Seller's Agent in 2021
Lisa Besemer
New Ulm Real Estate LLC
(507) 766-1991
308 Total Sales
60297 402nd Ln New Ulm, MN 56073
Estimated Value: $310,000 - $402,000
4
Beds
3
Baths
1,876
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- 16.22 Acre Lot
- Wood Burning Stove
- Balcony
- Deck
- Workshop
- 5 Car Garage
About This Home
As of February 2021A bit of paradise.........Want tranquility? Want hunting land? Want a slice of heaven? Here you go! This four bedroom home is nestled on a point with nothing but woods around...There is a heated woodworking shed with storage, a large fenced in garden area, a maple syrup cooking shed (and equipment), and another cemented out shed. The house has fantastic views of the ravines. Main floor has open kitchen/dining/living room concept, office, laundry and 3/4 bath. Upper level has three generous bedrooms plus full bath. Basement has family room. All this nestled on 16.22 acres of land at the very end of a country lane....
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,588
Year Built
- 1978
Lot Details
- 16.22 Acre Lot
- Property fronts a private road
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Burning Stove
- Wood Burning Fireplace
- Combination Kitchen and Dining Room
- Workshop
- Range
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Block Basement Construction
Parking
- 5 Car Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Balcony
- Deck
- Storage Shed
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Wood
- Heating System Powered By Leased Propane
- Private Water Source
- Electric Water Heater
- Water Softener is Owned
- Fuel Tank
- Private Sewer
Community Details
- Property is near a ravine
Listing and Financial Details
- Assessor Parcel Number 06.106.2600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2020
Closed on
Feb 26, 2021
Sold by
Schwab Richard and Burford Katehrine
Bought by
Schissel Lee M and Schissel Jill M
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Mary Weller
Coldwell Banker River Valley
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,807
Avg. Annual Appreciation
7.50%
Original Mortgage
$208,000
Outstanding Balance
$187,303
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$171,973
Purchase Details
Closed on
Sep 10, 2018
Sold by
Rademacher Germain P
Bought by
Schwab Richerd and Buford Katherine
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schissel Lee M | $260,000 | Stewart Title | |
| Schwab Richerd | $280,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schissel Lee M | $208,000 | |
| Previous Owner | Schwab Richard J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2021 02/26/21 | Sold | $260,000 | -8.7% | $139 / Sq Ft |
| 12/13/2020 12/13/20 | Pending | -- | -- | -- |
| 11/06/2020 11/06/20 | For Sale | $284,900 | -- | $152 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $2,588 | $321,400 | $125,600 | $195,800 |
| 2024 | $2,708 | $321,400 | $125,600 | $195,800 |
| 2023 | $2,708 | $322,400 | $125,600 | $196,800 |
| 2022 | $2,694 | $289,800 | $125,600 | $164,200 |
| 2021 | $2,970 | $256,800 | $125,600 | $131,200 |
| 2020 | $2,874 | $256,800 | $125,600 | $131,200 |
| 2019 | $2,594 | $256,800 | $125,600 | $131,200 |
| 2018 | $2,626 | $246,000 | $125,600 | $120,400 |
| 2017 | -- | $239,800 | $0 | $0 |
| 2016 | $2,326 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2011 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Mary Weller
Coldwell Banker River Valley
(507) 420-5435
99 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7025755
APN: R-06.106.2600
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