NOT LISTED FOR SALE

1503 N Cedar Ave Owatonna, MN 55060

Estimated Value: $228,289 - $259,000

3 Beds
1 Bath
1,074 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $50,300 $47 Per Sq Ft

Est. 380% increase in value since last sale

Current estimated payment $1,586/month

21 Days on Market

Highlights

  • Wood Flooring
  • Property is near a preserve or public land
  • Forced Air Heating and Cooling System
  • Patio
  • 1-Story Property
  • 3-minute walk to Crane Creek County Park

About This Home

As of June 2013

WEED IT AND REAP! Put yardwork on your list of things to do along with indoor clean up and minor repair. HUD listing, sold as is, no home inspection contingencies will be accepted.

Last Agent to Sell the Property

Debra Schmidt

Help-U-Sell Heritage Listed on: 05/24/2013

Last Buyer's Agent

Brian Stendel

Front Door Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,934

Year Built

  • 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 110x90

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,074 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 171560111

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,934

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.22
  • Construction: Previously Owned
  • Parcel Number: 171560111
  • Property Adjoins Public Land: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1488
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1074
  • Total Fin Square Footage: 1074
  • Total Square Footage: 2778

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Brick

Garage/Parking

  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Owatonna #761

Lot Info

  • Estimated Lot Dimensions: 110x90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2015
Sold by
Peterson Terry R and Peterson Ellen M
Bought by
Nagel Donald L
Current Estimated Value
$241,572

Purchase Details

Closed on
Jul 7, 2014
Sold by
Johnson Kelli A
Bought by
Peterson Terry R and Peterson Ellen M

Purchase Details

Listed on
May 24, 2013
Closed on
Jun 25, 2013
Sold by
Hud
Bought by
Johnson Kelli A
Seller's Agent
Debra Schmidt
Help-U-Sell Heritage
Buyer's Agent
Brian Stendel
Front Door Realty
List Price
$40,000
Sold Price
$50,300
Premium/Discount to List
$10,300
25.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.19%

Purchase Details

Closed on
Apr 22, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Apr 3, 2012
Sold by
Eaton Scott M and Eaton Michael R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 11, 2008
Sold by
Peterson Raymond L and Peterson Geraldine A
Bought by
Eaton Scott M and Eaton Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,775
Interest Rate
6.17%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Nagel Donald L $140,000 --
Peterson Terry R $103,845 --
Johnson Kelli A -- --
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $150,385 None Available
Eaton Scott M $144,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eaton Scott M $141,775
Previous Owner Peterson Raymond L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $50,300 +25.8% $47 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $40,000 -- $37 / 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
2024 $2,934 $214,400 $41,300 $173,100
2023 $2,816 $208,500 $33,600 $174,900
2022 $2,484 $193,000 $32,000 $161,000
2021 $2,366 $157,290 $29,400 $127,890
2020 $2,364 $149,352 $29,400 $119,952
2019 $2,024 $143,766 $29,400 $114,366
2018 $1,802 $133,182 $25,480 $107,702
2017 $1,698 $121,324 $22,736 $98,588
2016 $1,654 $116,326 $22,736 $93,590
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: 4484070

REALTOR® Association of Southern Minnesota

APN: 17-156-0111