NOT LISTED FOR SALE

507 3rd Ave SE Wells, MN 56097

Estimated Value: $102,000 - $130,000

3 Beds
1 Bath
875 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 507 3rd Ave SE, Wells, MN 56097 and is currently estimated at $115,633, approximately $132 per square foot. 507 3rd Ave SE 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2021
Sold by
Warmka Daniel C and Warmka Deborah A
Bought by
Thomsen Mary K
Current Estimated Value
$115,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Outstanding Balance
$44,090
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$71,543
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thomsen Mary K $52,000 Minnesota River Valley Title
Thomsen Mary Mary $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomsen Mary K $49,400
Closed Thomsen Mary Mary $49,400
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 $1,154 $63,900 $12,300 $51,600
2024 $1,120 $55,000 $8,600 $46,400
2023 $1,116 $54,900 $6,400 $48,500
2022 $982 $50,300 $6,400 $43,900
2021 $942 $39,000 $4,800 $34,200
2020 $968 $39,000 $4,800 $34,200
2019 $928 $38,000 $3,800 $34,200
2018 $998 $37,100 $2,900 $34,200
2017 $958 $41,800 $2,900 $38,900
2015 $818 $41,800 $2,900 $38,900
2013 -- $41,800 $2,900 $38,900
Source: Public Records

Map

Minnesota Faribault County Wells 56097

507 3rd Ave SE, Wells, MN

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