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 $2,796 (2025).

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 1-car garage.

How long has this property been on the market?

This property was listed for 27 days.

Sold / Closed

$260,000

Sold price · Closed May 15, 2026

$117/sqft

Alexander

316 Murray Street, Owatonna, MN, 55060

2 Bedrooms2 Bathrooms2,151 Square Feet0.242 Acres

Days on market27

Year built1952

Garage spaces1

TypeResidential

Est. $4,560buyer credit when you buy with SODL

About this home

Welcome to this charming ranch style home offering comfortable living and plenty of space to enjoy. This well maintained property features 2 bedrooms and 2 bathrooms, thoughtfully laid out for both convenience and privacy. The main level includes a bright and inviting living area, a formal dining room perfect for gatherings, and a functional kitchen where all appliances will stay with the home. Downstairs, the finished basement provides additional living space that can be used as a family room, home office, hobby area or entertainment area. Storage is abundant throughout the home, making it easy to stay organized. Step out the rear door to relax on the covered back porch-an ideal spot for morning coffee or unwinding in the evenings. Located in a great neighborhood, this home offers a wonderful combination of comfort, space, and practicality. Don't miss the opportunity to make this inviting ranch your next home!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1952

LevelsOne

Living area2,151 sqft

Above-grade finished1,166 sqft

Below-grade finished985 sqft

Lot size0.242 acres (80X133)

Days on market27

ListedMar 11, 2026

MLS #NST7033184

CountySteele

SubdivisionAlexander

Parcel #171390216

Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Bath breakdown: 1 full / 1 1/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: One
Garage: 1 space · 270 sqft
Parking features: Attached Garage
Patio & porch: Enclosed, Patio
Exterior features: Vinyl
Other structures: Storage Shed

Construction

Property type: Residential
Property subtype: Single Family
Construction materials: Concrete
Foundation: Block · 985 sqft
Roof: Age Over 8 Years, Asphalt
Year built: 1952

Utilities

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

Community & HOA

Subdivision: Alexander
HOA: No HOA
School district: 761 - Owatonna
High school district: Owatonna

Financial & listing details

Annual tax: $2,796 (2025)
Tax with assessments: 2860
Listed: Mar 11, 2026
Days on market: 27
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths0

Half baths0

1/4 baths1

BasementBlock, Daylight/Lookout Windows, Full, Sump Pump

HeatingForced Air

CoolingCentral Air

LaundryLower Level, Laundry Room

AppliancesDryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned

DiningSeparate/Formal Dining Room

AmenitiesHardwood Floors, Main Floor Primary Bedroom, Patio, Porch, Washer/Dryer Hookup

AccessibilityNone

Special featuresMain Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorVinyl

RoofAge Over 8 Years, Asphalt

FoundationBlock

Foundation area985 sqft

Patio/porchEnclosed, Patio

Lot featuresTree Coverage - Medium

Road frontageCity Street

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelElectric, Natural Gas

Parking & garage

ParkingAttached Garage

Garage spaces1

Garage size270 sqft

Financial details

Annual taxes$2,796

Tax year2025

Taxes w/ assessments2860

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$4,560Estimated buyer credit

SODL platform fee $3,000Your buyer credit $4,560

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

$1,641/mo

Principal & interest$1,324

Property taxes$233

Home insurance (est.)$84

Down payment

$50,400

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.