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2385 1st Ave

Owatonna, MN 55060

4 bd 4 ba 2,187 sqft Built 1992 Lot 11,761 sqft single_family
Most recent sale
$340,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $340,000 MLS #6203288
Jun 6, 2022 Price changed $337,000 MLS #6203288
May 27, 2022 Listed $344,000 MLS #6203288
Nov 15, 2019 Sold $230,000 MLS #5241339

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $222,507 $4,238
2019 $225,232 $3,714
2018 $209,318 $3,722
2017 $208,773 $3,514
2016 $197,764 $3,480
2015 $194,276 $3,004
2014 $188,200 $3,208
2013 $197,700 $2,932
2012 $179,300 $3,054
2011 $187,700 $2,794
2010 $179,500 $26,900 $206,400 $2,802
2009 $192,400 $28,500 $220,900 $2,842
2006 $193,400 $31,700 $225,100 $2,586

Property facts

Year built
1992
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,187 sqft
Lot size
11,761 sqft
ZIP code
55060
City
Owatonna
Street
1st Ave
Coordinates
44.10765, -93.22494

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,281
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value

Frequently asked questions

When did 2385 1st Ave last sell?
2385 1st Ave most recently sold on Jul 22, 2022 for $340,000.
What is the current tax assessment for 2385 1st Ave?
The most recent total assessment for 2385 1st Ave (year 2020) is $222,507 with $4,238 in property tax.
How does 2385 1st Ave's assessment compare to its last sale price?
The current assessment is 34.6% below the last sale price of $340,000.
When was 2385 1st Ave built?
2385 1st Ave was built in 1992.
How does 2385 1st Ave compare to others on 1st Ave?
We track 4 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 2385 1st Ave?
2385 1st Ave is a 4 bed, 4 bath, 2,187 sqft, 11,761 sqft lot single_family.
Is 2385 1st Ave a flip candidate?
No — 2385 1st Ave does not appear in our flips dataset.
Is 2385 1st Ave a tax-appeal candidate?
No — 2385 1st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$271.7K
2026 Q4
$275.5K
ZIP 55060 — Median Price History + Forecast

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