560 4th Avenue Southwest in New London, MN was first built in 2003 and is 21 years old.
This has been categorized as a agricultural property type.
In total, the area measurement of the land is 745,747 square feet.
Learn more about the property and building on this page. For those who need parking, there is a garage. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 560 4th Avenue Southwest sold most recently in May 2, 2013 for a total of $540,000. Before that, the property was also sold for $540,000 in Apr 4, 2008. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,516 in taxes each year. 560 4th Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,500. If we break it down further, the land itself was valued at $78,200. Improvements to the property, however, were assessed at a total of $143,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
Learn more about the property and building on this page. For those who need parking, there is a garage. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 560 4th Avenue Southwest sold most recently in May 2, 2013 for a total of $540,000. Before that, the property was also sold for $540,000 in Apr 4, 2008. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,516 in taxes each year. 560 4th Avenue Southwest was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,500. If we break it down further, the land itself was valued at $78,200. Improvements to the property, however, were assessed at a total of $143,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
560 4th Avenue Southwest, New London, MN 56273
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0 Past Sales
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