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 $3,846 (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 3-car garage.

How long has this property been on the market?

This property was listed for 58 days.

Sold / Closed

$340,000

Sold price · Closed Aug 10, 2026

$159/sqft

Emerald Acres

720 Richway Lane, Owatonna, MN, 55060

4 Bedrooms2 Bathrooms2,196 Square Feet0.242 Acres

Days on market58

Year built2000

Garage spaces3

TypeResidential

Est. $7,497buyer credit when you buy with SODL

About this home

Beautiful 4-bedroom, 2-bath home featuring a spacious 3-car attached garage and an inviting open layout perfect for everyday living and entertaining. Enjoy cozy evenings by the gas fireplace, large family room, and spacious dining and kitchen spaces offering plenty of room for gatherings and relaxation. The kitchen has wonderful quartz countertops. Enjoy new paint throughout. A newer HVAC system provides peace of mind. The fully fenced backyard provides privacy and room for pets, play, or outdoor entertaining. Mature trees provide partial shade so you can enjoy a bit of respite from the sun. This well-maintained property combines comfort, functionality, and space both inside and out. Don’t miss the opportunity to make this exceptional home yours!

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built2000

LevelsSplit Entry (Bi-Level)

Living area2,196 sqft

Above-grade finished1,108 sqft

Below-grade finished1,088 sqft

Lot size0.242 acres (83x126)

Days on market58

ListedMay 26, 2026

MLS #NST7080757

CountySteele

SubdivisionEmerald Acres

Parcel #175220202

Facts & features

Interior

Bedrooms: 4
Bathrooms: 2
Bath breakdown: 2 full
Heating: Forced Air
Cooling: Central Air
Basement: Finished, Full · 1,088 sqft finished

Property

Levels / stories: Split Entry (Bi-Level)
Garage: 3 spaces · 28X30 · 840 sqft
Parking features: Attached Garage
Exterior features: Vinyl
Lot size: 0.242 acres
Lot dimensions: 83x126

Construction

Property type: Residential
Property subtype: Single Family
Foundation: Block · 1,108 sqft
Year built: 2000

Utilities

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

Community & HOA

Subdivision: Emerald Acres
HOA: No HOA
School district: 761 - Owatonna
High school district: Owatonna

Financial & listing details

Annual tax: $3,846 (2025)
Listed: May 26, 2026
Days on market: 58
Manufactured home: Yes

Interior details

Total bathrooms2

Full baths2

3/4 baths0

Half baths0

1/4 baths0

BasementFinished, Full

HeatingForced Air

CoolingCentral Air

Fireplaces1

AccessibilityNone

Exterior & lot

ExteriorVinyl

FoundationBlock

Foundation area1,108 sqft

ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage

Garage spaces3

Garage size840 sqft

Financial details

Annual taxes$3,846

Tax year2025

Taxes w/ assessments3846

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District761 - Owatonna

District number761

District phone5074448610

High schoolOwatonna

SODL flat fee brokerage

$7,497Estimated buyer credit

SODL platform fee $3,000Your buyer credit $7,497

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

$2,276/mo

Principal & interest$1,839

Property taxes$321

Home insurance (est.)$117

Down payment

$69,980

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.