Sold Aug 30, 2019
$277,324
Seller
$221,860
by Keller Mortgage Llc
Mortgage Due Sep 01, 2049
Sold Dec 09, 2016
$24,000
Buyer
Seller
551 Park Street East has been categorized by the local assessors in New Germany, MN as a residential type of property.
The area measurement of the land has been determined as 9,845 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 551 Park Street East sold most recently in Aug 16, 2019 for a total of $277,324. Before that, the property was also sold for $24,000 in Nov 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,048 in taxes each year. 551 Park Street East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,300. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $293,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 551 Park Street East sold most recently in Aug 16, 2019 for a total of $277,324. Before that, the property was also sold for $24,000 in Nov 22, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,048 in taxes each year. 551 Park Street East was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $343,300. If we break it down further, the land itself was valued at $50,000. Improvements to the property, however, were assessed at a total of $293,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.
551 Park Street East, New Germany, MN 55367
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