NOT LISTED FOR SALE

193 2nd Ave SW Wells, MN 56097

Estimated Value: $56,000 - $118,000

3 Beds
1 Bath
1,381 Sq Ft
$56/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $17,000 $12 Per Sq Ft

Est. 359% increase in value since last sale

Current estimated payment $474/month

46 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Corner Lot
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of September 2013

If you are looking for a home with real potential for some sweat equity and then some comfortable living, then check out this find. Located on a corner lot with a 2 car garage this home has 3 bedrooms and a nice size kitchen. Sure it needs painting, shingles and some interior decor but when you are finished the value has been greatly increased. Check it out for yourself, do not take my word for it.

Last Agent to Sell the Property

CHUCK OMVIG

CENTURY 21 Northland Realty Listed on: 08/01/2013

Last Buyer's Agent

Lori Fette

Brad Heggen Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $748

Year Built

  • 1935

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50'x140'
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,381 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Block Basement Construction

Additional Features

  • Deck
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 32.200.0460

Home Details

Home Type

Single Family

Est. Annual Taxes

$748

Year Built

1935

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.16
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Parcel Number: 32.200.0460
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1228
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Kitchen, 16x10, On Level: Main
  • Room 2: Living Room, 13x13, On Level: Main
  • Room 3: Dining Room, 19x13, On Level: Main
  • Room 4: Bedroom, 13x8, On Level: Main
  • Room 5: Bedroom, 15x9, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Main
  • Room 7: 8x6, On Level: Main
  • Room 8: 4 Season Porch, 21x8, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1381
  • Total Fin Square Footage: 1381
  • Total Square Footage: 1853

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: United S. Central #2134

Lot Info

  • Estimated Lot Dimensions: 50'x140'
  • Lot/Land Description: Corner Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Sep 20, 2013
Bought by
Giese Jeff Jeff
Seller's Agent
CHUCK OMVIG
CENTURY 21 Northland Realty
Buyer's Agent
Lori Fette
Brad Heggen Realty, Inc
List Price
$19,900
Sold Price
$17,000
Premium/Discount to List
-$2,900
-14.57%
Current Estimated Value
$78,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,004
Avg. Annual Appreciation
13.99%
Original Mortgage
$16,000
Outstanding Balance
$12,201
Interest Rate
4.5%
Estimated Equity
$69,582

Purchase Details

Listed on
Aug 1, 2013
Closed on
Aug 13, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
CHUCK OMVIG
CENTURY 21 Northland Realty
Buyer's Agent
Lori Fette
Brad Heggen Realty, Inc
List Price
$19,900
Sold Price
$17,000
Premium/Discount to List
-$2,900
-14.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Outstanding Balance
$12,201
Interest Rate
4.5%
Estimated Equity
$69,582

Purchase Details

Closed on
Jan 8, 2013
Sold by
Longworth Gerald L and Hines Lisa M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 13, 2009
Sold by
Wells Federal Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Giese Jeff Jeff $17,000 --
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $83,860 None Available
Federal Home Loan Mortgage Corporation -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giese Jeff Jeff $16,000
Open Giese Jeffrey $25,000
Previous Owner Longworth Gerald L $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $17,000 -14.6% $12 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $19,900 -- $14 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $748 $31,200 $12,300 $18,900
2024 $672 $34,400 $8,600 $25,800
2023 $1,026 $31,500 $6,400 $25,100
2022 $638 $46,000 $6,400 $39,600
2021 $614 $36,900 $4,800 $32,100
2020 $642 $36,900 $4,800 $32,100
2019 $626 $36,500 $3,800 $32,700
2018 $616 $36,700 $4,000 $32,700
2017 $694 $29,400 $4,000 $25,400
2015 $1,094 $29,400 $4,000 $25,400
2013 -- $57,200 $4,000 $53,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    CHUCK OMVIG

    CENTURY 21 Northland Realty

  • L

    Buyer's Agent in 2013

    Lori Fette

    Brad Heggen Realty, Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4515920

REALTOR® Association of Southern Minnesota

APN: 30.200.0460

Minnesota Faribault County Wells 56097

193 2nd Ave SW, Wells, MN

This home is located at 193 2nd Ave SW, Wells, MN 56097 since 01 August 2013 and is currently estimated at $78,004, approximately $56 per square foot. This property was built in 1935. 193 2nd Ave SW is a home located in Faribault County with nearby schools including United South Central Elementary School, United South Central High School, and St. Casimir's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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