NOT LISTED FOR SALE

405 S Broadway Wells, MN 56097

Estimated Value: $165,904 - $172,000

1 Bed
2 Baths
4,769 Sq Ft
$35/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $105,000 $22 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $870/month

24 Days on Market

Highlights

  • Recreation Room
  • Mud Room
  • Home Office
  • Corner Lot
  • No HOA
  • 4-minute walk to Thompson Park

About This Home

As of June 2023

This charming former church building, originally built in 1905, is currently being used as a daycare but has endless possibilities. It still boasts original features such as a bell tower and offers a huge main level with an office and plenty of space. The upper level has a large loft and additional space that can be used as living quarters or bedrooms. The lower level is fully finished with a large kitchen, bedroom, and 2-1/4 bathrooms. This property is zoned for commercial and residential use, making it a flexible space for a variety of buyers. Don't miss out on this opportunity to own a piece of history in Wells, MN!

Last Agent to Sell the Property

R Scott Olson

eXp Realty Listed on: 04/07/2023

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions are 140x39x140x39
  • Corner Lot
  • Zoning described as Business/Commercial,Residential-Single Family

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Mud Room
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Wells Subdivision

Listing and Financial Details

  • Assessor Parcel Number 302004210

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 3315
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full, Storage Space, Walkout
  • Appliances: Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 4769
  • Below Grade Finished Sq Ft: 1454
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Bedroom 1, Recreation Room, Office, Mud Room, Loft, Bonus Room

Beds/Baths

  • Total Bedrooms: 1
  • One Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched

Garage/Parking

  • Parking Features: Gravel, Other

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Natural Woodwork,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 140x39x140x39
  • Lot Size Sq Ft: 7013.16
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Business/Commercial,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 302004210
  • Tax Annual Amount: 69
  • TaxWithAssessments: 69.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2024
Sold by
Wells Assembly Of God
Bought by
Schuler Annette M
Current Estimated Value
$168,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,274
Outstanding Balance
$157,551
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$10,675

Purchase Details

Closed on
Dec 26, 2019
Sold by
Wells Assembly Of God
Bought by
Foley Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Schuler Annette M $164,200 Near North Title
Foley Mary $10,000 Minnesota River Valley Ttl &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuler Annette M $159,274
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2023 06/20/23 Sold $105,000 -12.5% $22 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $120,000 -- $25 / Sq Ft
Source: NorthstarMLS

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 $69 $128,500 $6,800 $121,700
2024 $69 $0 $0 $0
2023 $69 $0 $0 $0
2022 $69 $0 $0 $0
2021 $69 $0 $0 $0
2020 $79 $0 $0 $0
2019 $75 $0 $0 $0
2018 $75 $0 $0 $0
2017 $75 $0 $0 $0
2015 $75 $0 $0 $0
2013 -- $147,200 $11,200 $136,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6352030

NorthstarMLS

APN: 30.200.4210

Your Personal Tour Guide

Ask me questions while you tour the home.