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  • $469,900

    945 Reed St N, Waterville, MN 56096

    4beds
    1,179sqft
    : 
    $3,011/mo
    Get pre-qualified
    Single Family
    Built in 1984
    8,712 Square Feet Lot
    $458,500 Zestimate®
    $399/sqft
    $-- HOA

    What's special

    Cozy yet modern interiorStainless steel appliances
    Virtual Tour is an informational Video! Experience the ultimate year-round lake lifestyle in this beautifully updated 4-bed, 2-bath Lake Tetonka cottage featuring 65 feet of level shoreline and premier western exposure for breathtaking sunset views. Perfect for swimming, boating, and premier fishing, the property includes a private dock for a boat or pontoon. The main residence offers a cozy yet modern interior with stainless steel appliances, a updated furnace, ac and water heater. Perfect for multi-generational living, rental potential, or guest accommodations, the private-access upper loft serves as a complete suite equipped with its own kitchen, living room, bedroom, and bath. Outdoor entertainment options abound with a versatile lakeside boat house that functions as a screened-in porch during summer months and offers drive-on ATV access for ice fishing in the winter. The massive 32x22 insulated and heated garage pulls double duty as the ultimate party space and for recreational toy storage. Located in a golf-cart and ATV-friendly community, residents enjoy casual transport to local restaurants, taverns, parks, and the city sand beach. Waterville serves as the perfect central rest stop along the 39-mile, fully paved Sakatah Singing Hills State Trail, spanning from Mankato to Faribault. This cottage is the ultimate destination to gather, relax, and create lasting memories with family and friends for years to come. Book your tour today. It can close fast so you can still enjoy lakelife this summer!
    17 days
    |
    1,490
    |
    65
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Rodney D. Tietz 952-758-5030,

    True Life Real Estate Solution,

    Kevin Bakken 612-554-9763

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7108020MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • 3/4 bathrooms: 2
      Bedroom
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 8 x 12
      Bedroom 2
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 8 x 9
      Bedroom 3
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 8 x 12
      Bedroom 4
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 8 X 15
      Bathroom
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 5 x 8
      Bathroom
      • Level: Upper
      • Area: 48 Square Feet
      • Dimensions: 6 x 8
      Bathroom
      • Level: Upper
      • Area: 48 Square Feet
      • Dimensions: 6 x 8
      Dining room
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10 x 12
      Kitchen
      • Level: Main
      • Area: 96 Square Feet
      • Dimensions: 8 x 12
      Kitchen
      • Level: Upper
      • Area: 60 Square Feet
      • Dimensions: 4 x 15
      Living room
      • Level: Main
      • Area: 252 Square Feet
      • Dimensions: 12 x 21
      Living room
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13 X 15
      Heating
      • Forced Air
      Cooling
      • Central Air, Ductless Mini-Split, Window Unit(s)
      Appliances
      • Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer
      Features
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 1,179
      • Total interior livable area: 1,179 sqft
      • Finished area above ground: 1,179
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Garage, Asphalt, Concrete, Shared Driveway, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages
      • Garage spaces: 2
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      • Details: Garage Dimensions (22 X 31), Garage Door Height (7), Garage Door Width (16)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One and One Half
      • Stories: 1.5
      • Patio & porch: Front Porch, Patio
      • Fencing: None
      • Has view: Yes
      • View description: Lake, Panoramic, See Remarks, West
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Waterfront Elevation(0-4), Lake Bottom(Hard, Sand)
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 32 x 182 x 66 x 188
      • Features: Accessible Shoreline, Tree Coverage - Medium
      Details
      • Additional structures: Boat House
      • Foundation area: 840
      • Parcel number: 246000200
      • Zoning description: Shoreline,Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block, Frame
      • Roof: Age 8 Years or Less,Asphalt
      Condition
      • New construction: No
      • Year built: 1984

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected
      • Utilities for property: Underground Utilities

      Community & HOA

      Community
      • Subdivision: Outlots-Snows Add
      HOA
      • Has HOA: No
      Location
      • Region: Waterville

      Financial & listing details

      • Price per square foot: $399/sqft
      • Tax assessed value: $379,800
      • Annual tax amount: $1,194
      • Date on market: 7/11/2026
      • Cumulative days on market: 90 days
      • Road surface type: Paved

        Estimated market value

        $458,500

        $436,000 - $481,000

        $1,920/mo

        Price history

        DateEventPrice
        7/11/2026Listed for sale$469,900-2.1%$399/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7108020 Report a problem
        7/1/2026Listing removed$479,900$407/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7034029 Report a problem
        5/28/2026Price change$479,900-4%$407/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7034029 Report a problem
        4/6/2026Listed for sale$499,900+122.2%$424/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7034029 Report a problem
        11/1/2016Listing removed$225,000$191/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4613861 Report a problem
        4/14/2016Listed for sale$225,000$191/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4613861 Report a problem
        11/29/2015Listing removed$225,000$191/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4613861 Report a problem
        6/19/2015Listed for sale$225,000+36.8%$191/sqft
        Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4613861 Report a problem
        1/1/2005Sold$164,500$140/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$842 -11.9%$379,800 +0.7%
        2024$956 -74.8%$377,200 +1.1%
        2023$3,788 +12.2%$373,200 +23.5%
        2022$3,376 +1.3%$302,100 +30%
        2021$3,332 +1.5%$232,400 +4.8%
        2020$3,282 +0.5%$221,800 +2.6%
        2019$3,267 -4.5%$216,200 +4.8%
        2018$3,421 +9.5%$206,200 +0.8%
        2017$3,125 +0.4%$204,500 +1.6%
        2016$3,113 -2%$201,200
        2015$3,177 +9.4%$201,200
        2014$2,903 -1.1%$201,200 -1.6%
        2013$2,936 -2%$204,500
        2012$2,996 +1.9%$204,500 -3.4%
        2011$2,940 +7.8%$211,600
        2010$2,728 +1.7%$211,600 -2%
        2009$2,682 $215,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 56096

        Getting around

        6 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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