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2055 Edgewood Dr, Owatonna, MN, 55060

4beds
2baths
2,604sqft
$339,900
$131price/sqft
$2,541/moest. monthly cost
$101,640/yrincome needed

About This Home

Beautifully updated four bedroom home on over half an acre in a fantastic neighborhood close to parks and schools! This home offers amazing space to spread out with inviting living areas on every level, including a large main level living room, a walkout lower level family room with a cozy brick fireplace, and a game room perfect for entertaining, hobbies, or movie nights. The updated kitchen features newer stainless steel appliances, great workspace, and easy flow into the main living areas. Upstairs, you’ll find three spacious bedrooms on the same level, while the oversized attached two car garage is both insulated and heated for year round comfort. There’s even a dedicated basement woodshop and exceptional storage throughout the home. Step outside and enjoy the beautiful backyard complete with a deck, paver patio, firepit, and plenty of private green space to relax or entertain. Recent updates include two new patio doors, two new Andersen Windows, a new water softener, and a Ring security system for added peace of mind. From the charming front porch to the warm and welcoming feel throughout, this is the kind of home that simply feels right the moment you walk in. Welcome home!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
5/10
8/10

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Age Over 8 Years

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,Laundry Room,Sink

Basement

  • Has basement: Yes
  • Basement: Block,Finished,Full,Sump Pump,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 130
  • Dimensions: 13x10

Bedroom2

  • Level: Upper
  • Area: 160
  • Dimensions: 16x10

Bedroom3

  • Level: Upper
  • Area: 160
  • Dimensions: 16x10

Bedroom4

  • Level: Lower
  • Area: 140
  • Dimensions: 14x10

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

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

Family Room

  • Level: Lower
  • Area: 140
  • Dimensions: 14x10

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 978
  • Finished area above ground: 1,302

Heating & Cooling

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

Interior Area

  • Total structure area: 2,604
  • Total interior livable area: 2,604 sqft

Kitchen

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Living Room

  • Level: Main
  • Area: 192
  • Dimensions: 16x12

Recreation Room

  • Level: Lower
  • Area: 208
  • Dimensions: 16x13

Storage

  • Level: Lower
  • Area: 99
  • Dimensions: 11x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 170022112
  • Zoning description: Residential-Single Family
  • Foundation area: 1302

Features

  • Levels: Four or More Level Split
  • Patio & porch: Deck,Front Porch,Patio
  • Fencing: Partial,Wood

Lot

  • Lot size: 0.52 Acres
  • Lot size dimensions: 115 x 197

Parking

  • Total spaces: 2
  • Parking features: Attached,Concrete,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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 WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado
Hail
Inland Flooding
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 $1,718$20,616
Home Insurance *$259$3,108
Property Taxes $345$4,140
Electricity $219$2,635
Total$2,541$30,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$87,120/yr
40% on housing$76,230/yr
45% on housing$67,760/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

$131This 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)

Price History

DateEventPrice
2026-05-08Listed for sale$350,000
2024-05-09Sold$330,000
2024-04-16Pending sale$319,900
2024-04-04Listed for sale$319,900
2020-11-13Sold$220,000
2020-10-13Pending sale$225,000
2020-09-21Price change$225,000
2020-08-14Listed for sale$217,500
2012-02-28Sold$170,000

For Sale by Agent

AgentWyatt Lemon
BrokerageReal Broker, LLC

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