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517 1st St

Waterville, MN 56096

4 bd 2 ba 2,288 sqft Built 1977 Lot 62,291 sqft single_family
Most recent sale
$247,300
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $247,300 MLS #7029972
Jun 6, 2022 Relisted $239,900 MLS #7029972
Jun 2, 2022 Listing removed $239,900 Mankato

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $14,600 $14,600 $202
2023 $12,000 $12,000 $160
2022 $12,000 $12,000 $186
2021 $12,000 $12,000 $194
2020 $12,000 $12,000 $196
2019 $12,000 $12,000 $200
2018 $12,000 $12,000 $184
2017 $12,000 $12,000 $186
2016 $12,000 $12,000 $190
2015 $12,000 $12,000 $174
2014 $12,000 $12,000 $172
2013 $12,000 $12,000 $176
2012 $12,000 $12,000 $166
2011 $12,200 $12,200 $158
2009 $11,600 $11,600 $126

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,288 sqft
Lot size
62,291 sqft
ZIP code
56096
City
Waterville
Street
1st St
Coordinates
44.21402, -93.56890

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
$1,484
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 517 1st St last sell?
517 1st St most recently sold on Jul 8, 2022 for $247,300.
What is the current tax assessment for 517 1st St?
The most recent total assessment for 517 1st St (year 2025) is $14,600 with $202 in property tax.
How does 517 1st St's assessment compare to its last sale price?
The current assessment is 94.1% below the last sale price of $247,300.
When was 517 1st St built?
517 1st St was built in 1977.
How does 517 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 517 1st St?
517 1st St is a 4 bed, 2 bath, 2,288 sqft, 62,291 sqft lot single_family.
Is 517 1st St a flip candidate?
No — 517 1st St does not appear in our flips dataset.
Is 517 1st St a tax-appeal candidate?
No — 517 1st St 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 Q2
$302.2K
2026 Q3
$300K
ZIP 56096 — Median Price History + Forecast

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