NOT LISTED FOR SALE

525 16th St SW Owatonna, MN 55060

Estimated Value: $323,000 - $362,975

4 Beds
3 Baths
2,568 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $355,000 $138 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,303/month

2 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • The kitchen features windows
  • Patio

About This Home

As of August 2023

There is nothing better than knowing your home is in great condition and has been well taken care of by the previous owners. This Beautiful one-owner 1 story, 4 bedroom, 3 bath home is definitely in that classification. Meticulously cared for, you will enjoy the multiple living areas with 3 bedrooms on the main level plus a 4th in the lower level. Details like stainless steel appliances and a stunning backsplash in the kitchen make it easy to enjoy your time there. The storage space is considerable in the lower level and there is even room to create a workshop or workout space. The corner lot and lawn sprinkler system make things simple for relishing your time outdoors with this property located on the Southwest part of town. Oh but don’t forget the main level laundry and a sprinkler system throughout the home for peace of mind! Check out this picture perfect home today!

Last Listed By

Matthew Kern

RE/MAX Venture Listed on: 06/14/2023

RE/MAX Venture

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 130
  • Corner Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Bonus Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • South Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 173700104

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,320

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1998
  • Above Grade Finished Sq Ft: 1563
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 2568
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1005
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Bonus Room
  • SqFtTotal: 3126.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete
  • Garage Square Feet: 669

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Other

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Indoor Sprinklers,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Skylight,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Owatonna
  • SchoolDistrictNumber: 761
  • SchoolDistrictPhone: 507-444-8610

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 85 x 130
  • Lot Size Sq Ft: 11064.24
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 173700104
  • Tax Annual Amount: 4320
  • TaxWithAssessments: 4320.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 1, 2023
Sold by
Thomas Bruce and Sieberg Judith
Bought by
Schafer Candace
Seller's Agent
Matthew Kern
RE/MAX Venture
Buyer's Agent
Tracy Petersohn
Tracy Sells LLC
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%
Total Days on Market
2
Views
67
Current Estimated Value
$348,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,006
Avg. Annual Appreciation
-0.22%

Range of Values:

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Average Value
Not Available
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
Schafer Candace $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Bruce E $55,000
Previous Owner Thomas Bruce E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $355,000 +6.0% $138 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $335,000 -- $130 / Sq Ft
Source: NorthstarMLS

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 $4,420 $351,000 $39,200 $311,800
2023 $4,342 $301,100 $35,000 $266,100
2022 $3,790 $282,600 $33,300 $249,300
2021 $3,614 $225,400 $28,616 $196,784
2020 $3,664 $213,542 $28,616 $184,926
2019 $3,260 $207,760 $28,616 $179,144
2018 $3,122 $197,960 $26,558 $171,402
2017 $2,938 $190,022 $24,500 $165,522
2016 $2,998 $181,202 $24,500 $156,702
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6380353

NorthstarMLS

APN: 17-370-0104