NOT LISTED FOR SALE

24297 600th Ave Wells, MN 56097

Estimated Value: $195,000 - $244,000

3 Beds
2 Baths
1,469 Sq Ft
$150/Sq Ft Est. Value

About This Home

This home is located at 24297 600th Ave, Wells, MN 56097 and is currently estimated at $220,512, approximately $150 per square foot. 24297 600th Ave is a home located in Faribault County with nearby schools including United South Central Elementary School and United South Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2012
Sold by
Passin Leroy C
Bought by
Possin Layne
Current Estimated Value
$220,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$207,911
Interest Rate
3.83%
Mortgage Type
Unknown
Estimated Equity
$12,601

Purchase Details

Closed on
Mar 29, 2005
Sold by
Bathke Russell L and Bathke Rita
Bought by
Possin Layne and Possin Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.88%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Possin Layne $70,000 None Available
Possin Layne $287,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Possin Layne $300,000
Previous Owner Possin Layne $900,000
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 $882 $172,600 $55,000 $117,600
2024 $656 $188,700 $55,000 $133,700
2023 $558 $136,800 $35,200 $101,600
2022 $520 $120,900 $40,000 $80,900
2021 $504 $110,900 $35,000 $75,900
2020 $650 $105,900 $35,000 $70,900
2019 $630 $117,000 $35,000 $82,000
2018 $677 $115,500 $35,000 $80,500
2017 $611 $115,500 $35,000 $80,500
2015 $523 $106,700 $35,000 $71,700
2013 -- $102,300 $35,000 $67,300
Source: Public Records

Map

Minnesota Faribault County Wells 56097

24297 600th Ave, Wells, MN

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