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314 State Ave

Owatonna, MN 55060

2 bd 1 ba 1,048 sqft Built 1900 Lot 8,712 sqft single_family
Most recent sale
$185,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $185,000 MLS #6179059
Apr 20, 2022 Listed $179,900 MLS #6179059

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,678 $2,486
2023 $89,418 $1,510
2022 $62,604 $1,192
2021 $57,481 $1,120
2020 $55,192 $1,128
2019 $47,562 $936
2018 $53,557 $1,040
2017 $49,633 $968
2016 $46,690 $928
2015 $46,800 $832
2014 $58,100 $1,026
2013 $54,500 $960
2012 $62,700 $1,082
2011 $78,200 $13,500 $91,700 $1,094
2010 $89,800 $14,300 $104,100 $1,140
2006 $100,000 $15,800 $115,800 $1,034

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,048 sqft
Lot size
8,712 sqft
ZIP code
55060
City
Owatonna
Street
State Ave
Coordinates
44.08665, -93.23667

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,572
Gross rental yield
10.20%
Implied cap rate
6.63%
Trend-extrapolated value

Frequently asked questions

When did 314 State Ave last sell?
314 State Ave most recently sold on Jun 13, 2022 for $185,000.
What is the current tax assessment for 314 State Ave?
The most recent total assessment for 314 State Ave (year 2025) is $159,678 with $2,486 in property tax.
How does 314 State Ave's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $185,000.
When was 314 State Ave built?
314 State Ave was built in 1900.
How does 314 State Ave compare to others on State Ave?
We track 8 other properties on State Ave. Browse the list under "Other properties on State Ave" to compare beds, baths, and sale history.
What are the property facts for 314 State Ave?
314 State Ave is a 2 bed, 1 bath, 1,048 sqft, 8,712 sqft lot single_family.
Is 314 State Ave a flip candidate?
No — 314 State Ave does not appear in our flips dataset.
Is 314 State Ave a tax-appeal candidate?
No — 314 State Ave 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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