1050 Oakwood Lane

1050 Oakwood Lane in Owatonna, MN was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 12 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1050 Oakwood Lane has 2,750 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 760 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 23,827 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 811 sqft. There are a total of 3 available parking spaces. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 3, 2016 for $189,900. That's $69.05 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2009 for $225,000. 1050 Oakwood Lane was last assessed in 2023. The total value of the property was assessed at $315,700. Specifically, the land the property is located on was valued at $68,000. While improvements on the property were assessed at a total of $247,700. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,562. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.