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118 Lake St

Waterville, MN 56096

3 bd 2 ba 1,344 sqft Built 1990 Lot 10,890 sqft single_family
Most recent sale
$170,000
Nov 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2022 Sold $170,000 NorthstarMLS
Oct 21, 2022 Listed $154,900 NorthstarMLS
Jun 2, 1999 Sold $68,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $117,600 $1,898
2021 $97,900 $1,658
2020 $90,300 $1,552
2019 $77,100 $1,374
2018 $55,425 $19,275 $74,700 $1,236
2017 $48,428 $18,572 $67,000 $1,138
2016 $47,989 $18,511 $66,500 $1,162
2015 $47,989 $18,511 $66,500 $1,046
2014 $51,591 $18,909 $70,500 $1,100
2013 $51,591 $18,909 $70,500 $1,126
2012 $59,455 $19,645 $79,100 $1,184
2011 $81,000 $26,500 $107,500 $1,118
2009 $93,800 $28,500 $122,300 $1,072

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,344 sqft
Lot size
10,890 sqft
ZIP code
56096
City
Waterville
Street
Lake St
Coordinates
44.21973, -93.56852

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
$2,016
Gross rental yield
14.23%
Implied cap rate
9.25%
Trend-extrapolated value

Frequently asked questions

When did 118 Lake St last sell?
118 Lake St most recently sold on Nov 22, 2022 for $170,000.
What is the current tax assessment for 118 Lake St?
The most recent total assessment for 118 Lake St (year 2022) is $117,600 with $1,898 in property tax.
How does 118 Lake St's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $170,000.
When was 118 Lake St built?
118 Lake St was built in 1990.
How does 118 Lake St compare to others on Lake St?
We track 8 other properties on Lake St. Browse the list under "Other properties on Lake St" to compare beds, baths, and sale history.
What are the property facts for 118 Lake St?
118 Lake St is a 3 bed, 2 bath, 1,344 sqft, 10,890 sqft lot single_family.
Is 118 Lake St a flip candidate?
No — 118 Lake St does not appear in our flips dataset.
Is 118 Lake St a tax-appeal candidate?
No — 118 Lake 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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