NOT LISTED FOR SALE

490 7th Ave SW Wells, MN 56097

Estimated Value: $135,976 - $205,000

3 Beds
1 Bath
1,144 Sq Ft
$157/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2018

Last sale price $56,355 $49 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $1,067 / mo

24 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Wood Flooring
  • Bathroom on Main Level
  • 4-minute walk to Half Moon Park

About This Home

As of June 2018

3BR 1BA rambler located in Wells. Main floor offers a spacious living room, dining room, and open kitchen. 3 same floor bedrooms with hardwood flooring and a full bathroom round out the main level. Basement is unfinished but offers great potential. Large yard and a double detached garage are just a few other perks!

Last Agent to Sell the Property

Dennis Terrell

RE/MAX DYNAMIC AGENTS License #20370666 Listed on: 03/26/2018

RE/MAX DYNAMIC AGENTS

Last Buyer's Agent

KIM HUPER

SUPER REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1958

Parking

  • 2 Car Detached Garage

Home Design

  • 1,144 Sq Ft Home
  • Ranch Style House
  • Metal Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Unfinished Basement

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 303840870

Home Details

Home Type

Single Family

Year Built

1958

Lot Details

0 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Hardwood Floors, Tiled Floors
  • Foreclosure: Undisclosed
  • Foundation Size: 1144
  • L V T Date: 03/26/2018
  • Mechanicals: Sump Pump
  • Parcel Number: 303840870
  • Potential Short Sale: Undisclosed
  • Stories: 1 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1144
  • Tot Above Grade Sq Ft: 1144
  • Total Fin Square Footage: 1144
  • Total Square Footage: 2288
  • Tot Below Grade Sq Ft: 1144

Exterior Features

  • Construction Type: Concrete Block
  • Exterior: Wood
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 10, 2018
Sold by
Bought by
Seller's Agent
Dennis Terrell
RE/MAX DYNAMIC AGENTS
Buyer's Agent
KIM HUPER
SUPER REALTY
List Price
$52,000
Sold Price
$56,355
Premium/Discount to List
$4,355
8.38%
Current Estimated Value
$179,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,389
Avg. Annual Appreciation
15.60%
Original Mortgage
$54,601
Outstanding Balance
$47,121
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$132,623

Purchase Details

Closed on
Jan 4, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,694
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$56,291 None Available
$60,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $54,601
Previous Owner $62,694
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/07/2018 06/07/18 Sold $56,355 +8.4% $49 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $52,000 -- $45 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,168 $100,400 $17,500 $82,900
2024 $1,250 $84,500 $12,300 $72,200
2023 $1,160 $86,100 $9,600 $76,500
2022 $1,536 $77,600 $9,600 $68,000
2021 $1,472 $62,700 $7,200 $55,500
2020 $1,448 $62,700 $7,200 $55,500
2019 $926 $58,500 $5,800 $52,700
2018 $1,014 $56,700 $4,000 $52,700
2017 $884 $56,500 $4,000 $52,500
2015 $748 $56,500 $4,000 $52,500
2013 -- $56,500 $4,000 $52,500
Source: Public Records

Agents Affiliated with this Home

  • Dennis Terrell

    Seller's Agent in 2018

    Dennis Terrell

    RE/MAX

    (507) 340-4562

    157 Total Sales

    Dennis Terrell
    Section Image
  • KIM HUPER

    Buyer's Agent in 2018

    KIM HUPER

    SUPER REALTY

    (507) 327-4890

    76 Total Sales

    KIM HUPER
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7017095

REALTOR® Association of Southern Minnesota

APN: 30.384.0870

Minnesota Faribault County Wells 56097

490 7th Ave SW, Wells, MN

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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