616 Jefferson Ave SW, Watertown, MN, 55388
About This Home
Enjoy the ease of one-level living in this well-maintained 2-bedroom, 2-bath townhome in the heart of Watertown! The thoughtfully designed main level features an open-concept kitchen, dining, and living area that creates an inviting and versatile space. The spacious primary suite and convenient main-level laundry offer comfort and functionality, while a second bedroom and ¾ bath provide the perfect setup for guests, a home office, or additional living space. The unfinished lower level presents an incredible opportunity to build instant equity, with room to finish a large family room, third bedroom, third bathroom, and abundant storage. Step outside to your deck overlooking a lovely backyard, where you can relax and unwind. Located just steps from Highland Park and nearby walking trails, you’ll enjoy easy access to outdoor recreation while still being close to everything Watertown has to offer. Whether you’re looking to simplify with main-level living or searching for a home with room to grow, this townhome offers the perfect combination of comfort, convenience, and future potential. Don’t miss this one!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1996
Materials
- Roof: Age 8 Years or Less
- Construction materials: Block
Type & Style
- Home type: Townhouse
- Property subType: (TH) Side x Side
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Block,Drain Tiled,Egress Window(s),Full,Sump Pump,Unfinished
Bedroom
- Level: Main
- Area: 208
- Dimensions: 16x13
Bedroom2
- Level: Main
- Area: 150
- Dimensions: 15x10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 140
- Dimensions: 14x10
Features
- Finished area below ground: 0
- Finished area above ground: 1,500
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,000
- Total interior livable area: 1,500 sqft
Kitchen
- Level: Main
- Area: 121
- Dimensions: 11x11
Laundry
- Level: Main
- Area: 42
- Dimensions: 7x6
Living Room
- Level: Main
- Area: 336
- Dimensions: 21x16
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 854300020
- Attached to another structure: Yes
- Zoning description: Residential-Single Family
- Foundation area: 1500
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck
- Fencing: None
Lot
- Lot size: 3,049 sqft
- Lot size dimensions: 36 x 88 x 36 x 88
Parking
- Total spaces: 2
- Parking features: Attached,Asphalt
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Carver County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,466 | $17,592 |
| Home Insurance * | $254 | $3,048 |
| Property Taxes | $271 | $3,252 |
| Electricity | $170 | $2,050 |
| Total | $2,161 | $25,932 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Price change | $279,500 |
| 2026-07-31 | Listed for sale | $290,000 |
| 2002-11-04 | Sold | $145,000 |
| 1997-01-13 | Sold | $119,900 |
| 1996-10-09 | Sold | $119,900 |
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