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  • Price cut: $3.5K (12/29)
    $208,500

    114 Reed St S, Waterville, MN 56096

    3beds
    2,408sqft
    : 
    Single Family Residence
    Built in 1900
    4,791.6 Square Feet Lot
    $204,800 Zestimate®
    $87/sqft
    $-- HOA

    What's special

    Detached garageGenerous storageAlley accessAbundant oak cabinetryTwo spacious bedroomsWasher and dryer includedRenovated kitchen
    Welcome to this beautifully refreshed 1.5-story home in the heart of Waterville — a friendly small-town community where you can truly thrive and grow. Just a few blocks from Lake Tetonka, the Sakatah Singing Hills Trail, neighborhood parks, and local dining, this location offers the best of small-community living with the bonus of being only 15–20 minutes from major shopping, services, and employers in either direction. The elementary school is just two blocks away, with convenient bussing right at the corner for older children. Step inside to a thoughtfully updated main level where a former wall was removed to create a bright, oversized living room — perfect for everyday living and welcoming guests. The renovated kitchen stands out immediately, extended for added function and filled with abundant oak cabinetry, generous storage, and a large center island that comfortably seats four. It’s the kind of kitchen that naturally draws everyone in. An upper-level expansion added two spacious bedrooms and a full bath, creating flexibility for family, guests, or a home office. The main floor also features a full bath for added ease. Major improvements give you peace of mind: • New furnace (2023) • New roof on home and garage (2023) • 13 new windows (2023) + 5 additional in 2003 • Newer water heater • Water softener included • Living-room carpet (2021) + upper-level carpet (2022) • Washer & dryer included The backyard offers a cozy retreat with a patio, alley access, and a detached garage — easy to enjoy and easy to maintain. And here’s encouraging news for today’s buyers: Mortgage rates have recently lowered, empowering many to purchase a home with monthly payments similar to — or even less than — what folks are paying in rent across our nearby communities. For accurate numbers, I’m happy to connect you with trusted local mortgage lenders who are available to answer any questions you may have. No pressure, no commitment — just guidance. With so many big-ticket updates already complete, this well-cared-for home is ready for your personal touch. Come experience the charm, walkability, and ease of Waterville living — schedule your showing today.
    109 days
    |
    622
    |
    9
    |

    Likely to sell faster than

    Zillow last checked: 8 hours ago

    Listing updated: December 29, 2025 at 01:10pm

    Listed by:

    PAMELA DAVEY,

    Realty Executives Associates

    Source: RASM,MLS#: 7038755MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Second
    Bedroom 1
    • Level: Second
    Bedroom 2
    • Level: Second
    Dining room
    • Features: Combine with Kitchen, Eat-in Kitchen
    Family room
    • Level: Second
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
    • Laundry: Washer/Dryer Hookups
    Features
    • Ceiling Fan(s), Eat-In Kitchen, Kitchen Center Island, Natural Woodwork, Walk-In Closet(s), Bath Description: Main Floor 3/4 Bath, Upper Level Bath, 3+ Same Floor Bedrooms(L)
    • Windows: Combination Windows (L), Window Coverings
    • Basement: Sump Pump,Unfinished,Block,Stone,Partial
    Interior area
    • Total structure area: 1,708
    • Total interior livable area: 2,408 sqft
    • Finished area above ground: 1,708
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gravel, Detached, Garage Door Opener
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    Lot
    • Size: 4,791.6 Square Feet
    • Dimensions: 37 x 132
    • Features: Landscaped, Few Trees, Paved
    Details
    • Additional structures: Garage(s)
    • Foundation area: 500
    • Parcel number: 24.740.1260
    • Other equipment: Sump Pump

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame/Wood, Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
    Location
    • Region: Waterville

    Financial & listing details

    • Price per square foot: $87/sqft
    • Tax assessed value: $180,800
    • Annual tax amount: $2,134
    • Date on market: 10/6/2025
    • Listing terms: Cash,Conventional,DVA,Rural Development
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    $204,800

    $195,000 - $215,000

    $2,152/mo

    Price history

    Price history
    DateEventPrice
    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
    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%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,288/mo
    Principal & interest
    $1027
    Property taxes
    $188
    Home insurance
    $73

      Climate risks

      Neighborhood: 56096

      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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