NOT LISTED FOR SALE

501 S Payne St New Ulm, MN 56073

Estimated Value: $151,000 - $171,344

4 Beds
1.5 Baths
1,428 Sq Ft
$112/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $116,500 $82 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,047/month

45 Days on Market

Highlights

  • Corner Lot
  • Bathroom on Main Level
  • Water Softener is Owned
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Dining Room

About This Home

As of October 2021

This home is located at 501 S Payne St, New Ulm, MN 56073 since 10 August 2021 and is currently estimated at $160,086, approximately $112 per square foot. This property was built in 1938. 501 S Payne St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Last Listed By

Jerry Sandmann

CENTURY 21 ATWOOD Listed on: 08/10/2021

CENTURY 21 ATWOOD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • 1938

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 165
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,428 Sq Ft Home
  • Ceiling Fan
  • Dining Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00100217614140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

1938

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Gravel, Fenced Yard - Partial
  • Estimated Number of Acres: 0.2
  • Assessment Balance: 162
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 784
  • L V T Date: 09/15/2021
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: 00100217614140
  • Price Per Square Foot: 54
  • Projected Closed Date: 10/22/2021
  • Sold Price Per Sq Ft: 53
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1744
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 13x10, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 3: Living Room, 19x11, On Level: Main
  • Room 4: Bedroom, 13x9, On Level: Main
  • Room 5: Bathroom, On Level: Main
  • Room 6: Bedroom, 13x9, On Level: Second Floor
  • Room 7: 10x9, On Level: Second Floor
  • Room 8: Master Bedroom, 19x11, On Level: Second Floor
  • Room 9: Laundry Room, On Level: Basement
  • Room 10: Bathroom, On Level: Basement
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1428
  • Tot Above Grade Sq Ft: 1428
  • Total Fin Square Footage: 1428
  • Total Square Footage: 2212
  • Tot Below Grade Sq Ft: 784

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Out Buildings: Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50 x 165
  • Lot/Land Description: Corner Lot, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Oct 22, 2021
Sold by
Panlonin Jason R and Pankonin Darlene J
Bought by
Simmons Stephanie
Seller's Agent
Jerry Sandmann
CENTURY 21 ATWOOD
Buyer's Agent
Becky Willis
TRUE REAL ESTATE
List Price
$119,900
Sold Price
$116,500
Premium/Discount to List
-$3,400
-2.84%
Total Days on Market
45
Current Estimated Value
$160,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,586
Avg. Annual Appreciation
9.01%
Original Mortgage
$113,005
Outstanding Balance
$104,269
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$54,404

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
Simmons Stephanie $116,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Stephanie $113,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $116,500 -2.8% $82 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $119,900 -- $84 / 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 $1,862 $156,200 $39,500 $116,700
2023 $1,862 $152,100 $39,500 $112,600
2022 $1,604 $135,400 $34,400 $101,000
2021 $1,531 $117,900 $34,400 $83,500
2020 $1,419 $114,700 $34,400 $80,300
2019 $1,249 $107,800 $32,400 $75,400
2018 $1,816 $99,500 $32,400 $67,100
2017 $1,060 $90,800 $32,400 $58,400
2016 $1,906 $92,862 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jerry Sandmann

    Seller's Agent in 2021

    Jerry Sandmann

    CENTURY 21 ATWOOD

    (507) 276-6813

    42 Total Sales

    Jerry Sandmann
    Section Image
  • Becky Willis

    Buyer's Agent in 2021

    Becky Willis

    TRUE REAL ESTATE

    (952) 334-3593

    26 Total Sales

    Becky Willis
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028152

REALTOR® Association of Southern Minnesota

APN: 00100217614140

Minnesota Brown County New Ulm 56073

501 S Payne St, New Ulm, MN

Homes for Sale in New Ulm, MN

This home is located at 501 S Payne St, New Ulm, MN 56073 since 10 August 2021 and is currently estimated at $160,086, approximately $112 per square foot. This property was built in 1938. 501 S Payne St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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