$127,500
SOLD MAY 1, 2014

522 S Minnesota St New Ulm, MN 56073

5 Beds
2 Baths
3,906 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$33 Per Sq Ft

15% Below List Price

225 Days on Market

Highlights

  • Deck
  • 2 Car 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

This home is located at 522 S Minnesota St, New Ulm, MN 56073 and is currently priced at $127,500, approximately $32 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.

Last Agent to Sell the Property

Jeff Kaul

CENTURY 21 ATWOOD License #003236510 Listed on: 08/20/2013

CENTURY 21 ATWOOD

Last Buyer's Agent

Mary Henle

New Ulm Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1870

Parking

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

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Aluminum Siding

Interior Spaces

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

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 50 x 165
  • Ground Level

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 001.002.071.06.060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,317

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Style: Duplex - Up & Down
  • Assessment Balance: 398.86
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1302
  • Mechanicals: Water Heater - Gas, Water Softner - Owned
  • Parcel Number: 001.002.071.06.060
  • Price Per Square Foot: 32.64
  • Projected Closed Date: 05/01/2014
  • Rental License: Yes
  • Stories: 2 Story
  • Taxes With Assessments: 2782
  • Zoning: S/2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Range/Stove, Washer
  • Total Bedrooms: 5
  • Total Bathrooms: 2
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3906
  • Total Square Footage: 3906

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Roof: Metal
  • Exterior Amenities: Deck, Driveway - Gravel

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50 x 165

Rental Info

  • Type of Tenancy: One Year Lease

Building Info

  • Year Built: 1870

Tax Info

  • Year: 2013
  • Tax Value: 2317.14

MLS Schools

  • School District: New Ulm #88

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
$263,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,260
Avg. Annual Appreciation
6.22%
Original Mortgage
$102,000
Outstanding Balance
$79,080
Interest Rate
4.41%
Mortgage Type
Commercial
Estimated Equity
$173,539
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 Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $102,000 Commercial
Previous Owner $89,200 Stand Alone Refi Refinance Of Original Loan
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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7003439

REALTOR® Association of Southern Minnesota

APN: 00100207106060