511 1st St N Waterville, MN 56096
Estimated payment $373/month
Highlights
- Hot Property
- No HOA
- 1-Story Property
- 1 Fireplace
- 2 Car Attached Garage
- Baseboard Heating
About This Home
This property offers an exciting opportunity for those looking to invest in a desirable location near the swimming beach and boat landing on Lake Tetonka. Due to severe damage sustained during a recent flood, the basement on the north end of the home has collapsed. It's important to note that the garage and the living room do not have a basement underneath. As a result, the selling price reflects the value of the lot alone. Situated close to downtown Waterville, this lot provides easy access to nearby lakes and trails. Build a summer retreat or a comfortable year-round residence. All utilities have been disconnected. Whether you're an investor or looking to build, this is a chance to develop a property that reflects whatever your vision is. Selling-As-Is.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $820
Year Built
- Built in 1948
Lot Details
- 0.57 Acre Lot
- Lot Dimensions are 132 x 189
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,292 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 240273100
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,370 | $208,800 | $52,300 | $156,500 |
| 2023 | $2,288 | $197,000 | $44,300 | $152,700 |
| 2022 | $2,674 | $188,300 | $44,300 | $144,000 |
| 2021 | $2,346 | $155,200 | $44,300 | $110,900 |
| 2020 | $2,286 | $129,700 | $41,300 | $88,400 |
| 2019 | $2,158 | $97,200 | $32,558 | $64,642 |
| 2018 | $1,487 | $84,900 | $29,764 | $55,136 |
| 2017 | $1,344 | $82,900 | $29,564 | $53,336 |
| 2016 | $2,074 | $75,800 | $28,727 | $47,073 |
| 2015 | $1,305 | $76,700 | $28,845 | $47,855 |
| 2014 | $1,126 | $73,200 | $28,398 | $44,802 |
| 2013 | $1,184 | $77,100 | $28,885 | $48,215 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $55,000 | -- | $43 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6716103
APN: 24.027.3100
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