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228 4th St

Waconia, MN 55387

2 bd 1 ba 1,190 sqft Built 1958 Lot 9,888 sqft single_family
Most recent sale
$310,000
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $310,000 MLS #6184297
Apr 29, 2022 Listed $290,000 MLS #6184297
May 19, 2004 Sold $169,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $138,600 $63,000 $201,600 $2,836
2021 $132,800 $63,000 $195,800 $2,796
2020 $132,800 $63,000 $195,800 $2,696
2019 $131,900 $63,000 $194,900 $2,636
2018 $116,900 $60,000 $176,900 $2,316
2017 $112,400 $51,400 $163,800 $2,306
2016 $112,000 $51,400 $163,400 $2,302
2015 $113,500 $51,400 $164,900 $2,198
2014 $106,500 $47,700 $154,200 $2,160
2013 $98,400 $44,800 $143,200 $2,214
2012 $141,600 $2,262
2011 $106,500 $53,200 $159,700 $2,234
2010 $108,600 $53,900 $162,500 $2,024
2009 $112,500 $55,200 $167,700 $1,998
2008 $117,700 $55,200 $172,900 $2,204
2007 $127,700 $58,100 $185,800 $2,208

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,190 sqft
Lot size
9,888 sqft
ZIP code
55387
City
Waconia
Street
4th St
Coordinates
44.84573, -93.79011

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,785
Gross rental yield
6.91%
Implied cap rate
4.49%
Trend-extrapolated value

Frequently asked questions

When did 228 4th St last sell?
228 4th St most recently sold on May 31, 2022 for $310,000.
What is the current tax assessment for 228 4th St?
The most recent total assessment for 228 4th St (year 2022) is $201,600 with $2,836 in property tax.
How does 228 4th St's assessment compare to its last sale price?
The current assessment is 35.0% below the last sale price of $310,000.
When was 228 4th St built?
228 4th St was built in 1958.
How does 228 4th St compare to others on 4th St?
We track 8 other properties on 4th St. Browse the list under "Other properties on 4th St" to compare beds, baths, and sale history.
What are the property facts for 228 4th St?
228 4th St is a 2 bed, 1 bath, 1,190 sqft, 9,888 sqft lot single_family.
Is 228 4th St a flip candidate?
No — 228 4th St does not appear in our flips dataset.
Is 228 4th St a tax-appeal candidate?
No — 228 4th 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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