2 years on rocket

2896 Timber Ridge Dr NE, Owatonna, MN, 55060

$50,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #6127846
StatusActive

About 2896 Timber Ridge Dr NE

Northeast Owatonna development ready for you to build your home, open to any builder. Majestic Oaks subdivision, this lot has ample space to build and have a nice sized yard. Feels like living in the country, yet close to all amenities the city offers, all on blacktop roads.

Property Details

Property Features

Listing Office:

  • Office Name: LandProz Real Estate, LLC

Lot Features

Lot Information:

  • Lot: Corner Lot

School Info

Assigned Schools Information:

  • Owatonna Senior High School, Public District Grades 9-12
  • Owatonna Junior High School, Public District Grades 7-8
  • McKinley Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From State Ave in Owatonna,in .2 miles turn right onto W North St, in .5 miles turn left onto N Cedar Ave, in 1.1 miles at the roundabout take the first exit onto 26th St NE, in 1.5 miles turn left onto NE 24th Ave, in 600 ft turn right onto Timber Ridge Pl NE, in 500 feet destination on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $50,000

Tax Information:

  • Annual Amount: $2,030
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Owatonna, MN.

Med. Sold Price

$268K

Med. Price/SqFt

$147

Avg. Days On Market

50

# of Sold Homes

24

2896 Timber Ridge Dr NE vs Owatonna

895 DAYS ON ROCKET

+845 Days

$50,000

-$218K Less

KEY TAKEAWAY

This property is $218K less than the Median Sold Price in Owatonna, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6127846

Listing Office:

  • Office Name: LandProz Real Estate, LLC

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Property Sales & Tax

Listing History

Jul 03, 2006Home Sold
$212,700

Tax History

YEARPROP. TAXASSESSMENT
2021$2,030$34,300
2020$2,094$32,732
2019$646$29,792
2018$520$29,792
2017$1,214$23,814

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3244311
4
/10
  • McKinley Elementary School

  • 423 14th St NE

  • 1.68 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3244312
4
/10
  • Owatonna Junior High School

  • 500 15th St NE

  • 1.42 miles

  • Public District Grades 7-8

High School

school-card-donut-3244313
6
/10
  • Owatonna Senior High School

  • 333 E School St

  • 2.54 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,959. Typical income of Owatonna, MN residents is between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2896 Timber Ridge Dr NE

What is the listing price of this property?

The listing price of 2896 Timber Ridge Dr NE property is $50,000.

What type of property is this?

The property 2896 Timber Ridge Dr NE is land located in Owatonna, Minnesota, 55060.

Is this property for sale now?

Active Listing: 2896 Timber Ridge Dr NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2896 Timber Ridge Dr NE are:
McKinley Elementary School: GreatSchools Rating 4/10
Owatonna Junior High School: GreatSchools Rating 4/10
Owatonna Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,030 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 3, 2006 for $212,700. (source: MLS/tax record).
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Rocket HomesMinnesotaSteele CountyOwatonna550602896 Timber Ridge Dr NE

This home is located at 2896 Timber Ridge Dr NE in Owatonna, MN and zip code 55060. It has been listed on Rocket Homes since November 16, 2021 and is currently priced at $50,000.

In March 2024 more than 10 listings in Owatonna, MN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 8 were sold below. Between February 2024 and March 2024, Owatonna, MN real estate market has seen increase in the number of listings by 11.6%. In March 2024 median list price was $268,000 and the average listing age was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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