NOT LISTED FOR SALE

503 2nd St NW New Richland, MN 56072

Estimated Value: $179,000 - $227,000

3 Beds
2 Baths
1,099 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $133,000 $121 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,306/month

251 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Dining Room
  • 4 Car Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

COMPLETE REMODEL! 3 BEDROOM, 2 BATH, 2-CAR ATTACHED PLUS 2-CAR DETACHED GARAGE/WORKSHOP. NEW SIDING, ROOF, MOST WINDOWS, KITCHEN CABINETS, & FRESH PAINT.

Last Agent to Sell the Property

Kim Berg

Edina Realty, Inc. Listed on: 07/12/2013

Co-Listed By

Marcia Berg

Edina Realty, Inc.

Last Buyer's Agent

Kim Berg

Edina Realty, Inc. Listed on: 07/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1937

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 78x150
  • Few Trees

Parking

  • 4 Car Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,099 Sq Ft Home
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 157780320

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • Foundation Size: 624
  • Parcel Number: 157780320
  • Projected Closed Date: 05/30/2014
  • Taxes With Assessments: 730
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x11, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 15x11, On Level: Upper
  • Room 6: Bedroom, 13x10, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 9: Porch, 23x6, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1099
  • Total Fin Square Footage: 1099

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Waseca #829

Lot Info

  • Estimated Lot Dimensions: 78x150
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1937

Tax Info

  • Year: 2013
  • Tax Value: 730

MLS Schools

  • School District: Waseca #829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2013
Closed on
May 23, 2014
Sold by
Todd Todd
Bought by
Wilson Ii Rodney D
Seller's Agent
Kim Berg
Edina Realty, Inc.
Buyer's Agent
Kim Berg
Edina Realty, Inc.
List Price
$130,000
Sold Price
$133,000
Premium/Discount to List
$3,000
2.31%
Total Days on Market
251
Current Estimated Value
$198,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,933
Avg. Annual Appreciation
3.69%
Original Mortgage
$137,755
Outstanding Balance
$106,832
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$92,101

Purchase Details

Closed on
Jul 31, 2012
Sold by
State Bank Of New Richland
Bought by
Neitzel Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 28, 2012
Sold by
Wobschall Randy and Wobschall Susan
Bought by
State Bank Of New Richland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2012
Sold by
Steele-Waseca Cooperative Electric
Bought by
State Bank Of New Richland

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
Wilson Ii Rodney D -- --
Neitzel Todd -- --
State Bank Of New Richland -- --
State Bank Of New Richland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Ii Rodney D $137,755
Previous Owner Neitzel Todd $68,000
Previous Owner State Bank Of New Richland $68,000
Previous Owner Wobschall Randy S $18,357
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2014 05/23/14 Sold $133,000 +2.3% $121 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
07/12/2013 07/12/13 For Sale $130,000 -- $118 / 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
2023 $2,422 $170,100 $20,500 $149,600
2022 $2,050 $143,800 $14,700 $129,100
2021 $2,068 $120,200 $12,300 $107,900
2020 $2,012 $120,100 $11,400 $108,700
2019 $1,692 $120,100 $11,400 $108,700
2018 $1,514 $106,100 $10,000 $96,100
2017 $1,414 $72,500 $6,624 $65,876
2016 $1,390 $72,500 $6,624 $65,876
2015 -- $69,600 $6,534 $63,066
2012 -- $41,400 $5,940 $35,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4507606

REALTOR® Association of Southern Minnesota

APN: 15.778.0320