$230,000
SOLD NOV 22, 2021

514 N Minnesota St New Ulm, MN 56073

3 Beds
2.5 Baths
2,745 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Deck
  • Balcony
  • Porch
  • Formal Dining Room
  • 1 Car Detached Garage
  • 1-minute walk to Johnson Baseball Park

About This Home

As of November 2021

Restored 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!

Last Agent to Sell the Property

Lanaye Kral

VALLEY PROPERTIES Listed on: 09/20/2021

Last Buyer's Agent

Erik Jensen

AMERICAN WAY REALTY License #40430921

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$40

Year Built

1916

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Natural Woodwork, Walk-up Attic
  • Amenities Exterior: Balcony, Deck, Porch
  • Estimated Number of Acres: 0.19
  • Foundation Size: 947
  • L V T Date: 09/20/2021
  • Mechanicals: Water Heater-Gas, Circuit Breaker
  • Parcel Number: 00100106011110
  • Price Per Square Foot: 86
  • Sold Price Per Sq Ft: 84
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 2360
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1916

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Kitchen, 9x13, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Living Room, 16x12, On Level: Main
  • Room 4: Den/Office, 9x12, On Level: Main
  • Room 5: Bedroom, 11x12, On Level: Upper
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2745
  • Tot Above Grade Sq Ft: 1798
  • Total Fin Square Footage: 2745
  • Total Square Footage: 2745
  • Tot Below Grade Sq Ft: 947

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Brick

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50 x 165
  • Lot/Land Description: Landscaped, Paved Streets

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
Current Estimated Value
$227,143

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
-$11,055

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
AMERICAN WAY REALTY
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
-0.34%
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
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 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
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

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 $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

  • L

    Seller's Agent in 2021

    Lanaye Kral

    VALLEY PROPERTIES

    Section Image
  • Lisa Besemer

    Seller's Agent in 2021

    Lisa Besemer

    New Ulm Real Estate LLC

    (507) 766-1991

    255 in this area

    311 Total Sales

    Lisa Besemer
    Section Image
  • Erik Jensen

    Buyer's Agent in 2021

    Erik Jensen

    AMERICAN WAY REALTY

    (507) 381-2984

    8 in this area

    108 Total Sales

    Erik Jensen
    Section Image
  • Paula Kral

    Buyer's Agent in 2021

    Paula Kral

    HOME REAL ESTATE AND PROPERTY MANAGEMENT LLC

    (507) 217-9470

    34 in this area

    45 Total Sales

    Paula Kral
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7028184

REALTOR® Association of Southern Minnesota

APN: 00100106011110

Minnesota Brown County New Ulm 56073

514 N Minnesota St, New Ulm, MN

This home is located at 514 N Minnesota St, New Ulm, MN 56073 and is currently priced at $230,000, approximately $83 per square foot. This property was built in 1916. 514 N Minnesota St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

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