NOT LISTED FOR SALE

725 Oak St NE Hutchinson, MN 55350

Estimated Value: $181,785 - $191,000

2 Beds
1 Bath
860 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $173,000 $201 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,119/month

16 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • 1-Story Property
  • Hutchinson Park Elementary School Rated A-
  • Living Room
  • 4-minute walk to Northwoods Park

About This Home

As of August 2024

Two bedroom one bath home in wonderful established neighborhood. Updated kitchen and bath. Hardwood floors in the bedrooms. Care free aluminum siding. Roof is six years old. CA, forced air. Spacious back yard. Nice concrete patio. Storage shed. Minutes to area parks. Quick commute.

Last Agent to Sell the Property

Maria Oman

Premier Real Estate Services Listed on: 07/10/2024

Co-Listed By

Brett Oman

Premier Real Estate Services

Last Buyer's Agent

Autumn Stamson

Engel & Volkers Lake Minnetonka

Engel & Volkers Lake Minnetonka

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 66x132
  • Many Trees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Metal Siding

Interior Spaces

  • 860 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230880290

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 860
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Living Area: 860
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Pitched
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Washer/Dryer Hookup

Schools

  • Junior High Dist: Hutchinson
  • SchoolDistrictPhone: 320-587-2860

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x132
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 230880290
  • Tax Annual Amount: 1684
  • TaxWithAssessments: 1684.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 23, 2024
Sold by
Luhman Ryan
Bought by
Wellnitz Gavin
Seller's Agent
Maria Oman
Premier Real Estate Services
Buyer's Agent
Autumn Stamson
Engel & Volkers Lake Minnetonka
List Price
$178,000
Sold Price
$173,000
Premium/Discount to List
-$5,000
-2.81%
Views
16
Current Estimated Value
$187,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,696
Avg. Annual Appreciation
7.15%
Original Mortgage
$170,702
Outstanding Balance
$168,778
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$18,918

Purchase Details

Closed on
Aug 14, 2018
Sold by
Larsen Roger J and Larsen Kimberly D
Bought by
Luhman Ryan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,262
Interest Rate
5.5%
Mortgage Type
FHA
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
Wellnitz Gavin $173,000 --
Luhman Ryan K $123,500 Title Mark Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellnitz Gavin $170,702
Previous Owner Luhman Ryan K $121,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $173,000 -2.8% $201 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $178,000 -- $207 / 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 $1,636 $143,200 $38,900 $104,300
2023 $1,684 $139,000 $38,900 $100,100
2022 $1,540 $137,800 $37,000 $100,800
2021 $1,555 $115,500 $32,300 $83,200
2020 $1,364 $104,100 $29,400 $74,700
2019 $1,224 $99,700 $29,400 $70,300
2018 $1,550 $0 $0 $0
2017 $1,458 $0 $0 $0
2016 $1,406 $0 $0 $0
2015 $1,276 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6566994

NorthstarMLS

APN: 23.088.0290