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1048 Elm Ave

Owatonna, MN 55060

3 bd 1 ba 1,333 sqft Built 1928 Lot 9,583 sqft single_family
Most recent sale
$191,500
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $191,500 MLS #6217324
Jun 13, 2022 Listed $180,000 MLS #6217324
Aug 14, 2020 Sold $160,000 MLS #5560115
May 1, 2020 Listed $148,000 MLS #5560115
May 29, 2013 Sold $106,000 MLS #4043182
Apr 9, 2013 Price changed $109,900 MLS #4043182
Mar 1, 2013 Listed $114,900 MLS #4043182

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $110,237 $1,838
2019 $93,996 $1,628
2018 $87,783 $1,758
2017 $95,086 $1,650
2016 $89,309 $1,622
2015 $86,911 $1,354
2014 $80,700 $1,610
2013 $95,500 $1,466
2012 $86,500 $1,638
2011 $98,000 $1,708
2010 $108,600 $15,500 $124,100 $1,724
2009 $128,700 $16,400 $145,100 $1,874
2006 $139,600 $18,200 $157,800 $1,612

Property facts

Year built
1928
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,333 sqft
Lot size
9,583 sqft
ZIP code
55060
City
Owatonna
Street
Elm Ave
Coordinates
44.07385, -93.22394

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,000
Gross rental yield
12.53%
Implied cap rate
8.15%
Trend-extrapolated value

Frequently asked questions

When did 1048 Elm Ave last sell?
1048 Elm Ave most recently sold on Jul 22, 2022 for $191,500.
What is the current tax assessment for 1048 Elm Ave?
The most recent total assessment for 1048 Elm Ave (year 2020) is $110,237 with $1,838 in property tax.
How does 1048 Elm Ave's assessment compare to its last sale price?
The current assessment is 42.4% below the last sale price of $191,500.
When was 1048 Elm Ave built?
1048 Elm Ave was built in 1928.
How does 1048 Elm Ave compare to others on Elm Ave?
We track 8 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 1048 Elm Ave?
1048 Elm Ave is a 3 bed, 1 bath, 1,333 sqft, 9,583 sqft lot single_family.
Is 1048 Elm Ave a flip candidate?
No — 1048 Elm Ave does not appear in our flips dataset.
Is 1048 Elm Ave a tax-appeal candidate?
No — 1048 Elm 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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