$4,156 Closing Credit¹
#6696339, Listing Office: eXp Realty
$365,000 List price
640 16th St SE Owatonna, MN 55060
$4,334
Closing credit¹
4 beds
2 baths
2,042 sqft
$179 / sqft
House
Property details
About 640 16th St SE
Beyond the Ordinary Split-Level! This impressive home has been almost completely updated and is packed with character, custom touches, and upgrades throughout. Step into the stunning remodeled kitchen, complete with quartz countertops, a stylish tile backsplash, custom cabinetry with unique built-ins and pantry storage, under-cabinet lighting, stainless steel appliances, and more. The vaulted dining area features eye-catching plank ceilings, creating a warm and inviting space for both entertaining and everyday meals. The spacious, sun-filled living room boasts oak hardwood floors and a large bay window for abundant natural light. Downstairs, the walkout lower-level family room is the perfect cozy retreat, featuring brand-new carpet, an electric fireplace, built-in bookshelves, and a convenient wet bar. A bonus den/playroom with additional built-ins adds flexible space to fit your lifestyle. You'll also find two comfortable bedrooms and a freshly renovated 3/4 bath with a beautifully tiled shower. Outside, enjoy the beautifully landscaped yard and a standout workshop space attached to the garage-easily converted to a 4-car garage by removing the dividing wall. It's an ideal space for hobbies, projects, or extra storage. Major upgrades include a brand-new furnace, A/C, roof, LVP flooring, carpet, and much more (see feature sheet for full list). This home is truly move-in ready and packed with details you won't find in your average split-level. Don't miss your chance-this one comes with a 1-year home warranty, too!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,042 sqft
BasementYes
Year built1964
ParkingAttached Garage, Concrete, Garage Door Opener, Insulated Garage
MLS #6702051
Attached garage2 spaces
FireplaceElectric
Summary
- Basement: Yes
- Fireplace: Electric
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Concrete, Garage Door Opener, Insulated Garage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $365,000
- Price/SqFt: $178
- Annual Tax Amount: $3,414
- Tax Year: 2024
- Directions: Take S Cedar Avenue turn West onto SE 18th Street to Truman Avenue turn North to 16th Street SE then trun East home on the Right.
- Year Built: 1964
- Living Area: 2,042 SqFt
- MLS Number: 6702051
- MLS Name: NORTHSTAR
- Office Name: Edina Realty, Inc.
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$365,000
640 16th St SE
$4,334
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $250,000 | $3,414 |
| 2023 | $238,400 | $3,326 |
| 2022 | $223,000 | $2,936 |
| 2021 | $180,810 | $2,834 |
| 2020 | $173,460 | $2,550 |
| 2019 | $152,978 | $2,318 |
| 2018 | $148,568 | $2,092 |
| 2017 | $136,416 | $1,850 |
History based on county public records data.
Nearby schools
8
Lincoln Elementary School
Public District KG-5
0.3 mi
•747 Havana Rd
4
Wilson Elementary School
Public District KG-5
1.7 mi
•325 Meadow Ln
6
Washington Elementary School
Public District KG-5
2.1 mi
•423 14th St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $76,471. The most common annual income of people living in Owatonna, MN is between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
45%
35k-100k
34%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
9%
12-17 yrs old
17%
18-34 yrs old
38%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Soccer
NASCAR
College Football
Where do the neighbors shop?
Old Navy
Dick's Sporting Goods
Best Buy
Where do the neighbors go to eat?
Jimmy Johns
Arbys
Texas Roadhouse
What do the neighbors drive?
GMC
Ram
Lincoln
What do the neighbors listen to?
New Country
Adult Hits
Contemporary Christian
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Owatonna, MN
Owatonna's transport infrastructure supports both private and public transit options, with a focus on convenience and accessibility. The city's layout and design promote walkability in several areas, and there are bike-friendly routes for cycling enthusiasts. Major roads and highways connect residents to neighboring cities and regions, facilitating easy commutes and travel. Public transportation schedules are designed to meet the needs of the community, ensuring that residents can move around the city efficiently.
The community is served by a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are comprehensive, with a local hospital providing a range of care including emergency services. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments reflect Owatonna's local culture, offering both familiar and unique experiences.
Owatonna prides itself on a rich historical heritage and a strong sense of community. The city is celebrated for its vibrant cultural scene, including annual festivals that highlight local traditions and bring residents together. The community's character is further defined by its well-maintained parks and public spaces, which serve as popular gathering spots and contribute to the city's welcoming atmosphere.
Owatonna's housing market showcases a diverse array of options, with single-family homes being a significant presence. Architectural styles in the area range from classic Victorian to more contemporary designs, reflecting the city's historical roots and modern growth. The market is balanced with a mix of older homes that exude character and newer constructions that offer modern amenities. While exact percentages of housing types are not specified, the variety caters to a range of preferences and needs.
About 640 16th St SE
The listing price of 640 16th St SE property is $365,000.
The property 640 16th St SE is a house located in Owatonna, Minnesota, 55060.
Active Listing: 640 16th St SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 640 16th St SE are: Lincoln Elementary School (GreatSchools Rating 8/10), Wilson Elementary School (GreatSchools Rating 4/10), Washington Elementary School (GreatSchools Rating 6/10), Owatonna Middle School (GreatSchools Rating 5/10), Faribault Middle School (GreatSchools Rating 2/10), Waseca Junior High School (GreatSchools Rating 6/10), Owatonna High School (GreatSchools Rating 6/10), Choice Technical Academy (GreatSchools Rating 1/10), Owatonna Area Learning Center 9-12 (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $3,414 (source: MLS/based on county public records data).
The property at 640 16th St SE has 4 bedrooms and 2 bathrooms.
The property 640 16th St SE is 2,042 SqFt (source: MLS/tax record).
The year of construction for 640 16th St SE is 1964.
This home is located at 640 16th St SE in Owatonna, MN and zip code 55060. This 2,042 square foot home was built in 1964. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $365,000.
Owatonna, MN housing market in April 2025 saw over 15 listings sold above listed price, more than 6 sold at listed price and over 14 sold below. The number of homes for sale in Owatonna, MN increased by 27.7% between March and April 2025. Listings spent 51 days on the market in April 2025, and had a median list price of $288,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.