Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $4,578 (2026).

What school district is this property in?

This property is in the 761 - Owatonna school district.

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property was listed for 64 days.

Sold / Closed

$370,000

Sold price · Closed Jul 30, 2026

$153/sqft

Meadow Lands No1

1255 Cottage Lane, Owatonna, MN, 55060

4 Bedrooms2 Bathrooms2,375 Square Feet0.263 Acres

Days on market64

Year built2002

Garage spaces3

TypeResidential

Est. $7,920buyer credit when you buy with SODL

About this home

Welcome to this inviting 4-bedroom, 2-bath home in Owatonna! Designed with both comfort and functionality in mind, this property offers two spacious living areas, perfect for spreading out, relaxing, or hosting gatherings with ease. The living room features a vaulted ceiling, creating an open and airy feel, while the lower level fireplace adds warmth and charm for cozy evenings. Step outside to the composite deck (2024), an ideal spot for entertaining, or enjoy additional outdoor living on the concrete patio. A fenced yard (2023) enhances the outdoor space, and a hot tub hookup is ready for your future relaxation plans. The home features a welcoming entryway, ready to showcase your personal style and make a lasting first impression. Recent updates provide peace of mind, including a new roof (2025), water softener (2024), and water heater (2021). Enjoy the charm and convenience of permanent trim lighting, perfect for celebrating holidays and special occasions year-round. The 3-car garage provides ample space for vehicles, storage, or hobbies. Conveniently situated in southeast Owatonna, this home offers easy access to Highway 14, I-35, shopping, dining, fairgrounds, and the high school. Don't miss the opportunity to make this versatile and move-in-ready home yours!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2002

LevelsSplit Entry (Bi-Level)

Living area2,375 sqft

Above-grade finished1,250 sqft

Below-grade finished1,125 sqft

Lot size0.263 acres (83 x 139)

Days on market64

ListedApr 22, 2026

MLS #NST7059826

CountySteele

SubdivisionMeadow Lands No1

Parcel #175490202

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned

Property

Levels / stories: Split Entry (Bi-Level)
Garage: 3 spaces · 768 sqft
Parking features: Attached Garage, Concrete, Insulated Garage
Patio & porch: Composite Decking, Patio
Exterior features: Stone, Vinyl
Fencing: Chain Link, Full

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Frame
Foundation: Block · 1,125 sqft
Roof: Age 8 Years or Less, Asphalt
Year built: 2002

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas
Electric: Circuit Breakers

Community & HOA

Subdivision: Meadow Lands No1
HOA: No HOA
School district: 761 - Owatonna
High school district: Owatonna

Financial & listing details

Annual tax: $4,578 (2026)
Tax with assessments: 4642
Listed: Apr 22, 2026
Days on market: 64
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementBlock, Finished, Full, Storage Space, Sump Pump

HeatingForced Air

CoolingCentral Air

Fireplaces1

LaundryIn Basement, Electric Dryer Hookup, Lower Level

AppliancesDishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned

DiningKitchen/Dining Room

AmenitiesCeiling Fan(s), Deck, Kitchen Window, Primary Bedroom Walk-In Closet, Other, Patio, Vaulted Ceiling(s), Washer/Dryer Hookup

AccessibilityNone

Exterior & lot

ExteriorStone, Vinyl

RoofAge 8 Years or Less, Asphalt

FoundationBlock

Foundation area1,125 sqft

Patio/porchComposite Decking, Patio

Lot featuresTree Coverage - Light

Road frontageCity Street, Paved Streets

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Insulated Garage

Garage spaces3

Garage size768 sqft

Financial details

Annual taxes$4,578

Tax year2026

Taxes w/ assessments4642

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$7,920Estimated buyer credit

SODL platform fee $3,000Your buyer credit $7,920

Buyer-side commission

3.0%

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

Tour homes with SODL’s flexible showing network
Submit offers and manage your transaction through the platform
Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,416/mo

Principal & interest$1,913

Property taxes$382

Home insurance (est.)$121

Down payment

$72,800

0%50%

Credit score

Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.