NOT LISTED FOR SALE

702 S Payne St New Ulm, MN 56073

New Ulm Area

Estimated Value: $202,000 - $207,039

3 Beds
1.5 Baths
1,636 Sq Ft
$125/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2026

Last sale price $206,000 $126 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,292 / mo

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Bathroom on Main Level
  • New Ulm High School Rated 9+
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of June 2026

Conveniently located within walking distance to schools, this home offers comfortable main floor living with three bedrooms, a full bath, kitchen, and living room. The basement features a custom-built sewing area, spacious rec room with bar and built-ins, a den/office, and ample storage. Outside, enjoy a nice patio and a 21⁄2-stall garage just steps from the house.

Last Agent to Sell the Property

Lisa Besemer

New Ulm Real Estate LLC Listed on: 04/19/2026

Last Buyer's Agent

Lisa Larson

BOCO REAL ESTATE INC. License #40052598

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1959

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 67x121
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00190000107070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1959

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener, Washer/Dryer Hookups, Combination Windows (L)
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.19
  • Foundation Size: 936
  • L V T Date: 04/20/2026
  • Mechanicals: Water Heater-Gas, Water Softener-Owned, Fuses
  • Parcel Number: 00190000107070
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 13'7"x8'11", On Level: Main
  • Room 2: Living Room, 13'6"x15'8", On Level: Main
  • Room 3: Bedroom, 10'3"x8'10", On Level: Main
  • Room 4: Bedroom, 8'11"x12'3", On Level: Main
  • Room 5: Bedroom, 8'11"x12'4", On Level: Main
  • Room 6: Rec Room, 11'3"x24'10", On Level: Basement
  • Room 7: 11'5"x9'8", On Level: Basement
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 936
  • Below Grade Finished Sq Ft: 700
  • Tot Above Grade Sq Ft: 936
  • Total Fin Square Footage: 1636
  • Total Square Footage: 1872
  • Tot Below Grade Sq Ft: 936

Exterior Features

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

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 67x121
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets

Building Info

  • Year Built: 1959

Tax Info

  • Year: 2026
  • Tax Value: 1938

MLS Schools

  • School District: New Ulm #88

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2026
Closed on
Jun 1, 2026
Sold by
Marie Anfang
Bought by
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Larson
BOCO REAL ESTATE INC.
List Price
$194,900
Sold Price
$206,000
Premium/Discount to List
$11,100
5.7%
Views
35
Current Estimated Value
$204,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,240
Avg. Annual Appreciation
-2.30%
Original Mortgage
$164,800
Outstanding Balance
$162,456
Interest Rate
6.3%
Mortgage Type
Balloon
Estimated Equity
$42,304
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in New Ulm, MN

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$40,948 None Listed On Document
Melby Amber $165,051 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $164,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 Sold $206,000 +5.7% $126 / Sq Ft
04/22/2026 04/22/26 Pending -- -- --
04/19/2026 04/19/26 For Sale $194,900 -- $119 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,938 $159,400 $38,800 $120,600
2024 $1,890 $158,100 $38,800 $119,300
2023 $1,782 $149,600 $38,800 $110,800
2022 $1,512 $133,400 $33,800 $99,600
2021 $1,446 $112,900 $33,800 $79,100
2020 $1,326 $109,900 $33,800 $76,100
2019 $1,280 $102,700 $31,900 $70,800
2018 $1,184 $101,200 $31,900 $69,300
2017 $1,082 $92,100 $31,900 $60,200
2016 $1,104 $87,813 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7040004

REALTOR® Association of Southern Minnesota

APN: 00190000107070

Your Personal Tour Guide

Ask me questions while you tour the home.