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518 2nd St

Waterville, MN 56096

4 bd 1 ba 1,219 sqft Built 1900 Lot 33,541 sqft single_family
Most recent sale
$179,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2025 Sold $179,000 NorthstarMLS
Apr 4, 2025 Listed $179,000 NorthstarMLS
Apr 15, 2022 Sold $179,000 MLS #7029107
Feb 28, 2022 Listed $179,000 MLS #6157881
Nov 4, 2021 Sold $105,000 MLS #7027658
Aug 30, 2021 Price changed $144,900 MLS #6029919
Aug 13, 2021 Price changed $159,900 MLS #6029919
Jul 22, 2021 Listed $169,900 MLS #6029919

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $144,000 $2,062
2023 $132,800 $1,824
2022 $101,700 $1,652
2021 $84,400 $1,244
2020 $77,800 $1,162
2019 $66,300 $1,014
2018 $44,269 $19,131 $63,400 $932
2017 $38,619 $18,381 $57,000 $860
2016 $36,973 $18,127 $55,100 $862
2015 $36,973 $18,127 $55,100 $812
2014 $40,117 $18,583 $58,700 $878
2013 $40,117 $18,583 $58,700 $906
2012 $46,501 $19,399 $65,900 $620
2011 $66,400 $27,700 $94,100 $586
2009 $78,100 $29,700 $107,800 $610

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,219 sqft
Lot size
33,541 sqft
ZIP code
56096
City
Waterville
Street
2nd St
Coordinates
44.21434, -93.56827

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
$1,829
Gross rental yield
12.26%
Implied cap rate
7.97%
Trend-extrapolated value

Frequently asked questions

When did 518 2nd St last sell?
518 2nd St most recently sold on Apr 15, 2022 for $179,000.
What is the current tax assessment for 518 2nd St?
The most recent total assessment for 518 2nd St (year 2025) is $144,000 with $2,062 in property tax.
How does 518 2nd St's assessment compare to its last sale price?
The current assessment is 19.6% below the last sale price of $179,000.
When was 518 2nd St built?
518 2nd St was built in 1900.
How does 518 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 518 2nd St?
518 2nd St is a 4 bed, 1 bath, 1,219 sqft, 33,541 sqft lot single_family.
Is 518 2nd St a flip candidate?
Yes — 518 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 518 2nd St a tax-appeal candidate?
No — 518 2nd 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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