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Sold-non member
    • $200,000

    735 Reed St, Waterville, MN 56096

    1beds
    543sqft
    Single Family Residence
    Built in 1950
    5,227 Square Feet Lot
    $295,000 Zestimate®
    $368/sqft
    $1,083 Estimated rent

    Home value

    $295,000

    Estimated sales range

    Not available

    $1,083/mo

    Zestimate® history
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    What's special

    Includes all the furnishingsSolar powered lift
    The Lake is calling! All 2400+ acres of it! Enjoy this compact year round cabin with 40 feet of sandy shoreline and a gentle slope to the water, (yet the elevation prevented it from flooding) great for swimming, fishing, boating, and soaking up amazing views looking west across the lake while sitting in your 12x20 screened in covered porch! Close to town, food, gas, parks and trails and just steps from the Public Beach providing endless options for fun, gatherings, and recreation. The home is being sold as-is and includes all the furnishings, the dock, Pontoon and Solar powered lift. It's a gem in need of some repairs and TLC. The views and location alone make it a great opportunity for anyone looking to build equity and customize their personal lake retreat. Located just steps from the Waterville Public Beach and park, you’ll have endless options for family fun, gatherings, and outdoor enjoyment. City sewer and water, quick access to town for groceries and gas, and a spot on one of Southern Minnesota’s most desirable chains of lakes make this an unbeatable location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Meister,

    Bh Realty Group

    Bought with:

    Non Member

    Non-Member

    Source: RASM,MLS#: 7040316MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Dining room
    • Features: Formal Dining Room, Open Floorplan
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Exhaust Fan, Microwave, Range, Refrigerator, Gas Water Heater, Water Softener-None
    Features
    • Ceiling Fan(s), Vaulted Ceiling(s), Bath Description: Main Floor 3/4 Bath
    • Windows: Window Coverings
    • Basement: Block,Crawl Space
    • Has fireplace: No
    Interior area
    • Total structure area: 525
    • Total interior livable area: 543 sqft
    • Finished area above ground: 525
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Accessibility
    • Accessibility features: No Stairs Internal, No Stairs External
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Porch
    • Exterior features: Dock
    • On waterfront: Yes
    • Waterfront features: Lake Front
    • Body of water: Tetonka
    • Frontage type: Waterfront
    • Frontage length: Water Frontage: 40
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 128
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 543
    • Parcel number: 246000370

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Wood Siding
    • Roof: Asphalt
    Condition
    • Previously Owned
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City
    • Water: Public

    Community & HOA

    Location
    • Region: Waterville

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $227,600
    • Annual tax amount: $2,962
    • Date on market: 9/9/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/27/2026Sold$200,000-19.7%$368/sqft
    Source: RASM #7040316 Report a problem
    8/7/2026Pending sale$249,000$459/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem
    7/20/2026Price change$249,000-3.9%$459/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem
    6/28/2026Price change$259,000-7.2%$477/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem
    6/10/2026Price change$279,000-6.7%$514/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem
    5/22/2026Price change$299,000-14.3%$551/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem
    5/14/2026Listed for sale$349,000$643/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7072094 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,962 +8.3%$227,600 +0.5%
    2024$2,734 -1.2%$226,400 +0.8%
    2023$2,768 +3.6%$224,700 +1.2%
    2022$2,672 +0.1%$222,000 +20%
    2021$2,668 +2.7%$185,000 +3.7%
    2020$2,598 +0.6%$178,400 +3.7%
    2019$2,583 +1.8%$172,000 +2.6%
    2018$2,537 +9.1%$167,700 +0.5%
    2017$2,325 +1.8%$166,900 +1.8%
    2016$2,285 -0.8%$163,900 -0.7%
    2015$2,303 +3.2%$165,000
    2014$2,231 +0.7%$165,000 -1.3%
    2013$2,215 -0.6%$167,200
    2012$2,229 +3%$167,200 -2.1%
    2011$2,165 +10.7%$170,700 -0.3%
    2010$1,956 +1.2%$171,200 -0.5%
    2009$1,932 $172,100
    Find assessor info on the county website

    Neighborhood: 56096

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Waterville-Elysian-Morristown #2143

    Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $295,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $295,000

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