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245 Larch Ave

Owatonna, MN 55060

1 bd 2 ba 1,380 sqft Built 1930 Lot 7,841 sqft single_family
Most recent sale
$120,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2023 Sold $173,475 NorthstarMLS
Mar 3, 2023 Sold $158,200 NorthstarMLS
Dec 22, 2021 Sold $120,000 MLS #6106662
Nov 2, 2021 Price changed $119,999 MLS #6106662
Oct 19, 2021 Price changed $129,000 MLS #6106662
Sep 29, 2021 Listed $135,000 MLS #6106662
Aug 2, 2010 Sold $35,900 MLS #3894606
Mar 12, 2010 Listed $49,900 MLS #4019038
Mar 10, 2010 Listed $39,900 MLS #3894606
Sep 7, 2004 Listing removed $98,000 Southeastminnesota
Jan 13, 2004 Listed $98,000 MLS #2802997

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $77,100 $20,600 $97,700 $1,766
2020 $77,100 $20,600 $97,700 $1,738
2019 $71,100 $20,600 $91,700 $1,526
2018 $67,800 $17,600 $85,400 $972
2017 $49,742 $890
2016 $45,060 $834
2015 $41,700 $724
2014 $40,300 $772
2013 $42,200 $722
2012 $39,900 $792
2011 $44,500 $836
2010 $65,100 $9,100 $74,200 $864
2009 $75,000 $9,700 $84,700 $974
2006 $85,400 $10,700 $96,100 $834

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
1
Baths
2
Living area
1,380 sqft
Lot size
7,841 sqft
ZIP code
55060
City
Owatonna
Street
Larch Ave
Coordinates
44.08706, -93.21200

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 245 Larch Ave last sell?
245 Larch Ave most recently sold on Dec 22, 2021 for $120,000.
What is the current tax assessment for 245 Larch Ave?
The most recent total assessment for 245 Larch Ave (year 2021) is $97,700 with $1,766 in property tax.
How does 245 Larch Ave's assessment compare to its last sale price?
The current assessment is 18.6% below the last sale price of $120,000.
When was 245 Larch Ave built?
245 Larch Ave was built in 1930.
How does 245 Larch Ave compare to others on Larch Ave?
We track 5 other properties on Larch Ave. Browse the list under "Other properties on Larch Ave" to compare beds, baths, and sale history.
What are the property facts for 245 Larch Ave?
245 Larch Ave is a 1 bed, 2 bath, 1,380 sqft, 7,841 sqft lot single_family.
Is 245 Larch Ave a flip candidate?
Yes — 245 Larch Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 245 Larch Ave a tax-appeal candidate?
No — 245 Larch 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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