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  • $282,000

    531 E School St, Owatonna, MN 55060

    2beds
    2,222sqft
    Single Family
    Built in 1952
    0.33 Acres Lot
    $275,600 Zestimate®
    $127/sqft
    $1,826 Estimated rent

    Home value

    $275,600

    $229,000 - $331,000

    $1,826/mo

    Zestimate® history
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    What's special

    Welcome to this charming and well cared for Owatonna rambler featuring 2 bedrooms and 2 bathrooms. Enjoy hardwood floors, a bright and inviting living space, and a generous dining area perfect for gatherings. The kitchen offers ample cabinet space, stainless steel appliances, and a cozy breakfast nook. Relax in the screened porch or entertain in the finished lower level complete with a built-in bar. Step outside to a spacious backyard with a new privacy fence - perfect for enjoying the summer months. With comfortable room sizes, a full bath featuring both a walk-in shower and soaking tub, and a convenient location near parks, schools, and local amenities, this move-in-ready home offers a great blend of comfort and character.

    Zillow last checked:

    Listing updated:

    Listed by:

    Caleb Carlson 701-520-8569,

    Real Broker, LLC,

    Molly Muehlbauer 651-434-2485

    Bought with:

    Duane Ringhofer

    Help-U-Sell Heritage Real Est.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715766MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 172.36 Square Feet
    • Dimensions: 12'2"x14'2"
    Bedroom 2
    • Level: Main
    • Area: 166.15 Square Feet
    • Dimensions: 12'1"x13'9"
    Bathroom
    • Level: Main
    • Area: 66.99 Square Feet
    • Dimensions: 8'10"x7'7"
    Bathroom
    • Level: Lower
    • Area: 39.38 Square Feet
    • Dimensions: 5'3"x7'6"
    Dining room
    • Level: Main
    • Area: 147.5 Square Feet
    • Dimensions: 9'10"x15
    Foyer
    • Level: Main
    • Area: 27.81 Square Feet
    • Dimensions: 7'5"x3'9"
    Foyer
    • Level: Main
    • Area: 27.81 Square Feet
    • Dimensions: 7'5"x3'9"
    Kitchen
    • Level: Main
    • Area: 175.53 Square Feet
    • Dimensions: 14'10"x11'10"
    Laundry
    • Level: Lower
    • Area: 241.31 Square Feet
    • Dimensions: 12'2"x19'10"
    Living room
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 12'X15'
    Recreation room
    • Level: Lower
    • Area: 772.58 Square Feet
    • Dimensions: 31'9"x24'4"
    Screened porch
    • Level: Main
    • Area: 108.69 Square Feet
    • Dimensions: 11'9"x9'3"
    Storage
    • Level: Lower
    • Area: 218.51 Square Feet
    • Dimensions: 12'1"x18'1"
    Utility room
    • Level: Lower
    • Area: 210 Square Feet
    • Dimensions: 12'x17'6"
    Utility room
    • Level: Main
    • Area: 13.81 Square Feet
    • Dimensions: 4'3"x3'3"
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Basement: Full,Partially Finished
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,222 sqft
    • Finished area above ground: 1,319
    • Finished area below ground: 903

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.33 Acres
    • Dimensions: 80 x 80
    Details
    • Foundation area: 1440
    • Parcel number: 170151439
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Owatonna

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $249,300
    • Annual tax amount: $3,030
    • Date on market: 5/10/2025
    • Cumulative days on market: 1 day

    Price history

    DateEventPrice
    7/9/2025Listing removed$279,900$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6748733 Report a problem
    7/2/2025Listed for sale$279,900-0.7%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6748733 Report a problem
    6/20/2025Sold$282,000+0.8%$127/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715766 Report a problem
    5/18/2025Pending sale$279,900$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715766 Report a problem
    5/16/2025Listed for sale$279,900+16.7%$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715766 Report a problem
    3/17/2023Sold$239,900$108/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6239623 Report a problem
    2/23/2023Pending sale$239,900$108/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6239623 Report a problem
    1/26/2023Listed for sale$239,900+73.1%$108/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6239623 Report a problem
    1/8/2016Sold$138,552-12.3%$62/sqft
    Source: Public Record Report a problem
    7/17/2006Sold$157,900$71/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,304 +9%$249,300 +3.6%
    2024$3,030 +0.6%$240,600 +12.2%
    2023$3,012 +14.4%$214,500 +4.9%
    2022$2,632 +5.4%$204,500 +21.4%
    2021$2,498 +2.2%$168,400 +5.7%
    2020$2,444 +14.2%$159,300 +7.8%
    2019$2,140 +0.2%$147,784 +6.1%
    2018$2,136 $139,258 +0.4%
    2017$2,136 $138,670 -0.4%
    2016-- $139,258
    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
    $275,600
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    Estimated market value
    $275,600