NOT LISTED FOR SALE

175 2nd Ave SE Wells, MN 56097

Estimated Value: $89,000 - $116,444

3 Beds
1 Bath
1,193 Sq Ft
$82/Sq Ft Est. Value

About This Home

This home is located at 175 2nd Ave SE, Wells, MN 56097 and is currently estimated at $97,361, approximately $81 per square foot. 175 2nd Ave SE is a home located in Faribault County with nearby schools including United South Central Elementary School, United South Central High School, and Covenant Life School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Boros Thomas J and Boros Judy L
Bought by
Flores Salvador
Current Estimated Value
$97,361

Purchase Details

Closed on
Jun 16, 2025
Sold by
Meissner Leah J
Bought by
Boros Thomas J and Boros Judy L

Purchase Details

Closed on
Jun 26, 2020
Sold by
Boros Thomas J and Boros Judy L
Bought by
Meissner Leah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.8%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Feb 20, 2020
Sold by
Potter Phillip
Bought by
Boros Thomas J and Boros Judy L

Purchase Details

Closed on
Jan 10, 2019
Sold by
Boros Thomas J and Boros Judy L
Bought by
Potter Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
4.8%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Nov 13, 2017
Sold by
Boros Thomas J and Boros Judy L
Bought by
Woodson Wendy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,100
Interest Rate
8%

Purchase Details

Closed on
Apr 3, 2014
Sold by
Boros Thomas J and Boros Judy L
Bought by
Shappell John K and Ackerman Sandra M

Purchase Details

Closed on
Mar 14, 2014
Sold by
Zuehlke Virgil D and Zuehlke Diane M
Bought by
Boros Thomas J

Purchase Details

Closed on
May 31, 2011
Sold by
Boros Thomas J and Boros Judy L
Bought by
Neal Kathryn
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flores Salvador $90,000 --
Boros Thomas J $500 First American Title
Meissner Leah J $60,000 None Available
Boros Thomas J -- None Available
Potter Phillip $68,900 None Available
Woodson Wendy J -- None Available
Shappell John K $68,900 None Available
Boros Thomas J -- None Available
Neal Kathryn $57,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meissner Leah J $60,000
Previous Owner Potter Phillip $62,400
Previous Owner Woodson Wendy J $55,100
Closed Shappell John K $0
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,184 $103,000 $9,800 $93,200
2024 $1,206 $85,700 $6,900 $78,800
2023 $626 $84,000 $5,200 $78,800
2022 $558 $40,100 $5,200 $34,900
2021 $280 $31,600 $3,900 $27,700
2020 $824 $31,600 $3,900 $27,700
2019 $500 $29,300 $3,100 $26,200
2018 $958 $28,400 $2,200 $26,200
2017 $1,820 $31,300 $2,200 $29,100
2015 $538 $31,300 $2,200 $29,100
2013 -- $31,300 $2,200 $29,100
Source: Public Records

Map

Minnesota Faribault County Wells 56097

175 2nd Ave SE, Wells, MN

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