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1071 Anderson Pl, Owatonna, MN, 55060

3beds
2baths
1,377sqft
$299,900
$218price/sqft
$2,222/moest. monthly cost
$88,880/yrincome needed

About This Home

Welcome home to this freshly updated 3-bedroom, 2-bathroom rambler in the heart of Owatonna. This spacious home features modern updates throughout, including a new kitchen/dining room, an updated bathroom, and hardwood flooring throughout. All three bedrooms are conveniently located on the main floor. You can enjoy the newly built-in fireplace or spend summer evenings on the back patio. The basement is unfinished will the ability to finish it to add an additional bedroom/living area. The exterior offers fresh concrete alongside the garage, a new fence in the backyard, and a new storage shed equipped with electricity. Don’t miss out on this solid, well-built 1955 home.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
Wilson Elementary SchoolGrades K-50.7 mi
6/10
8/10

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Age Over 8 Years,Asphalt
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Block,Sump Pump,Unfinished

Bedroom

  • Level: Main
  • Area: 108
  • Dimensions: 9x12

Bedroom2

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Bedroom3

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 10x12

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,377

Heating & Cooling

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

Interior Area

  • Total structure area: 2,754
  • Total interior livable area: 1,377 sqft

Kitchen

  • Level: Main
  • Area: 140
  • Dimensions: 10x14

Living Room

  • Level: Main
  • Area: 294
  • Dimensions: 21x14

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 171600101
  • Zoning description: Residential-Single Family
  • Foundation area: 1377

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio
  • Fencing: Chain Link

Lot

  • Lot size: 0.33 Acres
  • Features: Corner Lot,Tree Coverage - Light
  • Lot size dimensions: 140 x 104

Parking

  • Total spaces: 1
  • Parking features: Attached,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Winter Weather

FEMA Declared Disasters in Steele 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 $1,516$18,192
Home Insurance *$228$2,736
Property Taxes $308$3,696
Electricity $170$2,050
Total$2,222$26,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,182/yr
40% on housing$66,660/yr
45% on housing$59,253/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: 10.7%
10.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$218This listing

vs Other Active Listings

Avg $/sqft

ZIP 55060$142
Steele County$143

vs Homes Sold Last Month

Median $/sqft

ZIP 55060$145
Steele County$128

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
2026-08-07Pending sale$299,900
2026-07-16Listed for sale$299,900
2024-05-29Sold$268,000
2024-04-23Pending sale$259,900
2024-04-14Listed for sale$259,900
2021-11-16Listing removed--
2021-11-01Listed for rent$1,400
2021-04-16Sold$145,000
2021-03-26Pending sale$150,000
2021-03-23Listed for sale$150,000

For Sale by Agent

AgentTaviah Welch
BrokerageWeichert, REALTORS- Heartland

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