Welcome home to this charming Colonial style beauty with three levels finished plus plenty of attic space! Great construction and full of character touches, in beautifully maintained condition, this home offers three bedrooms plus an office. The primary bedroom is exceptionally spacious, and the upper level walks out to an open porch. The laundry area is wide open and finished, and the home has original wood flooring through and through, with a tastefully fully renovated bath. And an amazing bonus: three garage stalls for everything you may possibly need!
Closed
$287,900
516 E Academy St, Owatonna, MN 55060
3beds
2,292sqft
Single Family
Built in 1940
10,454 Square Feet Lot
$290,100 Zestimate®
$126/sqft
$1,898 Estimated rent
Home value
$290,100
$241,000 - $348,000
$1,898/mo
Zestimate® history
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$1,830/mo
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$1,830/mo
Est. payment
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List your homeWhat's special
Original wood flooringColonial style beautyThree bedroomsFully renovated bathAttic space
Zillow last checked:
Listing updated:
Listed by:
Erin R. Gillespie 507-451-7488,
ERA Gillespie Real Estate
Bought with:
Jeffrey Feigal
Orange House Realty LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6692563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Office
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: Block,Finished,Full
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,292
- Total interior livable area: 2,292 sqft
- Finished area above ground: 1,556
- Finished area below ground: 736
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
Lot
- Size: 10,454 Square Feet
- Dimensions: 66 x 158
Details
- Foundation area: 736
- Parcel number: 171360203
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Replat Of Highland Park - Chambers
HOA
- Has HOA: No
Location
- Region: Owatonna
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $262,900
- Annual tax amount: $3,458
- Date on market: 10/1/2025
- Cumulative days on market: 7 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2025 | Sold | $287,900+4.7%$126/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6692563 Report a problem | ||
| 4/8/2025 | Pending sale | $274,900$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6692563 Report a problem | ||
| 4/1/2025 | Listed for sale | $274,900+69.7%$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6692563 Report a problem | ||
| 3/10/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/20/2015 | Sold | $162,000-4.1%$71/sqft |
Source: Public Record Report a problem | ||
| 8/21/2015 | Listed for sale | $169,000-2.9%$74/sqft |
Source: Owner Report a problem | ||
| 6/30/2015 | Listing removed | $174,000$76/sqft |
Source: Owner Report a problem | ||
| 6/9/2015 | Listed for sale | $174,000+4.2%$76/sqft |
Source: Owner Report a problem | ||
| 8/29/2013 | Sold | $167,000+3.7%$73/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2072843 Report a problem | ||
| 4/22/2009 | Sold | $161,000$70/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,458 +3.5% | $262,900 +8.4% |
| 2024 | $3,342 -0.5% | $242,600 +7.3% |
| 2023 | $3,358 +5.7% | $226,200 +4.1% |
| 2022 | $3,178 +6.6% | $217,300 +14.1% |
| 2021 | $2,980 +3.5% | $190,400 +7.3% |
| 2020 | $2,880 +13.1% | $177,500 +9.4% |
| 2019 | $2,546 +11.7% | $162,288 +7.5% |
| 2018 | $2,280 +8.9% | $151,018 +3.4% |
| 2017 | $2,094 | $146,118 +6.7% |
| 2016 | -- | $137,004 |
| 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: 1.1 mi
- 6/10Owatonna Junior High SchoolGrades: 6-8Distance: 1.3 mi
- 8/10Owatonna Senior High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$290,100
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Estimated market value
$290,100
- Minnesota
- Steele County
- Owatonna
- 55060
- 516 E Academy St
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