NOT LISTED FOR SALE

522 S Minnesota St New Ulm, MN 56073

Estimated Value: $250,000 - $266,739

5 Beds
3 Baths
3,906 Sq Ft
$66/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $129,500 $33 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,611/month

Highlights

  • Deck
  • Detached Garage
  • Water Softener is Owned
  • New Ulm High School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of December 2016

Looking for a great investment? Here it is! This amazing duplex (once a brewery in 1870) was extensively remodelled and features two units with very open floor plans! Plenty of parking...great location....Come see this today!

Last Agent to Sell the Property

Lisa Besemer

New Ulm Real Estate LLC Listed on: 03/22/2016

Last Buyer's Agent

Christa Wolner

Connect Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,882

Year Built

  • 1870

Lot Details

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

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

  • 3,906 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 1 Parking Space Included
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Ground Level
  • Upper Level

Utilities

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

Listing and Financial Details

  • Tenant pays for broadband, cable TV, electric, fuel, trash
  • Assessor Parcel Number 001.002.071.06.060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,882

Year Built

1870

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1302
  • L V T Date: 03/28/2016
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: 001.002.071.06.060
  • Price Per Square Foot: 33.15
  • Rental License: Yes
  • Stories: 3 Story
  • Taxes With Assessments: 2848
  • Estimated Number of Acres: 0.15
  • Zoning: S/2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1870

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Features: Unfinished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3906
  • Total Square Footage: 3906

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Metal
  • Exterior Amenities: Deck, Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Off Street Parking: 3

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Rental Info

  • Tenant Expense: Broadband, Cable TV, Electric, Fuel, Trash
  • Type of Tenancy: One Year Lease

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2013
Closed on
May 1, 2014
Sold by
Benjamin M Benjamin M and Jensen Amanda
Bought by
Mathiowetz Dustin
Seller's Agent
Jeff Kaul
CENTURY 21 ATWOOD
Buyer's Agent
Mary Henle
New Ulm Real Estate LLC
List Price
$149,995
Sold Price
$127,500
Premium/Discount to List
-$22,495
-15%
Current Estimated Value
$259,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,185
Avg. Annual Appreciation
6.35%
Original Mortgage
$102,000
Outstanding Balance
$79,080
Interest Rate
4.41%
Mortgage Type
Commercial
Estimated Equity
$178,434
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Mathiowetz Dustin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathiowetz Dustin $102,000
Previous Owner Jensen Benjamin M $89,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2016 12/05/16 Sold $129,500 -7.4% $33 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $139,900 +9.7% $36 / Sq Ft
05/01/2014 05/01/14 Sold $127,500 -15.0% $33 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
08/20/2013 08/20/13 For Sale $149,995 -- $38 / 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 $2,882 $207,900 $31,500 $176,400
2023 $2,882 $202,000 $31,500 $170,500
2022 $2,248 $173,000 $27,400 $145,600
2021 $2,187 $153,300 $27,400 $125,900
2020 $2,143 $151,200 $27,400 $123,800
2019 $2,102 $147,800 $27,400 $120,400
2018 $2,146 $147,500 $27,400 $120,100
2017 $2,546 $130,100 $27,400 $102,700
2016 $2,872 $120,780 $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 2016

    Lisa Besemer

    New Ulm Real Estate LLC

    (507) 766-1991

    246 in this area

    303 Total Sales

    Lisa Besemer
    Section Image
  • Christa Wolner

    Buyer's Agent in 2016

    Christa Wolner

    Connect Real Estate Group

    (507) 327-6300

    93 Total Sales

    Christa Wolner
    Section Image
  • Jeff Kaul

    Seller's Agent in 2014

    Jeff Kaul

    CENTURY 21 ATWOOD

    (507) 381-1133

    121 in this area

    391 Total Sales

    Jeff Kaul
    Section Image
  • Mary Henle

    Buyer's Agent in 2014

    Mary Henle

    New Ulm Real Estate LLC

    (507) 276-0517

    178 in this area

    212 Total Sales

    Mary Henle
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7010971

REALTOR® Association of Southern Minnesota

APN: 00100207106060

Minnesota Brown County New Ulm 56073

522 S Minnesota St, New Ulm, MN

This home is located at 522 S Minnesota St, New Ulm, MN 56073 since 22 March 2016 and is currently estimated at $259,685, approximately $66 per square foot. This property was built in 1870. 522 S 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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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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