506 3rd Ave
Waseca, MN 56093
4 bd 2 ba 2,952 sqft Built 1915 Lot 8,276 sqft single_family
Most recent sale
$228,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $228,000 | MLS #7030914 |
| Sep 9, 2022 | Listed | $239,000 | MLS #7030914 |
| Oct 16, 2020 | Sold | $209,000 | MLS #5643682 |
| Aug 19, 2020 | Listed | $219,000 | MLS #5643682 |
| Oct 3, 2019 | Sold | $45,500 | MLS #5288079 |
| Dec 15, 1998 | Sold | $73,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $86,900 | $1,482 |
| 2019 | — | — | $67,600 | $1,278 |
| 2018 | — | — | $57,300 | $1,246 |
| 2017 | — | — | $57,300 | $1,078 |
| 2016 | — | — | $52,700 | $1,056 |
| 2015 | — | — | $50,600 | $932 |
| 2014 | — | — | $50,600 | $1,106 |
| 2013 | — | — | $62,500 | $1,166 |
| 2012 | $45,560 | $16,940 | $62,500 | $1,266 |
| 2011 | $50,090 | $18,510 | $68,600 | $1,034 |
| 2010 | $65,300 | $27,600 | $92,900 | $1,050 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,952 sqft
Lot size
8,276 sqft
ZIP code
56093
City
Waseca
Street
3rd Ave
Coordinates
44.07913, -93.50137
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,368
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 3rd Ave last sell?
506 3rd Ave most recently sold on Oct 14, 2022 for $228,000.
What is the current tax assessment for 506 3rd Ave?
The most recent total assessment for 506 3rd Ave (year 2020) is $86,900 with $1,482 in property tax.
How does 506 3rd Ave's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $228,000.
When was 506 3rd Ave built?
506 3rd Ave was built in 1915.
How does 506 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 506 3rd Ave?
506 3rd Ave is a 4 bed, 2 bath, 2,952 sqft, 8,276 sqft lot single_family.
Is 506 3rd Ave a flip candidate?
Yes — 506 3rd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 3rd Ave a tax-appeal candidate?
No — 506 3rd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.5%
2026 Q3
$244K
2026 Q4
$246K
ZIP 56093 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd Ave