514 514 N Minnesota St New Ulm, MN 56073
3
Beds
2.5
Baths
1,798
Sq Ft
8,276
Sq Ft Lot
Highlights
- Deck
- Formal Dining Room
- Woodwork
- Wood Flooring
- 1 Car Detached Garage
- 2-minute walk to Johnson Baseball Park
About This Home
As of July 2024This charming 2-story classic brick home in New Ulm, MN, built in 1916, exudes timeless elegance with its well-preserved period accents and fixtures. As you enter, you are greeted by an enclosed front porch with exposed brick and bead-board ceiling, setting the tone for the character-filled interior. Inside, the main floor boasts hardwood flooring, beautiful millwork, paneled doors, and pocket doors, creating a warm and inviting atmosphere. As you enter, the den is to your left and the living room is to your right which seamlessly opens into the formal dining room boasting a built-in buffet with lead glass and lots of storage. The updated kitchen offers LVP flooring, white cabinets, unique arched doorways, tile backsplash, and pantry storage in the adjoining hallway which also provides an updated ¾ bathroom and access to the back porch and deck. Upstairs, you'll find three bedrooms, an updated full bathroom with a double sink vanity and subway-tiled combination tub/shower. The hallway leads to a balcony overlooking the backyard and access to the walk-up attic, offering potential for future living space. The unfinished basement houses laundry facilities and a half bath. You will appreciate the tall ceilings in the basement and storage space. If you appreciate historic homes with a blend of modern updates, this well-loved property is a must-see.
Last Agent to Sell the Property
AMERICAN WAY REALTY License #00289588 Listed on: 05/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,702
Year Built
- Built in 1916
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50x165
Parking
- 1 Car Detached Garage
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,798 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Formal Dining Room
- Wood Flooring
- Walkup Attic
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 00100106011110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 22, 2024
Closed on
Jul 12, 2024
Sold by
Shaffer Joseph A and Shaffer Katherine
Bought by
Koester David A and Koester Alexa R
Seller's Agent
Karla Van Eman
AMERICAN WAY REALTY
Buyer's Agent
Eric Bode
BOCO REAL ESTATE INC.
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Views
56
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,829
Avg. Annual Appreciation
-1.48%
Original Mortgage
$240,000
Outstanding Balance
$238,198
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
-$1,569
Purchase Details
Closed on
Nov 22, 2021
Sold by
Ardolf Brian
Bought by
Shaffer Joseph A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,290
Interest Rate
2.99%
Mortgage Type
VA
Purchase Details
Closed on
May 7, 2021
Sold by
Guggisberg Louise M
Bought by
Ardolf Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Similar Homes in New Ulm, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | None Listed On Document | |
| Warranty Deed | $230,000 | None Available | |
| Warranty Deed | $110,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | VA | |
| Previous Owner | $235,290 | VA | |
| Previous Owner | $88,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2024 07/16/24 | Sold | $240,000 | -4.0% | $133 / Sq Ft |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- |
| 05/24/2024 05/24/24 | For Sale | $249,900 | +4.1% | $139 / Sq Ft |
| 05/22/2024 05/22/24 | Off Market | $240,000 | -- | -- |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $40 | $211,800 | $31,500 | $180,300 |
| 2023 | $2,702 | $213,100 | $31,500 | $181,600 |
| 2022 | $1,808 | $179,900 | $27,400 | $152,500 |
| 2021 | $1,979 | $129,100 | $27,400 | $101,700 |
| 2020 | $1,962 | $139,700 | $27,400 | $112,300 |
| 2019 | $1,909 | $137,800 | $27,400 | $110,400 |
| 2018 | $2,148 | $136,600 | $27,400 | $109,200 |
| 2017 | $1,684 | $124,500 | $27,400 | $97,100 |
| 2016 | $2,012 | $115,929 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karla Van Eman
Seller's Agent in 2024
Karla Van Eman
AMERICAN WAY REALTY
(507) 388-2660
2 in this area
297 Total Sales
-
Eric Bode
Buyer's Agent in 2024
Eric Bode
BOCO REAL ESTATE INC.
(507) 276-2327
80 in this area
109 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7034986
APN: 00100106011110
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