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604 Water St

Sleepy Eye, MN 56085

3 bd 2 ba 2,873 sqft Built 1952 Lot 10,454 sqft single_family
Most recent sale
$184,900
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $184,900 Mankato
Oct 15, 2023 Listed $184,900 Mankato

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $91,897 $17,403 $109,300 $1,748
2021 $98,247 $17,653 $115,900 $1,806
2020 $92,726 $16,674 $109,400 $1,714
2019 $93,600 $16,700 $110,300 $1,658
2018 $84,974 $14,426 $99,400 $1,536
2017 $78,619 $12,781 $91,400 $1,392
2016 $70,329 $11,771 $82,100 $1,266
2015 $73,732 $12,568 $86,300 $1,286
2014 $76,222 $12,678 $88,900 $1,254
2013 $78,716 $12,784 $91,500 $1,326
2012 $94,000 $13,700 $107,700 $1,272

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,873 sqft
Lot size
10,454 sqft
ZIP code
56085
City
Sleepy Eye
Street
Water St
Coordinates
44.29440, -94.73070

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
$1,109
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 604 Water St last sell?
604 Water St most recently sold on Apr 15, 2024 for $184,900.
What is the current tax assessment for 604 Water St?
The most recent total assessment for 604 Water St (year 2022) is $109,300 with $1,748 in property tax.
How does 604 Water St's assessment compare to its last sale price?
The current assessment is 40.9% below the last sale price of $184,900.
When was 604 Water St built?
604 Water St was built in 1952.
How does 604 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 604 Water St?
604 Water St is a 3 bed, 2 bath, 2,873 sqft, 10,454 sqft lot single_family.
Is 604 Water St a flip candidate?
No — 604 Water St does not appear in our flips dataset.
Is 604 Water St a tax-appeal candidate?
No — 604 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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