NOT LISTED FOR SALE

1140 Cherry St Owatonna, MN 55060

Estimated Value: $270,000 - $314,000

3 Beds
2 Baths
1,183 Sq Ft
$241/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $79,000 $67 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,766/month

128 Days on Market

Highlights

  • 2 Car Attached Garage
  • Property is near a preserve or public land
  • Forced Air Heating and Cooling System
  • Bathroom on Main Level
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of April 2012

Great location and potential! 3 bedroom with 2 baths. Great upstairs with updates. Previous water damage in basement. Seller has had sheetrock in basement removed and the basement has been treated for mold. Ideal for fix up loan or cash purchase.

Last Buyer's Agent

Daniel Reese

Dan Reese Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,074

Year Built

  • 1954

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 150x116

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,183 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Walkup Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 172920114

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,074

Year Built

1954

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Walk-up Attic
  • Estimated Number of Acres: 0.4
  • Assessment Balance: 386.5
  • Parcel Number: 172920114
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Taxes With Assessments: 1944
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Bedroom, 10x12, On Level: Main
  • Room 2: Bedroom, 9x10, On Level: Main
  • Room 5: Dining Room, 9x11, On Level: Main
  • Room 9: Kitchen, 9x13, On Level: Main
  • Room 12: Living Room, 12x19, On Level: Main
  • Room 15: On Level: Basement
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1183
  • Total Fin Square Footage: 1183
  • Total Square Footage: 2366

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Fiber Board

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 150x116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2011
Closed on
Apr 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Mundt Bryant
Buyer's Agent
Daniel Reese
Dan Reese Realty
List Price
$85,000
Sold Price
$79,000
Premium/Discount to List
-$6,000
-7.06%
Current Estimated Value
$284,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,671
Avg. Annual Appreciation
9.97%
Original Mortgage
$80,612
Outstanding Balance
$55,653
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$229,018

Purchase Details

Closed on
Aug 5, 2011
Sold by
Larson Annbjorg G and Larson Eric L
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 31, 2007
Sold by
Meiners Devoine and Meiners Barbara J
Bought by
Larson Eric L and Larson Annbjorg G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
6.76%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mundt Bryant $79,000 None Available
Jpmorgan Chase Bank National Association $76,500 None Available
Larson Eric L $157,500 Steele County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mundt Bryant $80,612
Previous Owner Larson Eric L $140,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2012 04/18/12 Sold $79,000 -7.1% $67 / Sq Ft
03/22/2012 03/22/12 Pending -- -- --
11/15/2011 11/15/11 For Sale $85,000 -- $72 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,074 $248,100 $51,000 $197,100
2024 $3,236 $226,200 $58,300 $167,900
2023 $3,130 $227,300 $53,800 $173,500
2022 $2,866 $211,400 $51,000 $160,400
2021 $2,564 $177,184 $44,394 $132,790
2020 $2,608 $159,544 $44,394 $115,150
2019 $2,234 $155,820 $44,394 $111,426
2018 $2,278 $144,158 $44,394 $99,764
2017 $2,158 $146,020 $39,984 $106,036
2016 $2,142 $140,336 $39,984 $100,352
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4179336

REALTOR® Association of Southern Minnesota

APN: 17-292-0114