NOT LISTED FOR SALE

701 701 N Payne New Ulm, MN 56073

Estimated Value: $104,000 - $126,000

2 Beds
1 Bath
882 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $101,000 $115 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $689/month

7 Days on Market

Highlights

  • Open Floorplan
  • Porch
  • Woodwork
  • Corner Lot
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

A little TLC will go a long way in this 2 bedroom, one bath home situated on a corner, half-lot. The large rooms and formal dining room offer room for you or guests! The three season porch is an added bonus! Call today to schedule your appointment to see this home!

Last Listed By

Brenda Nosbush

BOCO REAL ESTATE INC. License #20137088 Listed on: 01/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,248

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 82
  • Corner Lot
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 882 Sq Ft Home
  • Open Floorplan
  • Woodwork
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00100118901010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,248

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.1
  • Construction: Previously Owned
  • Foundation Size: 588
  • L V T Date: 01/02/2024
  • Mechanicals: Water Heater-Electric, Water Softener-None, Circuit Breaker
  • Parcel Number: 00100118901010
  • Price Per Square Foot: 71
  • Projected Closed Date: 02/08/2024
  • Rental License: Yes
  • Sold Price Per Sq Ft: 69
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1248
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room, Open Floor Plan
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Kitchen, 13.6x13.2, On Level: Main
  • Room 2: Dining Room, 10x11.5, On Level: Main
  • Room 3: Living Room, 15.6x13.3, On Level: Main
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 882
  • Tot Above Grade Sq Ft: 882
  • Total Fin Square Footage: 882
  • Total Square Footage: 1470
  • Tot Below Grade Sq Ft: 588

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl, Wood
  • Roof: Asphalt Shingles

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50 x 82
  • Lot/Land Description: Corner Lot, Tree Coverage - Light, Paved Streets

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2023
  • Tax Value: 1248

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Feb 8, 2024
Sold by
Kral Rosemary
Bought by
Volk Gunner
Seller's Agent
Brenda Nosbush
BOCO REAL ESTATE INC.
Buyer's Agent
JOSEPH MAIDL
MAGES LAND COMPANY & AUCTION SERVIC
List Price
$104,900
Sold Price
$101,000
Premium/Discount to List
-$3,900
-3.72%
Total Days on Market
7
Views
35
Current Estimated Value
$110,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,891
Avg. Annual Appreciation
7.83%
Original Mortgage
$95,950
Outstanding Balance
$94,718
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$16,173

Purchase Details

Closed on
Apr 2, 2014
Sold by
Kral Dennis Dennis
Bought by
Kral Rosemary Rosemary

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
Volk Gunner $101,000 --
Kral Rosemary Rosemary $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volk Gunner $95,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $101,000 -3.7% $115 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $104,900 -- $119 / 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 $884 $90,400 $29,000 $61,400
2023 $884 $88,700 $29,000 $59,700
2022 $1,148 $78,300 $25,200 $53,100
2021 $1,134 $67,900 $25,200 $42,700
2020 $1,058 $67,900 $25,200 $42,700
2019 $676 $63,000 $24,500 $38,500
2018 $678 $61,800 $24,500 $37,300
2017 $614 $57,000 $24,500 $32,500
2016 $646 $54,648 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brenda Nosbush

    Seller's Agent in 2024

    Brenda Nosbush

    BOCO REAL ESTATE INC.

    (507) 276-5866

    92 Total Sales

    Brenda Nosbush
    Section Image

  • J

    Buyer's Agent in 2024

    JOSEPH MAIDL

    MAGES LAND COMPANY & AUCTION SERVIC

    (507) 276-7749

    33 Total Sales

    JOSEPH MAIDL
    Section Image
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Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7034031

REALTOR® Association of Southern Minnesota

APN: 00100118901010

Minnesota Brown County New Ulm 56073

701 701 N Payne, New Ulm, MN

Homes for Sale in New Ulm, MN

This home is located at 701 701 N Payne, New Ulm, MN 56073 since 02 January 2024 and is currently estimated at $110,891, approximately $125 per square foot. This property was built in 1920. 701 701 N Payne is a home located in Brown County with nearby schools including Washington Elementary School, Jefferson Elementary School, and New Ulm High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.