251 1st Ave SW Winnebago, MN 56098

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1 bath · 1,968 sq ft · Lot Size: 15,246 sq ft · Single Family Home
Est. Property Value: $176,600

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251 1st Ave SW is in the 56098 neighborhood of Winnebago, MN. It is located in Faribault County and ZIP code 56098. This Single Family Home was built in 1970 and is approximately 55 years old. The single family home spans 1968 sq ft with 1 bathroom and sits on a 15246 sq ft lot. According to public records, it was last sold in 2010 for $146,000 and has a tax-assessed value of $176,600, which is $90 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 251 1st Ave SW Winnebago, MN 56098 with Property Intel by Whitepages.

Owners & Occupancy for 251 1st Ave SW

This property is owned by Joanne M Hoffman. Owner contact information includes 10 phone numbers and 5 email addresses.

Property Owners

OccupationCashier, First National Bank In Winnebago
Cell Phone(507) ***-****View Cell Phone
Residence*************
Landline(763) 689-6743
Distance from Property**********
Email Address***********@hotmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*************** age 95
Resident 2**************** age 70
Resident 3****************** age 40

Property Financials for 251 1st Ave SW

251 1st Ave SW, Winnebago, MN has a mortgage from Wells Fed'l Bk Fsb (orig. September 27, 2013). The Faribault county assessment for 2023 values it at $176,600, with annual taxes of $2,814.

Mortgage & Equity Information

Loan Amount$******
LenderWells Fed'l Bk Fsb
Origination DateSeptember 27, 2013
Interest Rate****%
Term15 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateMay 17, 2010
Property Tax Amount$2,814 in 2024
Purchase Price$146,000
Assessed Value$176,600 on 2023

Investment Potential for 251 1st Ave SW

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Property Details for 251 1st Ave SW

Property Details

Property Sq Ft

Living Area

1,968 sq ft

29% above market

Lot Size

15,246 sq ft

2% above market

Price Per Sq Ft

Living Area

$90 / sq ft

30% above market

Lot Size Area

$12 / sq ft

1088% above market

Property condition, age, exterior, etc. for 251 1st Av…
Longitude: -94.171369 Latitude: 43.76699 Parcel Number (APN): 31.448.0160…

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Market Benchmarks

Compare data for 251 1st Ave SW in Faribault County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$176,600
$184,174
-$7,574 (-4%)
YoY Price Change
Year Built
1970
1979
-9 years
Living Space
1,968 sq ft
1,344 sq ft
624 (46%)
$ Per Living Sq Ft
$90
$151
-$61 (-41%)
Lot Size
15,246 sq ft
18,913 sq ft
-3667 (-19%)
$ Per Lot Sq Ft
$12
$7
$5 (74%)

Net Operating Income
Annual Revenue
Net Operating Income
Cap Rate
Home Value Comparison: Property vs. Local and Regional undefined-Bed Single Family Home Medians

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