NOT LISTED FOR SALE

506 S Franklin St New Ulm, MN 56073

Estimated Value: $178,000 - $250,000

2 Beds
2 Baths
2,134 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $165,000 $77 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,299/month

14 Days on Market

Highlights

  • Ranch Style House
  • Bathroom on Main Level
  • Water Softener is Owned
  • 1 Car Attached Garage
  • Central Air
  • Hot Water Heating System

About This Home

As of June 2024

Check out this adorable rambler on a full lot with plenty of space to build the garage of your dreams! Features include main floor laundry, 3 bedrooms, 2 bathrooms, attached single garage and walk out basement with a second kitchen. Call for a showing today!

Last Agent to Sell the Property

Mary Henle

New Ulm Real Estate LLC Listed on: 05/16/2024

Last Buyer's Agent

Bridget Yokiel

REALTY EXECUTIVES ASSOCIATES License #40738086

REALTY EXECUTIVES ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,152

Year Built

  • Built in 1968

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Utilities

  • Central Air
  • Hot Water Heating System
  • Boiler Heating System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Range
  • Storage Shed
  • Lot Dimensions are 50x165

Listing and Financial Details

  • Assessor Parcel Number 001.002.147.02.020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,152

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Assessment Balance: 350
  • Assessments: Yes
  • Foundation Size: 1134
  • L V T Date: 05/17/2024
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.002.147.02.020
  • Price Per Square Foot: 84
  • Sold Price Per Sq Ft: 73
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2502
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 19x12, On Level: Main
  • Room 2: Living Room, 12x18, On Level: Main
  • Room 3: Bedroom, 12x10, On Level: Main
  • Room 4: Bedroom, 12x10, On Level: Main
  • Room 5: Family Room, 18x11, On Level: Lower
  • Room 6: Den/Office, 12x10, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1134
  • Below Grade Finished Sq Ft: 1000
  • Tot Above Grade Sq Ft: 1134
  • Total Fin Square Footage: 2134
  • Total Square Footage: 2268
  • Tot Below Grade Sq Ft: 1134

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Boiler, Hot Water
  • Sewer: City
  • Water: City

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2024
  • Tax Value: 2152

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 14, 2024
Sold by
Beranek Elaine
Bought by
Rassat Jared
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Bridget Yokiel
REALTY EXECUTIVES ASSOCIATES
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%
Views
18
Current Estimated Value
$203,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,077
Avg. Annual Appreciation
19.06%
Original Mortgage
$132,000
Outstanding Balance
$130,604
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$72,473

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 12, 2024
Sold by
Beranek Elaine
Bought by
Rassat Jared Lloyd
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Bridget Yokiel
REALTY EXECUTIVES ASSOCIATES
List Price
$189,900
Sold Price
$165,000
Premium/Discount to List
-$24,900
-13.11%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$130,604
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$72,473
Source: Public Records

Range of Values:

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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
Rassat Jared $165,000 --
Rassat Jared Lloyd $165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rassat Jared $132,000
Closed Rassat Jared Lloyd $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $165,000 -13.1% $77 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $189,900 -- $89 / 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 $2,342 $187,700 $39,500 $148,200
2023 $2,342 $177,800 $39,500 $138,300
2022 $1,888 $159,200 $34,400 $124,800
2021 $1,801 $133,500 $34,400 $99,100
2020 $1,666 $129,700 $34,400 $95,300
2019 $1,617 $121,400 $32,400 $89,000
2018 $1,870 $120,200 $32,400 $87,800
2017 $1,376 $109,200 $32,400 $76,800
2016 $1,856 $107,415 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Henle

    Seller's Agent in 2024

    Mary Henle

    New Ulm Real Estate LLC

    (507) 276-0517

    186 in this area

    223 Total Sales

    Mary Henle
    Section Image
  • Bridget Yokiel

    Buyer's Agent in 2024

    Bridget Yokiel

    Realty Executives

    (507) 327-7122

    7 in this area

    85 Total Sales

    Bridget Yokiel
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034944

REALTOR® Association of Southern Minnesota

APN: 00100214702020

Minnesota Brown County New Ulm 56073

506 S Franklin St, New Ulm, MN

This home is located at 506 S Franklin St, New Ulm, MN 56073 since 16 May 2024 and is currently estimated at $203,077, approximately $95 per square foot. This property was built in 1968. 506 S Franklin St is a home located in Brown County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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