NOT LISTED FOR SALE

227 E University St Owatonna, MN 55060

Estimated Value: $170,000 - $191,000

2 Beds
1 Bath
994 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 17, 2014

Last sale price $76,000 $76 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $1,097/month

108 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Patio
  • Tile Flooring
  • Dining Room

About This Home

As of September 2014

Affordable 2 bedroom, 1 bath, 2 car garage. Seller is finishing some improvements to create more financing options for buyers. Appreciate main floor bedroom, main floor laundry, main floor full bath, spacious yard & convenient location, walk to downtown.

Last Agent to Sell the Property

Nancy Sletten

ERA Gillespie Real Estate Listed on: 04/11/2014

Last Buyer's Agent

Toni Van Esch

Coldwell Banker Home Connection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,670

Year Built

  • 1890

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 66x157
  • Partially Fenced Property

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 994 Sq Ft Home
  • Dining Room
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 171010606

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,670

Year Built

1890

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Tiled Floors
  • Amenities Exterior: Driveway - Gravel, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.24
  • Assessment Balance: 42
  • Parcel Number: 171010606
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 750
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: On Level: Main
  • Room 2: On Level: Upper
  • Room 5: On Level: Main
  • Room 9: On Level: Main
  • Room 12: On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 994
  • Total Fin Square Footage: 994
  • Total Square Footage: 1283

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Owatonna #761

Lot Info

  • Estimated Lot Dimensions: 66x157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2014
Closed on
Sep 17, 2014
Sold by
Syverson Frederick
Bought by
Friesen Aaron and Friesen Amber
Seller's Agent
Nancy Sletten
ERA Gillespie Real Estate
Buyer's Agent
Toni Van Esch
Coldwell Banker Home Connection
List Price
$79,000
Sold Price
$76,000
Premium/Discount to List
-$3,000
-3.8%
Current Estimated Value
$180,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,705
Avg. Annual Appreciation
8.13%
Original Mortgage
$77,634
Outstanding Balance
$59,456
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$121,249

Purchase Details

Listed on
Apr 11, 2014
Closed on
Aug 11, 2014
Sold by
Syverson Todd F and Syverson Susan M
Bought by
Syverson Frederick
Seller's Agent
Nancy Sletten
ERA Gillespie Real Estate
Buyer's Agent
Toni Van Esch
Coldwell Banker Home Connection
List Price
$79,000
Sold Price
$76,000
Premium/Discount to List
-$3,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,634
Outstanding Balance
$59,456
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$121,249

Purchase Details

Listed on
Jul 17, 2013
Closed on
Aug 12, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Syverson Todd F and Syverson Susan M
Seller's Agent
Matt Gillard
ERA Gillespie Real Estate
Buyer's Agent
Nancy Sletten
ERA Gillespie Real Estate
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
174.77%

Purchase Details

Listed on
Jul 17, 2013
Closed on
Jun 25, 2013
Sold by
Us Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Matt Gillard
ERA Gillespie Real Estate
Buyer's Agent
Nancy Sletten
ERA Gillespie Real Estate
List Price
$24,900
Sold Price
$25,000
Premium/Discount to List
$100
0.4%

Purchase Details

Closed on
Mar 22, 2013
Sold by
Whelan Debra A
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 27, 2006
Sold by
Mortensen Jurene and Kruger Julie Ann
Bought by
Whelan Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,375
Interest Rate
6.5%
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
Friesen Aaron $76,000 --
Syverson Frederick -- --
Syverson Todd F -- --
Federal Home Loan Mortgage Corporation -- --
U S Bank National Association $87,901 None Available
Whelan Debra A $82,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friesen Aaron $77,634
Previous Owner Whelan Debra A $78,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2014 09/17/14 Sold $76,000 -3.8% $76 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $79,000 +216.0% $79 / Sq Ft
08/12/2013 08/12/13 Sold $25,000 +0.4% $25 / Sq Ft View Prior Sale
08/02/2013 08/02/13 Pending -- -- --
07/17/2013 07/17/13 For Sale $24,900 -- $25 / 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 $1,670 $139,500 $34,000 $105,500
2024 $1,552 $138,000 $38,400 $99,600
2023 $1,540 $122,400 $28,600 $93,800
2022 $1,296 $118,000 $27,200 $90,800
2021 $1,184 $95,256 $23,324 $71,932
2020 $1,036 $88,494 $23,324 $65,170
2019 $850 $78,596 $23,324 $55,272
2018 $900 $69,972 $23,324 $46,648
2017 $864 $74,284 $19,992 $54,292
2016 $902 $71,344 $19,992 $51,352
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Sletten

    ERA Gillespie Real Estate

  • T

    Buyer's Agent in 2014

    Toni Van Esch

    Coldwell Banker Home Connection

  • M

    Seller's Agent in 2013

    Matt Gillard

    ERA Gillespie Real Estate

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4603074

REALTOR® Association of Southern Minnesota

APN: 17-101-0606

Minnesota Steele County Owatonna 55060

227 E University St, Owatonna, MN

This home is located at 227 E University St, Owatonna, MN 55060 since 11 April 2014 and is currently estimated at $180,705, approximately $181 per square foot. This property was built in 1890. 227 E University St 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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