NOT LISTED FOR SALE

483 8th St SW Wells, MN 56097

Estimated Value: $209,000 - $224,972

3 Beds
2 Baths
1,950 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $207,000 $106 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,428/month

196 Days on Market

About This Home

As of January 2022

Wonderfully maintained 3 bed 2 bath rambler with so much to offer! The heated, attached garage with enters directly into the kitchen, which boasts ample cabinet storage and a movable center island with breakfast bar. Directly off the kitchen is a living room with large bay window and vaulted ceilings. The main floor has 3 good size bedrooms, a full bath, and main floor laundry. Downstairs is the place to hang out! A massive family room complete with home theatre and surround sound. Off the family room, a bonus space and potentially a future 4th bedroom could be down here as an egress window is already installed. A quaint office and additional storage room completes the lower level. Head outside the sliding doors off the kitchen to the patio to entertain! A huge backyard with storage shed awaits, and the entire backyard is surrounded by a privacy fence. Won't last long!

Last Agent to Sell the Property

Tim Schultz

RE/MAX DYNAMIC AGENTS Listed on: 06/04/2021

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,734

Year Built

2001

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Broadband Available, Ceiling Fans, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups, Combination Windows (L), Double Pane Windows (L), Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Fenced Yard - Full, Patio
  • Estimated Number of Acres: 0.26
  • Construction: Previously Owned
  • Foundation Size: 1100
  • L V T Date: 06/04/2021
  • Mechanicals: Air to Air Exchange, Water Heater-Electric, Water Softener-Owned, Sump Pump, Circuit Breaker
  • Parcel Number: 304241240
  • Price Per Square Foot: 94
  • Sold Price Per Sq Ft: 94
  • Stories: 1 Story
  • Taxes With Assessments: 2150
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Dining Room: Breakfast Bar, Eat-In Kitchen
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Kitchen, 14x13, On Level: Main
  • Room 2: Living Room, 16.5x14.5, On Level: Main
  • Room 3: Bedroom, 10x10, On Level: Main
  • Room 4: Bedroom, 13x12.5, On Level: Main
  • Room 5: Bedroom, 13.5x9.5, On Level: Main
  • Room 6: Family Room, 38x13.5, On Level: Basement
  • Room 7: 12.5x12.5, On Level: Basement
  • Room 8: Den/Office, 7.5x6, On Level: Basement
  • Room 9: Storage Room, On Level: Basement
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1100
  • Below Grade Finished Sq Ft: 850
  • Tot Above Grade Sq Ft: 1100
  • Total Fin Square Footage: 1950
  • Total Square Footage: 2200
  • Tot Below Grade Sq Ft: 1100

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: United S. Central #2134

Lot Info

  • Estimated Lot Dimensions: 35 x 150
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets, Underground Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jan 28, 2022
Sold by
Swehla Chad D
Bought by
Marti Michael Joseph
Seller's Agent
Tim Schultz
RE/MAX DYNAMIC AGENTS
Buyer's Agent
Non Member
Non-Member
List Price
$209,900
Sold Price
$207,000
Premium/Discount to List
-$2,900
-1.38%
Current Estimated Value
$217,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,243
Avg. Annual Appreciation
1.33%
Original Mortgage
$13,500
Outstanding Balance
$9,368
Interest Rate
2.77%
Estimated Equity
$207,314
Source: Public Records

Range of Values:

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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
Marti Michael Joseph $207,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marti Michael Joseph $13,500
Open Marti Michael Joseph $197,395
Previous Owner Marti Michael Joseph $13,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $207,000 0.0% $106 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $207,000 -1.4% $106 / Sq Ft
06/04/2021 06/04/21 For Sale $209,900 -- $108 / 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 $2,734 $160,600 $13,100 $147,500
2023 $2,498 $158,200 $10,400 $147,800
2022 $2,244 $137,400 $10,400 $127,000
2021 $2,150 $115,700 $7,800 $107,900
2020 $2,086 $115,700 $7,800 $107,900
2019 $1,974 $109,000 $6,200 $102,800
2018 $2,024 $106,300 $3,500 $102,800
2017 $1,960 $111,100 $3,500 $107,600
2015 $1,652 $111,100 $3,500 $107,600
2013 -- $111,100 $3,500 $107,600
Source: Public Records

Agents Affiliated with this Home

  • Tim Schultz

    Seller's Agent in 2022

    Tim Schultz

    RE/MAX

    (507) 931-5313

    48 Total Sales

    Tim Schultz
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non-Member

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7027220

REALTOR® Association of Southern Minnesota

APN: 30.424.1240

Minnesota Faribault County Wells 56097

483 8th St SW, Wells, MN

This home is located at 483 8th St SW, Wells, MN 56097 since 04 June 2021 and is currently estimated at $217,243, approximately $111 per square foot. This property was built in 2001. 483 8th St SW 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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