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316 5th St NW, Ortonville, MN, 56278

1beds
1baths
640sqft
$56,000
$88price/sqft
$546/moest. monthly cost
$21,840/yrincome needed

About This Home

This quaint 1 bedroom 1 bath home is located close to the Ortonville school. It is surrounded by a wooded ravine and offers peaceful enjoyment. This home has been updated with new shingles in 2011, new water heater in 2013, and was completely reinsulated in 2014. There is beautiful woodwork and hardwood floors throughout the home. Also features a walk out basement and private off street parking.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

6/10
Knoll Elementary SchoolGrades PK-60.1 mi
6/10
Ortonville SecondaryGrades 7-120.1 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Concrete,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 120
  • Dimensions: 12X10

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 72
  • Dimensions: 12X6

Features

  • Finished area below ground: 0
  • Finished area above ground: 640

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 640
  • Total interior livable area: 640 sqft

Kitchen

  • Level: Main
  • Area: 81
  • Dimensions: 9X9

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 15X12

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 220343000
  • Zoning description: Residential-Single Family
  • Foundation area: 640

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 10,454 sqft
  • Lot size dimensions: 0

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather
Strong Wind
Hail
Heat Wave
Inland Flooding
Ice Storm
Tornado

FEMA Declared Disasters in Big Stone County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $283$3,396
Home Insurance *$53$636
Property Taxes $40$480
Electricity $170$2,050
Total$546$6,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$18,720/yr
40% on housing$16,380/yr
45% on housing$14,560/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.6%
12.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 22.2%
22.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$88This listing

vs Other Active Listings

Avg $/sqft

ZIP 56278$131
Big Stone County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 56278
Big Stone County$61

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-16Listed for sale$60,000
2022-12-07Listing removed--
2022-11-02Listed for sale$45,000
2019-04-12Sold$22,500
2019-02-11Listed for sale$22,500
2019-01-10Listing removed$27,500
2018-11-02Listed for sale$27,500
2012-07-02Sold$22,000
2012-01-05Listing removed$22,000
2011-09-10Price change$22,000
2011-06-11Price change$29,900
2011-06-03Listed for sale$35,000

For Sale by Agent

AgentJonathan Hartman
BrokerageShady Oak Realty

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