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806 Reo Road

806 Reo Road, Watertown, MN 55388
Property in Watertown
Sold Jan 26, 2021
$205,000
$194,750 by Alerus Financial Na
Mortgage Due Feb 01, 2051
Sold Apr 19, 2002
$139,900
Local assessors in Watertown, MN have categorized 806 Reo Road as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 6,098 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 806 Reo Road has a total of 1,008 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 898 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 806 Reo Road sold most recently in Jan 7, 2021 for a total of $205,000. If you work out the math, that's approximately a cost of $203.37 per sqft. Before that, the property was also sold for $139,900 in Nov 29, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,516 in taxes each year. 806 Reo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $221,500. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $176,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 898
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,008
  • Gross Building Area: 2,466
  • 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: 0.14
  • Standard Land Use Code: Townhouse (residential)

Ownership

  • Current Owner : MACKEDANZ DAVID
  • Current Owner 2: MACKEDANZ NEVA
  • Previous Owner : SHERMAN NANCY A
  • Owner Before Previous Owner: SCHMIT GREGORY R
  • Owner Before Previous Owner 2: SCHMIT JODY L
  • 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: 85-3580120
  • Block: 1
  • Lot: 12
  • Meridian: SEC 08 TWN 117N RNG 25W
  • Municipality: CITY OF WATERTOWN
  • Latitude: 44.9571
  • Longitude: -93.8565

    Address

  • Full Address: 806 Reo Rd
  • Address - House Number: 806
  • Address - Street Name: Reo
  • Address - Suffix Type: Rd
  • State: MN
  • City Name: Watertown
  • Carrier Code: R002
  • 4-Digit Zip Code: 9282
  • Zip Code: 55388

Valuation

    Tax

  • Total Area: 1,626
  • Tax Year: 2024
  • Tax Amount: $2,516
  • Tax Rate Code Area: 111

    Appraisal Valuation

  • Standard Deviation: 0.1412
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 83
  • Final Value: 252,228
  • High Value: 287,861
  • Low Value: 216,595

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $419,500
  • First Open Lien Mortgage Lender: ALERUS FINANCIAL NA
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $194,750
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Loan Amount: $194,750
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: WINGS FINANCIAL CREDIT UNION
  • Third Open Lien Mortgage Recording Date: Jan 12, 2024
  • Third Open Lien Mortgage Loan Amount: $30,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Jan 12, 2054

    Market Valuation

  • Market Total Value: $221,500
  • Market Land Value: $45,000
  • Market Improvement Value: $176,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,500
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $176,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 07, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11822109612
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A716271
  • Previous Sale Recording Date: Apr 19, 2002
  • Previous Sale Contract Date: Nov 29, 2001
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALERUS FINANCIAL NA
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $194,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

About Watertown



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Frequently Asked Questions

What neighborhood is 806 Reo Road located in?
The 806 Reo Road is a located in the neighborhood of Watertown in Watertown, Watertown.
What is the average sales price for listings in 806 Reo Road?
The average sales price for units in 806 Reo Road is $0 currently.

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