$96,500
SOLD SEP 30, 2016

705 S Payne St New Ulm, MN 56073

3 Beds
2 Baths
1,680 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

12% Below List Price

44 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Porch
  • Patio
  • Property is near a preserve or public land

About This Home

As of August 2018

Incredible home in a great location!! This beauty includes 3 bedrooms, 2 baths, large 3 season porch, some new flooring and detached 2 stall garage!!

Last Agent to Sell the Property

Mary Henle

New Ulm Real Estate LLC Listed on: 07/08/2016

Last Buyer's Agent

Brenda Nosbush

BOCO REAL ESTATE INC. License #20137088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 50x165

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Porch

Utilities

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

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 001.002.174.13.130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Patio, Porch
  • Foundation Size: 1000
  • L V T Date: 07/10/2016
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.002.174.13.130
  • Price Per Square Foot: 46
  • Projected Closed Date: 09/30/2016
  • Property Adjoins Public Land: Yes
  • Sold Price Per Sq Ft: 44
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1402
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Kitchen, 10x15, On Level: Main
  • Room 3: Mud Room, 10x4, On Level: Main
  • Room 4: Bedroom, 10x11, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: 3 Season Porch, 18x10, On Level: Main
  • Room 7: 12x26, On Level: Upper
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1180
  • Below Grade Finished Sq Ft: 500
  • Tot Above Grade Sq Ft: 1180
  • Total Fin Square Footage: 1680
  • Total Square Footage: 2180
  • Tot Below Grade Sq Ft: 1000

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: New Ulm #88

Lot Info

  • Estimated Lot Dimensions: 50x165

Building Info

  • Year Built: 1956

Tax Info

  • Year: 2016
  • Tax Value: 1402

MLS Schools

  • School District: New Ulm #88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 30, 2018
Sold by
Cihak Kenneth D and Cihak Cynthia I
Bought by
Andrews Amanda and Andrews Thomas
Seller's Agent
Lisa Besemer
New Ulm Real Estate LLC
Buyer's Agent
Lisa Besemer
New Ulm Real Estate LLC
List Price
$141,000
Sold Price
$141,000
Current Estimated Value
$232,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,415
Avg. Annual Appreciation
6.87%
Original Mortgage
$126,900
Outstanding Balance
$111,793
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$110,973

Purchase Details

Closed on
Sep 7, 2017
Sold by
Dreyer Steven Larry
Bought by
South Point Financial Credit Union

Purchase Details

Listed on
Jun 26, 2014
Closed on
Aug 8, 2014
Sold by
Diane Diane and Breu Leonard
Bought by
Portner Jamie R
Seller's Agent
Mary Henle
New Ulm Real Estate LLC
Buyer's Agent
Stephanie Meyer
TRUE REAL ESTATE
List Price
$108,800
Sold Price
$90,000
Premium/Discount to List
-$18,800
-17.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$81,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $141,000 None Available
Personal Reps Deed -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,900 New Conventional
Previous Owner $81,000 New Conventional
Previous Owner $172,500 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $141,000 0.0% $75 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $141,000 +80.8% $75 / Sq Ft
03/01/2018 03/01/18 Sold $78,000 -13.2% $66 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $89,900 -6.8% $76 / Sq Ft
09/30/2016 09/30/16 Sold $96,500 -12.2% $57 / Sq Ft
08/21/2016 08/21/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $109,900 +22.1% $65 / Sq Ft
08/15/2014 08/15/14 Sold $90,000 -17.3% $54 / Sq Ft
07/16/2014 07/16/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $108,800 -- $65 / 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 $2,608 $185,100 $39,500 $145,600
2023 $2,608 $179,300 $39,500 $139,800
2022 $2,014 $161,400 $34,400 $127,000
2021 $1,878 $140,500 $34,400 $106,100
2020 $1,728 $134,000 $34,400 $99,600
2019 $1,500 $124,900 $32,400 $92,500
2018 $1,388 $113,600 $32,400 $81,200
2017 $1,282 $103,300 $32,400 $70,900
2016 $1,402 $104,247 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Besemer

    Seller's Agent in 2018

    Lisa Besemer

    New Ulm Real Estate LLC

    (507) 766-1991

    255 in this area

    311 Total Sales

    Lisa Besemer
    Section Image
  • Mary Henle

    Seller's Agent in 2016

    Mary Henle

    New Ulm Real Estate LLC

    (507) 276-0517

    194 in this area

    233 Total Sales

    Mary Henle
    Section Image
  • Brenda Nosbush

    Buyer's Agent in 2016

    Brenda Nosbush

    BOCO REAL ESTATE INC.

    (507) 276-5866

    61 in this area

    92 Total Sales

    Brenda Nosbush
    Section Image
  • Stephanie Meyer

    Buyer's Agent in 2014

    Stephanie Meyer

    TRUE REAL ESTATE

    (507) 217-1367

    96 in this area

    112 Total Sales

    Stephanie Meyer
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7012204

REALTOR® Association of Southern Minnesota

APN: 00100217413130

Minnesota Brown County New Ulm 56073

705 S Payne St, New Ulm, MN

This home is located at 705 S Payne St, New Ulm, MN 56073 and is currently priced at $96,500, approximately $57 per square foot. This property was built in 1956. 705 S Payne St 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.

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