$21,000
SOLD AUG 18, 2016

335 1st Ave SW Wells, MN 56097

3 Beds
2 Baths
2,700 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

9% Below List Price

49 Days on Market

Highlights

  • 2 Car Detached Garage
  • Hot Water Heating System
  • Wood Siding
  • Central Air

About This Home

As of November 2021

3 bedroom, 2 bath with double detached garage. Large lot and located right in the heart of Wells. HUD homes are sold "as is". Agents to verify all info is correct. www.mmrem.com manages property. All bids must be placed on www.hudhomestore.com. Case number is 271-951494. Cross streets are 4th St SW and 2nd Ave SW.

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 06/08/2016

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Judy Ness

HOMESTEAD REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,786

Year Built

  • 1909

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Washer and Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Central Air
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 302001840

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,786

Year Built

1909

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Washer/Dryer Hookups
  • Estimated Number of Acres: 0.16
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Undisclosed
  • Foundation Size: 900
  • L V T Date: 06/08/2016
  • Parcel Number: 302001840
  • Potential Short Sale: Undisclosed
  • Price Per Square Foot: 9
  • Sold Price Per Sq Ft: 8
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1400
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1909

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1800
  • Below Grade Finished Sq Ft: 900
  • Tot Above Grade Sq Ft: 1800
  • Total Fin Square Footage: 2700
  • Total Square Footage: 2700
  • Tot Below Grade Sq Ft: 900

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Hot Water
  • Sewer: City
  • Water: City

Schools

  • School District: Maple River #2135

Lot Info

  • Estimated Lot Dimensions: 50x140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2021
Closed on
Nov 17, 2021
Sold by
Roberts Justin L
Bought by
Scherff Duane L and Scherff Judith J
Seller's Agent
Summer Desmarais
SUPER REALTY
Buyer's Agent
Reanne Meyer
EXIT REALTY- Great Plains
List Price
$187,500
Sold Price
$159,000
Premium/Discount to List
-$28,500
-15.2%
Current Estimated Value
$190,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,978
Avg. Annual Appreciation
5.62%
Original Mortgage
$55,000
Outstanding Balance
$44,852
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$149,510

Purchase Details

Closed on
Aug 4, 2020
Sold by
Anderson Kari M
Bought by
Roberts Justin L

Purchase Details

Listed on
Apr 9, 2018
Closed on
Sep 28, 2018
Sold by
Nelson Jonathan and Nelson Leslie
Bought by
Roberts Justin L and Anderson Kari M
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Non Member
Non-Member
List Price
$109,900
Sold Price
$88,500
Premium/Discount to List
-$21,400
-19.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$87,474
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2016
Closed on
Aug 18, 2016
Sold by
Secretary Housing Urban Development
Bought by
Nelson Jonathan and Nelson Leslie
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Judy Ness
HOMESTEAD REALTY, LLC
List Price
$23,000
Sold Price
$21,000
Premium/Discount to List
-$2,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.73%

Purchase Details

Closed on
Mar 8, 2013
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $159,000 Burnet Title
Quit Claim Deed -- None Available
Warranty Deed $88,500 None Available
Warranty Deed -- North American Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 New Conventional
Previous Owner $87,474 New Conventional
Previous Owner $49,500 Credit Line Revolving
Previous Owner $80,032 FHA
Previous Owner $69,300 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $159,000 -3.6% $50 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $165,000 -4.9% $52 / Sq Ft
08/25/2021 08/25/21 Price Changed $173,500 -3.6% $54 / Sq Ft
07/27/2021 07/27/21 Price Changed $179,900 -4.1% $56 / Sq Ft
07/11/2021 07/11/21 For Sale $187,500 +111.9% $59 / Sq Ft
09/28/2018 09/28/18 Sold $88,500 0.0% $28 / Sq Ft
07/30/2018 07/30/18 Off Market $88,500 -- --
07/30/2018 07/30/18 Pending -- -- --
06/21/2018 06/21/18 Price Changed $104,000 -5.4% $33 / Sq Ft
04/09/2018 04/09/18 For Sale $109,900 +423.3% $34 / Sq Ft
08/18/2016 08/18/16 Sold $21,000 -8.7% $8 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $23,000 -- $9 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,786 $154,600 $8,600 $146,000
2023 $2,600 $160,800 $8,300 $152,500
2022 $1,288 $141,900 $6,400 $135,500
2021 $1,236 $77,700 $4,800 $72,900
2020 $1,878 $77,700 $4,800 $72,900
2019 $1,824 $76,800 $3,800 $73,000
2018 $1,646 $75,900 $2,900 $73,000
2017 $1,578 $71,100 $2,900 $68,200
2015 $1,342 $71,100 $2,900 $68,200
2013 -- $71,100 $2,900 $68,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7011852

REALTOR® Association of Southern Minnesota

APN: 30.200.1840