Listed at
$199,900
$102/sqft

West Waterville

114 S Reed Street, Waterville, MN, 56096
3  Bedrooms2  Bathrooms1,958  Square Feet0.112  Acres
Days on market201
Year built1900
Garage spaces1
TypeResidential
Est. $2,997buyer credit when you buy with SODL
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About this home

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.

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Home facts

Property typeResidential
Year built1900
LevelsTwo
Living area1,958 sqft
Above-grade finished1,958 sqft
Below-grade finished0 sqft
Lot size0.112 acres (37x132)
Days on market201
ListedMar 11, 2026
MLS #NST7035455
CountyLe Sueur
SubdivisionWest Waterville
Parcel #247401260

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Wall Unit(s)
Basement
Block, Other, Sump Pump, Unfinished · 0 sqft finished

Property

Levels / stories
Two
Garage
1 space · 14x22 · 240 sqft
Parking features
Detached Garage, Asphalt, Garage Door Opener
Lot size
0.112 acres
Lot dimensions
37x132
Accessibility
No Stairs External

Construction

Property type
Residential
Foundation
1,200 sqft
Year built
1900

Utilities

Water
City Water - In Street
Sewer
City Sewer - In Street
Fuel
Natural Gas

Community & HOA

Subdivision
West Waterville
HOA
No HOA
School district
Waterville-Elysian-Morristown

Financial & listing details

Annual tax
$2,134 (2025)
Tax with assessments
2152
Listed
Mar 11, 2026
Days on market
201 · 8 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementBlock, Other, Sump Pump, Unfinished
HeatingForced Air
CoolingWall Unit(s)
AccessibilityNo Stairs External

Exterior & lot

Foundation area1,200 sqft
ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street
SewerCity Sewer - In Street
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Asphalt, Garage Door Opener
Garage spaces1
Garage size240 sqft

Financial details

Annual taxes$2,134
Tax year2025
Taxes w/ assessments2152
Assessment pendingYes
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number1047
District phone5072753115
High schoolWaterville-Elysian-Morristown
SODL flat fee brokerage
$2,997Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,997

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,295/mo
Principal & interest$1,051
Property taxes$178
Home insurance (est.)$67
%
$39,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

114 S Reed Street, Waterville, MN, 56096

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Listing information

MLS #NST7035455
StatusPending
Last updatedMar 19, 2026, 7:33 PM
Originally listedMar 11, 2026, 3:50 PM
Listing officeRealty Executives Associates

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.