8132 Ogren Ave NE Elk River, MN 55330

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2 beds · 1 bath · 1,512 sq ft · Lot Size: 44,995 sq ft · Single Family Home
Est. Property Value: $192,165

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8132 Ogren Ave NE is in the 55330 neighborhood of Elk River, MN. It is located in Wright County and ZIP code 55330. This Single Family Home was built in 1973 and is approximately 52 years old. The single family home spans 1512 sq ft with 2 bedrooms and 1 bathroom and sits on a 44995 sq ft lot. According to public records, it was last sold in 1986 for $28,000 and has a tax-assessed value of $183,700, which is $127 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 8132 Ogren Ave NE Elk River, MN 55330 with Property Intel by Whitepages.

8132 Ogren Ave NE

Elk River, MN 55330

Owner Info

Owners & Occupancy for 8132 Ogren Ave NE

This property is owned by David J Erwin. Owner contact information includes 2 phone numbers and 3 email addresses.

Property Owners

Residence*************
Landline(952) 441-3769
Distance from Property**********
Email Address******************@gmail.comView Email
Residence*************
Landline(952) 441-3769
Distance from Property**********
Email Address********@comcast.netView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 84
Resident 2************* age 81

Property Financials for 8132 Ogren Ave NE

8132 Ogren Ave NE, Elk River, MN has no known mortgage. The Wright county assessment for 2023 values it at $183,700, with annual taxes of $1,692.

Property Tax

Purchase DateApril 30, 1986
Property Tax Amount$1,692 in 2023
Purchase Price$28,000
Assessed Value$183,700 on 2023

Investment Potential for 8132 Ogren Ave NE

The property has a current estimated value of $192,165, which is 19% below the zip median, based on public records. It last sold on April 30, 1986 for $28K. Projected long-term
is $27,600 annually ($2,300 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$27,600 per year($2,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 55330 zip code
 
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Property Details for 8132 Ogren Ave NE

Property Details

Property Sq Ft

Living Area

1,512 sq ft

3% above market

Lot Size

44,995 sq ft

839% above market

Price Per Sq Ft

Living Area

$127 / sq ft

21% below market

Lot Size Area

$4 / sq ft

92% below market

Property condition, age, exterior, etc. for 8132 Ogren…
Longitude: -93.584325 Latitude: 45.268841 Parcel Number (APN): 118-032-002160…

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Discover more single family homes near 8132 Ogren Ave NE in Elk River, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 8132 Ogren Ave NE in Wright County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$192,165
$247,775
-$55,609 (-22%)
YoY Price Change
3.27%
-177%
Year Built
1973
1975
-2 years
Living Space
1,512 sq ft
1,258 sq ft
254 (20%)
$ Per Living Sq Ft
$127
$190
-$63 (-33%)
Lot Size
44,995 sq ft
8,712 sq ft
36283 (416%)
$ Per Lot Sq Ft
$4
$26
-$21 (-83%)

Net Operating Income
$18,185
$2,617 (14%)
Annual Revenue
$27,600
$26,400
$1,200 (5%)
$8,177
-$1,379 (-17%)
Net Operating Income
$18,185
$2,617 (14%)
Cap Rate
7.21%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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