NOT LISTED FOR SALE

490 490 Sw 7th St Wells, MN 56098

Estimated Value: $177,000 - $238,000

4 Beds
2.5 Baths
2,054 Sq Ft
$95/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $172,500 $84 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,180/month

61 Days on Market

About This Home

As of February 2024

Absolutely stunning! This 4 bedroom, 3 bathroom home has been meticulously refinished in all rooms including updates; new roof, electrical panel, plumbing, updated wiring, and so much more. Large living room, completely refinished kitchen, main floor bathroom and a large main floor bedroom. Upstairs you will find 3 bedrooms on the same level and a bathroom. The basement features the 3rd bathroom and a large area that boasts great potential.

Last Agent to Sell the Property

Alexander Phippen

TRUE REAL ESTATE License #40666915 Listed on: 10/28/2023

TRUE REAL ESTATE

Last Buyer's Agent

TRACI SCHUCH

Waseca Realty License #20033764

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $795

Year Built

  • Built in 1884

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 100 x 70

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 305820010

Home Details

Home Type

Single Family

Est. Annual Taxes

$795

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Estimated Number of Acres: 0.16
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 736
  • L V T Date: 10/28/2023
  • Mechanicals: Water Heater-Electric, Circuit Breaker
  • Parcel Number: 305820010
  • Price Per Square Foot: 70
  • Sold Price Per Sq Ft: 71
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1164
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 17'10x12'11, On Level: Main
  • Room 2: Kitchen, 17'3x11'6, On Level: Main
  • Room 3: Master Bedroom, 15'5x11'7, On Level: Main
  • Room 4: Bedroom, 13'5x11'5, On Level: Second Floor
  • Room 5: 13'5x9'8, On Level: Second Floor
  • Room 6: Bedroom, 12'7x12'1, On Level: Second Floor
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1684
  • Below Grade Finished Sq Ft: 370
  • Tot Above Grade Sq Ft: 1684
  • Total Fin Square Footage: 2054
  • Total Square Footage: 2420
  • Tot Below Grade Sq Ft: 736

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Out Buildings: Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • 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: 100 x 70

Building Info

  • Year Built: 1884

Tax Info

  • Year: 2023
  • Tax Value: 795

MLS Schools

  • School District: United S. Central #2134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Feb 7, 2024
Sold by
Estrada Karyna and Bryan Alonso
Bought by
Miller Walker J
Seller's Agent
Alexander Phippen
TRUE REAL ESTATE
Buyer's Agent
TRACI SCHUCH
Waseca Realty
List Price
$174,900
Sold Price
$172,500
Premium/Discount to List
-$2,400
-1.37%
Views
75
Current Estimated Value
$194,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,081
Avg. Annual Appreciation
6.10%
Original Mortgage
$174,242
Outstanding Balance
$171,338
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$18,515

Purchase Details

Closed on
Jul 26, 2023
Sold by
Ajx Realty I Llc
Bought by
Galdamez Karyna

Purchase Details

Closed on
Nov 1, 2022
Sold by
Ajx Mortgage Trust
Bought by
Ajx Realty I Llc

Purchase Details

Closed on
Jun 23, 2022
Sold by
Mike Gormley
Bought by
Ajx Mortgage Trust
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
Miller Walker J $172,500 Minnesota River Valley Title
Galdamez Karyna $20,000 --
Ajx Realty I Llc -- --
Ajx Mortgage Trust $9,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Walker J $174,242
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $172,500 +1.5% $84 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/27/2023 12/27/23 Price Changed $169,900 -2.9% $83 / Sq Ft
12/26/2023 12/26/23 For Sale $174,900 0.0% $85 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $174,900 -- $85 / 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
2025 $1,830 $142,800 $14,900 $127,900
2024 $1,130 $119,800 $10,400 $109,400
2023 $1,164 $55,400 $6,400 $49,000
2022 $788 $57,100 $6,400 $50,700
2021 $758 $46,500 $4,800 $41,700
2020 $776 $46,500 $4,800 $41,700
2019 $912 $45,400 $3,800 $41,600
2018 $992 $44,900 $3,200 $41,700
2017 $1,328 $51,700 $3,200 $48,500
2015 $850 $51,700 $3,200 $48,500
2013 -- $51,700 $3,200 $48,500
Source: Public Records

Agents Affiliated with this Home

  • Alexander Phippen

    Seller's Agent in 2024

    Alexander Phippen

    TRUE REAL ESTATE

    (507) 525-6022

    174 Total Sales

    Alexander Phippen
    Section Image

  • T

    Buyer's Agent in 2024

    TRACI SCHUCH

    Waseca Realty

    (507) 351-6039

    63 Total Sales

    TRACI SCHUCH
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7033683

REALTOR® Association of Southern Minnesota

APN: 30.582.0010

Minnesota Faribault County Wells 56097

490 490 Sw 7th St, Wells, MN

This home is located at 490 490 Sw 7th St, Wells, MN 56098 since 28 October 2023 and is currently estimated at $194,581, approximately $94 per square foot. This property was built in 1884. 490 490 Sw 7th St 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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