NOT LISTED FOR SALE

218 3rd Ave SE Wells, MN 56097

Estimated Value: $89,000

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold June 12, 2024

Last sale price $4,500

Est. 1,878% increase in value since last sale

Current estimated payment $543/month

About This Home

As of June 2024

Vacant lot ready for a new home. Downtown Wells and close to public amenities.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Jun 5, 2024
Sold by
Whitman Nancy
Bought by
Love Lauren
Seller's Agent
Rene Waletich
RE/MAX TOTAL REALTY
Buyer's Agent
Vonnie Cone
RE/MAX TOTAL REALTY
List Price
$7,000
Sold Price
$4,500
Premium/Discount to List
-$2,500
-35.71%
Views
42
Current Estimated Value
$89,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,500
Avg. Annual Appreciation
1407.80%

Purchase Details

Closed on
Oct 18, 2023
Sold by
Hillsboro Inlet Llc
Bought by
Whitman Nancy E and Sulgle Woman A

Purchase Details

Closed on
Sep 6, 2018
Sold by
Housing And Redevelopment Authority Of W
Bought by
Hillsboro Inlet Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Conely Willim and Conely Christina
Bought by
Schubbe Deborah J

Purchase Details

Closed on
Aug 17, 2005
Sold by
Walk Michael D
Bought by
Schubbe Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,065
Interest Rate
7.64%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Love Lauren $4,500 --
Whitman Nancy E $8,896 None Listed On Document
Hillsboro Inlet Llc $3,500 None Available
Schubbe Deborah J -- None Available
Schubbe Deborah J $58,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schubbe Deborah J $50,065
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $4,500 -35.7% --
05/28/2024 05/28/24 Pending -- -- --
11/22/2023 11/22/23 For Sale $7,000 -- --

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
2024 $626 $14,600 $14,600 $0
2023 $1,136 $5,400 $5,400 $0
2022 $112 $5,400 $5,400 $0
2021 $106 $3,900 $3,900 $0
2020 $68 $3,900 $3,900 $0
2019 $0 $2,400 $2,400 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2015 -- $0 $0 $0
2013 -- $22,900 $4,200 $18,700
Source: Public Records

Agents Affiliated with this Home

  • Rene Waletich

    Seller's Agent in 2024

    Rene Waletich

    RE/MAX

    (507) 399-9609

    47 Total Sales

    Rene Waletich
    Section Image
  • Vonnie Cone

    Buyer's Agent in 2024

    Vonnie Cone

    RE/MAX

    (507) 848-0114

    345 Total Sales

    Vonnie Cone
    Section Image
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Map

Minnesota Faribault County Wells 56097

218 3rd Ave SE, Wells, MN

This home is located at 218 3rd Ave SE, Wells, MN 56097 and is currently estimated at $89,000. 218 3rd Ave SE 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.

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