627 627 Summit Ave New Ulm, MN 56073
Estimated Value: $716,000 - $785,816
5
Beds
4
Baths
6,206
Sq Ft
$120/Sq Ft
Est. Value
Highlights
- Heated Floors
- Deck
- Vaulted Ceiling
- 2.37 Acre Lot
- Multiple Fireplaces
- Outdoor Water Feature
About This Home
As of September 2023Welcome to this stunning 5-bedroom, 4-bathroom home in the charming town of New Ulm, MN! This French Normandy style home sits on a 2.37-acre lot (additional land available) with a stunning outdoor space that offers the perfect blend of natural beauty and man-made features. With its winding pathways, charming bridge, inviting gazebo, and a spacious terrace to enjoy entertaining your friends and family on, or just to sit back, relax and take in all the nature around you. Inside, you will be amazed at the great detail throughout this home. From its grand foyer with open staircase, to the 3 large living spaces that offer so many great areas to enjoy, from hosting a movie night, or just enjoying a cocktail in the large media room with a separate wet bar area. The 2nd floor hosts 4 of the 5 bedrooms, which include a large suite with full bath and dressing area, 2 other bedrooms, and an area that offers a beautiful option for a mother-law suite with a lovely bathroom and private entry. On the main floor you have a formal living room with fireplace, a large den, formal dining room and even your own breakfast nook. The updated kitchen offers granite counter tops, built-in appliances, and custom cabinetry with an amazing rollout pantry. The great room was recently added, and offers another fireplace, in floor heat and 2 separate patio doors that can take you to the terrace, or out to the patio area to grill! This is a very unique and grand home that has been in the family for 70 years, so the time has come to find a new owner who can enjoy it, and call it home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,126
Year Built
- Built in 1938
Lot Details
- 2.37 Acre Lot
- Partially Fenced Property
- Landscaped
- Sprinkler System
Home Design
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Active Radon Mitigation
- Stucco Exterior
- Stone Exterior Construction
Interior Spaces
- 2-Story Property
- Wet Bar
- Woodwork
- Vaulted Ceiling
- Ceiling Fan
- Multiple Fireplaces
- Window Treatments
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- In-Law or Guest Suite
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Window Egress
Home Security
- Home Security System
- Intercom
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Outdoor Features
- Balcony
- Deck
- Patio
- Outdoor Water Feature
- Gazebo
Utilities
- Central Air
- Cooling System Mounted In Outer Wall Opening
- Space Heater
- Boiler Heating System
- Underground Utilities
- Gas Water Heater
- Water Softener is Owned
- High Speed Internet
Community Details
- Property is near a ravine
Listing and Financial Details
- Assessor Parcel Number 00171000004020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2023
Closed on
Sep 25, 2023
Sold by
Robert N Dempsey Trust
Bought by
Lesch William C and Lesch Jane A
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Stephanie Meyer
TRUE REAL ESTATE
List Price
$995,000
Sold Price
$800,000
Premium/Discount to List
-$195,000
-19.6%
Total Days on Market
68
Views
1108
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
-$55,395
Avg. Annual Appreciation
-4.71%
Similar Homes in New Ulm, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lesch William C | $800,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/25/2023 09/25/23 | Sold | $800,000 | -19.6% | $129 / Sq Ft |
| 07/05/2023 07/05/23 | Pending | -- | -- | -- |
| 05/11/2023 05/11/23 | For Sale | $995,000 | +24.4% | $160 / Sq Ft |
| 04/28/2023 04/28/23 | Off Market | $800,000 | -- | -- |
| 04/28/2023 04/28/23 | For Sale | $995,000 | +24.4% | $160 / Sq Ft |
| 04/15/2023 04/15/23 | Off Market | $800,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $10,052 | $669,400 | $158,400 | $511,000 |
| 2023 | $10,052 | $641,100 | $132,800 | $508,300 |
| 2022 | $8,986 | $573,000 | $115,400 | $457,600 |
| 2021 | $8,738 | $526,200 | $115,400 | $410,800 |
| 2020 | $8,522 | $519,400 | $115,400 | $404,000 |
| 2019 | $8,358 | $506,000 | $101,800 | $404,200 |
| 2018 | $8,178 | $504,700 | $101,800 | $402,900 |
| 2017 | $7,806 | $481,900 | $101,800 | $380,100 |
| 2016 | $7,678 | $453,915 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Henle
Seller's Agent in 2023
Mary Henle
New Ulm Real Estate LLC
(507) 276-0517
196 in this area
235 Total Sales
-
Stephanie Meyer
Buyer's Agent in 2023
Stephanie Meyer
TRUE REAL ESTATE
(507) 217-1367
97 in this area
112 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7032048
APN: 00171000004020
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