Spacious, inviting, and full of opportunity — this 5-bedroom, 3-bath four-level home offers the perfect blend of comfort, functionality, and room to grow. Nestled in a desirable neighborhood, this property features a thoughtfully designed layout with generous living spaces ideal for both everyday living and entertaining.
The separate informal dining area provides a welcoming setting for gatherings, while multiple living levels offer flexibility for today’s dynamic lifestyles. The unfinished basement presents exciting potential to add your own personal touch — whether envisioning a cozy retreat, home office, gym, or entertainment space.
Enjoy the benefits of a large yard perfect for outdoor enjoyment, play, or future landscaping dreams. A two-stall garage adds convenience and storage, rounding out this well-appointed home with the opportunity to build equity through personalization.
A rare chance to secure space, versatility, and location — all in one property.
Closed
$289,900
475 Oakwood Ln, Owatonna, MN 55060
5beds
2,652sqft
Single Family
Built in 1976
0.74 Acres Lot
$288,800 Zestimate®
$109/sqft
$2,485 Estimated rent
Home value
$288,800
$260,000 - $323,000
$2,485/mo
Zestimate® history
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$1,864/mo
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List your homeWhat's special
Multiple living levelsGenerous living spacesSpacious invitingSeparate informal dining areaThoughtfully designed layout
Zillow last checked:
Listing updated:
Listed by:
Jennifer Fielding 507-390-1071,
eXp Realty,
Dan Nechville 507-456-8788
Bought with:
The Huerkamp Home Group
Keller Williams Preferred Rlty
Kaitlin Makarim
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7037523
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 115 Square Feet
- Dimensions: 10x11.5
Bedroom 2
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11x11
Bedroom 3
- Level: Upper
- Area: 188.5 Square Feet
- Dimensions: 13x14.5
Bedroom 4
- Level: Lower
- Area: 115 Square Feet
- Dimensions: 10x11.5
Bedroom 5
- Level: Lower
- Area: 141.75 Square Feet
- Dimensions: 13.5x10.5
Dining room
- Level: Main
- Area: 126 Square Feet
- Dimensions: 10.5x12
Family room
- Level: Lower
- Area: 156.25 Square Feet
- Dimensions: 12.5x12.5
Kitchen
- Level: Main
- Area: 120.75 Square Feet
- Dimensions: 11.5x10.5
Laundry
- Level: Lower
- Area: 59.5 Square Feet
- Dimensions: 8.5x7
Living room
- Level: Main
- Area: 231 Square Feet
- Dimensions: 16.5x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Lower Level
Features
- Basement: Block
- Has fireplace: No
Interior area
- Total structure area: 2,652
- Total interior livable area: 2,652 sqft
- Finished area above ground: 1,326
- Finished area below ground: 665
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Four or More Level Split
- Patio & porch: Patio
Lot
- Size: 0.74 Acres
Details
- Foundation area: 1326
- Parcel number: 172720203
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Other
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Brooktree
HOA
- Has HOA: No
Location
- Region: Owatonna
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $294,600
- Annual tax amount: $3,776
- Date on market: 3/23/2026
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Sold | $289,900$109/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7037523 Report a problem | ||
| 4/2/2026 | Pending sale | $289,900$109/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7037523 Report a problem | ||
| 3/23/2026 | Listed for sale | $289,900+25%$109/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7037523 Report a problem | ||
| 9/1/2023 | Sold | $232,000$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,840 +4.4% | $294,600 +7.4% |
| 2024 | $3,678 +0.7% | $274,200 +7.6% |
| 2023 | $3,654 +16.7% | $254,900 +5.2% |
| 2022 | $3,130 -0.2% | $242,200 +24.3% |
| 2021 | $3,136 -0.2% | $194,900 +1.1% |
| 2020 | $3,142 +11.5% | $192,800 +5.9% |
| 2019 | $2,818 -5.1% | $182,084 +4.2% |
| 2018 | $2,968 +5.4% | $174,734 -4% |
| 2017 | $2,816 | $181,986 +4.1% |
| 2016 | -- | $174,832 |
| 2015 | -- | -- |
| 2014 | -- | -- |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55060
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Nearby schools
GreatSchools rating
- 5/10Washington Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Owatonna Junior High SchoolGrades: 6-8Distance: 1 mi
- 8/10Owatonna Senior High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$288,800
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Estimated market value
$288,800
- Minnesota
- Steele County
- Owatonna
- 55060
- 475 Oakwood Ln
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