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316 Grove Ave

Watertown, MN 55388

2 bd 2 ba 1,644 sqft Built 1948 Lot 10,890 sqft single_family
Most recent sale
$231,500
Nov 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 7, 2025 Sold $255,000 NorthstarMLS
Oct 31, 2025 Listed $255,000 NorthstarMLS
Nov 19, 2021 Sold $231,500 MLS #6098148
Oct 29, 2021 Price changed $235,000 MLS #6098148
Oct 4, 2021 Relisted $249,900 MLS #6098148
Sep 27, 2021 Listing removed $249,900 NorthstarMLS
Sep 15, 2021 Listed $249,900 MLS #6098148
Dec 17, 2016 Sold $175,000 MLS #4772139
Oct 21, 2016 Listed $175,000 MLS #4772139

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,900 $61,800 $261,700 $3,306
2020 $146,300 $2,252
2019 $132,800 $2,036
2018 $99,200 $42,400 $141,600 $2,280
2017 $98,600 $1,638
2016 $99,900 $1,668
2015 $93,600 $1,592
2014 $73,800 $1,390
2013 $72,800 $1,362
2012 $86,100 $1,474
2011 $75,400 $39,700 $115,100 $1,410
2010 $84,200 $45,600 $129,800 $1,596
2009 $93,400 $48,000 $141,400 $2,428
2008 $94,600 $48,000 $142,600 $2,434
2007 $80,700 $45,800 $126,500 $2,128

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,644 sqft
Lot size
10,890 sqft
ZIP code
55388
City
Watertown
Street
Grove Ave
Coordinates
44.95912, -93.84527

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,466
Gross rental yield
12.78%
Implied cap rate
8.31%
Trend-extrapolated value

Frequently asked questions

When did 316 Grove Ave last sell?
316 Grove Ave most recently sold on Nov 19, 2021 for $231,500.
What is the current tax assessment for 316 Grove Ave?
The most recent total assessment for 316 Grove Ave (year 2025) is $261,700 with $3,306 in property tax.
How does 316 Grove Ave's assessment compare to its last sale price?
The current assessment is 13.0% above the last sale price of $231,500.
When was 316 Grove Ave built?
316 Grove Ave was built in 1948.
How does 316 Grove Ave compare to others on Grove Ave?
We track 1 other property on Grove Ave. Browse the list under "Other properties on Grove Ave" to compare beds, baths, and sale history.
What are the property facts for 316 Grove Ave?
316 Grove Ave is a 2 bed, 2 bath, 1,644 sqft, 10,890 sqft lot single_family.
Is 316 Grove Ave a flip candidate?
No — 316 Grove Ave does not appear in our flips dataset.
Is 316 Grove Ave a tax-appeal candidate?
No — 316 Grove 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
+0.7%
Implied 1-yr
+2.9%
2026 Q3
$467.3K
2026 Q4
$470.5K
ZIP 55388 — Median Price History + Forecast

Explore nearby

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