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425 2nd St

Waconia, MN 55387

3 bd 3 ba 2,448 sqft Built 1953 Lot 7,884 sqft single_family
Most recent sale
$300,000
Feb 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2022 Sold $300,000 MLS #6147857
Feb 1, 2022 Listed $300,000 MLS #6147857
Dec 6, 2021 Listing removed $325,000 NorthstarMLS
Oct 21, 2021 Listed $325,000 MLS #6109479
May 3, 2019 Sold $284,900 MLS #5197757
Mar 11, 2019 Listed $284,900 MLS #5197757
Mar 11, 2019 Listing removed $289,900 NorthstarMLS
Feb 7, 2019 Price changed $289,900 MLS #5137133
Jan 9, 2019 Listed $295,000 MLS #5137133

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $222,200 $2,792
2019 $199,600 $2,676
2018 $176,900 $2,318
2017 $162,100 $2,208
2016 $154,500 $2,686
2015 $156,200 $2,842
2014 $118,400 $47,700 $166,100 $2,726
2013 $104,300 $44,800 $149,100 $2,802
2012 $148,800 $2,814
2011 $111,900 $53,200 $165,100 $2,790
2010 $114,400 $53,900 $168,300 $2,570
2009 $118,100 $55,200 $173,300 $2,562
2008 $125,300 $55,200 $180,500 $2,782
2007 $134,100 $58,100 $192,200 $2,782

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,448 sqft
Lot size
7,884 sqft
ZIP code
55387
City
Waconia
Street
2nd St
Coordinates
44.84787, -93.77913

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
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 425 2nd St last sell?
425 2nd St most recently sold on Feb 14, 2022 for $300,000.
What is the current tax assessment for 425 2nd St?
The most recent total assessment for 425 2nd St (year 2020) is $222,200 with $2,792 in property tax.
How does 425 2nd St's assessment compare to its last sale price?
The current assessment is 25.9% below the last sale price of $300,000.
When was 425 2nd St built?
425 2nd St was built in 1953.
How does 425 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 425 2nd St?
425 2nd St is a 3 bed, 3 bath, 2,448 sqft, 7,884 sqft lot single_family.
Is 425 2nd St a flip candidate?
No — 425 2nd St does not appear in our flips dataset.
Is 425 2nd St a tax-appeal candidate?
No — 425 2nd 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
-5.3%
Implied 1-yr
-21.1%
2026 Q3
$388.2K
2026 Q4
$357.1K
ZIP 55387 — Median Price History + Forecast

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