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40 Main St

Waconia, MN 55387

3 bd 2 ba 1,422 sqft Built 1900 Lot 6,403 sqft single_family
Most recent sale
$328,888
May 1, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 11, 2024 Listing removed $2,500 NorthstarMLS
Jul 8, 2024 Price changed for rent $2,500 NorthstarMLS
May 13, 2024 Sold $385,000 NorthstarMLS
May 1, 2024 Listed for rent $3,900 NorthstarMLS
Feb 20, 2024 Listed $379,410 NorthstarMLS
May 1, 2021 Sold $328,888 NorthstarMLS
Mar 26, 2021 Listed $289,900 NorthstarMLS
Oct 29, 2018 Sold $241,000 NorthstarMLS
Oct 19, 2018 Sold $236,000 GreaterLakes
Aug 31, 2018 Listed $236,000 GreaterLakes
Jun 12, 2017 Sold $155,000 Public Record
May 2, 2016 Sold $155,000 NorthstarMLS
Apr 1, 2016 Price changed $175,000 NorthstarMLS
Mar 4, 2016 Price changed $180,000 NorthstarMLS
Feb 18, 2016 Listed $185,000 NorthstarMLS
May 4, 2012 Listing removed $235,000 NorthstarMLS
Nov 7, 2011 Sold $70,100 NorthstarMLS
Sep 12, 2011 Listed $59,900 NorthstarMLS
Jul 31, 2011 Listing removed $145,000 NorthstarMLS
Jun 13, 2011 Listing removed $85,000 NorthstarMLS
Jan 26, 2011 Listed $145,000 NorthstarMLS
Dec 7, 2010 Price changed $85,000 NorthstarMLS
Nov 11, 2010 Price changed $99,000 NorthstarMLS
Oct 13, 2010 Price changed $110,000 NorthstarMLS
Sep 2, 2010 Listed $129,900 NorthstarMLS
Feb 29, 2008 Listed $199,900 NorthstarMLS
Apr 17, 2007 Listed $235,000 NorthstarMLS
Jan 19, 2007 Sold $212,000 Public Record
Jul 9, 2004 Sold $150,000 Public Record
Oct 15, 2002 Sold $140,000 Public Record
Aug 5, 1996 Sold $75,900 Public Record
Jun 30, 1992 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $186,000 $2,664
2021 $135,900 $63,000 $198,900 $2,840
2020 $127,700 $63,000 $190,700 $2,638
2019 $86,500 $60,000 $146,500 $2,188
2018 $83,200 $51,400 $134,600 $1,910
2017 $76,700 $51,400 $128,100 $1,812
2016 $77,800 $51,400 $129,200 $1,808
2015 $73,100 $47,700 $120,800 $1,728
2014 $64,300 $44,800 $109,100 $1,652
2013 $109,700 $1,720
2012 $66,300 $53,200 $119,500 $1,698
2011 $67,800 $53,900 $121,700 $1,680
2010 $70,000 $55,200 $125,200 $1,518
2009 $74,100 $55,200 $129,300 $1,604
2008 $78,900 $61,000 $139,900 $1,660
2007 $77,200 $58,100 $135,300 $1,512

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,422 sqft
Lot size
6,403 sqft
ZIP code
55387
City
Waconia
Street
Main St
Coordinates
44.85075, -93.78508

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
$2,133
Gross rental yield
7.78%
Implied cap rate
5.06%
Trend-extrapolated value

Frequently asked questions

When did 40 Main St last sell?
40 Main St most recently sold on May 1, 2021 for $328,888.
What is the current tax assessment for 40 Main St?
The most recent total assessment for 40 Main St (year 2022) is $186,000 with $2,664 in property tax.
How does 40 Main St's assessment compare to its last sale price?
The current assessment is 43.4% below the last sale price of $328,888.
When was 40 Main St built?
40 Main St was built in 1900.
How does 40 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 40 Main St?
40 Main St is a 3 bed, 2 bath, 1,422 sqft, 6,403 sqft lot single_family.
Is 40 Main St a flip candidate?
No — 40 Main St does not appear in our flips dataset.
Is 40 Main St a tax-appeal candidate?
No — 40 Main 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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