NOT LISTED FOR SALE

503 2nd St SW New Richland, MN 56072

Estimated Value: $119,000 - $169,000

2 Beds
2 Baths
1,172 Sq Ft
$124/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $85,000 $73 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $925/month

67 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Porch
  • Ceiling Fan

About This Home

As of December 2018

Nice, well maintained 2 bedroom, 2 bath home on large corner lot. Porch on front and double detached garage. Large bedrooms upstairs. All appliances stay. Big, open dining room with lots of natural light. Close to school and golf course! Seller will be finishing the basement bathroom before closing.

Last Agent to Sell the Property

Samantha Kaul

CENTURY 21 ATWOOD License #40489520 Listed on: 09/23/2018

CENTURY 21 ATWOOD

Last Buyer's Agent

PAMELA DAVEY

REALTY EXECUTIVES ASSOCIATES License #40072130

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,424

Year Built

  • 1920

Lot Details

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

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 15-778-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,424

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • L V T Date: 09/24/2018
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 15-778-0070
  • Price Per Square Foot: 57
  • Projected Closed Date: 12/21/2018
  • Sold Price Per Sq Ft: 57
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 698
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Dining Room, 14x13, On Level: Main
  • Room 2: Kitchen, 9.5x8, On Level: Main
  • Room 3: Living Room, 21x11.5, On Level: Main
  • Room 4: Bedroom, 11.5x17, On Level: Upper
  • Room 5: Bedroom, 12.5x12.5, On Level: Upper
  • Room 6: Bathroom, 8x6, On Level: Upper
  • Room 7: On Level: Basement
  • Room 8: Rec Room, 10.5x20, On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 962
  • Below Grade Finished Sq Ft: 210
  • Tot Above Grade Sq Ft: 962
  • Total Fin Square Footage: 1172
  • Total Square Footage: 1487
  • Tot Below Grade Sq Ft: 525

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 676

Utilities

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

Schools

  • School District: New Richland-Hartland-Ellendale-Geneva

Lot Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2018
Closed on
Dec 21, 2018
Sold by
Jensen Brandon
Bought by
Merritt Alex
Seller's Agent
Samantha Kaul
CENTURY 21 ATWOOD
Buyer's Agent
PAMELA DAVEY
REALTY EXECUTIVES ASSOCIATES
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$145,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,292
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Jul 24, 2015
Sold by
Root Travis Travis
Bought by
Jensen Brandon Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,650
Interest Rate
4.04%
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
Merritt Alex $85,000 North American Title
Jensen Brandon Brandon $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Brandon Brandon $59,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $85,000 0.0% $73 / Sq Ft
11/29/2018 11/29/18 Pending -- -- --
09/23/2018 09/23/18 For Sale $85,000 -- $73 / 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 $1,424 $112,500 $20,500 $92,000
2022 $1,112 $94,900 $14,700 $80,200
2021 $902 $79,300 $12,300 $67,000
2020 $876 $65,700 $11,400 $54,300
2019 $778 $65,700 $11,400 $54,300
2018 $718 $58,000 $10,000 $48,000
2017 $698 $33,200 $5,513 $27,687
2016 $672 $33,200 $5,513 $27,687
2015 -- $32,500 $5,527 $26,973
2012 -- $37,000 $5,937 $31,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7019199

REALTOR® Association of Southern Minnesota

APN: 15.778.0070