Welcome to this 2 story home nestled in the heart of Waterville-a welcoming small-town community where neighbors know one another and life moves at a comfortable pace. Located a few blocks from Lake Tetonka, the scenic Sakatah Singing Hills Trail, neighborhood parks, and local dining, this home offers the charm of small-town living with the convenience of major shopping, services, and employers only 15–20 minutes away in either direction. Elementary school sits just two blocks away, with convenient bussing at the corner for older students. Inside, the main level has been thoughtfully updated to create an inviting and functional living space. A previous wall was removed to open the layout into a bright, oversized living room—perfect for relaxing at home or welcoming family and friends. The renovated kitchen is truly the heart of the home. Expanded for greater function, it features abundant oak cabinetry, generous storage, and a large center island with comfortable seating for four—an ideal gathering place for everyday meals, conversation, and celebrations. An upper-level addition provides 3 spacious bedrooms, flex space & laundry, full bath. The main floor has a full bath, adding convenience to the home’s practical layout. Major updates provide confidence and peace of mind for years to come: • New furnace (2023) • New roof on both the home and garage (2022)• 13 new windows installed in 2023, with 5 additional windows replaced in 2003• Newer water heater• Water softener included• Living room carpet (2021)• Upper-level carpet (2022)• Washer and dryer included Comfortable backyard features a patio area, alley access, detached garage. With many of the significant improvements already completed, this well-cared-for home is ready for its next chapter. Whether you are purchasing your first home, looking for a comfortable place to grow, or simply seeking the charm of a welcoming community near the lake, this Waterville property offers a wonderful opportunity. Financing options include FHA, VA, and Rural Development (RD), Conventional programs making homeownership more accessible for many buyers.
Pending
$199,900
114 Reed St S, Waterville, MN 56096
3beds
2,408sqft
Est.:
Residential
Built in 1900
4,878.72 Square Feet Lot
$198,800 Zestimate®
$83/sqft
$-- HOA
What's special
Detached garageGenerous storageAlley accessPatio areaComfortable backyardAbundant oak cabinetryWasher and dryer included
- 28 days |
- 323 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 19, 2026 at 12:33pm
Listed by:
Pamela A Davey 507-381-4323,
Realty Executives Associates
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7035455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bathroom
- Level: Main
Family room
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Upper
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Wall Unit(s)
Features
- Basement: Block,Other,Sump Pump,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,408
- Total interior livable area: 2,408 sqft
- Finished area above ground: 1,958
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Asphalt, Garage Door Opener
- Garage spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (14x22)
Accessibility
- Accessibility features: No Stairs External
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,878.72 Square Feet
- Dimensions: 37 x 132
Details
- Foundation area: 1200
- Parcel number: 247401260
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & HOA
Community
- Subdivision: West Waterville
HOA
- Has HOA: No
Location
- Region: Waterville
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $183,200
- Annual tax amount: $2,134
- Date on market: 3/11/2026
- Cumulative days on market: 15 days
Estimated market value
$198,800
$189,000 - $209,000
$2,311/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/19/2026 | Pending sale | $199,900$83/sqft |
Source: | ||
| 3/11/2026 | Listed for sale | $199,900-4.1%$83/sqft |
Source: | ||
| 3/11/2026 | Listing removed | $208,500$87/sqft |
Source: | ||
| 2/21/2026 | Listed for sale | $208,500$87/sqft |
Source: | ||
| 2/5/2026 | Listing removed | $208,500$87/sqft |
Source: | ||
| 12/29/2025 | Price change | $208,500-1.7%$87/sqft |
Source: | ||
| 11/18/2025 | Price change | $212,000-7.4%$88/sqft |
Source: | ||
| 10/27/2025 | Price change | $229,000-2.6%$95/sqft |
Source: | ||
| 10/6/2025 | Listed for sale | $235,000+1858.3%$98/sqft |
Source: | ||
| 8/1/1990 | Sold | $12,000$5/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,134 +8.9% | $183,200 +1.3% |
| 2024 | $1,960 +4.5% | $180,800 +6.9% |
| 2023 | $1,876 +13.1% | $169,200 +5.2% |
| 2022 | $1,658 +15% | $160,900 +24.9% |
| 2021 | $1,442 +7.5% | $128,800 +15.5% |
| 2020 | $1,342 +1.1% | $111,500 +44.6% |
| 2019 | $1,327 +15.1% | $77,100 +19.5% |
| 2018 | $1,153 +12.9% | $64,500 +5% |
| 2017 | $1,021 +20.3% | $61,400 +25.3% |
| 2016 | $849 +5.5% | $49,000 +9.9% |
| 2015 | $805 +20% | $44,600 +6.7% |
| 2014 | $671 +0.1% | $41,800 +1.2% |
| 2013 | $670 +4.7% | $41,300 +7.3% |
| 2012 | $640 -5.6% | $38,500 -10.7% |
| 2011 | $678 +6.3% | $43,100 -40% |
| 2010 | $638 -3.3% | $71,800 -7.4% |
| 2009 | $660 | $77,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,211/mo
Principal & interest
$1031
Property taxes
$180
More affordability tools
Climate risks
Neighborhood: 56096
Nearby schools
GreatSchools rating
- 6/10Waterville Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 8/10Waterville-Elysian-Morristown Jr.Grades: 7-8Distance: 6.4 mi
- 6/10Waterville-Elysian-Morristown Sr.Grades: 9-12Distance: 0.4 mi
Local experts in 56096
- Minnesota
- Le Sueur County
- Waterville
- 56096
- 114 Reed St S





