500 2nd St E, Waconia, MN 55387
Property image
Property image
OFF MARKET

$391,400

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,300 sqft

500 2nd St E, Waconia, MN 55387

Est. Refi. Payment $2,421/mo*
Refinance Your Home
Currently Off Market - Sold May 6, 2020 for $263,000

Home Value

Trulia Estimate
$391K
Since last month
Decreased$5K (-1.3%)
Since last year
Increased$9K (+2.4%)
Since last sale
Increased$128K (+48.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +69% in the last 10 years
MonthEstimated value
2026
August 2026$391K
August 2026$390K
July 2026$396K
June 2026$398K
May 2026$395K
April 2026$390K
March 2026$384K
February 2026$379K
January 2026$373K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
540 E 2nd St, Waconia, MN
0.05
Single-Family Home
$360,000
08/06/26
4
2
2,240
405 E Main St, Waconia, MN
0.13
Single-Family Home
$440,000
07/31/26
4
1.5
2,300
345 E Main St, Waconia, MN
0.15
Single-Family Home
$375,000
12/05/25
4
1.5
2,324
433 E 2nd St, Waconia, MN
0.05
Single-Family Home
$340,000
11/25/25
4
3
1,950
508 E 2nd St, Waconia, MN
0.01
Single-Family Home
$325,000
06/04/26
3
1
2,246
232 S Orange St, Waconia, MN
0.13
Single-Family Home
$375,000
04/16/26
3
2
2,463
333 S Orange St, Waconia, MN
0.20
Single-Family Home
$371,000
05/18/26
4
1.5
2,374
500 E 1st St, Waconia, MN
0.07
Single-Family Home
$275,000
04/10/26
2
1
2,339
241 E 1st St, Waconia, MN
0.18
Single-Family Home
$416,000
07/31/26
3
2.5
1,931
125 E Lake St, Waconia, MN
0.33
Single-Family Home
$415,000
10/10/25
4
3
2,846

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
500 E 2nd St, Waconia, MN 55387
0.01
$371,600
4
2
2,312
Off Market
508 E 2nd St, Waconia, MN 55387
0.01
$325,000
3
1
2,246
Recently Sold
433 E 2nd St, Waconia, MN 55387
0.05
$340,000
4
3
1,950
Recently Sold
540 E 2nd St, Waconia, MN 55387
0.05
$360,000
4
2
2,240
Recently Sold
501 E 1st St, Waconia, MN 55387
0.03
$336,200
2
1.5
1,600
Off Market
533 E 1st Street, Waconia, MN 55387
0.05
$341,300
3
2
1,834
Off Market
241 S Orange St, Waconia, MN 55387
0.11
$369,400
3
2
1,438
Off Market
257 S Orange St, Waconia, MN 55387
0.12
$366,927
4
2
2,420
For Sale
524 E 1st St, Waconia, MN 55387
0.08
$396,700
3
2
1,860
Off Market
625 E 1st St, Waconia, MN 55387
0.11
$368,000
2
2
2,636
Recently Sold
629 E 1st St, Waconia, MN 55387
0.12
$345,800
2
2
2,713
Off Market
232 S Orange St, Waconia, MN 55387
0.13
$375,000
3
2
2,463
Recently Sold

Local Information

  • Map ViewExplore the area around 500 2nd St E.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1951
2,300 sqft
$170/sqft
Garage

About this House

This single-family home is located at 500 2nd St E, Waconia, MN. 500 2nd St E is in Waconia, MN and in ZIP code 55387. This property has 4 bedrooms, 2 bathrooms and approximately 2,300 sqft of floor space. This property has a lot size of 9539 sqft and was built in 1951.
500 2nd St E, Waconia, MN 55387 is a 4 bedroom, 2 bathroom, 2,300 sqft single-family home built in 1951. It last sold for $263,000 on May 6, 2020. More recently, it was listed as a rental in October 2022 with an asking price of $1,025 per month. That rental listing was removed on October 10, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $391,400, with a rent estimate of $2,884/month.

