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51602 Southridge Ln

Waterville, MN 56096

2 bd 2 ba 1,872 sqft Built 2005 Lot 46,609 sqft single_family
Most recent sale
$240,000
Dec 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2021 Sold $240,000 MLS #7027348
Oct 12, 2021 Price changed $250,000 MLS #6107645
Sep 30, 2021 Listed $259,000 MLS #6107645
Sep 27, 2021 Listing removed $269,000 NorthstarMLS
Sep 15, 2021 Price changed $269,000 MLS #6011670
Aug 25, 2021 Price changed $299,900 MLS #6011670
Aug 9, 2021 Price changed $338,000 MLS #6011670
Jul 14, 2021 Price changed $343,000 MLS #6011670
Jun 18, 2021 Listed $348,000 MLS #6011670
May 4, 2006 Sold $163,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $150,600 $1,696
2019 $144,000 $1,616
2018 $76,099 $36,901 $113,000 $1,248
2017 $76,039 $32,461 $108,500 $1,190
2016 $76,039 $32,461 $108,500 $1,220
2015 $76,039 $32,461 $108,500 $1,060
2014 $81,977 $32,923 $114,900 $1,128
2013 $88,791 $37,909 $126,700 $1,274
2012 $89,597 $42,503 $132,100 $1,256
2011 $106,000 $55,000 $161,000 $1,144
2009 $108,400 $55,000 $163,400 $882

Property facts

Year built
2005
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,872 sqft
Lot size
46,609 sqft
ZIP code
56096
City
Waterville
Street
Southridge Ln
Coordinates
44.20134, -93.54171

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,808
Gross rental yield
14.04%
Implied cap rate
9.13%
Trend-extrapolated value

Frequently asked questions

When did 51602 Southridge Ln last sell?
51602 Southridge Ln most recently sold on Dec 9, 2021 for $240,000.
What is the current tax assessment for 51602 Southridge Ln?
The most recent total assessment for 51602 Southridge Ln (year 2020) is $150,600 with $1,696 in property tax.
How does 51602 Southridge Ln's assessment compare to its last sale price?
The current assessment is 37.3% below the last sale price of $240,000.
When was 51602 Southridge Ln built?
51602 Southridge Ln was built in 2005.
How does 51602 Southridge Ln compare to others on Southridge Ln?
We track 6 other properties on Southridge Ln. Browse the list under "Other properties on Southridge Ln" to compare beds, baths, and sale history.
What are the property facts for 51602 Southridge Ln?
51602 Southridge Ln is a 2 bed, 2 bath, 1,872 sqft, 46,609 sqft lot single_family.
Is 51602 Southridge Ln a flip candidate?
No — 51602 Southridge Ln does not appear in our flips dataset.
Is 51602 Southridge Ln a tax-appeal candidate?
No — 51602 Southridge Ln 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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