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401 Broadway Avenue North

401 Broadway Avenue North, New Richland, MN 56072
Property in New Richland
Sold May 22, 2017
$48,900
$48,900
Mortgage
Sold May 22, 2017
$48,900
$48,900
Mortgage
401 Broadway Avenue North has been categorized by the local assessors in New Richland, MN as a residential type of property. The building on the property was first built in 1910 and is 114 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 401 Broadway Avenue North has 911 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 440 sqft. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 401 Broadway Avenue North sold most recently in May 22, 2017 for a total of $48,900. If you work out the math, that's approximately a cost of $53.68 per sqft. Before that, the property was also sold for $48,900 in May 22, 2017. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,694 in taxes each year. 401 Broadway Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $99,100. If we break it down further, the land itself was valued at $11,300. Improvements to the property, however, were assessed at a total of $87,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Colonial
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 911
  • Gross Building Area: 911
  • Building Area: 911
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL PLAT
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIGINAL PLAT LOTS 11 & 12 BLK 2

Ownership

  • Current Owner : NASER JACOB T
  • Previous Owner : POSSIN JAMES
  • Previous Owner 2: POSSIN CHRISTINE
  • Owner Before Previous Owner: POSSIN JAMES JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: NRHEG School District
  • School Tax School District: 2168
  • Census Tract: 790200

Geography

  • District: 1501
  • Parcel: 15.100.0130
  • Block: 2
  • Lot: 11,12
  • Meridian: SEC 00 TWN 00 RNG 00
  • Municipality: NEW RICHLAND CITY
  • Latitude: 43.8973
  • Longitude: -93.4935

    Address

  • Full Address: 401 Broadway Ave N
  • Address - House Number: 401
  • Street Segment Direction: N
  • Address - Street Name: Broadway
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: New Richland
  • Carrier Code: R777
  • 4-Digit Zip Code: 5700
  • Zip Code: 56072

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,694
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 142,122
  • High Value: 172,081
  • Low Value: 112,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,900
  • First Open Lien Mortgage Recording Date: May 22, 2017
  • First Open Lien Mortgage Loan Amount: $48,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $99,100
  • Market Land Value: $11,300
  • Market Improvement Value: $87,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,100
  • Assessed Land Value: $11,300
  • Assessed Improvements Value: $87,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: May 22, 2017
  • Current Sale Transaction ID: 11612219415
  • Current Sale Price: $48,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: CRV659079
  • Previous Sale Recording Date: May 22, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $48,900
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Transaction Date: May 22, 2017
  • Previous Mortgage Loan Amount: $48,900

About New Richland



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Frequently Asked Questions

What neighborhood is 401 Broadway Avenue North located in?
The 401 Broadway Avenue North is a located in the neighborhood of New Richland in New Richland, New Richland.
What is the average sales price for listings in 401 Broadway Avenue North?
The average sales price for units in 401 Broadway Avenue North is $0 currently.

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