516 E School St, Owatonna, MN 55060
SOLD
NOV 7, 2025

516 E School St
Owatonna, MN 55060

  • 3 Beds
  • 1.5 Baths
  • 2,741 sqft

$207,000

Last Sold: Nov 7, 2025
10% below list $229K
$76/sqft

$207,000

Last Sold: Nov 7, 2025
10% below list $229K
$76/sqft
3 Beds
1.5 Baths
2,741 sqft

Local Information

  • Map ViewExplore the area around 516 E School St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.
516 E School St, Owatonna, MN 55060 is a 3 bedroom, 2 bathroom, 2,741 sqft single-family home built in 1950. It last sold for $207,000 on Nov 7, 2025 (10% below the $229,000 asking price). It is currently off market. The Trulia Estimate is $208,500, with a rent estimate of $1,862/month.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$76/sqft
Listed
180+ days ago

Home Details for 516 E School St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 7Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2741 Square FeetFoundation Area: 765
Appliances & Utilities
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener RentedDishwasherDryerLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Family RoomHas a Fireplace
Gas & Electric
Electric: Circuit Breakers, 100 Amp Service, Power Company: OtherGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Patio
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1976 Square Feet

Days on Market

Cumulative Days on Market: 105

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family
Building
Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 171360103

Price & Status

Price
List Price: $229,000Price Per Sqft: $76/sqft
Status Change & Dates
Off Market Date: Wed Oct 01 2025

Location

Direction & Address
City: OwatonnaCommunity: Replat Of Highland Park - Chambers
School Information
High School District: Owatonna

Building

Building Area
Building Area: 2741 Square Feet

HOA

No HOA

Lot Information

Lot Area: 8712 sqft

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6740888Above Grade Unfinished Area: 1976
Last check for updates: about 17 hours ago
Listed by Matthew Kern, (507) 676-1602
RE/MAX Venture
Bought with: Matthew Kern, (507) 676-1602, RE/MAX Venture
Source: NorthstarMLS as distributed by MLS GRID, MLS#6740888

Price History for 516 E School St

DatePriceEventSource
11/07/2025$207,000Sold
NorthstarMLS as distributed by MLS GRID #6740888
10/01/2025$229,000PendingNorthstarMLS as distributed by MLS GRID #6740888
07/21/2025$229,000PriceChange
NorthstarMLS as distributed by MLS GRID #6740888
06/18/2025$239,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6740888

Market trends in Owatonna

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$278K
$5.33KMoM
Sale-to-List Price
99.3%
0.6%MoM
Price per sq ft
$133
$0MoM
Available listings
111
8MoM
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Property Tax and Assessment

Year2025
Tax$2,636
Assessment$216,000
Home facts updated by county records

Comparable Sales for 516 E School St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
527 E Academy St, Owatonna, MN
0.04
Single-Family Home
$210,000
04/10/26
3
1
2,028
609 Harriet Ave, Owatonna, MN
0.16
Single-Family Home
$300,000
05/29/26
3
2
2,753
551 Agnes St, Owatonna, MN
0.12
Single-Family Home
$290,000
04/27/26
3
1.5
2,864
510 E School St, Owatonna, MN
0.01
Single-Family Home
$185,000
06/18/26
2
1
1,851
533 E Broadway St, Owatonna, MN
0.25
Single-Family Home
$215,000
05/20/26
3
1.5
2,155
571 E Academy St, Owatonna, MN
0.12
Single-Family Home
$250,000
06/22/26
4
1.5
2,937
603 E Academy St, Owatonna, MN
0.14
Single-Family Home
$239,900
06/29/26
3
1.5
1,321
719 Truman Ave, Owatonna, MN
0.32
Single-Family Home
$232,000
03/06/26
3
2
2,306
818 Lincoln Ave S, Owatonna, MN
0.29
Single-Family Home
$253,000
12/15/25
3
2
2,394

Nearby homes

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Assigned Schools

These are the assigned schools for 516 E School St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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

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Homes for sale near 516 E School St

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Off Market Homes Near 516 E School St

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Based on information submitted to the MLS GRID as of 2026-07-17 18:08:18 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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