$83,000
SOLD JUL 24, 2015

514 S Franklin St New Ulm, MN 56073

3 Beds
1.5 Baths
1,718 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$48 Per Sq Ft

5 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Bathroom on Main Level
  • Water Softener is Owned
  • Storage Shed

About This Home

As of July 2020

This home is located at 514 S Franklin St, New Ulm, MN 56073 and is currently priced at $83,000, approximately $48 per square foot. This property was built in 1948. 514 S Franklin St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Last Agent to Sell the Property

Lisa Besemer

New Ulm Real Estate LLC Listed on: 05/22/2015

Last Buyer's Agent

Lisa Besemer

New Ulm Real Estate LLC Listed on: 05/22/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • 1948

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x165

Parking

  • Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding
  • Masonite

Interior Spaces

  • Ceiling Fan
  • Formal Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 001.002.147.04.040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.15
  • Construction: Previously Owned
  • Foundation Size: 828
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 001.002.147.04.040
  • Price Per Square Foot: 41
  • Sold Price Per Sq Ft: 41
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 926
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1218
  • Below Grade Finished Sq Ft: 500
  • Tot Above Grade Sq Ft: 1218
  • Total Fin Square Footage: 1718
  • Total Square Footage: 2046
  • Tot Below Grade Sq Ft: 828

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Steel, Masonite (L)
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 31, 2020
Sold by
Olson Nichole L
Bought by
Herzog Lucke C
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$126,900
Sold Price
$128,000
Premium/Discount to List
$1,100
0.87%
Current Estimated Value
$197,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,559
Avg. Annual Appreciation
7.72%
Original Mortgage
$115,200
Outstanding Balance
$103,508
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$83,092
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 $128,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $128,000 +0.9% $70 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $126,900 +52.9% $70 / Sq Ft
07/24/2015 07/24/15 Sold $83,000 0.0% $48 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $83,000 -- $48 / 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 $1,982 $164,100 $37,600 $126,500
2023 $1,982 $151,400 $39,500 $111,900
2022 $1,540 $131,400 $34,400 $97,000
2021 $1,378 $114,400 $34,400 $80,000
2020 $1,284 $106,200 $34,400 $71,800
2019 $1,228 $100,300 $32,400 $67,900
2018 $1,136 $98,300 $32,400 $65,900
2017 $1,042 $89,500 $32,400 $57,100
2016 $1,070 $85,833 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Besemer

    Seller's Agent in 2020

    Lisa Besemer

    New Ulm Real Estate LLC

    (507) 766-1991

    250 in this area

    307 Total Sales

    Lisa Besemer
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7009238

REALTOR® Association of Southern Minnesota

APN: 00100214704040

Minnesota Brown County New Ulm 56073

514 S Franklin St, New Ulm, MN

This home is located at 514 S Franklin St, New Ulm, MN 56073 and is currently priced at $83,000, approximately $48 per square foot. This property was built in 1948. 514 S Franklin St is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

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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