NOT LISTED FOR SALE

60296 402nd Ln New Ulm, MN 56073

Estimated Value: $319,000 - $414,000

4 Beds
2 Baths
1,862 Sq Ft
$200/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $236,000 $127 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,254/month

71 Days on Market

Highlights

  • 22.14 Acre Lot
  • Wood Burning Stove
  • Workshop
  • Deck
  • Pole Barn
  • 2 Car Attached Garage

About This Home

As of November 2014

This home is located at 60296 402nd Ln, New Ulm, MN 56073 since 02 June 2014 and is currently estimated at $372,481, approximately $200 per square foot. This property was built in 1977. 60296 402nd Ln is a home located in Nicollet County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Last Agent to Sell the Property

Matt Mages

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 06/02/2014

Last Buyer's Agent

Matt Mages

MAGES LAND COMPANY & AUCTION SERVIC Listed on: 06/02/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,378

Year Built

  • 1977

Lot Details

  • 22.14 Acre Lot
  • Property fronts a county road
  • Landscaped
  • Unpaved Streets
  • Many Trees

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Wood Burning Stove
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Pole Barn

Farming

  • 1 Acre of Pasture
  • Hobby or Recreation Farm

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 06.106.2500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,378

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Washer/Dryer Hookups, Smoke Alarms (L)
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 22.14
  • Estimated Pasture Acres: 1
  • Estimated Wooded Acres: 21.14
  • Assessment Balance: 21
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1064
  • Hobby Farm: Yes
  • Mechanicals: Water Filtration System, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 06.106.2500
  • Sold Price Per Sq Ft: 127
  • Stories: Bi-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 1610
  • Special Features: Auction
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Kitchen, On Level: Main
  • Room 2: Living Room, On Level: Main
  • Room 3: Bathroom, On Level: Main
  • Room 4: Bathroom, On Level: Main
  • Room 5: Bathroom, On Level: Main
  • Room 6: Family Room, On Level: Lower
  • Room 7: On Level: Lower
  • Room 8: Bedroom, On Level: Lower
  • Room 9: Laundry Room, On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1064
  • Below Grade Finished Sq Ft: 798
  • Tot Above Grade Sq Ft: 1064
  • Total Fin Square Footage: 1862
  • Total Square Footage: 1862
  • Tot Below Grade Sq Ft: 798

Exterior Features

  • Frontage Road: County, Unpaved
  • Construction Type: Concrete Block
  • Exterior: Wood
  • Out Buildings: Pole Building, Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard, Wood Stove
  • Sewer: Private
  • Water: Private

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 22.14
  • Lot/Land Description: Landscaped, Ravine, Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2018
Sold by
Redemacher Germain P
Bought by
Schmit Allen and Schmit Renee S
Current Estimated Value
$375,645

Purchase Details

Listed on
Jun 2, 2014
Closed on
Nov 12, 2014
Sold by
Rademacher Elaine Elaine
Bought by
Schmit Allen Allen
Seller's Agent
Matt Mages
MAGES LAND COMPANY & AUCTION SERVIC
Buyer's Agent
Matt Mages
MAGES LAND COMPANY & AUCTION SERVIC
List Price
$236,000
Sold Price
$236,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$224,200
Interest Rate
4.02%
Source: Public Records

Range of Values:

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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
Schmit Allen -- None Available
Schmit Allen Allen $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmit Allen Allen $224,200
Previous Owner Schmit Allen $200,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2014 11/12/14 Sold $236,000 0.0% $127 / Sq Ft
08/12/2014 08/12/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $236,000 -- $127 / 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
2025 $2,378 $349,800 $141,700 $208,100
2024 $2,884 $293,000 $141,700 $151,300
2023 $2,836 $346,800 $141,700 $205,100
2022 $2,978 $304,600 $141,700 $162,900
2021 $3,144 $280,700 $141,700 $139,000
2020 $3,038 $280,700 $141,700 $139,000
2019 $2,872 $280,700 $141,700 $139,000
2018 $2,916 $268,600 $141,700 $126,900
2017 -- $262,300 $0 $0
2016 $2,606 $0 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7005677

REALTOR® Association of Southern Minnesota

APN: R-06.106.2500