$141,000
SOLD AUG 30, 2018

705 S Payne St New Ulm, MN 56073

3 Beds
1.5 Baths
1,880 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

5 Days on Market

Highlights

  • Open Floorplan
  • 2 Car Detached Garage
  • Patio
  • Wood Flooring
  • Porch
  • Bathroom on Main Level

About This Home

As of August 2018

This home is located at 705 S Payne St, New Ulm, MN 56073 and is currently priced at $141,000, approximately $75 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.

Last Agent to Sell the Property

Lisa Besemer

New Ulm Real Estate LLC Listed on: 07/10/2018

Last Buyer's Agent

Lisa Besemer

New Ulm Real Estate LLC Listed on: 07/10/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Living Room with Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

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

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 001.002.174.13.130

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Hardwood Floors, Washer/Dryer Hookups, Combination Windows (L)
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.19
  • Foundation Size: 1000
  • L V T Date: 08/30/2018
  • Mechanicals: Water Heater-Gas, Water Softener-Owned
  • Parcel Number: 001.002.174.13.130
  • Price Per Square Foot: 65
  • Sold Price Per Sq Ft: 65
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1388
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Dining Room: Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: In Living Room
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • 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: 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: 700
  • Tot Above Grade Sq Ft: 1180
  • Total Fin Square Footage: 1880
  • Total Square Footage: 2180
  • Tot Below Grade Sq Ft: 1000

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • 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
  • Lot/Land Description: Tree Coverage - Light

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
6.85%
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
8.63%
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

    59 in this area

    90 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: 7018926

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 $141,000, approximately $75 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.

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