NOT LISTED FOR SALE

501 7th Ave SW Wells, MN 56097

Estimated Value: $160,000 - $219,000

3 Beds
1 Bath
1,800 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $104,000 $58 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,208/month

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Porch
  • Bathroom on Main Level
  • 5-minute walk to Half Moon Park

About This Home

As of September 2019

Gorgeous 1955 Rambler, 3 Bedroom 1 Bathroom, with Single stall attached garage on a Quiet Street, Close to the School, Half Moon Park and Skate Park, With full Bathroom and all Bedrooms on one level, including Main floor Laundry, This home features a Huge family room off the back of the house, with 3 large windows and a door leading out to the back, where you will find a spacious backyard with a shed. Large clean Basement ready to be finished. featuring a Radon System.

Last Agent to Sell the Property

Summer Desmarais

SUPER REALTY License #40484408 Listed on: 07/02/2019

Co-Listed By

KIM HUPER

SUPER REALTY

Last Buyer's Agent

Summer Desmarais

SUPER REALTY License #40484408 Listed on: 07/02/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Year Built

  • 1955

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Dining Room

Kitchen

  • Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Storage Shed
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 300080810

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.26
  • Foundation Size: 1170
  • L V T Date: 07/02/2019
  • Mechanicals: Water Softener-Owned, Circuit Breaker
  • Parcel Number: 300080810
  • Price Per Square Foot: 35
  • Sold Price Per Sq Ft: 35
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1448
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 21x12.5, On Level: Main
  • Room 2: Kitchen, 12.7x9, On Level: Main
  • Room 3: Family Room, 29.4x19.6, On Level: Main
  • Room 4: Laundry Room, On Level: Main
  • Room 5: Master Bedroom, 12.1x12, On Level: Main
  • Room 6: Bathroom, 9.4x6.10, On Level: Main
  • Room 7: 9.2x9.1, On Level: Main
  • Room 8: Bedroom, 10.1x9, On Level: Main
  • Room 9: Other, On Level: Lower
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1800
  • Tot Above Grade Sq Ft: 1800
  • Total Fin Square Footage: 1800
  • Total Square Footage: 2970
  • Tot Below Grade Sq Ft: 1170

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

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: 75x150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2022
Sold by
Shirley E Tveit Trust
Bought by
Jeremy Rosin W and Rosin Heather M
Current Estimated Value
$187,530

Purchase Details

Closed on
Sep 3, 2021
Sold by
Tveit Shirley E and Shirley E Tveit Trust
Bought by
Rosin Jeremy W and Rosin Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,648
Interest Rate
2.7%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Jul 2, 2019
Closed on
Sep 6, 2019
Sold by
Neubauer Eric J and Neubauer Stacey
Bought by
Domaszewski Stanley and Domaszewski Fay
Seller's Agent
Summer Desmarais
SUPER REALTY
Buyer's Agent
Summer Desmarais
SUPER REALTY
List Price
$115,000
Sold Price
$104,000
Premium/Discount to List
-$11,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$93,600
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
Schultz Robert E
Bought by
Neubauer Eric J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
5.36%
Mortgage Type
New Conventional
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
Jeremy Rosin W $68,400 --
Rosin Jeremy W $68,400 None Available
Domaszewski Stanley $104,000 Minnesota River Valley Ttl &
Neubauer Eric J $67,272 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosin Jeremy W $8,648
Previous Owner Domaszewski Stanley $93,600
Previous Owner Neubauer Eric J $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $104,000 0.0% $58 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/16/2019 07/16/19 Price Changed $104,000 -9.6% $58 / Sq Ft
07/16/2019 07/16/19 Price Changed $115,000 0.0% $64 / Sq Ft
07/02/2019 07/02/19 For Sale $115,000 -- $64 / 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 $2,600 $177,900 $18,800 $159,100
2024 $2,688 $156,100 $12,600 $143,500
2023 $2,540 $156,000 $10,400 $145,600
2022 $2,120 $139,200 $10,400 $128,800
2021 $1,792 $110,800 $7,800 $103,000
2020 $1,540 $100,900 $7,800 $93,100
2019 $1,448 $87,200 $6,200 $81,000
2018 $1,250 $85,100 $4,100 $81,000
2017 $1,224 $78,600 $4,100 $74,500
2015 $1,030 $78,600 $4,100 $74,500
2013 -- $78,600 $4,100 $74,500
Source: Public Records

Agents Affiliated with this Home

  • Summer Desmarais

    Seller's Agent in 2019

    Summer Desmarais

    SUPER REALTY

    (507) 525-7796

    14 Total Sales

    Summer Desmarais
    Section Image
  • KIM HUPER

    Seller Co-Listing Agent in 2019

    KIM HUPER

    SUPER REALTY

    (507) 327-4890

    83 Total Sales

    KIM HUPER
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021423

REALTOR® Association of Southern Minnesota

APN: 30.008.0810

Minnesota Faribault County Wells 56097

501 7th Ave SW, Wells, MN

This home is located at 501 7th Ave SW, Wells, MN 56097 since 02 July 2019 and is currently estimated at $187,530, approximately $104 per square foot. This property was built in 1955. 501 7th Ave 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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