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2435 Watertower Ln

Owatonna, MN 55060

4 bd 3 ba 2,762 sqft Built 2004 Lot 13,939 sqft single_family
Most recent sale
$406,000
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $406,000 MLS #6248155
Aug 29, 2022 Price changed $399,900 MLS #6248155
Aug 12, 2022 Listed $409,900 MLS #6248155
Sep 1, 2006 Sold $274,900 MLS #2916610
Mar 6, 2006 Listed $274,900 MLS #2916610

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $269,377 $4,758
2019 $253,572 $4,384
2018 $248,340 $4,610
2017 $260,112 $4,454
2016 $252,482 $4,940
2015 $240,492 $4,392
2014 $232,600 $4,568
2013 $236,700 $4,368
2012 $220,100 $4,632
2011 $234,900 $4,302
2010 $225,100 $24,600 $249,700 $4,392
2009 $241,900 $26,000 $267,900 $4,504
2006 $246,800 $25,400 $272,200 $384

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,762 sqft
Lot size
13,939 sqft
ZIP code
55060
City
Owatonna
Street
Watertower Ln
Coordinates
44.10857, -93.19761

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,143
Gross rental yield
12.25%
Implied cap rate
7.96%
Trend-extrapolated value

Frequently asked questions

When did 2435 Watertower Ln last sell?
2435 Watertower Ln most recently sold on Oct 7, 2022 for $406,000.
What is the current tax assessment for 2435 Watertower Ln?
The most recent total assessment for 2435 Watertower Ln (year 2020) is $269,377 with $4,758 in property tax.
How does 2435 Watertower Ln's assessment compare to its last sale price?
The current assessment is 33.7% below the last sale price of $406,000.
When was 2435 Watertower Ln built?
2435 Watertower Ln was built in 2004.
How does 2435 Watertower Ln compare to others on Watertower Ln?
We track 5 other properties on Watertower Ln. Browse the list under "Other properties on Watertower Ln" to compare beds, baths, and sale history.
What are the property facts for 2435 Watertower Ln?
2435 Watertower Ln is a 4 bed, 3 bath, 2,762 sqft, 13,939 sqft lot single_family.
Is 2435 Watertower Ln a flip candidate?
No — 2435 Watertower Ln does not appear in our flips dataset.
Is 2435 Watertower Ln a tax-appeal candidate?
No — 2435 Watertower Ln 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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