227 E School St, Owatonna, MN 55060
SOLD
FEB 5, 2026

$223,000

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,918 sqft

227 E School St, Owatonna, MN 55060

Est. Refi. Payment $1,507/mo*
Refinance Your Home
Currently Off Market - Sold Feb 5, 2026 for $125,000

Home Value

Trulia Estimate
$223K
Since last month
Increased$14K (+6.9%)
Since last year
Increased$11K (+5%)
Since last sale
Increased$98K (+78.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +121% in the last 10 years
MonthEstimated value
2026
September 2026$223K
August 2026$209K
July 2026$203K
June 2026$203K
May 2026$199K
April 2026$174K
March 2026$163K
February 2026$172K
January 2026$204K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
430 S Elm Ave, Owatonna, MN
0.08
Single-Family Home
$240,000
04/28/26
3
2
2,821
234 E School St, Owatonna, MN
0.04
Single-Family Home
$95,000
07/31/26
4
2
1,587
134 W University St, Owatonna, MN
0.29
Single-Family Home
$120,000
05/01/26
3
2
1,986
303 E Academy St, Owatonna, MN
0.10
Single-Family Home
$210,000
07/24/26
4
2
2,014
227 Phelps St E, Owatonna, MN
0.07
Single-Family Home
$214,300
08/14/26
3
1.5
1,281
216 Prospect St, Owatonna, MN
0.18
Single-Family Home
$215,000
01/23/26
4
2
2,478
139 Phelps St, Owatonna, MN
0.13
Single-Family Home
$284,900
09/08/26
3
2
2,101
233 E School St, Owatonna, MN
0.01
Single-Family Home
$270,000
03/06/26
3
1
2,277
122 E Rice St, Owatonna, MN
0.18
Single-Family Home
$227,400
08/07/26
4
1.5
2,388

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
234 Phelps St, Owatonna, MN 55060
0.03
$194,800
3
1
1,273
Off Market
233 E School St, Owatonna, MN 55060
0.01
$270,000
3
1
2,277
Recently Sold
244 Phelps St, Owatonna, MN 55060
0.05
$299,100
5
3
2,752
Off Market
218 Phelps St, Owatonna, MN 55060
0.04
$218,100
4
3
2,462
Off Market
239 Phelps St, Owatonna, MN 55060
0.06
$227,600
4
1.5
1,554
Off Market
517 S Elm Ave, Owatonna, MN 55060
0.05
$283,000
4
3
1,905
Off Market
227 Phelps St E, Owatonna, MN 55060
0.07
$214,300
3
1.5
1,281
Recently Sold
215 Phelps St E, Owatonna, MN 55060
0.07
$198,400
3
1.5
2,114
Off Market
245 Phelps St, Owatonna, MN 55060
0.08
$194,200
2
1
866
Off Market
234 E School St, Owatonna, MN 55060
0.04
$95,000
4
2
1,587
Recently Sold
251 Phelps St, Owatonna, MN 55060
0.09
$239,300
3
2
2,088
Off Market
248 E School St, Owatonna, MN 55060
0.06
$270,000
3
1.5
1,757
Recently Sold

Local Information

  • Map ViewExplore the area around 227 E School St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1922
2,918 sqft
$43/sqft
Garage

About this House

Character 3 bedroom, 2 bath, two story with formal dining room, kitchen and appliances, built-ins, 4-season porch, and lower level family room, master bedroom with large closet, and new shingles.
227 E School St, Owatonna, MN 55060 is a 3 bedroom, 2 bathroom, 2,918 sqft single-family home built in 1922. It last sold for $125,000 on Feb 5, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $223,000, with a rent estimate of $2,040/month.

Home Details for 227 E School St

Interior Features

Interior Details
BasementNumber of Rooms: 9
Levels, Entrance, & Accessibility
Stories: 2.5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: Stone
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Single Family Home

Price & Status

Price
Price Per Sqft: $43/sqft

Lot Information

Lot Area: 10346 sqft

Price and Tax history

DateEventPrice
Feb 5, 2026
Source: N/A
Sold
$125,000
Feb 12, 2014
Source: Agent Provided
ListingRemoved
$84,900
Jan 15, 2014
Source: Agent Provided
Listed For Sale
$84,900

Market trends in Owatonna

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$286K
$1.87KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$135
$6MoM
Available listings
133
4MoM

Around this home

What Locals Say about Owatonna

At least 111 Trulia users voted on each feature.