Home Details for 500 2nd St E

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Baseboard, GasHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Stories: 1.5Floors: Carpet

Exterior Features

Exterior Home Features
Roof: CompositionExterior: MetalFoundation Type: Other
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1951Year Updated: 1983
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 9539 sqft

Additional Information

On Site Laundry Available

Price and Tax history

DateEventPrice
Oct 10, 2022
Source: Zillow Rental Manager
ListingRemoved
Oct 6, 2022
Source: Zillow Rental Manager
Listed For Rent
$1,025
Apr 20, 2022
Source: Zillow Rental Manager
ListingRemoved
May 6, 2020
Source: N/A
Sold
$263,000
May 3, 2020
Source: Agent Provided
Pending
$269,900

Market trends in Waconia

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$407K
$12KMoM
Sale-to-List Price
—
Price per sq ft
$193
$14MoM
Available listings
73
4MoM

Around this home

What Locals Say about Waconia

At least 40 Trulia users voted on each feature.

  • 96 % Say it's dog friendly

  • 95 % Say people would walk alone at night

  • 91 % Say car is needed

  • 91 % Say kids play outside

  • 90 % Say parking is easy

  • 87 % Say there's holiday spirit

  • 85 % Say yards are well-kept

  • 73 % Say it's quiet

  • 71 % Say streets are well-lit

  • 69 % Say they plan to stay for at least 5 years

  • 63 % Say there are sidewalks

  • 60 % Say neighbors are friendly

  • 57 % Say there are community events

  • 52 % Say there's wildlife

  • 50 % Say it's walkable to grocery stores

  • 43 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Dean Hedstrom
    "We don’t have any dog parks in Waconia but we have several near by in Victoria and Watertown. We also have a great pet store with a pet wash."
    0
    Flag
  • Dean Hedstrom
    "Waconia is a great town with a great school program. There are also lots of activities in the area."
    0
    Flag
  • Jeffrey Thoms
    "We need a dog park and more walkability in our neighborhoods. We also need more public recreational facilities such as outdoor tennis courts, outdoor pickleball courts, outdoor basketball courts, outdoor hockey rinks etc. "
    0
    Flag
  • Jeffrey Thoms
    "Tons of dogs all over the place. I personally have two dogs, however the city itself is not very walkable and there are no dog parks. "
    0
    Flag
  • Jeffrey Thoms
    "They would like how many other dogs are also living in the area. Decent yard sizes. No dog park which is not great. "
    0
    Flag
  • Kittypurrrrrry
    "Downtown is quite cute. I love the water. We have a few nice playgrounds for children. In the few years I’ve lived here we’ve gotten a lot more places to eat out."
    1
    Flag
  • casti
    "Many families with young children. There are many parks nearby and the schools are amazing! Very safe and clean! "
    0
    Flag
  • Janineolsonhome
    "I love living in Waconia !! Love the small town feel and the schools I wouldn’t want to be anywhere else "
    1
    Flag
  • chrislangin
    "Waconia has great schools, is a growing area and just a wonderful place to live. We love the lake life, walking to town for ice cream and also taking the kids to city square park. All of these are within walking distance of our home and it is very enjoyable to be in such a great location. You have to live here too to see what I mean!"
    0
    Flag
  • Zarazua25
    "I used to live in Waconia, but had to move due to a job transfer. I had two children in the Waconia school district. One at Clearwater Middle school and one at Southview. Waconia is a wonderful community with lots to do. The education my kids received was of very high quality and the teachers really care. The town itself is very cozy with many activities for families. There is the lake of course, which has a nice beach, and there is a movie theater, bowling alley, ice skating rink, a very nice community center and walking paths around the the lake, though they don't go all the way around, and many shops in the downtown area. The only negative thing I have to say about Waconia is that it is a bit far from the twin cities, so depending on where you work, you might have a bit of a drive."
    0
    Flag
  • Genine
    "We live in this area and love all that is has to offer. Before we purchased this home, we would come to the area on the weekends to relax, enjoy a good cup of coffee, visit local antique shops, enjoy the lake and nature areas. Now living here is the best!"
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 500 2nd St E

  • What is 500 2nd St E estimated to be worth?
    Trulia's estimated value for 500 2nd St E in Waconia, MN is $391,400.
  • What is the price history for 500 2nd St E?
    500 2nd St E in Waconia, MN last sold for $263,000 in May 2020.
  • Is Waconia a buyer's or seller's market?
    Waconia is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Waconia?
    The median sale price in Waconia is $407K. That is down $12K from the prior month.
  • Does 500 2nd St E have laundry facilities?
    Yes, 500 2nd St E in Waconia, MN has laundry facilities.
  • How big is the lot at 500 2nd St E?
    The lot at 500 2nd St E in Waconia, MN is about 0.22 acres (9,539 sq ft).

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

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Off Market Homes Near 500 2nd St E

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