$340,000 - $526,000
RENTED MAR 11, 2025

201 W 2nd St Unit 2 Waconia, MN 55387

1 Bed
1 Bath
575 Sq Ft
$817 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Living Room
  • Southview Elementary School Rated 9+
  • The kitchen features windows
  • Combination Kitchen and Dining Room

About This Home

As of March 2025

Don't miss this fantastic opportunity to rent a beautifully remodeled, move-in-ready 1-bedroom unit in the heart of Downtown Waconia! This upper-level unit features a full-sized washer and dryer in unit for your convenience. Enjoy a minimum 12-month lease in a prime location, just steps away from Waconia's top amenities, including the lake, shopping, dining, and scenic walking trails.

Last Agent to Rent the Property

Michael Hall

RE/MAX Advantage Plus Listed on: 01/21/2025

RE/MAX Advantage Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,742

Year Built

  • Built in 1954

Lot Details

  • 8,276

Parking

  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 575 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • City Lts Of Waconia Subdivision

Listing and Financial Details

  • Property Available on 3/1/25
  • Tenant pays for cable TV, gas, trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,742

Year Built

Built in 1954

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-03-01
  • Lease Price: 995.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 1095.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Quadruplex
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 575
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 575
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Assigned, Open

Utilities

  • Heating: Baseboard
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Waconia
  • SchoolDistrictNumber: 110
  • SchoolDistrictPhone: 952-442-0600

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: n/a
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Assessor Parcel Number: TBD

Multi Family

  • TenantPays: Cable TV, Gas, Trash Collection, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Tott Lynn M and Rief Sue
Bought by
Hall Michael
Current Estimated Value
$469,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Outstanding Balance
$322,785
Interest Rate
3.55%
Mortgage Type
Balloon
Estimated Equity
$163,465

Purchase Details

Closed on
Feb 28, 2003
Sold by
Schmakel Nancy J and Schmakel Neil
Bought by
Dlouhy Kelly S
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hall Michael -- Trademark Title
Dlouhy Kelly S $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Michael $345,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Rented $995 0.0% --
03/03/2025 03/03/25 Price Changed $995 -9.1% $2 / Sq Ft
01/22/2025 01/22/25 Price Changed $1,095 -8.4% $2 / Sq Ft
01/21/2025 01/21/25 For Rent $1,195 -- --
Source: NorthstarMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,742 $457,200 $85,000 $372,200
2024 $6,366 $441,400 $65,000 $376,400
2023 $7,630 $777,700 $121,700 $656,000
2022 $3,906 $345,900 $56,700 $289,200
2021 $3,828 $165,200 $15,800 $149,400
2020 $3,652 $162,500 $15,800 $146,700
2019 $3,528 $146,100 $15,000 $131,100
2018 $3,098 $238,400 $60,000 $178,400
2017 $3,484 $223,100 $0 $0
2016 $3,020 $215,500 $0 $0
2015 $1,296 $199,500 $0 $0
2014 $1,296 $170,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6651674

NorthstarMLS

APN: 75.0500780