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505 3rd Ave

Waseca, MN 56093

4 bd 1 ba 2,619 sqft Built 1914 Lot 8,712 sqft single_family
Most recent sale
$182,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $182,500 MLS #6237715
Jul 20, 2022 Listed $179,000 MLS #7030483

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $96,500 $1,946
2019 $90,000 $1,702
2018 $77,600 $1,660
2017 $77,600 $1,448
2016 $72,200 $1,420
2015 $69,600 $1,250
2014 $69,600 $1,474
2013 $85,100 $1,554
2012 $66,062 $19,038 $85,100 $1,662
2011 $71,331 $20,469 $91,800 $1,508
2010 $96,800 $27,800 $124,600 $1,528

Property facts

Year built
1914
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
2,619 sqft
Lot size
8,712 sqft
ZIP code
56093
City
Waseca
Street
3rd Ave
Coordinates
44.07961, -93.50137

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
$1,095
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 3rd Ave last sell?
505 3rd Ave most recently sold on Sep 30, 2022 for $182,500.
What is the current tax assessment for 505 3rd Ave?
The most recent total assessment for 505 3rd Ave (year 2020) is $96,500 with $1,946 in property tax.
How does 505 3rd Ave's assessment compare to its last sale price?
The current assessment is 47.1% below the last sale price of $182,500.
When was 505 3rd Ave built?
505 3rd Ave was built in 1914.
How does 505 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 505 3rd Ave?
505 3rd Ave is a 4 bed, 1 bath, 2,619 sqft, 8,712 sqft lot single_family.
Is 505 3rd Ave a flip candidate?
No — 505 3rd Ave does not appear in our flips dataset.
Is 505 3rd Ave a tax-appeal candidate?
No — 505 3rd Ave 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
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$244K
2026 Q4
$246K
ZIP 56093 — Median Price History + Forecast

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