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575 Mineral Springs Rd

Owatonna, MN 55060

2 bd 2 ba 1,453 sqft Built 1934 Lot 8,233 sqft single_family
Most recent sale
$164,000
Mar 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 14, 2022 Sold $164,000 MLS #6136672
Dec 20, 2021 Listed $159,900 MLS #6136672
Jul 24, 2020 Sold $140,000 MLS #5577412
Jun 4, 2020 Listed $134,900 MLS #5577412
Apr 4, 2019 Sold $115,430 MLS #5143173
Jan 29, 2019 Listed $121,000 MLS #5143173
Jul 15, 2016 Sold $110,000 MLS #4703678
May 19, 2016 Listed $107,900 MLS #4070479
Apr 17, 2016 Listed $107,900 MLS #4703678

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $84,622 $1,666
2019 $76,992 $1,442
2018 $62,277 $1,190
2017 $58,026 $1,114
2016 $59,007 $1,140
2015 $55,500 $966
2014 $51,700 $926
2013 $49,200 $876
2012 $57,200 $994
2011 $79,000 $7,600 $86,600 $986
2010 $85,500 $8,100 $93,600 $990
2006 $90,400 $9,000 $99,400 $914

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,453 sqft
Lot size
8,233 sqft
ZIP code
55060
City
Owatonna
Street
Mineral Springs Rd
Coordinates
44.09345, -93.21319

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$984
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 575 Mineral Springs Rd last sell?
575 Mineral Springs Rd most recently sold on Mar 14, 2022 for $164,000.
What is the current tax assessment for 575 Mineral Springs Rd?
The most recent total assessment for 575 Mineral Springs Rd (year 2020) is $84,622 with $1,666 in property tax.
How does 575 Mineral Springs Rd's assessment compare to its last sale price?
The current assessment is 48.4% below the last sale price of $164,000.
When was 575 Mineral Springs Rd built?
575 Mineral Springs Rd was built in 1934.
How does 575 Mineral Springs Rd compare to others on Mineral Springs Rd?
We track 8 other properties on Mineral Springs Rd. Browse the list under "Other properties on Mineral Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 575 Mineral Springs Rd?
575 Mineral Springs Rd is a 2 bed, 2 bath, 1,453 sqft, 8,233 sqft lot single_family.
Is 575 Mineral Springs Rd a flip candidate?
Yes — 575 Mineral Springs Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 575 Mineral Springs Rd a tax-appeal candidate?
No — 575 Mineral Springs Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$271.7K
2026 Q4
$275.5K
ZIP 55060 — Median Price History + Forecast

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