406 S 3rd STREET, Watertown, WI, 53094
About This Home
With scheduled STR income in excess of $50,000 per year and many recent updates, this spacious Watertown home is perfect for an investor or owner occupant. Inside you will find beautiful wood floors, high ceilings, and lots of charm and character. The unique floor plan offers multiple bedrooms and a full bath on each of the 3 levels. The location is convenient to amenities, downtown Watertown, and Highway 16. Brand new boiler March 2026! Welcome home!
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1890
Materials
- Construction materials: Brick,Brick/Stone,Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Victorian/Federal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Window A/C,Disposal,Dryer,Oven,Range,Washer
Basement
- Has basement: Yes
- Basement: Full,Full Size Windows
Bedroom2
- Level: Upper
- Area: 156
Bedroom3
- Level: Upper
- Area: 100
Bedroom4
- Level: Upper
- Area: 156
Bedroom5
- Level: Upper
- Area: 168
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Dining Room
- Level: Main
- Area: 204
Family Room
- Level: Main
- Area: 170
Features
- Flooring: Wood
- Attic: Expandable
Heating & Cooling
- Heating features: Natural Gas,Radiant/Hot Water
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
Kitchen
- Level: Upper
- Area: 168
Living Room
- Level: Main
- Area: 252
Master Bedroom
- Level: Upper
- Area: 210
Property
Details
- Parcel number: 2829108150413044
- Zoning: MR-8
Features
- Levels: Two
- Stories: 2
- Living area range: 2501-3000,2501 or more
Lot
- Lot size: 6,098 sqft
Parking
- Total spaces: 2
- Parking features: Detached,2 Car
- 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
- Cold Wave
- Hail
- Lightning
- Tornado
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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 | $1,567 | $18,804 |
| Home Insurance * | $120 | $1,440 |
| Property Taxes | $374 | $4,488 |
| Electricity | $272 | $3,270 |
| Total | $2,333 | $27,996 |
Income You'd Need if You Spent...
Wisconsin 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 |
|---|---|---|
| 2026-05-11 | Price change | $310,000 |
| 2026-05-05 | Price change | $319,900 |
| 2026-04-09 | Price change | $329,900 |
| 2026-04-08 | Listed for sale | $325,000 |
| 2026-03-06 | Contingent | $325,000 |
| 2026-02-13 | Price change | $325,000 |
| 2025-12-12 | Price change | $334,500 |
| 2025-11-12 | Price change | $339,000 |
| 2025-10-08 | Price change | $349,000 |
| 2025-09-09 | Listed for sale | $350,000 |
| 2021-01-13 | Sold | $180,000 |
| 2020-11-16 | Listed for sale | $189,900 |
| 2019-12-14 | Listing removed | $179,900 |
| 2019-09-04 | Price change | $179,900 |
| 2019-07-03 | Price change | $189,900 |
| 2019-05-29 | Price change | $199,900 |
| 2019-04-27 | Price change | $208,900 |
| 2019-02-13 | Price change | $204,900 |
| 2018-11-07 | Price change | $210,000 |
| 2018-09-24 | Listed for sale | $220,000 |
| 2008-08-22 | Sold | $185,000 |
| 2005-10-26 | Sold | $216,900 |
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