7 years on rocket

2875 Timber Ridge Dr NE, Owatonna, MN, 55060

$64,700

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #5032146
StatusActive

About 2875 Timber Ridge Dr NE

Beautiful development in Owatonna. Majestic Oaks offers a great variety of over-sized lots offers homeowners ample area to create their own beauty. Here you will be able to enjoy the feel of country living with the comforts of an inviting residential neighborhood. Open to all builders!

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Advantage Real Estate

Other

Directions Information:

  • Directions: Cedar St North to 26th St. Right on 26th St. to left on 24th to a right on White Oak Ln to right on Timber Ridge Dr. to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,700

Tax Information:

  • Annual Amount: $2,036
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$280K

Med. Price/SqFt

$149

Avg. Days On Market

30

# of Sold Homes

17

2875 Timber Ridge Dr NE vs Owatonna

2781 DAYS ON ROCKET

+2751 Days

$64,700

-$215.3K Less

KEY TAKEAWAY

This property is $215.3K 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: #5032146

Listing Office:

  • Office Name: Berkshire Hathaway Advantage Real Estate

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Last updated on: 12/25/2024, 1:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,036$34,594
2020$2,102$33,026
2019$652$30,086
2018$62$30,086
2017$64$4,018

History based on county public records data.

Payment Calculator

$390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$260

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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.

Nearby Schools

school-card-donut-1526390
4
/10
  • McKinley Elementary School

  • 1050 22nd St NE

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-1526391
6
/10
  • Washington Elementary School

  • 423 14th St NE

  • 1.55 miles

  • Public District Grades KG-5

school-card-donut-1526392
8
/10
  • Lincoln Elementary School

  • 747 Havana Rd

  • 2.92 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,959. Residents of Owatonna, MN typically earn between $35k-100k each year. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Owatonna, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Owatonna, MN?

Owatonna's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from classic Victorian to more contemporary designs, reflecting the city's historical roots and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact percentages of housing types are not specified, the variety caters to a range of preferences and needs.

Is Owatonna, MN a good place to live?

Owatonna prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its vibrant cultural scene, including annual festivals that highlight local traditions and bring residents together. The community's character is further defined by its well-maintained parks and public spaces, which serve as popular gathering spots and contribute to the city's welcoming atmosphere.

Are things conveniently located in Owatonna, MN?

The community is served by a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are comprehensive, with a local hospital providing a range of care including emergency services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments reflect Owatonna's local culture, offering both familiar and unique experiences.

What does the transportation in Owatonna, MN look like?

Owatonna's transport infrastructure supports both private and public transit options, with a focus on convenience and accessibility. The city's layout and design promote walkability in several areas, and there are bike-friendly routes for cycling enthusiasts. Major roads and highways connect residents to neighboring cities and regions, facilitating easy commutes and travel. Public transportation schedules are designed to meet the needs of the community, ensuring that residents can move around the city efficiently.

Frequently Asked Questions About 2875 Timber Ridge Dr NE

What is the listing price of this property?

The listing price of 2875 Timber Ridge Dr NE property is $64,700.

What type of property is this?

The property 2875 Timber Ridge Dr NE is land located in Owatonna, Minnesota, 55060.

Is this property for sale now?

Active Listing: 2875 Timber Ridge Dr NE is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,036 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaSteele CountyOwatonna550602875 Timber Ridge Dr NE

This home is located at 2875 Timber Ridge Dr NE in Owatonna, MN and zip code 55060. It has been listed on Rocket Homes since May 15, 2017 and is currently priced at $64,700.

Owatonna, MN housing market in November 2024 saw over 6 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. Between October 2024 and November 2024, Owatonna, MN real estate market has seen decrease in the number of listings by 6.1%. Listings spent 30 days on the market in November 2024, and had a median list price of $280,000 during the same period.

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

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