NOT LISTED FOR SALE

720 N German St New Ulm, MN 56073

Estimated Value: $189,000 - $200,000

5 Beds
3 Baths
2,928 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $145,000 $50 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,256/month

23 Days on Market

Highlights

  • Forced Air Heating System
  • New Ulm High School Rated 9+
  • 4-minute walk to Johnson Baseball Park

About This Home

As of August 2021

Investment opportunity with great cashflow! Three units, 2- two bedroom and 1- one bedroom. Come see it today!

Last Agent to Sell the Property

Eric Bode

BOCO REAL ESTATE INC. Listed on: 06/23/2021

Last Buyer's Agent

Jolinda Grabianowski

TRUE REAL ESTATE License #40706370

TRUE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,794

Year Built

  • 1939

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Few Trees

Home Design

  • Triplex
  • Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 2,928 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for broadband, cable TV
  • The owner pays for electric, fuel, lawn, snow, trash, water/sewer
  • Assessor Parcel Number 00100103309070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,794

Year Built

1939

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Style: Triplex
  • Construction: Previously Owned
  • Foundation Size: 1200
  • L V T Date: 06/23/2021
  • Mechanicals: Water Heater - Gas
  • Parcel Number: 00100103309070
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Estimated Number of Acres: 0.2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1939

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1928
  • Total Fin Square Footage: 2928
  • Total Square Footage: 1928
  • Below Grade Finished Sq Ft: 1000

Exterior Features

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

Utilities

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

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Paved Streets
  • Estimated Lot Dimensions: 50x165

Rental Info

  • Owner Expense: Electric, Fuel, Lawn, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 13, 2021
Sold by
Burdorf Jesse D and Burdorf Chelsea H
Bought by
Bauer Kent A
Seller's Agent
Eric Bode
BOCO REAL ESTATE INC.
Buyer's Agent
Jolinda Grabianowski
TRUE REAL ESTATE
List Price
$159,900
Sold Price
$145,000
Premium/Discount to List
-$14,900
-9.32%
Current Estimated Value
$193,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,766
Avg. Annual Appreciation
7.01%
Source: Public Records

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 Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bauer Kent A $145,000 None Available
Bauer Kent Kent $145,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2021 08/16/21 Sold $145,000 -9.3% $50 / Sq Ft
06/23/2021 06/23/21 For Sale $159,900 -- $55 / 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 $2,794 $123,200 $31,500 $91,700
2023 $2,794 $118,600 $31,500 $87,100
2022 $1,566 $94,400 $27,400 $67,000
2021 $1,504 $76,200 $27,400 $48,800
2020 $1,492 $74,300 $27,400 $46,900
2019 $1,464 $73,300 $27,400 $45,900
2018 $2,026 $73,100 $27,400 $45,700
2017 $1,872 $95,400 $27,400 $68,000
2016 $1,884 $89,199 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Bode

    Seller's Agent in 2021

    Eric Bode

    BOCO REAL ESTATE INC.

    (507) 276-2327

    69 in this area

    94 Total Sales

    Eric Bode
    Section Image

  • J

    Buyer's Agent in 2021

    Jolinda Grabianowski

    TRUE REAL ESTATE

    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027380

REALTOR® Association of Southern Minnesota

APN: 00100103309070

Minnesota Brown County New Ulm 56073

720 N German St, New Ulm, MN

Not Listed for Sale

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.

Nearby Homes