6 months on rocket

883 Escalade Ln SE, Owatonna, MN, 55060

$440,000

Home List Price

$5,225*

Closing Credit

2 Bedrooms
1 Full Bath
1,633 SqFt
$269/SqFt
House
Schools Nearby

Location

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883 Escalade Ln SE, Owatonna$440,000

Buyer Closing Credits

$5,225*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Floor Drain, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingForced Air, Fireplace(s)
CoolingCentral Air
BasementYes
MLS #6452067
StatusActive

About 883 Escalade Ln SE

Are you looking for independent living but want the benefit from an association? A place where you don't need to care for the lawn or snow removal but would still like a garden, a utility shed or a fence? Then this is the place for you! Let the association take care of the hard work so that you can enjoy the good life! There are two sizes to choose from that are both currently permitted and under construction in this development. The open floor plans are roomy and loaded with an abundance of natural light. They are just the right size for everyday living or entertaining. You will appreciate the natural light and granite countertops in the kitchen, living room fireplace, a sunroom to relax, and the owners suite with a walk in closet and private bath. An added bonus is the spacious 2 car garage. Information and pictures are from a similar home built in 2022/2023. Finishes and room sizes may vary slightly. It's not just a "NEW PATIO HOME" that you are buying, it's a "NEW WAY OF LIFE"!

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 1,633 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway Advantage Real Estate

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Floor Drain, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Owatonna Senior High School, Public District Grades 9-12
  • Owatonna Junior High School, Public District Grades 7-8
  • Lincoln Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Hwy 14 East, take Bixby Road Exit, Go North, Turn West (left) on 18th St. SE, Turn South (left) on Truman Ave, Turn East (left) on Escalade Lane SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $440,000
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $538
  • 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

883 Escalade Ln SE vs Owatonna

186 DAYS ON ROCKET

+136 Days

$440,000

+$172K More

$269/SqFt

+$121 More

KEY TAKEAWAY

This property is $172K more than the Median Sold Price and $121/SqFt more than other homes in Owatonna, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6452067

Listing Office:

  • Office Name: Berkshire Hathaway Advantage Real Estate

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Property Sales & Tax

Listing History

May 19, 2020Home Sold
$560,000
Jul 22, 2011Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$538$25,774
2020$564$24,500
2019$530$24,500
2018$486$24,500
2017$482$22,344

History based on county public records data.

Payment Calculator

$2,414

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,386

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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-2019349
7
/10
  • Lincoln Elementary School

  • 747 Havana Rd

  • 0.81 miles

  • Public District Grades KG-6

Middle School

school-card-donut-2019350
4
/10
  • Owatonna Junior High School

  • 500 15th St NE

  • 2.73 miles

  • Public District Grades 7-8

High School

school-card-donut-2019351
6
/10
  • Owatonna Senior High School

  • 333 E School St

  • 1.51 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,471. Residents of Owatonna, MN typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 883 Escalade Ln SE

What is the listing price of this property?

The listing price of 883 Escalade Ln SE property is $440,000.

What type of property is this?

The property 883 Escalade Ln SE is a house located in Owatonna, Minnesota, 55060.

Is this property for sale now?

Active Listing: 883 Escalade Ln SE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 883 Escalade Ln SE are:
Lincoln Elementary School: GreatSchools Rating 7/10
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 $538 (source: MLS/based on county public records data).

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

The last sale was on May 19, 2020 for $560,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 883 Escalade Ln SE has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 883 Escalade Ln SE is 1,633 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 883 Escalade Ln SE is 2023.

Rocket Homes›Minnesota›Steele County›Owatonna›55060›883 Escalade Ln SE

This home is located at 883 Escalade Ln SE in Owatonna, MN and zip code 55060. This 1,633 square foot home was built in 2023. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2023 and is currently priced at $440,000.

In March 2024, from all listings sold in Owatonna, MN there were more than 10 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. Between February 2024 and March 2024, Owatonna, MN real estate market has seen increase in the number of listings by 11.6%. While the average time on the market in March 2024 was 50 days, the median list price was $268,000.

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

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