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 $4,084 (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 2-car garage.

How long has this property been on the market?

This property was listed for 60 days.

Pending

$285,000

$153/sqft

Vip

470 16th Street, Owatonna, MN, 55060

4 Bedrooms2 Bathrooms1,861 Square Feet0.24 Acres

Days on market60

Year built1972

Garage spaces2

TypeResidential

Est. $5,550buyer credit when you buy with SODL

About this home

Beautiful and lovingly cared-for home for decades, with updates!… Great open floor plan with cheery natural light, both kitchen and bathroom upgrades, four comfortable bedrooms, and two fireplaces! The charm of this home is isn’t only inside; it offers mature trees, a lush, fenced backyard with both deck and patio, as well as two sheds, a heated garage with a large work bench and plenty of power; and extra wide driveway.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1972

LevelsFour or More Level Split

Living area1,861 sqft

Above-grade finished1,029 sqft

Below-grade finished832 sqft

Lot size0.24 acres (64 x 80 x 64 x 80)

Days on market60

ListedJul 30, 2026

MLS #NST7114115

CountySteele

SubdivisionVip

Parcel #172230114

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 1 full / 1 3/4
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories: Four or More Level Split
Garage: 2 spaces · 576 sqft
Parking features: Attached Garage, Heated Garage
Patio & porch: Deck, Patio
Exterior features: Metal
Fencing: Wood

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 1,029 sqft
Roof: Asphalt
Year built: 1972

Utilities

Water: City Water/Connected
Sewer: City Sewer/Connected
Fuel: Natural Gas

Community & HOA

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

Financial & listing details

Annual tax: $4,084 (2026)
Listed: Jul 30, 2026
Days on market: 60
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths1

3/4 baths1

Half baths0

1/4 baths0

BasementFinished, Full

HeatingForced Air

CoolingCentral Air

Fireplaces2

LaundryIn Basement

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

DiningInformal Dining Room

AmenitiesCable, Ceiling Fan(s), Deck, Kitchen Window, Natural Woodwork, Patio, Tile Floors, Washer/Dryer Hookup

AccessibilityNone

Exterior & lot

ExteriorMetal

RoofAsphalt

FoundationBlock

Foundation area1,029 sqft

Patio/porchDeck, Patio

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Heated Garage

Garage spaces2

Garage size576 sqft

Financial details

Annual taxes$4,084

Tax year2026

Taxes w/ assessments4084

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$5,550Estimated buyer credit

SODL platform fee $3,000Your buyer credit $5,550

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

$1,933/mo

Principal & interest$1,498

Property taxes$340

Home insurance (est.)$95

Down payment

$57,000

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.