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 $3,594 (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 2-car garage.

How long has this property been on the market?

This property was listed for 35 days.

Sold / Closed

$300,000

Sold price · Closed May 8, 2026

$155/sqft

Mathews # 3

550 20th Street NE, Owatonna, MN, 55060

3 Bedrooms2 Bathrooms1,940 Square Feet0.244 Acres

Days on market35

Year built1981

Garage spaces2

TypeResidential

Est. $6,000buyer credit when you buy with SODL

About this home

This south-facing rambler has been extremely well-kept. The main floor has it all with an open concept layout highlighted by big bright windows, hardwood floors and large spaces. Kitchen boasts tons of storage, butcher block countertops and a breakfast bar. The main floor is finished with a full bathroom and 3 Bedrooms Lower level is partially finished to include huge family room with unlimited potential, full bathroom and future 4th bedroom (currently an exercise room, easily add an egress window to complete the 4th bedroom). Large backyard gets tons of sunlight making it great for gardening or those summertime BBQ's. Enjoy the benefits of the extra storage space provided by the shed. Top it all off with a heated attached garage! Welcome home!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1981

LevelsOne

Living area1,940 sqft

Above-grade finished1,040 sqft

Below-grade finished900 sqft

Lot size0.244 acres (88x121)

Days on market35

ListedMar 9, 2026

MLS #NST7032628

CountySteele

SubdivisionMathews # 3

Parcel #173600126

Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories: One
Garage: 2 spaces · 25'5"x24'11" · 658 sqft
Parking features: Attached Garage, Concrete, Heated Garage, Insulated Garage
Exterior features: Vinyl
Other structures: Storage Shed
Lot size: 0.244 acres

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 1,040 sqft
Roof: Asphalt, Pitched
Year built: 1981

Utilities

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

Community & HOA

Subdivision: Mathews # 3
HOA: No HOA
School district: 761 - Owatonna
High school district: Owatonna

Financial & listing details

Annual tax: $3,594 (2025)
Listed: Mar 9, 2026
Days on market: 35
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementBlock, Drain Tiled, Full, Partially Finished, Sump Pump

HeatingForced Air

CoolingCentral Air

LaundryLower Level, Laundry Room

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer

DiningInformal Dining Room

AmenitiesExercise Room, French Doors, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Washer/Dryer Hookup

AccessibilityNone

Special features3 BR on One Level, Main Floor Primary, Main Floor Bedroom

Exterior & lot

ExteriorVinyl

RoofAsphalt, Pitched

FoundationBlock

Foundation area1,040 sqft

Lot featuresTree Coverage - Light

Road frontageCurbs

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Heated Garage, Insulated Garage

Garage spaces2

Garage size658 sqft

Financial details

Annual taxes$3,594

Tax year2025

Taxes w/ assessments3594

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$6,000Estimated buyer credit

SODL platform fee $3,000Your buyer credit $6,000

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

$1,976/mo

Principal & interest$1,577

Property taxes$300

Home insurance (est.)$100

Down payment

$60,000

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.