NOT LISTED FOR SALE

507 S Washington St New Ulm, MN 56073

Estimated Value: $292,000 - $362,836

4 Beds
2.5 Baths
2,833 Sq Ft
$118/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $263,000 $93 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,246/month

317 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Skylights
  • Breakfast Area or Nook
  • 2 Car Detached Garage
  • Porch

About This Home

As of August 2020

A mixture of Arts & Crafts Bungalow meets Farmhouse! You will LOVE this four bedroom home (including master bedroom suite) that is nestled amongst the pines on central location near Lincoln Park! As soon as you walk through the door you feel at home---just nestle in and enjoy a fire in the living room....put a puzzle together in the four season porch....or enjoy a special meal in the dining room with beautiful built ins and columns. There is just so much character in this house! The main floor also has a fantastic gourmet kitchen that is open to the family room! The upper level has the private master suite, three bedrooms and upper level laundry too!!!! Incl: appliances

Last Listed By

Lisa Besemer

New Ulm Real Estate LLC Listed on: 09/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,672

Year Built

  • 1915

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Stucco Exterior
  • Cement Board or Planked

Interior Spaces

  • 2,833 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001.002.111.13.130

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,672

Year Built

1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Skylight, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups, Double Pane Windows (L), Window Coverings (L)
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.19
  • Construction: Previously Owned
  • Foundation Size: 1513
  • L V T Date: 09/05/2019
  • Mechanicals: Air to Air Exchange, Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.002.111.13.130
  • Price Per Square Foot: 64
  • Sold Price Per Sq Ft: 61
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 3720
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1915

Interior Features

  • Dining Room: Breakfast Nook, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: Full Master, Main Floor 3/4 Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 16x16, On Level: Main
  • Room 2: Dining Room, 12x15, On Level: Main
  • Room 3: 4 Season Porch, 14x16, On Level: Main
  • Room 4: Kitchen, 14x15, On Level: Main
  • Room 5: Family Room, 20x16, On Level: Main
  • Room 6: Den/Office, 6x7, On Level: Main
  • Room 7: 5x8, On Level: Main
  • Room 8: Den/Office, 10x11, On Level: Main
  • Room 9: Master Bedroom, 12x19, On Level: Upper
  • Room 10: Laundry Room, 10x9, On Level: Upper
  • Room 11: Bedroom, 11x10, On Level: Upper
  • Room 12: Bedroom, 11x9, On Level: Upper
  • Room 13: Bedroom, 10x15, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2833
  • Tot Above Grade Sq Ft: 2833
  • Total Fin Square Footage: 2833
  • Total Square Footage: 4346
  • Tot Below Grade Sq Ft: 1513

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Aug 25, 2020
Sold by
Nusz Nicole and Kruse Justin
Bought by
Willey Steven L and Willey Marcia K
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Daniel Christensen
RE/MAX DYNAMIC AGENTS
List Price
$279,900
Sold Price
$263,000
Premium/Discount to List
-$16,900
-6.04%
Total Days on Market
317
Current Estimated Value
$333,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,209
Avg. Annual Appreciation
4.99%
Original Mortgage
$95,000
Outstanding Balance
$85,068
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$246,273

Purchase Details

Listed on
May 18, 2017
Closed on
Oct 6, 2017
Sold by
Louters Margaret Margaret
Bought by
Kruse Nicole Nicole and Kruse Justin Justin
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$284,900
Sold Price
$289,000
Premium/Discount to List
$4,100
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.21%
Original Mortgage
$288,000
Interest Rate
3.86%

Purchase Details

Listed on
May 18, 2017
Closed on
Oct 2, 2017
Sold by
Louters Margaret M and Louters Herman A
Bought by
Kruse Nicole and Kruse Justin
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$284,900
Sold Price
$289,000
Premium/Discount to List
$4,100
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.86%

Range of Values:

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Average Value
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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
Willey Steven L $263,000 Quality Title
Kruse Nicole Nicole $289,000 --
Kruse Nicole $289,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willey Steven L $95,000
Previous Owner Kruse Nicole Nicole $288,000
Previous Owner Kruse Nicole $274,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $263,000 -6.0% $93 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $279,900 0.0% $99 / Sq Ft
07/09/2020 07/09/20 Price Changed $279,900 +6.4% $99 / Sq Ft
07/05/2020 07/05/20 Off Market $263,000 -- --
05/19/2020 05/19/20 Price Changed $284,900 -1.0% $101 / Sq Ft
10/30/2019 10/30/19 Price Changed $287,900 -0.7% $102 / Sq Ft
09/04/2019 09/04/19 For Sale $289,900 +0.3% $102 / Sq Ft
10/06/2017 10/06/17 Sold $289,000 +1.4% $102 / Sq Ft
08/04/2017 08/04/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $284,900 -- $101 / 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 $4,672 $340,100 $39,500 $300,600
2023 $4,672 $337,200 $39,500 $297,700
2022 $4,014 $301,600 $34,400 $267,200
2021 $3,824 $250,300 $34,400 $215,900
2020 $3,744 $242,300 $34,400 $207,900
2019 $3,682 $236,400 $32,400 $204,000
2018 $3,420 $236,300 $32,400 $203,900
2017 $3,217 $215,200 $32,400 $182,800
2016 $3,386 $204,237 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7022149

REALTOR® Association of Southern Minnesota

APN: 00100211113130