | $118,998 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $0 | $0 | $0 |
2013 | -- | $0 | $0 | $0 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jeff Kaul
CENTURY 21 ATWOOD
(507) 381-1133
134 in this area
432 Total Sales
-
N
Buyer's Agent in 2024
Non Member
Non-Member
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7034161

APN: 00170000005030
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