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.
Active
Price cut: $3.5K (12/29)
$208,500
114 Reed St S, Waterville, MN 56096
3beds
2,408sqft
Est.:
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
- 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#: 7038755
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
Estimated market value
$204,800
$195,000 - $215,000
$2,152/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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
- 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
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.





