503 Elm Ave
Owatonna, MN 55060
4 bd 3 ba 3,656 sqft Built 1903 Lot 6,499 sqft single_family
Most recent sale
$337,500
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $337,500 | MLS #6240847 |
| Jul 27, 2022 | Listed | $314,900 | MLS #6240847 |
| Jan 27, 2017 | Sold | $175,000 | Public Record |
| May 26, 2016 | Price changed | $172,900 | MLS #4070981 |
| May 16, 2016 | Listed | $179,900 | MLS #4070981 |
| Feb 21, 2013 | Listed | $229,900 | MLS #4042979 |
| Feb 20, 2013 | Listed | $229,900 | MLS #5117531 |
| May 15, 2012 | Listed | $249,900 | MLS #4037484 |
| Jan 26, 2009 | Sold | $40,000 | Public Record |
| Jul 1, 2006 | Sold | $91,000 | Public Record |
| Feb 18, 2005 | Listed | $119,900 | MLS #2904913 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $158,088 | $3,040 |
| 2019 | — | — | $159,723 | $2,742 |
| 2018 | — | — | $152,747 | $4,104 |
| 2017 | — | — | $230,900 | $4,182 |
| 2016 | $222,900 | $15,600 | $238,500 | $4,118 |
| 2015 | $217,500 | $15,600 | $233,100 | $3,678 |
| 2014 | $217,500 | $16,600 | $234,100 | $3,642 |
| 2013 | $214,000 | $13,500 | $227,500 | $2,960 |
| 2012 | $167,800 | $15,400 | $183,200 | $3,114 |
| 2011 | $181,400 | $12,300 | $193,700 | $2,634 |
| 2010 | $172,600 | $12,300 | $184,900 | $788 |
| 2009 | $43,800 | $13,000 | $56,800 | $866 |
| 2006 | $120,200 | $14,500 | $134,700 | $1,264 |
Property facts
Year built
1903
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,656 sqft
Lot size
6,499 sqft
ZIP code
55060
City
Owatonna
Street
Elm Ave
Coordinates
44.08041, -93.22322
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,025
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Elm Ave last sell?
503 Elm Ave most recently sold on Sep 2, 2022 for $337,500.
What is the current tax assessment for 503 Elm Ave?
The most recent total assessment for 503 Elm Ave (year 2020) is $158,088 with $3,040 in property tax.
How does 503 Elm Ave's assessment compare to its last sale price?
The current assessment is 53.2% below the last sale price of $337,500.
When was 503 Elm Ave built?
503 Elm Ave was built in 1903.
How does 503 Elm Ave compare to others on Elm Ave?
We track 8 other properties on Elm Ave. Browse the list under "Other properties on Elm Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Elm Ave?
503 Elm Ave is a 4 bed, 3 bath, 3,656 sqft, 6,499 sqft lot single_family.
Is 503 Elm Ave a flip candidate?
No — 503 Elm Ave does not appear in our flips dataset.
Is 503 Elm Ave a tax-appeal candidate?
No — 503 Elm Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$271.7K
2026 Q4
$275.5K
ZIP 55060 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elm Ave