OFF MARKET

Off market sep 2023 for $550K

$585,906

Est. refi paymentEst. refi $4,301/mo

•

—

sq ft

575 Raleigh Cir, Watertown, MN 55388

About this home

Motivated sellers. Huge price reduction! Handsome two-story in Kings Highlands neighborhood. Open concept main level features a great room with recently renovated fireplace, new custom built-ins, flooring, center-island kitchen & stainless appliances. Office w/ double doors serves as a formal dining room but is ideally situated for working remotely. Large deck offers outstanding privacy. Built-in “Fit-Spa” hot tub overlooks the paver patio, lush lawn and spectacular wooded views. Expedited commute to downtown Minneapolis via adjacent Hwy 20/6 to 12/393 with no stop lights. Access creates a streamlined commute. Home improvements include new soft water system, reverse osmosis for clean/clear drinking water, Rachio automated sprinkler system, front, side and backyards. System determines water needs based on automated daily weather reports. No setting or handling required. Brand new top-of-the-line Kitchen-Aid kitchen dishwasher. Agents to verify all measurements.

Single-familyProperty Type

2012Year Built

0.35 acresLot Size

3 car garageParking

Listed by Mike Rosolanka • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6381020

Redfin Estimate

$585,906

$36K since sold in September 2023$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13% higher than the average sale price ($518K) of 6 comparable homes.

SOLD AUG 14, 2026
$505,000
A
5 beds4 baths— sq ft
1270 Knight Ln, Watertown, MN 55388
SOLD SEP 10, 2026
$451,000
B
4 beds3 baths— sq ft
965 Aspen Cir, Watertown, MN 55388
SOLD SEP 2, 2026
$475,000
C
4 beds3 baths— sq ft
1241 Knight Ln, Watertown, MN 55388
SOLD SEP 3, 2026
$530,000
D
5 beds4 baths— sq ft
9646 Gander Ln, St Bonifacius, MN 55375
SOLD MAR 27, 2026
$519,900
E
5 beds4 baths— sq ft
1201 Bishop Cir, Watertown, MN 55388
SOLD JUN 30, 2026
$629,999
F
4 beds3 baths— sq ft
5147 Harvest Curv, Mayer, MN 55360

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Earn from this home

Sell

$135,190

Est. take-home

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Refinance

Est. cash available

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Rent

$3,690/mo

Redfin rental estimate

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Market trends in 55388, MN

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

99.6%

0.5% MoM

Median sale price

$391K

$5K MoM

Avg. days on market

38d

9 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 34 HRS AGO
$300,000
3 beds2 baths1,559 sq ft
409 Westminster Ave SW, Watertown, MN 55388
$410,000
4 beds2 baths2,013 sq ft
813 Hickory Curv, Watertown, MN 55388
$325,000
3 beds3 baths2,343 sq ft
675 Sienna Dr, Watertown, MN 55388
OPEN SUN, 12PM TO 2PM
$284,900
3 beds2 baths1,915 sq ft
704 Reo Rd, Watertown, MN 55388
$325,000
5 beds3 baths2,010 sq ft
501 White St SW, Watertown, MN 55388
See all

Provided by Redfin

Sale history for 575 Raleigh Cir

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6381020

Sep 1, 2023

Sold

$550,000

Aug 2, 2023

Pending

—

Jul 20, 2023

Price Changed

$569,900

Jul 13, 2023

Price Changed

$579,900

Jul 6, 2023

Price Changed

$581,900

Jun 29, 2023

Price Changed

$584,400

Jun 12, 2023

Price Changed

$586,900

Jun 2, 2023

Listed

$599,900

NORTHSTARMLS as Distributed by MLS Grid #6259964

Oct 5, 2022

Listing Removed

—

Sep 16, 2022

Listed

$599,900

NORTHSTARMLS as Distributed by MLS Grid #5608869

Jul 30, 2020

Sold

$460,000

Jul 7, 2020

Pending

—

Jun 27, 2020

Contingent

—

Jun 16, 2020

Listed

$474,900

+32

Exquisite Hans Hagen built home in The Kings Highlands community! "The Covington" floor plan with 4 Br's on one level + open loft. Great main level spaces with a large foyer, open informal dining area & private den/office. Lower level finished-out by builder when new with a large lower level family room, 5th bedroom and walkout to patio. Awesome NEW deck and INCLUDED 8 x 11 "Fit-Spa" Hot Tub with gorgeous wooded, sunset views in back.

