Zip Code
316 1st Ave NW, Winnebago, MN 56098
4 beds · 1 bath · 1,776 sq ft · Lot: 20,909 sq ft · Single Family Home · Last Sold: $27.5K in 1993 · Built: 1910
Est. Rent:
$2.3K/month

316 1st Ave NW Winnebago, MN 56098

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4 beds · 1 bath · 1,776 sq ft · Lot Size: 20,909 sq ft · Single Family Home

Owned for 25 - 50 YearsOwner Age 65 - 75

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316 1st Ave NW 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 1910 and is approximately 115 years old. The single family home spans 1776 sq ft with 4 bedrooms and 1 bathroom and sits on a 20909 sq ft lot. According to public records, it was last sold in 1993 for $27,500 and has a tax-assessed value of $70,200. Analyze and compare real estate investment strategies for properties like this home at 316 1st Ave NW Winnebago, MN 56098 with Property Intel by Whitepages.

Investment Potential for 316 1st Ave NW

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Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
—
Occupancy Rate
87%in 56098 zip code
 
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Owners & Occupancy for 316 1st Ave NW

This property is owned by Teresa C McGinnis. Owner contact information includes 5 phone numbers and 5 email addresses.

Property Owners

Residence*************
Landline(831) 338-7321
Distance from Property**********
Email Address********@msn.comView Email

Residence*************
Landline(507) 388-8893
Distance from Property**********
Email Address********@gmail.comView Email
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Property Ownership Information

Purchase DateOctober 25, 1993
Property Tax Amount$838 in 2024
Purchase Price$27,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 69
Resident 2************************ age 71

Property Details for 316 1st Ave NW

Property Details

Property Sq Ft

Living Area

1,776 sq ft

14% below market

Lot Size

20,909 sq ft

0% above market

Property condition, age, exterior, etc. for 316 1st Av…
Longitude: -94.1721 Latitude: 43.768539 Parcel Number (APN): 31.643.0400…
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Market Benchmarks

Compare data for 316 1st Ave NW in Faribault County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
—
—
—
—
—
—
YoY Price Change
—
—
—
Year Built
1910
1987
-77 years
Living Space
1,776 sq ft
2,316 sq ft
-540 (-23%)
$ Per Living Sq Ft
—
—
—
Lot Size
20,909 sq ft
14,246 sq ft
6663 (47%)
$ Per Lot Sq Ft
—
—
—

Net Operating Income
$*****
$19,897
$2,620 (13%)
Annual Revenue
$27,000
$31,200
-$4,200 (-13%)
$****
$11,153
-$6,670 (-60%)
Net Operating Income
$*****
$19,897
$2,620 (13%)
Cap Rate
—
—
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians