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275 Timber Place Northeast

275 Timber Place Northeast, Owatonna, MN 55060
Property in Owatonna
Sold Feb 24, 2021
$285,000
$85,000 by Bremer Bank
Mortgage Due Mar 01, 2041
Sold Aug 20, 2019
$42,000
Local assessors in Owatonna, MN have categorized 275 Timber Place Northeast as a residential type of property. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 7,323 square feet.

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. 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, 275 Timber Place Northeast was last sold in Feb 22, 2021 for $285,000. Prior to that sales transaction, the property was sold for $42,000 in Aug 6, 2019. Current property owners are expected to pay $4,670 in taxes per year. The property on 275 Timber Place Northeast was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $315,100. To break that down further, the land itself was valued at $47,300. While improvements to the property were assessed at a total of $267,800. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,323
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH BLUFF ESTATES
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 1 LOT 12 NORTH BLUFF ESTATES NO. 2

Ownership

  • Current Owner : BACHMAN RENEE
  • Current Owner 2: BACHMAN JERRY
  • Previous Owner : ACE CONSTRUCTION OF OWATONNA INC
  • Owner Before Previous Owner: BNB DEV GROUP LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Owatonna Public School District
  • School Tax School District: 761
  • Census Tract: 960100

Geography

  • District: 108
  • Parcel: 17-640-0112
  • Block: 1
  • Lot: 12
  • Meridian: SEC 34 TWN 108 RNG 20
  • Municipality: MEDFORD
  • Latitude: 44.112
  • Longitude: -93.2212

    Address

  • Full Address: 275 Timber Pl Ne
  • Address - House Number: 275
  • Street Segment Direction: NE
  • Address - Street Name: Timber
  • Address - Suffix Type: Pl
  • State: MN
  • City Name: Owatonna
  • Carrier Code: R005
  • 4-Digit Zip Code: 2495
  • Zip Code: 55060

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,670

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 84
  • Final Value: 354,116
  • High Value: 402,814
  • Low Value: 305,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: BREMER BANK
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Market Valuation

  • Market Total Value: $315,100
  • Market Land Value: $47,300
  • Market Improvement Value: $267,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,100
  • Assessed Land Value: $47,300
  • Assessed Improvements Value: $267,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822763351
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A000434600
  • Previous Sale Recording Date: Aug 20, 2019
  • Previous Sale Contract Date: Aug 06, 2019
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BREMER BANK
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2041

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Owatonna



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Frequently Asked Questions

What neighborhood is 275 Timber Place Northeast located in?
The 275 Timber Place Northeast is a located in the neighborhood of Owatonna in Owatonna, Owatonna.
What is the average sales price for listings in 275 Timber Place Northeast?
The average sales price for units in 275 Timber Place Northeast is $0 currently.

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