NORTHSTARMLS as Distributed by MLS Grid #5555610

Jun 16, 2020

Listing Removed

—

Jun 3, 2020

Price Changed

$479,900

May 11, 2020

Price Changed

$489,900

Apr 23, 2020

Listed

$499,900

NORTHSTARMLS as Distributed by MLS Grid #3638424

Jun 17, 2009

Listing Removed

—

Jan 21, 2009

Listed

$79,900

Year

Property tax

Land + Additions

Assessment*

2025

$7,080 (+2.7%)

$105,000 + $446,900

$551,900

2024

$6,896 (+1.2%)

$105,000 + $451,600

$556,600

2023

$6,812 (+2.3%)

$105,200 + $454,500

$559,700

2022

$6,662 (−5.8%)

$87,600 + $382,900

$470,500

2021

$7,072 (+1.9%)

$87,600 + $388,200

$475,800

2020

$6,938 (+5.3%)

$87,600 + $375,300

$462,900

2019

$6,586

$83,400 + $357,000

$440,400

2018

$6,588 (+13.8%)

2017

$5,788 (+4.2%)

2015

$5,554 (−0.1%)

2014

$5,562 (+1,164.1%)

2013

$440 (−54.0%)

2012

$956

$44,600

Tax history for 575 Raleigh Cir

Year

Property tax

Land + Additions

Assessment*

2025

$7,080 (+2.7%)

$105,000 + $446,900

$551,900

2024

$6,896 (+1.2%)

$105,000 + $451,600

$556,600

2023

$6,812 (+2.3%)

$105,200 + $454,500

$559,700

2022

$6,662 (−5.8%)

$87,600 + $382,900

$470,500

2021

$7,072 (+1.9%)

$87,600 + $388,200

$475,800

2020

$6,938 (+5.3%)

$87,600 + $375,300

$462,900

2019

$6,586

$83,400 + $357,000

$440,400

2018

$6,588 (+13.8%)

2017

$5,788 (+4.2%)

2015

$5,554 (−0.1%)

2014

$5,562 (+1,164.1%)

2013

$440 (−54.0%)

2012

$956

$44,600

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.37 Acres

Year renovated

2012

Sq. Ft.

3,162

Year built

2012

Style

Single Family Residential

County

Carver County

APN

85.274028

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Garage Door Opener, Insulated Garage
Garage Spaces: 3
Garage Dimensions: 30 x 27
Garage Sq. Ft.: 810
Carport Spaces: 0

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 2
# of Half Baths (Total): 1
Description: 3/4 Basement,3/4 Primary,Basement,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath

Room 1 Information
Room Type: Living Room
Room Dimensions: 15 x 12
Room Level: Main

Room 2 Information
Room Type: Dining Room
Room Dimensions: 12 x 18
Room Level: Main

Room 3 Information
Room Type: Family Room
Room Dimensions: 27 x 14
Room Level: Lower

Room 4 Information
Room Type: Kitchen
Room Dimensions: 14 x 14
Room Level: Main

Room 5 Information
Room Type: Bedroom 1
Room Dimensions: 14 x 13
Room Level: Upper

Room 6 Information
Room Type: Bedroom 2
Room Dimensions: 11 x 10
Room Level: Upper

Room 7 Information
Room Type: Bedroom 3
Room Dimensions: 12 x 11
Room Level: Upper

Room 8 Information
Room Type: Bedroom 4
Room Dimensions: 12 x 12
Room Level: Upper

Room 9 Information
Room Type: Bedroom 5
Room Dimensions: 13 x 11
Room Level: Lower

Room 10 Information
Room Type: Office
Room Dimensions: 11 x 12
Room Level: Main

Room 11 Information
Room Type: Laundry
Room Dimensions: 9 x 6
Room Level: Upper

Room 12 Information
Room Type: Loft
Room Dimensions: 13 x 11
Room Level: Upper

Basement Information
Has Basement
Basement Features: Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout

