NOT LISTED FOR SALE

551 2nd Ave NW Wells, MN 56097

Estimated Value: $156,000 - $183,000

3 Beds
1 Bath
1,201 Sq Ft
$144/Sq Ft Est. Value

About This Home

This home is located at 551 2nd Ave NW, Wells, MN 56097 and is currently estimated at $172,693, approximately $143 per square foot. 551 2nd Ave NW is a home located in Faribault County with nearby schools including United South Central Elementary School, United South Central High School, and Covenant Life School.

Range of Values:

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
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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

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 $2,002 $158,400 $57,700 $100,700
2024 $2,056 $127,800 $40,400 $87,400
2023 $2,066 $125,300 $37,700 $87,600
2022 $1,832 $118,000 $37,700 $80,300
2021 $2,978 $99,400 $33,200 $66,200
2020 $2,626 $99,400 $33,200 $66,200
2019 $2,322 $82,400 $21,100 $61,300
2018 $2,318 $68,300 $6,900 $61,400
2017 $2,296 $70,100 $7,000 $63,100
2015 $2,126 $70,100 $7,000 $63,100
2013 -- $70,100 $7,000 $63,100
Source: Public Records

Map

Minnesota Faribault County Wells 56097

551 2nd Ave NW, Wells, MN

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