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704 Reo Road

704 Reo Road, Watertown, MN 55388
Property in Watertown
Sold Sep 12, 2014
$151,000
$110,000 by Cortrust Mortgage
Mortgage Due Jun 01, 2050
Sold Apr 18, 2006
$192,600
704 Reo Road in Watertown, MN was first built in 2000 and is 24 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 townhouse style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 704 Reo Road has 1,008 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 907 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 440 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Aug 29, 2014 for $151,000. That's $149.80 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2006 for $192,600. 704 Reo Road was last assessed in 2023. The total value of the property was assessed at $222,800. Specifically, the land the property is located on was valued at $45,000. While improvements on the property were assessed at a total of $177,800. 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 $2,532. 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! 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: 2000
  • Effective Year Built: 2000
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 907
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,008
  • Gross Building Area: 2,475
  • Building Area: 1,008
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REO ACRES 3RD ADDITION
  • Land Acres: 0.15
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : SCHROEDER BRIAN F
  • Current Owner 2: SCHROEDER ALYSHA C
  • Previous Owner : DIBENEDETTO JOSEPH M
  • Previous Owner 2: DIBENEDETTO TERI
  • Owner Before Previous Owner: MILLER MARK A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Watertown-Mayer Public School District
  • School Tax School District: WATERTOWN-MAYER
  • Census Tract: 090102

Geography

  • District: 1200
  • Parcel: 85-3580280
  • Block: 1
  • Lot: 28
  • Meridian: SEC 08 TWN 117N RNG 25W
  • Municipality: CITY OF WATERTOWN
  • Latitude: 44.9582
  • Longitude: -93.8544

    Address

  • Full Address: 704 Reo Rd
  • Address - House Number: 704
  • Address - Street Name: Reo
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Watertown
  • Carrier Code: R002
  • 4-Digit Zip Code: 9286
  • Zip Code: 55388

Valuation

    Tax

  • Total Area: 1,628
  • Tax Year: 2024
  • Tax Amount: $2,532
  • Tax Rate Code Area: 111

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 266,545
  • High Value: 304,201
  • Low Value: 228,890

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: CORTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 04, 2020
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $222,800
  • Market Land Value: $45,000
  • Market Improvement Value: $177,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,800
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $177,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2014
  • Current Sale Recording Date: Sep 12, 2014
  • Current Sale Transaction ID: 11476636308
  • Current Sale Price: $151,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A599261
  • Previous Sale Recording Date: Apr 18, 2006
  • Previous Sale Contract Date: Apr 05, 2006
  • Previous Sale Amount: $192,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS MORTGAGE
  • First Mortgage Transaction Date: Sep 12, 2014
  • First Mortgage Loan Amount: $120,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2044

About Watertown



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Frequently Asked Questions

What neighborhood is 704 Reo Road located in?
The 704 Reo Road is a located in the neighborhood of Watertown in Watertown, Watertown.
What is the average sales price for listings in 704 Reo Road?
The average sales price for units in 704 Reo Road is $0 currently.

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