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500 2nd St

Waconia, MN 55387

3 bd 2 ba 1,698 sqft Built 1949 Lot 8,015 sqft single_family
Most recent sale
$225,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $225,000 NorthstarMLS
Feb 6, 2024 Listed $225,000 NorthstarMLS
Mar 25, 2004 Sold $180,000 Public Record
Jul 31, 2000 Sold $132,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $172,500 $4,276
2021 $166,600 $4,246
2020 $165,500 $3,418
2019 $146,800 $3,360
2018 $133,000 $1,914
2017 $133,500 $1,918
2016 $134,900 $1,916
2015 $123,600 $1,796
2014 $108,500 $1,678
2013 $108,400 $1,740
2012 $116,000 $1,682
2011 $89,300 $53,900 $143,200 $1,728
2010 $92,100 $55,200 $147,300 $1,542
2009 $96,400 $55,200 $151,600 $1,518
2008 $102,600 $61,000 $163,600 $1,712
2007 $107,800 $58,100 $165,900 $1,750

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,698 sqft
Lot size
8,015 sqft
ZIP code
55387
City
Waconia
Street
2nd St
Coordinates
44.84861, -93.79396

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
$2,547
Gross rental yield
13.58%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 500 2nd St last sell?
500 2nd St most recently sold on Apr 8, 2024 for $225,000.
What is the current tax assessment for 500 2nd St?
The most recent total assessment for 500 2nd St (year 2022) is $172,500 with $4,276 in property tax.
How does 500 2nd St's assessment compare to its last sale price?
The current assessment is 23.3% below the last sale price of $225,000.
When was 500 2nd St built?
500 2nd St was built in 1949.
How does 500 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 500 2nd St?
500 2nd St is a 3 bed, 2 bath, 1,698 sqft, 8,015 sqft lot single_family.
Is 500 2nd St a flip candidate?
No — 500 2nd St does not appear in our flips dataset.
Is 500 2nd St a tax-appeal candidate?
No — 500 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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