NOT LISTED FOR SALE

1162 S Elm Ave Owatonna, MN 55060

Estimated Value: $220,000 - $251,000

3 Beds
1.5 Baths
1,810 Sq Ft
$130/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $135,000 $75 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $1,472/month

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Formal Dining Room
  • Eat-In Kitchen
  • Water Softener is Owned

About This Home

As of July 2019

Move right in! This 1 ½ story home features 3 bedrooms, 2 bathrooms, a fireplace, deck and a large and fully fenced in backyard with storage shed. The exterior is in great shape with vinyl siding, newer windows & roof. Owner is related to listing agent.

Last Agent to Sell the Property

Molly Erdman

LANDMARK REAL ESTATE Listed on: 06/03/2019

Last Buyer's Agent

Molly Erdman

LANDMARK REAL ESTATE Listed on: 06/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,652

Year Built

  • 1940

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 77x77
  • Partially Fenced Property

Parking

  • 1 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Wood Burning Fireplace
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 17-015-3408

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,652

Year Built

1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Hardwood Floors, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Fenced Yard - Partial
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 44
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 725
  • L V T Date: 06/05/2019
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 17-015-3408
  • Price Per Square Foot: 71
  • Sold Price Per Sq Ft: 64
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1764
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x12, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 16.5x14, On Level: Lower
  • Room 4: Bedroom, 20x11, On Level: Upper
  • Room 5: Bedroom, 12x11, On Level: Upper
  • Room 6: Kitchen, 17x10, On Level: Main
  • Basement Features: Sump Pump, Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1354
  • Below Grade Finished Sq Ft: 456
  • Tot Above Grade Sq Ft: 1354
  • Total Fin Square Footage: 1810
  • Total Square Footage: 2108
  • Tot Below Grade Sq Ft: 754

Exterior Features

  • Frontage Road: City
  • Construction Type: Concrete Block
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Owatonna #761

Lot Info

  • Estimated Lot Dimensions: 77x77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2019
Closed on
Jul 16, 2019
Sold by
Soland Leah A and Soland Cody
Bought by
Jackson Sheila A
Seller's Agent
Molly Erdman
LANDMARK REAL ESTATE
Buyer's Agent
Molly Erdman
LANDMARK REAL ESTATE
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$235,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,789
Avg. Annual Appreciation
9.33%
Original Mortgage
$85,000
Outstanding Balance
$74,437
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$161,352

Purchase Details

Listed on
May 17, 2013
Closed on
Jul 31, 2013
Sold by
Summer Dean L and Summer Dena R
Bought by
Jacobson Leah A
Seller's Agent
Ann Vargason
Berkshire Hathaway Advantage RE
Buyer's Agent
Ann Vargason
Berkshire Hathaway Advantage RE
List Price
$119,500
Sold Price
$114,000
Premium/Discount to List
-$5,500
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.88%
Original Mortgage
$110,550
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jackson Sheila A $135,000 North American Title
Jacobson Leah A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Sheila A $85,000
Previous Owner Jacobson Leah A $110,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2019 07/16/19 Sold $135,000 -9.9% $75 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $149,900 +31.5% $83 / Sq Ft
07/31/2013 07/31/13 Sold $114,000 -4.6% $63 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $119,500 -- $66 / 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 $2,652 $206,100 $32,100 $174,000
2024 $2,542 $199,700 $36,800 $162,900
2023 $2,572 $184,100 $29,000 $155,100
2022 $2,284 $178,700 $27,400 $151,300
2021 $2,100 $146,804 $24,892 $121,912
2020 $2,100 $135,632 $24,892 $110,740
2019 $1,764 $130,830 $25,284 $105,546
2018 $1,710 $119,658 $23,324 $96,334
2017 $1,608 $116,522 $21,364 $95,158
2016 $1,550 $111,524 $21,364 $90,160
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Molly Erdman

    Seller's Agent in 2019

    Molly Erdman

    LANDMARK REAL ESTATE

    (507) 461-1295

    13 in this area

    202 Total Sales

    Molly Erdman
    Section Image

  • A

    Seller's Agent in 2013

    Ann Vargason

    Berkshire Hathaway Advantage RE

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021111

REALTOR® Association of Southern Minnesota

APN: 17-015-3408

Minnesota Steele County Owatonna 55060

1162 S Elm Ave, Owatonna, MN

This home is located at 1162 S Elm Ave, Owatonna, MN 55060 since 03 June 2019 and is currently estimated at $235,789, approximately $130 per square foot. This property was built in 1940. 1162 S Elm Ave is a home located in Steele County with nearby schools including Lincoln Elementary School, Owatonna Middle School, and Owatonna Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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