NOT LISTED FOR SALE

501 7th Ave SE New Prague, MN 56071

Estimated Value: $463,000 - $520,000

5 Beds
3.5 Baths
3,118 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 16, 2024

Last sale price $428,000 $137 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,076/month

153 Days on Market

Highlights

  • Family Room with Fireplace
  • No HOA
  • The kitchen features windows
  • New Prague Senior High School Rated 9+
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of January 2024

Meticulously maintained modified 2 story nestled in a quiet neighborhood. You will be WOW'd when you walk in the front door by the vaulted ceilings and open concept layout. The main level features a formal living room with an abundance of natural light. The kitchen boasts Cambria countertops, SS appliances, and a center island perfect for entertaining. There is a main level bedroom that is currently being used as an office. The upper level includes 3 bedrooms. The primary bedroom has a generous walk-in closet and a private bathroom featuring double sinks, a separate shower and a soaking tub. Don't miss the well appointed kitchen on the lower level which showcases granite countertops, SS appliances, and tile flooring. There are 2 gas fireplaces, main floor laundry, and a fenced backyard with an adorable playhouse. The home is located near the New Prague Golf Course and offers easy access to grocery stores, shopping, and restaurants.

Last Agent to Sell the Property

Kristen Rezac

Keller Williams Preferred Rlty Listed on: 07/14/2023

Keller Williams Preferred Rlty

Last Buyer's Agent

Venkata Goli

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 2003

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 144 x 87 x 148 x 87
  • Chain Link Fence

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Prague Estates 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 236070250

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,136

Year Built

Built in 2003

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
  • Fireplaces: 2
  • Water Source: City Water - In Street
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2068
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3118
  • Below Grade Finished Sq Ft: 1050
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Great Room, Dining Room, Laundry

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 588

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: New Prague Area Schools
  • SchoolDistrictNumber: 721
  • SchoolDistrictPhone: 952-758-1700

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 144 x 87 x 148 x 87
  • Lot Size Sq Ft: 12632.4
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 236070250
  • Tax Annual Amount: 5136
  • TaxWithAssessments: 5136.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Jan 16, 2024
Sold by
Witty Eric
Bought by
Patel Dipenkumar and Patel Nikitaben
Seller's Agent
Kristen Rezac
Keller Williams Preferred Rlty
Buyer's Agent
Venkata Goli
Real Broker, LLC
List Price
$439,900
Sold Price
$428,000
Premium/Discount to List
-$11,900
-2.71%
Views
292
Current Estimated Value
$491,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,090
Avg. Annual Appreciation
8.39%
Original Mortgage
$342,400
Outstanding Balance
$337,308
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$150,764

Purchase Details

Closed on
Jul 8, 2019
Sold by
Witty Eric J and Witty Jacqueliner
Bought by
Witty Eric J and Witty Jacqueline R
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
Patel Dipenkumar $428,000 --
Witty Eric J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Dipenkumar $342,400
Previous Owner Witty Eric J $214,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2024 01/16/24 Sold $428,000 -2.7% $137 / Sq Ft
12/15/2023 12/15/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $439,900 0.0% $141 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $439,900 -- $141 / 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 $5,050 $426,600 $76,300 $350,300
2024 $4,926 $407,200 $76,300 $330,900
2023 $5,136 $396,500 $68,300 $328,200
2022 $5,116 $385,900 $68,300 $317,600
2021 $4,920 $330,400 $63,300 $267,100
2020 $4,950 $313,400 $58,300 $255,100
2019 $4,606 $299,500 $56,526 $242,974
2018 $4,591 $274,600 $55,957 $218,643
2017 $4,557 $258,900 $55,553 $203,347
2016 $4,136 $251,700 $55,353 $196,347
2015 $4,121 $246,900 $55,214 $191,686
2014 $3,363 $207,500 $53,885 $153,615
2013 $3,182 $186,900 $52,997 $133,903
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6402136

NorthstarMLS

APN: 23.607.0250