NOT LISTED FOR SALE

290 1st Ave SE Wells, MN 56097

Estimated Value: $111,000 - $177,809

3 Beds
1.5 Baths
2,096 Sq Ft
$73/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $75,000 $36 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $1,036/month

10 Days on Market

Highlights

  • Deck
  • Play Room
  • Laundry Room
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

A lot of home for the money! Features open kitchen/dining with breakfast bar, main floor laundry. Large living room and spacious upper level bedrooms wit a nursery plus detached garage. Call today for a private showing.

Last Agent to Sell the Property

Marcia Berg

Edina Realty, Inc. Listed on: 10/02/2023

Edina Realty, Inc.

Last Buyer's Agent

Marcia Berg

Edina Realty, Inc. Listed on: 10/02/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1907

Lot Details

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

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Play Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 100 Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • City/Wells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 302003930

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1907
  • Above Grade Finished Sq Ft: 2096
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2096
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Nursery, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable

Schools

  • Junior High Dist: United South Central
  • SchoolDistrictPhone: 507-553-3134

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50x140
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 302003930
  • Tax Annual Amount: 867
  • TaxWithAssessments: 936.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 9, 2023
Sold by
Johnson Joan M and Johnson Lowell J
Bought by
Johnson Gregory A and Johnson Daniel J
Seller's Agent
Marcia Berg
Edina Realty, Inc.
Buyer's Agent
Marcia Berg
Edina Realty, Inc.
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Views
18
Current Estimated Value
$153,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,452
Avg. Annual Appreciation
39.51%
Original Mortgage
$45,000
Outstanding Balance
$44,213
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$109,239

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 8, 2023
Sold by
Johnson Gregory A and Johnson Becky L
Bought by
Greff Ryan F and Brostrom Heather J
Seller's Agent
Marcia Berg
Edina Realty, Inc.
Buyer's Agent
Marcia Berg
Edina Realty, Inc.
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$44,213
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$109,239

Purchase Details

Listed on
Oct 2, 2023
Closed on
Sep 28, 2023
Sold by
Johnson Lowell J and Johnson Lowell J
Bought by
Gregory Johnson A
Seller's Agent
Marcia Berg
Edina Realty, Inc.
Buyer's Agent
Marcia Berg
Edina Realty, Inc.
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$44,213
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$109,239

Purchase Details

Closed on
Jul 10, 2008
Sold by
Citimortgage Inc
Bought by
Johnson Lowell J and Johnson Joan M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Johnson Gregory A $36,000 None Listed On Document
Greff Ryan F $75,000 None Listed On Document
Gregory Johnson A $36,000 --
Johnson Lowell J $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greff Ryan F $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $75,000 -6.3% $36 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $80,000 -- $38 / Sq Ft
Source: NorthstarMLS

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 $2,786 $163,500 $12,300 $151,200
2024 $2,316 $137,800 $8,600 $129,200
2023 $936 $137,900 $6,400 $131,500
2022 $976 $62,400 $6,400 $56,000
2021 $936 $58,600 $4,800 $53,800
2020 $940 $58,600 $4,800 $53,800
2019 $902 $55,800 $3,800 $52,000
2018 $846 $54,900 $2,900 $52,000
2017 $830 $52,800 $2,900 $49,900
2015 $702 $52,800 $2,900 $49,900
2013 -- $52,800 $2,900 $49,900
Source: Public Records

Agents Affiliated with this Home

  • Marcia Berg

    Seller's Agent in 2023

    Marcia Berg

    Edina Realty, Inc.

    (507) 330-4153

    222 Total Sales

    Marcia Berg
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Map

Source: NorthstarMLS

MLS Number: 6442769

NorthstarMLS

APN: 30.200.3930

Minnesota Faribault County Wells 56097

290 1st Ave SE, Wells, MN

Not Listed for Sale

Detached

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