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Pending
  • $199,900

    114 Reed St S, Waterville, MN 56096

    3beds
    2,408sqft
    : 
    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
    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.
    28 days
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    323
    |
    6
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    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#: 7035455MLS Logo

      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
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        Estimated market value

        $198,800

        $189,000 - $209,000

        $2,311/mo

        Price history

        Price history
        DateEventPrice
        3/19/2026Pending sale$199,900$83/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7035455 Report a problem
        3/11/2026Listed for sale$199,900-4.1%$83/sqft
        Source: RASM #7039604 Report a problem
        3/11/2026Listing removed$208,500$87/sqft
        Source: RASM #7038755 Report a problem
        2/21/2026Listed for sale$208,500$87/sqft
        Source: RASM #7038755 Report a problem
        2/5/2026Listing removed$208,500$87/sqft
        Source: RASM #7038755 Report a problem
        12/29/2025Price change$208,500-1.7%$87/sqft
        Source: RASM #7038755 Report a problem
        11/18/2025Price change$212,000-7.4%$88/sqft
        Source: RASM #7038755 Report a problem
        10/27/2025Price change$229,000-2.6%$95/sqft
        Source: RASM #7038755 Report a problem
        10/6/2025Listed for sale$235,000+1858.3%$98/sqft
        Source: RASM #7038755 Report a problem
        8/1/1990Sold$12,000$5/sqft
        Source: Agent Provided Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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
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          Climate risks

          Neighborhood: 56096

          Getting around

          52 / 100
          Somewhat Walkable
          48 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 56096

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