$340,000 - $526,000
RENTED JAN 26, 2025

201 W 2nd St Unit 3 Waconia, MN 55387

1 Bed
1 Bath
796 Sq Ft
$590 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Living Room
  • Southview Elementary School Rated 9+
  • The kitchen features windows
  • Baseboard Heating

About This Home

As of January 2025

Beautifully remodeled and well maintained! Excellent opportunity to rent this move-in ready 1-bedroom unit in Downtown Waconia! Main-level unit with laundry room, and dining room! 12-month lease minimum. Great location with close proximity to all Waconia amenities which include the lake, shopping, restaurants, and walking trails!

Last Agent to Rent the Property

Michael Hall

RE/MAX Advantage Plus Listed on: 01/22/2025

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

  • 796 Sq Ft Home
  • 1.5-Story Property
  • Living 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
  • Assessor Parcel Number 750500780

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: 1195.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 1195.0000
  • 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: 796
  • 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, Exhaust Fan, Range, Refrigerator, Washer
  • Living Area: 796
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Bedroom 1, Living Room, Dining Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None

Garage/Parking

  • Parking Features: Assigned, Open
  • Garage Square Feet: 0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom

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: 750500780

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
$322,181
Interest Rate
3.55%
Mortgage Type
Balloon
Estimated Equity
$164,069

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
01/26/2025 01/26/25 Rented $1,245 +4.2% --
01/22/2025 01/22/25 For Rent $1,195 +9.1% --
11/01/2023 11/01/23 Rented $1,095 0.0% --
10/20/2023 10/20/23 For Rent $1,095 0.0% --
04/26/2023 04/26/23 Rented $1,095 0.0% --
01/30/2023 01/30/23 For Rent $1,095 -- --
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

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6637902

NorthstarMLS

APN: 75.0500780