Dining Room Information
Dining Room Features: Breakfast Bar,Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room

Other Rooms Information
2nd Floor Laundry,3 BR on One Level,4 BR on One Level

Fireplace Information
# of Fireplaces: 1
Fireplace Features: Gas, Living Room

Heating & Cooling
Heating Information: Forced Air, Fireplace(s)
Cooling Information: Central Air

Interior Features
Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Office, Laundry, Loft
Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Exterior

Building Information
Construction Materials: Brick/Stone, Fiber Cement, Vinyl Siding
Foundation Area: 1,646
Roof: Age 8 Years or Less, Asphalt

Property Information
Total Sq. Ft.: 3,992
Above Ground Total Sq. Ft.: 2,346
Below Ground Total Sq. Ft.: 1,646
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 2,346
Below Grade Finished Area: 816
Amenities: Ceiling Fan(s),Deck,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Tile Floors

Lot Information
Lot Features: Tree Coverage - Light
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Dimensions: 57x38x195x53x53x190
Road Frontage Type: City Street, No Outlet/Dead End, Paved Streets

Financial

Assessment Information
Other Annual Assessment Amount: $33

Tax Information
Tax Annual Amount: $6,812
Tax Year: 2023
Tax With Assessments: $6,812

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

HOA Information
Association Fee Frequency: N/A

School Information
High School District: Watertown-Mayer
School District Number: 111
School District Phone: 952-955-0480

Location Information
Directions: Cty Rd 10 to Newton Ave, South to Castle Ridge Rd, West to Knight Ln, left to Raleigh Cir home on right.
Map Coordinate: 101-A4

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 3,162
Stories: 2.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 2012
Year Renovated: 2012
County: Carver County
APN: 85.274028

Home facts updated by county records on Jul 30, 2026

Other

Home Information
Living Area: 3162
Main Level Finished Area: 1646.0000
Age Of Property: 12
Levels: Two

Around this home

Schools

Watertown-Mayer Elementary School

Public K-4 • Assigned • 1.4mi

9/10

Watertown-Mayer Middle School

Public 5-8 • Assigned • 1.5mi

9/10

Watertown Mayer High School

Public 9-12 • Assigned • 1.5mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Watertown, MN • 55388

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.4 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.4 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$557,000 – $674,000

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Nearby similar homes

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501 White St SW, Watertown, MN 55388

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2051 River Bend Trl, Mayer, MN 55360

OPEN SUN, 2PM TO 4PM

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New listings for sale in 55388

NEW 34 HRS AGO3D WALKTHROUGH

$300,000

3 beds2 baths1,559 sq ft

409 Westminster Ave SW, Watertown, MN 55388

$410,000

4 beds2 baths2,013 sq ft

813 Hickory Curv, Watertown, MN 55388

$325,000

3 beds3 baths2,343 sq ft

675 Sienna Dr, Watertown, MN 55388

OPEN SUN, 12PM TO 2PM

$284,900

3 beds2 baths1,915 sq ft

704 Reo Rd, Watertown, MN 55388

$325,000

5 beds3 baths2,010 sq ft

501 White St SW, Watertown, MN 55388

Home values near 575 Raleigh Cir

Data from public records.

Address	Redfin Estimate
510 Raleigh Circle, Watertown, MN 5 Beds \| 3 Baths \| - Sq. Ft.	$571,151
549 Raleigh Circle, Watertown, MN 5 Beds \| 4 Baths \| 3360 Sq. Ft.	$554,487

Address	Redfin Estimate
500 Raleigh Circle, Watertown, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$601,760
501 Raleigh Circle, Watertown, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$680,967

Address	Redfin Estimate
530 Raleigh Circle, Watertown, MN 4 Beds \| 3 Baths \| 2425 Sq. Ft.	$467,328
1361 Knight Lane, Watertown, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$558,959

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 55388, MN

Sale history for 575 Raleigh Cir

Tax history for 575 Raleigh Cir

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55388

Home values near 575 Raleigh Cir

More real estate resources