NOT LISTED FOR SALE

499 7th Ave SW Wells, MN 56097

Estimated Value: $154,147 - $168,000

4 Beds
2.5 Baths
2,143 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $100,000 $47 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,047/month

131 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Bathroom on Main Level
  • 2 Car Attached Garage
  • Patio
  • 4-minute walk to Half Moon Park

About This Home

As of June 2014

4 Bedroom, 2 1/2 Bath, Rambler with Double Attached Garage on Concrete Street in Southwest Wells near the new USC School. The successful buyer will enjoy the flow of this home. The covered front entry has two doors. The first door leads to a large breezeway that accesses the kitchen, garage and back patio. The second door opens to the front entry which is located on the north end of the living room. The kitchen has floor to ceiling cabinets. The new countertops are highlighted with an exposed wooden edge. There is even a desk area for a computer. The kitchen appliances will remain in the home. The dining area opens to the living room. Three bedrooms and a bath complete the main floor. In the basement you will find a very large family room, the fourth bedroom, a bathroom, laundry area, and utility room.

Last Agent to Sell the Property

Zoa Heckman

Brad Heggen Realty, Inc Listed on: 11/08/2013

Last Buyer's Agent

Zoa Heckman

Brad Heggen Realty, Inc Listed on: 11/08/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,942

Year Built

  • 1960

Lot Details

  • Lot Dimensions are 82x150
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Walkup Attic
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 30.008.0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,942

Year Built

1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Broadband Available, Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Patio
  • Assessment Balance: 33.58
  • Assessments: Yes
  • Construction: Previously Owned
  • Mechanicals: Water Softener-Owned, Sump Pump
  • Parcel Number: 30.008.0180
  • Stories: 1 Story
  • Taxes With Assessments: 1384
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x12, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Kitchen, 14x11, On Level: Main
  • Room 4: Family Room, 40x15, On Level: Basement
  • Room 5: Laundry Room, 15x11, On Level: Basement
  • Room 6: Bedroom, 13x12, On Level: Main
  • Room 7: 12x9, On Level: Main
  • Room 8: Bedroom, 9x8, On Level: Main
  • Room 9: Bedroom, 12x11, On Level: Basement
  • Room 10: Bathroom, 7x7, On Level: Main
  • Room 11: Bathroom, 5x4, On Level: Main
  • Room 12: Bathroom, 9x4, On Level: Basement
  • Room 13: Foyer, 18x7, On Level: Main
  • Room 14: Pantry, 2'6"x4, On Level: Main
  • Room 15: Porch, 8x3, On Level: Main
  • Basement Features: Egress Windows, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1143
  • Below Grade Finished Sq Ft: 1000
  • Total Fin Square Footage: 2143
  • Total Square Footage: 2143

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Steel
  • 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: 82x150
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
May 30, 2014
Sold by
Anderson Amy B
Bought by
Jacobson Robert P and Jacobson Ramona L
Seller's Agent
Zoa Heckman
Brad Heggen Realty, Inc
Buyer's Agent
Zoa Heckman
Brad Heggen Realty, Inc
List Price
$129,900
Sold Price
$100,000
Premium/Discount to List
-$29,900
-23.02%
Current Estimated Value
$160,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,287
Avg. Annual Appreciation
4.99%
Original Mortgage
$95,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
Colvin Ruth A
Bought by
Ruth Ann Colvin Trust

Purchase Details

Closed on
Mar 31, 2008
Sold by
Sand James and Sand Rosemary B
Bought by
Colvin Ruth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,250
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jacobson Robert P $100,000 None Available
Ruth Ann Colvin Trust -- None Available
Colvin Ruth A $92,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Robert P $35,000
Open Jacobson Robert $90,000
Closed Jacobson Robert P $95,000
Previous Owner Colvin Ruth A $83,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $100,000 -23.0% $47 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
11/08/2013 11/08/13 For Sale $129,900 -- $61 / 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 $1,942 $121,200 $14,500 $106,700
2023 $2,284 $119,700 $11,200 $108,500
2022 $1,900 $127,800 $11,200 $116,600
2021 $1,822 $102,100 $8,400 $93,700
2020 $1,766 $102,100 $8,400 $93,700
2019 $1,660 $96,100 $6,700 $89,400
2018 $1,616 $93,500 $4,100 $89,400
2017 $1,572 $93,900 $4,100 $89,800
2015 $1,324 $93,900 $4,100 $89,800
2013 -- $93,900 $4,100 $89,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4560735

REALTOR® Association of Southern Minnesota

APN: 30.008.0180