$338,000 - $347,000
RENTED APR 4, 2025

516 Frankfort Way Waverly, MN 55390

4 Beds
3 Baths
2,166 Sq Ft
$158 Price per Sq Ft

Last Sold February 09, 2024

Last sale price $305,000 $141 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,119/month

Highlights

  • Deck
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Water Softener is Owned

About This Home

As of April 2025

Beautiful 3+ bedroom, 3 bath home in Waverly. The home has a nice floor plan and is great for entertaining. The large family room walks out to the back yard.
Heated 3 car garage. Background check required. First month and security deposit at signing. Pets require an additional pet deposit.

Last Agent to Rent the Property

Jim Peterson

Lakes Area Realty Listed on: 03/12/2025

Co-Listed By

Thomas Peterson

Lakes Area Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 68x142x103x125
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Split Level Home
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Drainage System
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Additional Features

  • Air Exchanger
  • Deck

Community Details

  • No Home Owners Association
  • Carrigan Meadows 2Nd Add Subdivision

Listing and Financial Details

  • Property Available on 3/12/25
  • Assessor Parcel Number 116028002050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,854

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-03-12
  • Lease Price: 2400.0000
  • ApplicationFee: 50.0000
  • SecurityDeposit: 2400.0000
  • SmokingPermitted: No

Listing Details

  • Type: Residential Lease
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1316
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Egress Window(s), Finished, Partially Finished, Storage Space
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2166
  • Fireplace: No
  • Below Grade Finished Sq Ft: 850
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Howard Lake-Waverly-Winsted
  • SchoolDistrictPhone: 320-543-3521

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 68x142x103x125
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Assessor Parcel Number: 116028002050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2023
Closed on
Feb 9, 2024
Sold by
Hardie Rachael and Hardie Christopher
Bought by
C & J Real Estate Holdings Ii Llc
Seller's Agent
Katie Gagnon
Kg Realty
Buyer's Agent
Thomas Peterson
Lakes Area Realty
List Price
$314,900
Sold Price
$305,000
Premium/Discount to List
-$9,900
-3.14%
Views
92
Current Estimated Value
$341,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,745
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Oct 5, 2012
Closed on
Jul 23, 2013
Sold by
Bratten Justin and Bratten Lauren
Bought by
Kittock Rachael
Seller's Agent
Kris Lindahl
RE/MAX Results
Buyer's Agent
Katie Gagnon
Kg Realty
List Price
$149,900
Sold Price
$154,600
Premium/Discount to List
$4,700
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Mar 11, 2005
Sold by
Sandstone Homes Llc
Bought by
Bratten Justin and Fahrni Danee

Purchase Details

Closed on
Dec 10, 2004
Sold by
Arcon Development Inc
Bought by
Sandstone Homes Llc
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
C & J Real Estate Holdings Ii Llc $305,000 --
Kittock Rachael $154,600 --
Bratten Justin $201,200 --
Sandstone Homes Llc $42,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/04/2025 04/04/25 Rented $2,400 0.0% --
03/12/2025 03/12/25 For Rent $2,400 0.0% --
02/09/2024 02/09/24 Sold $305,000 -3.1% $141 / Sq Ft View Prior Sale
01/06/2024 01/06/24 Pending -- -- --
12/27/2023 12/27/23 For Sale $314,900 +103.7% $145 / Sq Ft
07/23/2013 07/23/13 Sold $154,600 +3.1% $72 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $149,900 -- $69 / Sq Ft
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 $3,854 $339,800 $70,000 $269,800
2024 $3,582 $318,100 $55,000 $263,100
2023 $3,582 $327,100 $65,000 $262,100
2022 $3,642 $297,100 $62,000 $235,100
2021 $3,496 $252,600 $35,000 $217,600
2020 $3,528 $233,900 $25,000 $208,900
2019 $3,320 $228,400 $0 $0
2018 $3,080 $192,500 $0 $0
2017 $2,942 $171,200 $0 $0
2016 $2,768 $0 $0 $0
2015 $2,648 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6684693

NorthstarMLS

APN: 116-028-002050