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225 3rd St

Waconia, MN 55387

3 bd 2 ba 1,483 sqft Built 1900 Lot 12,458 sqft single_family
Most recent sale
$351,079
Sep 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2022 Sold $351,079 MLS #6248373
Aug 12, 2022 Listed $334,900 MLS #6248373
Apr 9, 2016 Sold $199,900 MLS #4680604
Feb 19, 2016 Listed $199,900 MLS #4680604
Oct 9, 2015 Price changed $209,900 MLS #4645838
Sep 17, 2015 Listed $215,000 MLS #4645838
Apr 23, 2015 Sold $48,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $216,800 $2,982
2019 $213,700 $2,852
2018 $189,000 $2,478
2017 $173,600 $2,154
2016 $150,600 $1,528
2015 $57,500 $51,400 $108,900 $1,106
2014 $74,200 $1,068
2013 $67,300 $1,130
2012 $68,600 $1,202
2011 $81,500 $1,268
2010 $57,500 $53,900 $111,400 $1,128
2009 $59,900 $55,200 $115,100 $1,116
2008 $63,700 $55,200 $118,900 $1,282
2007 $69,000 $58,100 $127,100 $1,260

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,483 sqft
Lot size
12,458 sqft
ZIP code
55387
City
Waconia
Street
3rd St
Coordinates
44.84649, -93.78226

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,225
Gross rental yield
7.61%
Implied cap rate
4.94%
Trend-extrapolated value

Frequently asked questions

When did 225 3rd St last sell?
225 3rd St most recently sold on Sep 22, 2022 for $351,079.
What is the current tax assessment for 225 3rd St?
The most recent total assessment for 225 3rd St (year 2020) is $216,800 with $2,982 in property tax.
How does 225 3rd St's assessment compare to its last sale price?
The current assessment is 38.2% below the last sale price of $351,079.
When was 225 3rd St built?
225 3rd St was built in 1900.
How does 225 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 225 3rd St?
225 3rd St is a 3 bed, 2 bath, 1,483 sqft, 12,458 sqft lot single_family.
Is 225 3rd St a flip candidate?
No — 225 3rd St does not appear in our flips dataset.
Is 225 3rd St a tax-appeal candidate?
No — 225 3rd 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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