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1226 State Street South

1226 State Street South, New Ulm, MN 56073
Property in New Ulm
Sold Jan 05, 2024
$179,000
$175,757 by United Wholesale Mortgage Llc
Mortgage Due Jan 01, 2054
Sold Apr 23, 2021
$151,900
$149,148 by Fairway Independent Mtg Corp
Mortgage
1226 State Street South in New Ulm, MN was first built in 1907 and is 117 years old. Although, the building on the property was most recently renovated and altered in 1969. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1226 State Street South has 827 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 8,250 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a detached garage. The garage is 912 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of unknown. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1226 State Street South was last sold in Dec 29, 2023 for $179,000. According to our calculations, that's $216.44 per sqft. Prior to that sales transaction, the property was sold for $151,900 in Apr 23, 2021. Current property owners are expected to pay $1,700 in taxes per year. The property on 1226 State Street South was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $129,400. To break that down further, the land itself was valued at $33,400. While improvements to the property were assessed at a total of $96,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1907
  • Effective Year Built: 1969
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: D
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 912
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 827
  • Gross Building Area: 563
  • Building Area: 827
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 827
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH OF CENTER
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH OF CENTER LOT-007 BLOCK-118

Ownership

  • Current Owner : ABRAHAM COLE
  • Current Owner 2: WANGEN CIERRA
  • Previous Owner : GARZA TRICIA M
  • Previous Owner 2: GARZA DANIEL
  • Owner Before Previous Owner: BLACK AUSTIN J
  • Owner Before Previous Owner 2: BLACK ASHLEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: New Ulm Public School District
  • School Tax School District: NEW ULM
  • School Tax District Code 2: ISD 88-NEW ULM
  • Census Tract: 960200

Zoning

  • Zoning: SF

Geography

  • Assessors Map Reference: 1002
  • District: 600
  • Parcel: 001.002.118.07.070
  • Block: 118
  • Lot: 7
  • Municipality: NEW ULM
  • Latitude: 44.2991
  • Longitude: -94.4503

    Address

  • Full Address: 1226 S State St
  • Address - House Number: 1226
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: MN
  • City Name: New Ulm
  • Carrier Code: C002
  • 4-Digit Zip Code: 3509
  • Zip Code: 56073

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,700

    Appraisal Valuation

  • Standard Deviation: 0.0932
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 170,125
  • High Value: 185,983
  • Low Value: 154,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,757
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 05, 2024
  • First Open Lien Mortgage Loan Amount: $175,757
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Market Valuation

  • Market Total Value: $129,400
  • Market Land Value: $33,400
  • Market Improvement Value: $96,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,400
  • Assessed Land Value: $33,400
  • Assessed Improvements Value: $96,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Transaction ID: 11918830100
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 443104
  • Previous Sale Recording Date: Apr 23, 2021
  • Previous Sale Contract Date: Apr 23, 2021
  • Previous Sale Amount: $151,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 05, 2024
  • First Mortgage Loan Amount: $175,757
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • Previous Mortgage Transaction Date: Apr 23, 2021
  • Previous Mortgage Loan Amount: $149,148
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About New Ulm



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1226 State Street South located in?
The 1226 State Street South is a located in the neighborhood of New Ulm in New Ulm, New Ulm.
What is the average sales price for listings in 1226 State Street South?
The average sales price for units in 1226 State Street South is $0 currently.

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