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1255 Waters Way

Watertown, MN 55388

4 bd 2 ba 2,033 sqft Built 2004 Lot 8,276 sqft single_family
Most recent sale
$330,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 5, 2025 Sold $370,000 NorthstarMLS
Apr 21, 2025 Relisted $375,000 NorthstarMLS
Apr 4, 2025 Listed $375,000 NorthstarMLS
Dec 8, 2021 Sold $330,000 MLS #6120499
Oct 27, 2021 Listed $317,900 MLS #6120499
Sep 1, 2021 Sold $338,273 Public Record
Feb 8, 2013 Sold $169,500 MLS #4139873
Apr 10, 2012 Listed $169,900 MLS #4139873
Dec 22, 2004 Sold $210,475 Public Record
Nov 25, 2002 Sold $1,201,830 Public Record
Nov 22, 2002 Sold $770,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $233,200 $3,542
2019 $233,500 $3,336
2018 $220,800 $3,176
2017 $196,700 $3,052
2016 $187,200 $3,102
2015 $189,500 $2,964
2014 $177,700 $2,602
2013 $142,200 $2,254
2012 $123,600 $2,364
2011 $141,200 $2,320
2010 $137,900 $36,800 $174,700 $2,424
2009 $145,100 $39,900 $185,000 $2,448
2008 $165,000 $44,400 $209,400 $2,434
2007 $160,100 $41,100 $201,200 $2,176

Property facts

Year built
2004
Property type
single_family
Stories
3
Beds
4
Baths
2
Living area
2,033 sqft
Lot size
8,276 sqft
ZIP code
55388
City
Watertown
Street
Waters Way
Coordinates
44.95450, -93.85712

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,050
Gross rental yield
11.09%
Implied cap rate
7.21%
Trend-extrapolated value

Frequently asked questions

When did 1255 Waters Way last sell?
1255 Waters Way most recently sold on Dec 8, 2021 for $330,000.
What is the current tax assessment for 1255 Waters Way?
The most recent total assessment for 1255 Waters Way (year 2020) is $233,200 with $3,542 in property tax.
How does 1255 Waters Way's assessment compare to its last sale price?
The current assessment is 29.3% below the last sale price of $330,000.
When was 1255 Waters Way built?
1255 Waters Way was built in 2004.
How does 1255 Waters Way compare to others on Waters Way?
We track 8 other properties on Waters Way. Browse the list under "Other properties on Waters Way" to compare beds, baths, and sale history.
What are the property facts for 1255 Waters Way?
1255 Waters Way is a 4 bed, 2 bath, 2,033 sqft, 8,276 sqft lot single_family.
Is 1255 Waters Way a flip candidate?
No — 1255 Waters Way does not appear in our flips dataset.
Is 1255 Waters Way a tax-appeal candidate?
No — 1255 Waters Way 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

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