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775 Otis Court

775 Otis Court, Tracy, MN 56175
House in Tracy
Sold Mar 11, 2022
$85,000
Buyer
Seller
Sold Feb 01, 2021
$62,500
$61,367 by Us Bank Na
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 8,781 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 11, 2022 for $85,000. Prior to that sales transaction, the property was also sold in Jan 19, 2021 for $62,500. 775 Otis Court was last assessed in 2023. The total value of the property was assessed at $87,500. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $79,500. 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 $1,136. 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.

Building Features

Parking

Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,781
  • 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: REA S ADDITION
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REA S ADDITION 01010001 LOT 1

Ownership

  • Current Owner : SEAGER MARK
  • Previous Owner : DROST DORIA
  • Owner Before Previous Owner: HOFLOCK KATIE C
  • Owner Before Previous Owner 2: HOFLOCK JEREMY

Neighborhood

  • School District Name: Tracy Area Public School District
  • School Tax School District: 2904
  • Census Tract: 360700

Geography

  • District: 2904
  • Parcel: 31-150001-0
  • Lot: 1
  • Municipality: TRACY
  • Latitude: 44.2387
  • Longitude: -95.6123

    Address

  • Full Address: 775 Otis Ct
  • Address - House Number: 775
  • Address - Street Name: Otis
  • Address - Suffix Type: Ct
  • State: MN
  • City Name: Tracy
  • Carrier Code: C001
  • 4-Digit Zip Code: 1428
  • Zip Code: 56175

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,136

    Appraisal Valuation

  • Standard Deviation: 0.1018
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 90
  • Final Value: 78,013
  • High Value: 85,961
  • Low Value: 70,064

    Market Valuation

  • Market Total Value: $87,500
  • Market Land Value: $8,000
  • Market Improvement Value: $79,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $87,500
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $79,500

    Sales

  • Current Sale Contract Date: Mar 11, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11881691616
  • Current Sale Price: $85,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1387364
  • Previous Sale Recording Date: Feb 01, 2021
  • Previous Sale Contract Date: Jan 19, 2021
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Loan Type: Cash

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Feb 01, 2021
  • Previous Mortgage Loan Amount: $61,367
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Tracy



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Frequently Asked Questions

What neighborhood is 775 Otis Court located in?
The 775 Otis Court is a house located in the neighborhood of Tracy in Tracy, Tracy.
What is the average sales price for listings in 775 Otis Court?
The average sales price for units in 775 Otis Court is $0 currently.

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