NOT LISTED FOR SALE

9062 SW 42nd Ave Owatonna, MN 55060

Estimated Value: $473,000 - $535,862

3 Beds
2.5 Baths
1,765 Sq Ft
$291/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $510,000 $289 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,093/month

136 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 4 Car Attached Garage
  • 1-Story Property
  • Family Room

About This Home

As of January 2024

Indeed a rare find, offering a perfect blend of rural living and modern conveniences. Nestled in the serene countryside with easy access to I-35, it’s a peaceful retreat while maintaining connectivity through fiber optic internet and natural gas amenities. In addition, it’s designed for one level living with an open floor plan, main floor laundry, 3 bedrooms and 2 1/2 bathrooms. A standout feature is the ample space available in the unfinished lower level. Whether you want a recreation room, home office, or a cozy entertainment area, the possibilities are endless. The property offers a second garage, a pole building, and a machine shed, providing ample space for tools, equipment, and storage needs. This property offers an excellent new home opportunity and the ability to embrace rural living.

Last Agent to Sell the Property

Nancy Sletten

Berkshire Hathaway Advantage Real Estate Listed on: 07/26/2023

Berkshire Hathaway Advantage Real Estate

Last Buyer's Agent

Jodie Thompson

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 2022

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 348x250

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,765 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060251201

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 2022

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1765
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Full, Sump Pump, Unfinished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Tankless Water Heater, Water Softener Owned
  • Living Area: 1765
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Bathroom

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Other Structures: Additional Garage, Barn(s), Other, Pole Building
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Garage Door Opener
  • Garage Square Feet: 1516

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Porch,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 348x250
  • Lot Size Sq Ft: 87120
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 060251201
  • Tax Annual Amount: 1256
  • TaxWithAssessments: 1256.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Jan 12, 2024
Sold by
Cedardale Properties Llc
Bought by
Melcher Daniel and Melcher Brieanna
Seller's Agent
Nancy Sletten
Berkshire Hathaway Advantage Real Estate
Buyer's Agent
Jodie Thompson
Edina Realty, Inc.
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Views
160
Current Estimated Value
$513,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,216
Avg. Annual Appreciation
0.37%
Original Mortgage
$175,000
Outstanding Balance
$172,244
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$340,972

Purchase Details

Closed on
Dec 16, 2021
Sold by
Rk & T Construction Inc
Bought by
Cedardale Properties Llc

Purchase Details

Closed on
Sep 29, 2015
Sold by
Bank Of New York Mellon Trt Co
Bought by
Rk& T Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.91%
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
Melcher Daniel $510,000 --
Cedardale Properties Llc $115,300 None Available
Rk& T Construction Inc $55,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher Daniel $175,000
Previous Owner Rk& T Construction Inc $80,000
Previous Owner Swanson Michael O $165,000
Previous Owner Swanson Michael O $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $510,000 -4.7% $289 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $535,000 -- $303 / 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
2025 $4,298 $498,300 $83,000 $415,300
2024 $1,826 $452,700 $80,000 $372,700
2023 $1,256 $185,200 $62,000 $123,200
2022 $1,526 $116,000 $62,000 $54,000
2021 $1,172 $124,558 $52,724 $71,834
2020 $1,364 $118,874 $52,724 $66,150
2019 $1,172 $101,038 $50,078 $50,960
2018 $922 $95,844 $47,334 $48,510
2017 $922 $74,382 $41,160 $33,222
2016 $2,242 $73,794 $41,160 $32,634
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6408676

NorthstarMLS

APN: 06-025-1201