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656 2nd St

Waconia, MN 55387

5 bd 2 ba 2,097 sqft Built 1993 Lot 10,454 sqft single_family
Most recent sale
$411,500
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $411,500 MLS #6164278
Apr 5, 2022 Listed $399,900 MLS #6164278
Oct 19, 2020 Sold $325,000 MLS #5648983
Sep 21, 2020 Relisted $319,500 MLS #5648983
Sep 13, 2020 Listing removed $319,500 NorthstarMLS
Sep 10, 2020 Listed $319,500 MLS #5648983
Jul 22, 2010 Sold $204,500 MLS #3935033
Jun 9, 2010 Listed $214,900 MLS #3935033
Oct 29, 1998 Sold $145,900 Public Record
Nov 30, 1993 Sold $124,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $387,900 $4,926
2023 $397,900 $4,738
2022 $286,400 $4,038
2021 $228,200 $3,292
2020 $224,900 $3,134
2019 $200,700 $3,022
2018 $177,800 $2,536
2017 $204,100 $2,896
2016 $205,900 $2,888
2015 $188,100 $2,698
2014 $164,600 $2,508
2013 $162,000 $2,562
2012 $179,800 $2,568
2011 $139,200 $61,900 $201,100 $2,566
2010 $141,900 $63,500 $205,400 $2,286
2009 $149,000 $63,500 $212,500 $2,268
2008 $156,800 $70,200 $227,000 $2,510
2007 $153,600 $66,800 $220,400 $2,440

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,097 sqft
Lot size
10,454 sqft
ZIP code
55387
City
Waconia
Street
2nd St
Coordinates
44.84855, -93.77444

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,146
Gross rental yield
9.17%
Implied cap rate
5.96%
Trend-extrapolated value

Frequently asked questions

When did 656 2nd St last sell?
656 2nd St most recently sold on Jun 15, 2022 for $411,500.
What is the current tax assessment for 656 2nd St?
The most recent total assessment for 656 2nd St (year 2025) is $387,900 with $4,926 in property tax.
How does 656 2nd St's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $411,500.
When was 656 2nd St built?
656 2nd St was built in 1993.
How does 656 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 656 2nd St?
656 2nd St is a 5 bed, 2 bath, 2,097 sqft, 10,454 sqft lot single_family.
Is 656 2nd St a flip candidate?
Yes — 656 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 656 2nd St a tax-appeal candidate?
No — 656 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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