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2878 Timber Ridge Dr

Owatonna, MN 55060

Lot 16,117 sqft land
Most recent sale
$46,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $46,000 MLS #5032157
Apr 8, 2019 Price changed $52,395 MLS #5032157
Dec 10, 2018 Listed $49,900 MLS #5032157
Dec 10, 2018 Listing removed $44,900 NorthstarMLS
May 15, 2017 Listed $49,900 MLS #4079731
May 12, 2017 Listed $49,900 MLS #5032157
Jul 26, 2012 Listing removed $44,900 Mankato
Nov 10, 2011 Listing removed $44,900 Southeastminnesota
Jul 3, 2006 Listed $44,900 MLS #3464220

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,629 $7,370
2023 $37,500 $37,500 $1,954
2022 $34,400 $34,400 $2,002
2021 $32,900 $32,900 $2,018
2020 $29,900 $29,900 $2,084
2019 $29,900 $29,900 $634
2018 $4,100 $4,100 $62
2017 $4,100 $4,100 $64
2016 $4,100 $4,100 $64
2015 $4,500 $4,500 $62
2014 $3,000 $3,000 $42
2013 $3,000 $3,000 $42
2012 $4,200 $4,200 $60
2011 $4,200 $4,200 $88
2010 $7,500 $7,500 $88

Property facts

Year built
Property type
land
Stories
Beds
Baths
Living area
Lot size
16,117 sqft
ZIP code
55060
City
Owatonna
Street
Timber Ridge Dr
Coordinates
44.11259, -93.19237

Block-level micro-comps

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

Frequently asked questions

When did 2878 Timber Ridge Dr last sell?
2878 Timber Ridge Dr most recently sold on Jun 29, 2022 for $46,000.
What is the current tax assessment for 2878 Timber Ridge Dr?
The most recent total assessment for 2878 Timber Ridge Dr (year 2025) is $414,629 with $7,370 in property tax.
How does 2878 Timber Ridge Dr's assessment compare to its last sale price?
The current assessment is 801.4% above the last sale price of $46,000.
When was 2878 Timber Ridge Dr built?
The year built for 2878 Timber Ridge Dr is not in our records.
How does 2878 Timber Ridge Dr compare to others on Timber Ridge Dr?
We track 8 other properties on Timber Ridge Dr. Browse the list under "Other properties on Timber Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 2878 Timber Ridge Dr?
2878 Timber Ridge Dr is a 16,117 sqft lot land.
Is 2878 Timber Ridge Dr a flip candidate?
No — 2878 Timber Ridge Dr does not appear in our flips dataset.
Is 2878 Timber Ridge Dr a tax-appeal candidate?
Yes — 2878 Timber Ridge Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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