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320 Water St

Sleepy Eye, MN 56085

3 bd 2 ba 2,637 sqft Built 1952 Lot 6,970 sqft single_family
Most recent sale
$214,900
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $214,900 MLS #7029468
Apr 16, 2022 Listed $214,900 MLS #7029468
Sep 6, 2017 Sold $99,500 MLS #6026954
Jun 29, 2017 Price changed $99,500 MLS #6026954
May 23, 2017 Listed $102,000 MLS #6026954
May 29, 2014 Sold $97,850 MLS #7002117
Oct 3, 2013 Sold $97,850 Public Record
Sep 3, 2013 Price changed $97,900 MLS #7002117
May 30, 2013 Listing removed $99,900 Mankato
Apr 23, 2013 Listed $99,900 MLS #4485695
Feb 19, 2013 Sold $50,000 MLS #131869
Dec 7, 2012 Price changed $84,900 MLS #131869
Sep 18, 2012 Price changed $89,900 MLS #131869
Aug 14, 2012 Price changed $99,900 MLS #131869
Jun 21, 2012 Listed $104,900 MLS #131869

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,886 $2,224
2023 $152,644 $1,560
2022 $83,030 $11,570 $94,600 $1,519
2021 $41,320 $5,780 $47,100 $1,476
2020 $34,818 $5,282 $40,100 $1,272
2019 $37,218 $5,382 $42,600 $1,291
2018 $34,355 $4,645 $39,000 $1,376
2017 $57,127 $7,973 $65,100 $1,174
2016 $49,626 $7,174 $56,800 $1,064
2015 $54,741 $7,859 $62,600 $1,122
2014 $35,007 $6,893 $41,900 $790
2013 $59,133 $8,067 $67,200 $1,162
2012 $80,800 $9,500 $90,300 $948

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,637 sqft
Lot size
6,970 sqft
ZIP code
56085
City
Sleepy Eye
Street
Water St
Coordinates
44.29443, -94.71875

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,289
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 320 Water St last sell?
320 Water St most recently sold on May 27, 2022 for $214,900.
What is the current tax assessment for 320 Water St?
The most recent total assessment for 320 Water St (year 2025) is $171,886 with $2,224 in property tax.
How does 320 Water St's assessment compare to its last sale price?
The current assessment is 20.0% below the last sale price of $214,900.
When was 320 Water St built?
320 Water St was built in 1952.
How does 320 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 320 Water St?
320 Water St is a 3 bed, 2 bath, 2,637 sqft, 6,970 sqft lot single_family.
Is 320 Water St a flip candidate?
No — 320 Water St does not appear in our flips dataset.
Is 320 Water St a tax-appeal candidate?
No — 320 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.5%
Implied 1-yr
-13.9%
2026 Q3
$131.6K
2026 Q4
$125.7K
ZIP 56085 — Median Price History + Forecast

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