NOT LISTED FOR SALE

7773 187th Ave NE New London, MN 56273

Estimated Value: $506,000 - $656,000

5 Beds
3.5 Baths
4,023 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $480,000 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,278/month

28 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Radiant Floor
  • No HOA
  • Prairie Woods Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • Sitting Room

About This Home

As of August 2023

Enjoy stunning views of the Crow River in this 5 Br, 4 Ba home on the edge of New London. Primary suite is located on the main floor along with the kitchen, dining, living, and laundry room...most rooms have views of the water! Upstairs features 3 bedrooms, 1 full bathroom, and a sitting area. Lower level walkout includes 1 more bedroom, full bath, and a large family room. Attached 2 stall garage and the backyard has plenty of trees for privacy and access to the Crow River. Easy access the the State trail, Neer Park, schools, churches, and downtown shops and restaurants. Call for a private showing!

Last Agent to Sell the Property

Earl Rich

New London Real Estate, Inc. Listed on: 05/23/2023

Last Buyer's Agent

JaLanny Vikse

Jane Vikse Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 2004

Lot Details

  • 0.55 Acre Lot
  • 80 Feet of Waterfront
  • River Front
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Radiant Floor
  • Washer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic System

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • No Home Owners Association
  • Petersons Crow River View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 277500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,122

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 2549
  • Water Body Name: Crow River - Middle Fork
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas
  • Living Area: 4023
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1474
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Sitting Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: River
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio
  • Lake Bottom: Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 80

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 175,172,
  • Lot Size Sq Ft: 23914.44
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 277500020
  • Tax Annual Amount: 4122
  • TaxWithAssessments: 4122.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2023
Closed on
Aug 11, 2023
Sold by
Peterson Timm
Bought by
Monson Benjamin and Monson Nicole
Seller's Agent
Earl Rich
New London Real Estate, Inc.
Buyer's Agent
JaLanny Vikse
Jane Vikse Real Estate
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%
Views
71
Current Estimated Value
$555,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,160
Avg. Annual Appreciation
6.65%
Original Mortgage
$480,000
Outstanding Balance
$468,857
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$86,303

Purchase Details

Closed on
Oct 26, 2009
Sold by
Peterson Timm R and Bakke Allison K
Bought by
Peterson Timm R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Monson Benjamin $480,000 --
Peterson Timm R -- Stewart Title Of Minnesota I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monson Benjamin $480,000
Previous Owner Peterson Timm R $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $480,000 -8.6% $119 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $525,000 -- $130 / Sq Ft
Source: NorthstarMLS

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 $4,300 $509,600 $34,100 $475,500
2024 $4,400 $403,000 $34,000 $369,000
2023 $4,146 $407,100 $34,000 $373,100
2022 $4,122 $389,200 $34,000 $355,200
2021 $3,460 $333,400 $34,000 $299,400
2020 $3,374 $308,300 $34,000 $274,300
2019 $3,234 $302,600 $34,000 $268,600
2018 $3,042 $289,200 $34,000 $255,200
2017 $2,928 $281,300 $34,000 $247,300
2016 $2,860 $2,631 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6372449

NorthstarMLS

APN: 27-750-0020