8162 198th Ave NE New London, MN 56273
Estimated Value: $431,000 - $619,800
--
Bed
1
Bath
1,971
Sq Ft
$279/Sq Ft
Est. Value
About This Home
This home is located at 8162 198th Ave NE, New London, MN 56273 and is currently estimated at $550,600, approximately $279 per square foot. 8162 198th Ave NE is a home with nearby schools including Prairie Woods Elementary School, New London-Spicer Middle School, and New London-Spicer Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 10, 2018
Sold by
Thorpe Jim and Thorpe Pam
Bought by
Thorpe James D and Thorpe Pamela A
Current Estimated Value
Purchase Details
Closed on
Dec 9, 2017
Sold by
Eichelberger Roger and Eichelberger Joann
Bought by
Thorpe Jim and Thorpe Pam
Purchase Details
Closed on
Apr 27, 2012
Sold by
Seipel Richard A and Seipel Tamara L
Bought by
Eichelberger Roger and Eichelberger Joann
Purchase Details
Closed on
Jul 9, 2007
Sold by
Seipel Richard A and Seipel Tamara L
Bought by
Schmitz William J and Schmitz Barbara K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.42%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 5, 2007
Sold by
Seipel Richard A and Seipel Tamara L
Bought by
Nesburg James and Nesburg Jean
Purchase Details
Closed on
Jul 14, 2006
Sold by
Wordes Gloria
Bought by
Seipel Richard A and Seipel Tamara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,025
Interest Rate
6.73%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thorpe James D | -- | Quality Title | |
| Thorpe Jim | $56,000 | Quality Title | |
| Eichelberger Roger | $60,000 | Stewart Title Of Minnesota I | |
| Schmitz William J | $100,000 | None Available | |
| Nesburg James | $39,000 | None Available | |
| Seipel Richard A | $127,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schmitz William J | $331,500 | |
| Previous Owner | Seipel Richard A | $100,025 |
Source: Public Records
Tax History Compared to Growth
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 | $5,560 | $540,000 | $70,300 | $469,700 |
| 2024 | $5,208 | $510,200 | $60,600 | $449,600 |
| 2023 | $4,750 | $482,100 | $59,800 | $422,300 |
| 2022 | $4,546 | $444,500 | $59,800 | $384,700 |
| 2021 | $3,958 | $365,200 | $55,700 | $309,500 |
| 2020 | $2,360 | $348,800 | $55,200 | $293,600 |
| 2019 | $134 | $219,600 | $47,600 | $172,000 |
| 2018 | $130 | $12,500 | $12,500 | $0 |
| 2017 | $128 | $12,500 | $12,500 | $0 |
| 2016 | $126 | $125 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Map
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