NOT LISTED FOR SALE

231 3rd Ave SW Wells, MN 56097

Estimated Value: $274,080 - $310,000

3 Beds
2 Baths
1,590 Sq Ft
$181/Sq Ft Est. Value

About This Home

This home is located at 231 3rd Ave SW, Wells, MN 56097 and is currently estimated at $287,693, approximately $180 per square foot. 231 3rd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2022
Sold by
The Housing And Redevelopment Authority
Bought by
Tolzmann Loren and Tolzmann Eileen
Current Estimated Value
$287,693

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
Outstanding Balance
$55,655
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$232,038
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
Tolzmann Loren $251,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tolzmann Loren D $60,000
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 $3,844 $207,800 $24,500 $183,300
2024 $3,824 $214,700 $17,200 $197,500
2023 $69 $211,200 $11,600 $199,600
2022 $0 $0 $0 $0
Source: Public Records

Map

Minnesota Faribault County Wells 56097

231 3rd Ave SW, Wells, MN

This home is located at 231 3rd Ave SW, Wells, MN 56097 and is currently estimated at $287,693, approximately $180 per square foot. 231 3rd 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.

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