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  • $207,000

    516 E School St, Owatonna, MN 55060

    3beds
    2,741sqft
    Single Family
    Built in 1950
    8,712 Square Feet Lot
    $202,700 Zestimate®
    $76/sqft
    $1,966 Estimated rent

    Home value

    $202,700

    $170,000 - $241,000

    $1,966/mo

    Zestimate® history
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    What's special

    Hardwood flooringBackyard patioFamily roomUnique rooftop patio
    Take a step in the right direction with this charming 2-story home with generous space for everyday living and entertaining. The main level offers both a large living room and a family room—perfect for hosting guests or relaxing with loved ones. Upstairs, you'll find 3 good sized bedrooms, 2 of which feature hardwood flooring and plenty of space to unwind. A full bath on the upper level and a convenient half bath on the main floor add functionality. Step out from the upper level onto a unique rooftop patio—an ideal spot for morning coffee or evening sunsets. Additional updates include a new electrical panel and fresh exterior paint. A backyard patio and a 2-stall garage round out this home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Kern 507-676-1602,

    RE/MAX Venture

    Bought with:

    Matthew Kern

    RE/MAX Venture

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6740888MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 167.04 Square Feet
    • Dimensions: 11.6 x 14.4
    Bedroom 2
    • Level: Upper
    • Area: 239.36 Square Feet
    • Dimensions: 13.6 x 17.6
    Bedroom 3
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12 x 11
    Dining room
    • Level: Main
    • Area: 124 Square Feet
    • Dimensions: 10 x 12.4
    Family room
    • Level: Main
    • Area: 149.6 Square Feet
    • Dimensions: 8 x 18.7
    Kitchen
    • Level: Main
    • Area: 151.2 Square Feet
    • Dimensions: 13.5 x 11.2
    Living room
    • Level: Main
    • Area: 273 Square Feet
    • Dimensions: 13 x 21
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Rented
    • Laundry: In Basement
    Features
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Family Room
    Interior area
    • Total structure area: 2,741
    • Total interior livable area: 2,741 sqft
    • Finished area above ground: 1,976
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66 x 133
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 765
    • Parcel number: 171360103
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service, Power Company: Other
    • 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: $76/sqft
    • Tax assessed value: $216,000
    • Annual tax amount: $2,636
    • Date on market: 6/18/2025
    • Cumulative days on market: 105 days

    Price history

    DateEventPrice
    11/7/2025Sold$207,000-9.6%$76/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740888 Report a problem
    10/1/2025Pending sale$229,000$84/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740888 Report a problem
    7/21/2025Price change$229,000-4.2%$84/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740888 Report a problem
    6/18/2025Listed for sale$239,000$87/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740888 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,636 +5%$216,000 +8.7%
    2024$2,510 -1.6%$198,700 +9.1%
    2023$2,550 +7.4%$182,100 +2.6%
    2022$2,374 +7.2%$177,400 +14.7%
    2021$2,214 +1.2%$154,600 +7.1%
    2020$2,188 +19.6%$144,400 +6.9%
    2019$1,830 +1.9%$135,142 +9.9%
    2018$1,796 +8.8%$122,990 +1.6%
    2017$1,650 $121,030 +6.5%
    2016-- $113,680
    2015-- --
    2014-- --
    2013-- --
    2012-- --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 55060

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $202,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $202,700