NOT LISTED FOR SALE

275 2nd Ave SE Wells, MN 56097

Estimated Value: $196,000 - $233,000

2 Beds
1 Bath
1,196 Sq Ft
$176/Sq Ft Est. Value

About This Home

This home is located at 275 2nd Ave SE, Wells, MN 56097 and is currently estimated at $210,522, approximately $176 per square foot. 275 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 St. Casimir's School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Vinkemeier Justin Carl
Bought by
Garcia Juan Ruiz and Ruiz Jocelyn
Current Estimated Value
$210,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,532
Outstanding Balance
$178,617
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$31,905

Purchase Details

Closed on
May 27, 2021
Sold by
Kuhns Zackary J and Rush Alissa R
Bought by
Vinkemeier Justin Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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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
Garcia Juan Ruiz $185,900 Minnesota River Valley Title
Vinkemeier Justin Carl $155,000 Stewart Title Company
Vinkemeier Justin Justin $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Juan Ruiz $182,532
Previous Owner Vinkemeier Justin Carl $150,350
Closed Vinkemeier Justin Justin $150,350
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 $3,494 $191,100 $24,500 $166,600
2024 $3,374 $173,800 $17,200 $156,600
2023 $2,560 $172,600 $12,800 $159,800
2022 $1,932 $140,100 $12,800 $127,300
2021 $1,852 $103,300 $9,600 $93,700
2020 $1,770 $103,300 $9,600 $93,700
2019 $1,676 $96,200 $7,700 $88,500
2018 $1,320 $94,200 $5,700 $88,500
2017 $1,290 $81,500 $5,700 $75,800
2015 $1,088 $81,500 $5,700 $75,800
2013 -- $81,500 $5,700 $75,800
Source: Public Records

Map

Minnesota Faribault County Wells 56097

275 2nd Ave SE, Wells, MN

Not Listed for Sale

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