NOT LISTED FOR SALE

550 Kim Ln Owatonna, MN 55060

Estimated Value: $235,000 - $260,000

2 Beds
2 Baths
1,660 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 28, 2013

Last sale price $136,500 $82 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,605/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Patio
  • Wood Flooring
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of August 2013

Appealing to the Eyes! This 2+ bedroom ranch offers 2 bathrooms, finished basement, double car garage and a yard that connects to the Leo RudolfPreserve. All kitchen appliances stay. Call today for your home of tomorrow. Sellers to reroof.

Last Buyer's Agent

Tim Anderson

Berkshire Hathaway Advantage RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,494

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 83x119
  • Few Trees

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 174140103

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,494

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 38
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 174140103
  • Stories: 1 Story
  • Taxes With Assessments: 1532
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 11.4x13.4, On Level: Main
  • Room 2: Bedroom, 11.2x9.10, On Level: Main
  • Room 4: Den/Office, 11.8x10.7, On Level: Lower
  • Room 5: Dining Room, 8.7x8, On Level: Main
  • Room 6: Family Room, 21.8x15.7, On Level: Lower
  • Room 9: Kitchen, 10.3x8, On Level: Main
  • Room 12: Living Room, 21x14.10, On Level: Main
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 912
  • Below Grade Finished Sq Ft: 748
  • Total Fin Square Footage: 1660
  • Total Square Footage: 1824

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Owatonna #761

Lot Info

  • Estimated Lot Dimensions: 83x119
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2013
  • Tax Value: 1494

MLS Schools

  • School District: Owatonna #761

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2017
Sold by
Smith Joshua and Smith Alyssa
Bought by
Michels Mark and Michels Barbara
Current Estimated Value
$248,392

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 28, 2013
Sold by
Fossum Aaron M and Fossum Margaret E
Bought by
Smith Joshua
Seller's Agent
Berkshire Hathaway Advantage RE
Buyer's Agent
Tim Anderson
Berkshire Hathaway Advantage RE
List Price
$134,900
Sold Price
$136,500
Premium/Discount to List
$1,600
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$139,776
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Michels Mark $146,000 North American Title
Smith Joshua $136,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Joshua $139,776
Previous Owner Fossum Aaron M $116,000
Previous Owner Fossum Aaron M $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2013 08/28/13 Sold $136,500 +1.2% $82 / Sq Ft
07/16/2013 07/16/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $134,900 -- $81 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,794 $208,500 $37,000 $171,500
2023 $2,792 $199,800 $33,600 $166,200
2022 $2,404 $191,500 $32,100 $159,400
2021 $2,398 $153,076 $28,028 $125,048
2020 $2,368 $151,018 $28,028 $122,990
2019 $2,120 $144,060 $24,304 $119,756
2018 $1,992 $138,180 $24,304 $113,876
2017 $1,880 $131,222 $25,480 $105,742
2016 $1,888 $125,734 $25,480 $100,254
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4505857

REALTOR® Association of Southern Minnesota

APN: 17-414-0103