NOT LISTED FOR SALE

7390 7th Ave New Auburn, MN 55366

-- Bed
-- Bath
-- Sq Ft
0.65 Acres

About This Home

This home is located at 7390 7th Ave, New Auburn, MN 55366. 7390 7th Ave is a home located in Sibley County with nearby schools including Lincoln Elementary School, Lakeside Elementary School, and Glencoe-Silver Lake Jr. High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Patel Group Llc
Bought by
Farmers Co-Operative Oil Company Of Renville

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2025
Sold by
Patel Group Llc
Bought by
Bkc Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,525,000
Outstanding Balance
$8,657,896
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 29, 2019
Sold by
United Farmers Coop
Bought by
Patel Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 1, 2016

Purchase Details

Closed on
Feb 20, 2014
Bought by
Brownton Co-Op Ag Center
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Farmers Co-Operative Oil Company Of Renville $2,983,936 Land Title Inc
Farmers Co-Operative Oil Company Of Renville $2,983,936 Land Title Inc
Bkc Estates Llc $500 None Listed On Document
Bkc Estates Llc $500 None Listed On Document
Patel Group Llc $35,000 Land Title Corp
-- $61,600 --
Brownton Co-Op Ag Center -- --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farmers Co-Operative Oil Company Of Renville $9,525,000
Closed Farmers Co-Operative Oil Company Of Renville $9,525,000
Previous Owner Patel Group Llc $2,480,000
Source: Public Records

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
2025 $2,544 $91,900 $18,500 $73,400
2024 $2,544 $95,900 $18,500 $77,400
2023 $2,758 $95,000 $18,500 $76,500
2022 $3,796 $88,500 $18,500 $70,000
2021 $3,932 $86,200 $17,000 $69,200
2020 $4,000 $86,200 $17,000 $69,200
2019 $3,714 $86,700 $0 $0
2018 $3,528 $78,800 $0 $0
2017 $4,702 $78,800 $0 $0
2016 $4,810 $75,000 $0 $0
2015 $4,646 $0 $0 $0
2014 $4,316 $0 $0 $0
Source: Public Records

Map

Minnesota Sibley County New Auburn 55336

7390 7th Ave, New Auburn, MN

This home is located at 7390 7th Ave, New Auburn, MN 55366. 7390 7th Ave is a home located in Sibley County with nearby schools including Lincoln Elementary School, Lakeside Elementary School, and Glencoe-Silver Lake Jr. 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.

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