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229 Locust Avenue

229 Locust Avenue, Owatonna, MN 55060
Property in Owatonna
Sold Aug 07, 2020
$135,000
$128,250 by Everett Financial Inc
Mortgage Due Aug 01, 2050
Sold Jul 01, 2010
$130,000
Local assessors in Owatonna, MN have categorized 229 Locust Avenue as a residential type of property. The home was built in 1934 and is 90 years old. The property's lot size has been calculated to be 10,498 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 229 Locust Avenue has a total of 1,334 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 768 sqft. There are 3 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 average. 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. The home's a forced air unit is the primary heating source. The property was last sold in Jul 28, 2020 for $135,000. That's $101.20 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2010 for $130,000. 229 Locust Avenue was last assessed in 2023. The total value of the property was assessed at $188,800. Specifically, the land the property is located on was valued at $28,600. While improvements on the property were assessed at a total of $160,200. 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 $2,674. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 196
  • Garage Type: Detached
  • Garage Square Area: 768
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,498
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELMONT
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK.1 LOT 13 & 14 BELMONT

Ownership

  • Current Owner : ACEVEDO MARIO RUIZ
  • Previous Owner : JOHNSON SUSAN IRENE
  • Owner Before Previous Owner: JOHNSON DENNIS W
  • Owner Before Previous Owner 2: JOHNSON SUSAN I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Owatonna Public School District
  • School Tax School District: 761
  • Census Tract: 960200

Geography

  • District: 761
  • Parcel: 17-132-0113
  • Block: 1
  • Lot: 13-14
  • Municipality: CITY OF OWATONNA
  • Latitude: 44.0866
  • Longitude: -93.2073

    Address

  • Full Address: 229 Locust Ave
  • Address - House Number: 229
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Owatonna
  • Carrier Code: C014
  • 4-Digit Zip Code: 2649
  • Zip Code: 55060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,674

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 82
  • Final Value: 228,171
  • High Value: 262,057
  • Low Value: 194,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,250
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $128,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $188,800
  • Market Land Value: $28,600
  • Market Improvement Value: $160,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,800
  • Assessed Land Value: $28,600
  • Assessed Improvements Value: $160,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11783952031
  • Current Sale Price: $135,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A000430657
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Contract Date: Jun 29, 2010
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Contract of Sale

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $128,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DENNIS W JOHNSON ETUX
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Type: Seller take-back

About Owatonna



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Frequently Asked Questions

What neighborhood is 229 Locust Avenue located in?
The 229 Locust Avenue is a located in the neighborhood of Owatonna in Owatonna, Owatonna.
What is the average sales price for listings in 229 Locust Avenue?
The average sales price for units in 229 Locust Avenue is $0 currently.

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