131 School St
Owatonna, MN 55060
3 bd 2 ba 1,891 sqft Built 1894 Lot 8,886 sqft single_family
Most recent sale
$250,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 7, 2022 | Sold | $250,000 | MLS #6205098 |
| Jun 1, 2022 | Listed | $225,000 | MLS #6205098 |
| Jun 13, 2011 | Listing removed | $152,000 | NorthstarMLS |
| Dec 8, 2010 | Listing removed | $152,000 | Southeastminnesota |
| Oct 1, 2010 | Price changed | $152,000 | MLS #4023521 |
| Aug 11, 2010 | Listed | $154,900 | MLS #4023521 |
| Sep 27, 2002 | Sold | $117,000 | MLS #2599494 |
| Mar 28, 2002 | Listed | $114,900 | MLS #2599494 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $231,900 | $34,000 | $265,900 | $3,996 |
| 2020 | — | — | $120,592 | $2,232 |
| 2019 | — | — | $108,929 | $1,600 |
| 2018 | — | — | $78,954 | $2,026 |
| 2017 | — | — | $104,700 | $176 |
| 2006 | $126,700 | $12,600 | $139,300 | $1,392 |
Property facts
Year built
1894
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,891 sqft
Lot size
8,886 sqft
ZIP code
55060
City
Owatonna
Street
School St
Coordinates
44.08035, -93.22738
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
$2,837
Gross rental yield
13.62%
Implied cap rate
8.85%
Trend-extrapolated value
—
Frequently asked questions
When did 131 School St last sell?
131 School St most recently sold on Jul 7, 2022 for $250,000.
What is the current tax assessment for 131 School St?
The most recent total assessment for 131 School St (year 2025) is $265,900 with $3,996 in property tax.
How does 131 School St's assessment compare to its last sale price?
The current assessment is 6.4% above the last sale price of $250,000.
When was 131 School St built?
131 School St was built in 1894.
How does 131 School St compare to others on School St?
We track 8 other properties on School St. Browse the list under "Other properties on School St" to compare beds, baths, and sale history.
What are the property facts for 131 School St?
131 School St is a 3 bed, 2 bath, 1,891 sqft, 8,886 sqft lot single_family.
Is 131 School St a flip candidate?
No — 131 School St does not appear in our flips dataset.
Is 131 School St a tax-appeal candidate?
No — 131 School St 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 School St