  • 89 % Say parking is easy

  • 89 % Say car is needed

  • 85 % Say yards are well-kept

  • 82 % Say it's dog friendly

  • 81 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 68 % Say it's quiet

  • 64 % Say streets are well-lit

  • 57 % Say neighbors are friendly

  • 53 % Say they plan to stay for at least 5 years

  • 50 % Say there are sidewalks

  • 45 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 34 % Say it's walkable to grocery stores

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Circleb46
    "This is a nice, quiet neighborhood with lots of young families with children. A lovely area. Very friendly people in this NE neighborhood. Safe to go for walks. Neighbors look out for each other. "
    9
    Flag
  • d m
    "quiet, well maintained, family oriented neighborhood. nice parks and walking/biking trails good schools. "
    0
    Flag
  • Ismael J.
    " Most of my neighbors have dogs and they dont bark at all its a great neighborhood.I think the only eyesour is that we get a lot more water on the subpump and you see alot of water running down the street."
    3
    Flag
  • Julian R.
    "steele county free fair. Minnesota's largest county fair and free admission which is the only free county fair in Minnesota "
    0
    Flag
  • bcat93
    "We have lived in this neighborhood for 3 years now and love every second of it. The neighborhood is perfectly located for kids as the elementary and middle school are very close and the high school isn't far either. Our area is also very quiet. No loud car sounds from busy roads. It's like country living, but being close to town!"
    0
    Flag
  • Mskristine k.
    "I’ve lived in this neighborhood almost 10 years...we seriously couldn’t ask for a better neighborhood. "
    0
    Flag
  • Nmunye
    "I have been living in this town almost all my life. My neighbors became like family and we all look out for one another. If your thinking about moving here I recommend it but it is a little boring not much to do for teenagers."
    0
    Flag
  • circleb46
    "doesn't take long and we are in downtown Owatonna! Easy to find our street as we are right off of Rose Street. Rose street takes us directly to downtown! nice! "
    0
    Flag
  • Sam P.
    "top of the hill, makes for nice sunsets. good neighbors, little traffic, a nice place to live. close to gas station, lake, and grocery stores."
    1
    Flag
  • 1967sundog
    "I lived in the Rose Street, Owatonna, Mn area for 13 years. It is unique for there are family homes and rental apartments side by side "
    0
    Flag
  • circleb46
    "Very friendly neighborhood! Absolutely love this area. Quiet streets. Neighbors look out for each other. Lived here in this area for almost 3 years and really like it! "
    0
    Flag
  • Dvberg78
    "we've been lucky in this neighborhood to have good long-standing neighbors that we get along with I worry somewhat about the future as some of the houses in our area are becoming rental properties"
    0
    Flag
  • Natasha A.
    "Wonderful Neighborhood! Great neighbors, Safe, Family Friendly, Close to parks, only 1 mile from scenic Downtown Owatonna. Beautiful wooded backyards with deer and great bird watching.Its a must see !"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 227 E School St

  • What is 227 E School St estimated to be worth?
    Trulia's estimated value for 227 E School St in Owatonna, MN is $223,000.
  • What is the price history for 227 E School St?
    227 E School St in Owatonna, MN last sold for $125,000 in February 2026.
  • Is Owatonna a buyer's or seller's market?
    Owatonna is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Owatonna?
    The median sale price in Owatonna is $286K. That is down $1.87K from the prior month.
  • How big is the lot at 227 E School St?
    The lot at 227 E School St in Owatonna, MN is about 0.24 acres (10,346 sq ft).
  • Does 227 E School St have a garage?
    Yes, 227 E School St in Owatonna, MN has a garage.

Explore by feature - Pet Friendly

7 pet-friendly rentals in Owatonna, MN

Explore by feature - Garage

13 rentals with a garage in Owatonna, MN

Explore by feature - Air Conditioning

28 rentals with air conditioning in Owatonna, MN

Explore by feature - Washer/dryer

20 rentals with a washer/dryer in Owatonna, MN

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 227 E School St

Skip to last item
Skip to first item

Homes for sale near 227 E School St

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item