NOT LISTED FOR SALE

720 S Grove Ave Owatonna, MN 55060

5 Beds
2 Baths
1,636 Sq Ft
4,792 Sq Ft Lot

Last Sold September 19, 2024

Last sale price $160,000 $98 Per Sq Ft

7 Days on Market

About This Home

As of September 2024

Enhance your real estate portfolio with this 2-unit property, offering both immediate rental income and long-term equity growth. The main floor unit has 3 bedrooms, while the upper level unit features 2 comfortable bedrooms—each equipped with a full bathroom, a kitchen, and a generously sized living room. Whether you choose to live in one unit and rent the other, or lease both, this property provides a smart investment opportunity that can align with your financial goals. Take the next step in real estate today!

Last Listed By

Matt Gillard

RE/MAX Venture Listed on: 09/03/2024

RE/MAX Venture

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 126 x 39
  • Few Trees

Home Design

  • Duplex

Interior Spaces

  • 1,636 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Front Porch
  • Forced Air Heating System

Community Details

  • 2 Units
  • Phelps Add Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 171010613

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1636
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 1636
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s)
  • Appliances: Range
  • Total Rooms: 6
  • Appliances: Range
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Block,Concrete
  • PatioPorchType: Front Porch

Garage/Parking

  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Service - 60 Amp
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Owatonna
  • SchoolDistrictNumber: 761
  • SchoolDistrictPhone: 507-444-8610

Lot Info

  • Lot Size: 126 x 39
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 171010613
  • Tax Annual Amount: 2542
  • TaxWithAssessments: 2670.0000

Multi Family

  • TenantPays: All Utilities
  • Number Of Refrigerators: Two

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $160,000 +6.7% $98 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $149,900 -- $92 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6596281

NorthstarMLS