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217 Prospect Street

217 Prospect Street, Owatonna, MN 55060
House in Owatonna
Sold Sep 10, 2019
$129,000
$103,200 by Us Bank Na
Mortgage
Local assessors in Owatonna, MN have categorized 217 Prospect Street as a residential type of property. The home was built in 1921 and is 103 years old. The property's lot size has been calculated to be 8,189 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 217 Prospect Street has a total of 1,060 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 217 Prospect Street was last sold in Sep 9, 2019 for $129,000. According to our calculations, that's $121.70 per sqft. Current property owners are expected to pay $2,124 in taxes per year. The property on 217 Prospect Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $157,600. To break that down further, the land itself was valued at $22,100. While improvements to the property were assessed at a total of $135,500. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Metal Exterior
Vinyl Siding

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1921
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,189
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,060
  • Building Area: 1,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PHELPS ADDITION
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PHELPS ADDITION BLK 7 W 3R OF LOT 2 PHELPS

Ownership

  • Current Owner : WALLACE MONICA K
  • Previous Owner : CAVANAUGH SCOTT M
  • Previous Owner 2: CAVANAUGH TRACI L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Owatonna Public School District
  • School Tax School District: 761
  • Census Tract: 960700

Geography

  • District: 761
  • Parcel: 17-101-0703
  • Block: 7
  • Lot: 2
  • Municipality: CITY OF OWATONNA
  • Latitude: 44.0772
  • Longitude: -93.2228

    Address

  • Full Address: 217 Prospect St
  • Address - House Number: 217
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: MN
  • City Name: Owatonna
  • Carrier Code: C017
  • 4-Digit Zip Code: 3340
  • Zip Code: 55060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,124

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 78
  • Final Value: 188,187
  • High Value: 219,488
  • Low Value: 156,887

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,200
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 10, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $103,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $157,600
  • Market Land Value: $22,100
  • Market Improvement Value: $135,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,600
  • Assessed Land Value: $22,100
  • Assessed Improvements Value: $135,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 10, 2019
  • Current Sale Transaction ID: 11645998691
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A000425366

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 10, 2019
  • First Mortgage Loan Amount: $103,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Owatonna



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 217 Prospect Street located in?
The 217 Prospect Street is a house located in the neighborhood of Owatonna in Owatonna, Owatonna.
What is the average sales price for listings in 217 Prospect Street?
The average sales price for units in 217 Prospect Street is $129,900 , or $123/sqft. currently.

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