Welcome to 501 Summit Avenue, a charming rambler with three bedrooms, including a versatile space for a mother-in-law suite. Nestled near parks, schools, and a recreation center, this home offers convenience and a friendly atmosphere. Wood shake shingles adorn the exterior, hinting at the warmth within. Step inside to discover hardwood floors and a focal wood-burning fireplace in the inviting living space. The galley-style kitchen combines functionality with style, complemented by a three-season porch for year-round enjoyment. Vaulted ceilings and strategically placed windows create an airy, bright ambiance throughout the home. Though lacking a basement, the crawl space provides easy access for maintenance and storage needs. One unique feature is the potential for expansion in the attic, allowing you to customize the home according to your evolving needs—be it a home office, studio, or additional bedrooms. Outdoor living is enhanced by a patio, perfect for entertaining or relaxation. This property is not just a house; it's a home with character and potential. Embrace the versatility of the mother-in-law suite, the warmth of the wood-burning fireplace, and the promise of expansion in the attic. Make 501 Summit Avenue your haven for comfortable and personalized living. Preferred possession is May 1, 2024
Sold-non member
$218,000
501 Summit Ave, New Ulm, MN 56073
3beds
1,611sqft
Single Family Residence
Built in 1950
0.65 Acres Lot
$261,600 Zestimate®
$135/sqft
$1,778 Estimated rent
Home value
$261,600
$249,000 - $277,000
$1,778/mo
Zestimate® history
Owner options
List your home for rent
$1,778/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,778/mo
Rent Zestimate®
Refinance and save
$1,111/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,111/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Recreation centerGalley-style kitchenMother-in-law suiteVaulted ceilingsHardwood floors
Zillow last checked:
Listing updated:
Listed by:
Kevin Sharkey,
Century 21 Atwood
Bought with:
Non Member
Non-Member
Source: RASM,MLS#: 7034161
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
- Area: 111.36
- Dimensions: 11.6 x 9.6
Bedroom 1
- Level: Main
- Area: 138.6
- Dimensions: 12.6 x 11
Bedroom 2
- Level: Main
- Area: 138.6
- Dimensions: 12.6 x 11
Dining room
- Level: Main
- Area: 108
- Dimensions: 9 x 12
Kitchen
- Level: Main
- Area: 117
- Dimensions: 13 x 9
Living room
- Level: Main
- Area: 210
- Dimensions: 15 x 14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Trash Compactor, Oven, Washer, Electric Water Heater, Water Softener Owned
- Laundry: Main Level
Features
- Bath Description: Main Floor 3/4 Bath, Main Floor Full Bath, Main Floor Bedrooms
- Flooring: Hardwood
- Basement: None
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,611
- Total interior livable area: 1,611 sqft
- Finished area above ground: 1,611
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Paved, Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
Lot
- Size: 0.65 Acres
- Dimensions: 141 x 200
- Features: Landscaped, Many Trees
Details
- Foundation area: 1611
- Parcel number: 001.700.000.050.30
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Stone
- Roof: Shake
Condition
- Previously Owned
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: City
- Water: Public
Community & neighborhood
Location
- Region: New Ulm
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2024 | Sold | $218,000+3.9%$135/sqft |
Source:  RASM #7034161 Report a problem | ||
| 1/29/2024 | Contingent | $209,900$130/sqft |
Source: RASM #7034161 Report a problem | ||
| 1/25/2024 | Listed for sale | $209,900$130/sqft |
Source: RASM #7034161 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,350 +16.3% | $189,300 +0.6% |
| 2024 | $2,020 +1.2% | $188,200 +13.4% |
| 2023 | $1,996 -2% | $166,000 +12.8% |
| 2022 | $2,036 +0.4% | $147,200 +5.4% |
| 2021 | $2,028 +26.3% | $139,600 -0.4% |
| 2020 | $1,606 +3.3% | $140,200 +20.2% |
| 2018 | $1,554 -9.5% | $116,600 -5.7% |
| 2017 | $1,718 +5% | $123,600 +3.9% |
| 2016 | $1,636 | $118,998 |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 56073
Nearby schools
GreatSchools rating
- 5/10Jefferson Elementary SchoolGrades: 1-4Distance: 0.2 mi
- 8/10New Ulm Middle SchoolGrades: 5-8Distance: 0.2 mi
- 9/10New Ulm High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- District: New Ulm #88
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$261,600
2% more
+$5,232
With Zillow Showcase(estimated)
$266,832
- Minnesota
- Brown County
- New Ulm
- 56073
- 501 Summit Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other New Ulm Topics
