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 $3,462 (2026).

What school district is this property in?

This property is in the 763 - Medford school district.

Does this home have a garage?

Yes, this home has a 2-car garage.

How long has this property been on the market?

This property has been listed for 30 days.

Listed at

$334,787

$138/sqft

203 3rd Street

203 3rd Street, Medford, MN, 55049

3 Bedrooms3 Bathrooms2,434 Square Feet0.28 Acres

Days on market30

Year built1977

Garage spaces2

TypeResidential

Est. $7,044buyer credit when you buy with SODL

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About this home

Great commuting location just off of I35 located between Owatonna and Faribault. This beautifully finished one level home features an open floor plan, main level laundry, 3 bedrooms on main level including a primary suite with walk in closet. Lower level is fully finished with plenty of space for entertaining and amusement area as well as a work space corner and family room. The lower level also features a sauna and lots of storage space.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1977

LevelsOne

Living area2,434 sqft

Above-grade finished1,360 sqft

Below-grade finished1,074 sqft

Lot size0.28 acres (80x80)

Days on market30

ListedMar 31, 2026

MLS #NST7046319

CountySteele

Parcel #161012307

Facts & features

Interior

Bedrooms: 3
Bathrooms: 3
Bath breakdown: 1 full / 2 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Other, Range, Refrigerator, Water Softener Owned

Property

Levels / stories: One
Garage: 2 spaces · 506 sqft
Parking features: Attached Garage
Patio & porch: Patio
Exterior features: Stone, Metal
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Foundation: None · 1,316 sqft
Roof: Age 8 Years or Less
Year built: 1977

Utilities

Water: City Water/Connected
Sewer: City Sewer - In Street
Fuel: Natural Gas

Community & HOA

HOA: No HOA
School district: 763 - Medford
High school district: Medford

Financial & listing details

Annual tax: $3,462 (2026)
Tax with assessments: 3526
Listed: Mar 31, 2026
Days on market: 30 · 6 cumulative
Manufactured home: Yes

Interior details

Total bathrooms3

Full baths1

3/4 baths2

Half baths0

1/4 baths0

BasementEgress Window(s), Concrete

HeatingForced Air

CoolingCentral Air

LaundryLaundry Room, Main Level

AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Other, Range, Refrigerator, Water Softener Owned

DiningInformal Dining Room

AmenitiesPatio, Sauna, Walk-In Closet

AccessibilityNone

Special features3 BR on One Level, Main Floor Primary, Main Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorStone, Metal

RoofAge 8 Years or Less

FoundationNone

Foundation area1,316 sqft

Patio/porchPatio

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer - In Street

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces2

Garage size506 sqft

Financial details

Annual taxes$3,462

Tax year2026

Taxes w/ assessments3526

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District763 - Medford

District number763

District phone5074515250

High schoolMedford

SODL flat fee brokerage

$7,044Estimated buyer credit

SODL platform fee $3,000Your buyer credit $7,044

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

$2,160/mo

Principal & interest$1,759

Property taxes$289

Home insurance (est.)$112

Down payment

$66,957

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.