NOT LISTED FOR SALE

Estimated Value: $237,000 - $361,000

3 Beds
1.5 Baths
1,091 Sq Ft
$260/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $180,000 $165 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,757/month

12 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Eat-In Kitchen
  • Homecroft Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of May 2024

This home was just updated in 2024 with all new windows, refinished hardwood floors, new high efficiency gas furnace, new water heater, new flooring in kitchen, bath & entry, new stove & fridge. Home has an appraised market value of $230,000, but is being sold $50,000 below market value to income qualified buyers. Additional down payment assistance of $15,000 available through the Greater Minnesota Housing Fund to qualified buyers based on need, which could lower the mortgage amount to $165,000. Buyer’s gross annual income cannot exceed the following (household size in parenthesis): $50,600 (1); $57,800 (2); $65,050 (3); $72,250 (4); $78,050 (5); $83,850 (6) $89,600 (7) $95,400 (8).

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 03/11/2024

Last Buyer's Agent

Brenna Fahlin

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,076

Year Built

  • Built in 1956

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 153
  • Land Lease of $36

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,091 Sq Ft Home
  • Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Dehumidifier
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010-4670-01680

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,076

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Up Woodland Ave, left on Owatonna, 1st house on the left
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 36
  • List Price/ Sq Ft: 164.99
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Hardwood Floors
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1091
  • Garage Type: None
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dehumidifier, Dryer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, 1/4 Basement
  • Formal Dining: Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1091
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Concrete Block

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2024-03-11
  • Estimated Lot Dimensions: 50 x 153
  • Estimated Number of Acres: 0.18
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 010-4670-01680

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 3076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 16, 2024
Sold by
One Roof Community Housing A Minnesota
Bought by
Anderson Mercedes
Seller's Agent
Jim Philbin
1 Roof Community Housing
Buyer's Agent
Brenna Fahlin
Messina & Associates Real Estate
List Price
$180,000
Sold Price
$180,000
Views
4
Current Estimated Value
$283,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,612
Avg. Annual Appreciation
11.53%
Original Mortgage
$119,950
Outstanding Balance
$118,858
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$90,392
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Anderson Mercedes $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Mercedes $187,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $180,000 0.0% $165 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $180,000 -21.7% $165 / Sq Ft
07/31/2023 07/31/23 Sold $230,000 0.0% $211 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
07/03/2023 07/03/23 For Sale $230,000 -- $211 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2023 $3,052 $219,900 $41,400 $178,500
2022 $3,122 $204,200 $38,500 $165,700
2021 $2,746 $169,300 $31,900 $137,400
2020 $2,720 $169,300 $31,900 $137,400
2019 $2,434 $162,900 $31,100 $131,800
2018 $2,278 $146,700 $31,100 $115,600
2017 $2,120 $146,700 $31,100 $115,600
2016 $2,068 $142,600 $29,000 $113,600
2015 $2,110 $136,700 $5,500 $131,200
2014 $2,110 $136,700 $5,500 $131,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112606

APN: 010467001680