NOT LISTED FOR SALE

501 S Payne St New Ulm, MN 56073

Estimated Value: $176,000 - $212,000

4 Beds
1.5 Baths
1,428 Sq Ft
$131/Sq Ft Est. Value

Last Sold October 22, 2021

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

Est. 61% increase in value since last sale

Current estimated payment $1,142/month

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • New Ulm High School Rated 9+
  • Bathroom on Main Level
  • Water Softener is Owned

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 $187,233, approximately $131 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 Agent to Sell the Property

Jerry Sandmann

CENTURY 21 ATWOOD Listed on: 08/10/2021

CENTURY 21 ATWOOD

Last Buyer's Agent

Becky Willis

TRUE REAL ESTATE License #40606960

TRUE REAL ESTATE

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
  • 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
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • 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

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%
Current Estimated Value
$187,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,733
Avg. Annual Appreciation
12.36%
Original Mortgage
$113,005
Outstanding Balance
$103,169
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$84,064
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
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 List to Sale Price per Sq Ft
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

    30 in this area

    38 Total Sales

    Jerry Sandmann
    Section Image
  • Becky Willis

    Buyer's Agent in 2021

    Becky Willis

    TRUE REAL ESTATE

    (952) 334-3593

    3 in this area

    27 Total Sales

    Becky Willis
    Section Image
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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

Not Listed for Sale

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