512 3rd St
Waseca, MN 56093
23 bd 14 ba 4,450 sqft Built 1967 Lot 20,909 sqft multi_family
Most recent sale
$650,000
Oct 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 23, 2022 | Sold | $650,000 | MLS #7030645 |
| Oct 18, 2022 | Sold | $650,000 | Mankato |
| Aug 9, 2022 | Listed | $650,000 | MLS #7030645 |
| Apr 1, 2021 | Sold | $600,000 | Public Record |
| Mar 31, 2021 | Sold | $600,000 | Public Record |
| Jan 1, 2018 | Sold | $285,000 | Public Record |
| Jun 1, 2009 | Sold | $340,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $331,900 | $41,400 | $373,300 | $7,542 |
| 2023 | $386,600 | $70,400 | $457,000 | $10,372 |
| 2022 | $327,600 | $59,700 | $387,300 | $10,050 |
| 2021 | $327,600 | $59,700 | $387,300 | $10,096 |
| 2020 | $327,600 | $59,700 | $387,300 | $10,222 |
| 2019 | $327,600 | $59,700 | $387,300 | $10,290 |
| 2018 | $327,600 | $59,700 | $387,300 | $10,022 |
| 2017 | $327,600 | $59,700 | $387,300 | $9,332 |
| 2016 | $327,600 | $59,700 | $387,300 | $9,350 |
| 2015 | $324,000 | $59,700 | $383,700 | $8,166 |
| 2014 | $324,000 | $59,700 | $383,700 | $6,200 |
| 2013 | — | — | $294,900 | $6,368 |
| 2012 | $235,200 | $53,700 | $288,900 | $6,466 |
| 2011 | $235,200 | $59,700 | $294,900 | $5,376 |
| 2010 | $235,200 | $59,700 | $294,900 | $5,436 |
Property facts
Year built
1967
Property type
multi_family
Stories
2
Beds
23
Baths
14
Living area
4,450 sqft
Lot size
20,909 sqft
ZIP code
56093
City
Waseca
Street
3rd St
Coordinates
44.08227, -93.50397
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,675
Gross rental yield
12.32%
Implied cap rate
8.01%
Trend-extrapolated value
—
Frequently asked questions
When did 512 3rd St last sell?
512 3rd St most recently sold on Oct 23, 2022 for $650,000.
What is the current tax assessment for 512 3rd St?
The most recent total assessment for 512 3rd St (year 2025) is $373,300 with $7,542 in property tax.
How does 512 3rd St's assessment compare to its last sale price?
The current assessment is 42.6% below the last sale price of $650,000.
When was 512 3rd St built?
512 3rd St was built in 1967.
How does 512 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 512 3rd St?
512 3rd St is a 23 bed, 14 bath, 4,450 sqft, 20,909 sqft lot multi_family.
Is 512 3rd St a flip candidate?
No — 512 3rd St does not appear in our flips dataset.
Is 512 3rd St a tax-appeal candidate?
No — 512 3rd St 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 St