NOT LISTED FOR SALE

550 2nd Ave SE Wells, MN 56097

Estimated Value: $74,000 - $246,000

3 Beds
1.5 Baths
1,364 Sq Ft
$94/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $12,000 $9 Per Sq Ft

Est. 971% increase in value since last sale

Current estimated payment $781/month

50 Days on Market

Highlights

  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-minute walk to Thompson Park

About This Home

As of August 2019

Handyman Special. Newer furnace and three newer windows. On main level you have a Large open kitchen dining room a spacious living room, laundry and side entry, a 1/4 bath. Upstairs are three bedrooms and a full bath. Huge yard This home is for sale only, any ads on Craigslist showing it for rent is a scam. Agent is related to seller

Last Listed By

KIM HUPER

SUPER REALTY Listed on: 06/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $832

Year Built

  • 1904

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 66 x 140

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Grab Bar In Bathroom
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 302100720

Home Details

Home Type

Single Family

Est. Annual Taxes

$832

Year Built

1904

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Ada Features: Grab Bars in Bathroom
  • Amenities: Eat-In Kitchen
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 0.21
  • Foundation Size: 867
  • L V T Date: 06/20/2019
  • Parcel Number: 302100720
  • Price Per Square Foot: 10
  • Sold Price Per Sq Ft: 5
  • Stories: 2 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 404
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1904

Interior Features

  • Dining Room: Eat-In Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1364
  • Tot Above Grade Sq Ft: 1364
  • Total Fin Square Footage: 1364
  • Total Square Footage: 2231
  • Tot Below Grade Sq Ft: 867

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: United S. Central #2134

Lot Info

  • Estimated Lot Dimensions: 66 x 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Aug 22, 2019
Sold by
Zabel Gerald E
Bought by
Lumikko Timo
Seller's Agent
KIM HUPER
SUPER REALTY
Buyer's Agent
Summer Desmarais
SUPER REALTY
List Price
$22,600
Sold Price
$12,000
Premium/Discount to List
-$10,600
-46.9%
Total Days on Market
50
Current Estimated Value
$128,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,494
Avg. Annual Appreciation
48.75%

Purchase Details

Closed on
Jul 7, 2014
Sold by
Zabel Gerald E
Bought by
Zabel Terry and Zabel Barry

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
Lumikko Timo $12,000 Minnesota River Valley Ttl &
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $12,000 -46.9% $9 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $22,600 -- $17 / 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 $832 $28,700 $12,000 $16,700
2023 $554 $24,900 $8,400 $16,500
2022 $564 $23,300 $8,400 $14,900
2021 $544 $21,200 $6,300 $14,900
2020 $430 $21,200 $6,300 $14,900
2019 $404 $22,600 $5,000 $17,600
2018 $440 $21,900 $4,000 $17,900
2017 $432 $25,000 $4,000 $21,000
2015 $372 $25,000 $4,000 $21,000
2013 -- $25,000 $4,000 $21,000
Source: Public Records

Agents Affiliated with this Home

  • KIM HUPER

    Seller's Agent in 2019

    KIM HUPER

    SUPER REALTY

    (507) 327-4890

    83 Total Sales

    KIM HUPER
    Section Image
  • Summer Desmarais

    Buyer's Agent in 2019

    Summer Desmarais

    SUPER REALTY

    (507) 525-7796

    15 Total Sales

    Summer Desmarais
    Section Image
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Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 7021309

REALTOR® Association of Southern Minnesota

APN: 30.210.0720

Minnesota Faribault County Wells 56097

550 2nd Ave SE, Wells, MN

Homes for Sale in Wells, MN

This home is located at 550 2nd Ave SE, Wells, MN 56097 since 20 June 2019 and is currently estimated at $128,494, approximately $94 per square foot. This property was built in 1904. 550 2nd 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.

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.