514 N Minnesota St New Ulm, MN 56073
Estimated Value: $214,000 - $257,000
3
Beds
2.5
Baths
2,745
Sq Ft
$86/Sq Ft
Est. Value
Highlights
- Deck
- Balcony
- Porch
- Formal Dining Room
- 1 Car Detached Garage
- 1-minute walk to Johnson Baseball Park
About This Home
As of November 2021Restored to Original Beauty! This classic two story brick home has received some much needed TLC and is now ready for new owners to bask in it's Beauty. New Updates include: 40 new windows, new flooring, new paint, remodeled bathrooms, remodeled kitchen, Forced Air and A/C, 2 new decks and fresh landscaping. The classic original hardwood floors, built in hutch, etched windows, pocket doors are still here! Come see all the hard work and care put into this house that could now be yours!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40
Year Built
- 1916
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 50 x 165
- Landscaped
Parking
- 1 Car Detached Garage
Home Design
- Brick Exterior Construction
- Frame Construction
Interior Spaces
- 2,745 Sq Ft Home
- 2-Story Property
- Woodwork
- Ceiling Fan
- Formal Dining Room
- Walkup Attic
Kitchen
- Range
- Microwave
- 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
- Balcony
- Deck
- Porch
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
Closed on
Jul 12, 2024
Sold by
Shaffer Joseph A and Shaffer Katherine
Bought by
Koester David A and Koester Alexa R
Total Days on Market
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$238,198
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
-$1,569
Purchase Details
Listed on
Sep 20, 2021
Closed on
Nov 22, 2021
Sold by
Ardolf Brian
Bought by
Shaffer Joseph A
Seller's Agent
Lanaye Kral
VALLEY PROPERTIES
Buyer's Agent
Erik Jensen
TRUE REAL ESTATE
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$235,290
Interest Rate
2.99%
Mortgage Type
VA
Purchase Details
Listed on
Nov 2, 2020
Closed on
May 7, 2021
Sold by
Guggisberg Louise M
Bought by
Ardolf Brian
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Paula Kral
HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
282.32%
Original Mortgage
$88,000
Interest Rate
3.1%
Mortgage Type
New Conventional
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
Similar Homes in New Ulm, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Koester David A | $240,000 | None Listed On Document | |
| Shaffer Joseph A | $230,000 | None Available | |
| Ardolf Brian | $110,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Koester David A | $240,000 | |
| Previous Owner | Shaffer Joseph A | $235,290 | |
| Previous Owner | Ardolf Brian | $88,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $230,000 | -2.1% | $84 / Sq Ft |
| 10/19/2021 10/19/21 | Pending | -- | -- | -- |
| 09/20/2021 09/20/21 | For Sale | $234,900 | +113.5% | $86 / Sq Ft |
| 05/07/2021 05/07/21 | Sold | $110,000 | -8.3% | $61 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $119,900 | -- | $67 / Sq Ft |
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
-
Lanaye Kral
Seller's Agent in 2021
Lanaye Kral
VALLEY PROPERTIES
(507) 217-7011
85 Total Sales
-
Lisa Besemer
Seller's Agent in 2021
Lisa Besemer
New Ulm Real Estate LLC
(507) 766-1991
310 Total Sales
-
Erik Jensen
Buyer's Agent in 2021
Erik Jensen
TRUE REAL ESTATE
(507) 381-2984
111 Total Sales
-
Paula Kral
Buyer's Agent in 2021
Paula Kral
HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC
(507) 217-9470
45 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7028184
APN: 00100106011110
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