NOT LISTED FOR SALE

553 1st Ave SE Wells, MN 56097

Estimated Value: $168,000 - $227,000

4 Beds
2 Baths
1,305 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $198,000 $152 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,334/month

148 Days on Market

Highlights

  • Deck
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Workroom
  • 1-minute walk to Thompson Park

About This Home

As of May 2023

Updated home with 3 garage stalls and large fenced in backyard! Main floor entrance transitions from hallway with large coat closet to updated dining room. Living room with large picture window and carpet looks out to the front of home. Circular floor plan around to large kitchen. Designated first floor laundry room and access to back deck conveniently located off the kitchen. One bedroom and a full bathroom finish out the main level. Upstairs houses three bedrooms and a full bathroom. Lower level has large finish-able area, utilities and storage space. The exterior of the home has many highlights including two detached garages, one 14x22 and the second 24x24, a deck off the back of the home and a fenced in back yard. Updates include Garage re-shingled on home and two stall garage (2020) and one stall (2022). Updated windows and flooring throughout (2020). Call today for a showing of this wonderful home!

Last Agent to Sell the Property

Sonja Zoet

Real Broker, LLC Brokerage Email: sonja@sonjazoet.com Listed on: 12/06/2022

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1900

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 83x140
  • Property is Fully Fenced

Parking

  • 3 Car Garage

Interior Spaces

  • 1,305 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Workroom
  • Unfinished Basement

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Charles N Andrews Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 302100610

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,345

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water - In Street
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1305
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1025
  • Attribution Contact: sonja@sonjazoet.com
  • Attribution Contact: sonja@sonjazoet.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1305
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Laundry, Bedroom 2, Bedroom 3, Bedroom 4, Work Room
  • SqFtTotal: 2330.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Full
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 884

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Washer/Dryer Hookup

Schools

  • Junior High Dist: United South Central
  • SchoolDistrictNumber: 2134
  • SchoolDistrictPhone: 507-553-3134

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 83x140
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 302100610
  • Tax Annual Amount: 1345
  • TaxWithAssessments: 1414.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2022
Closed on
May 19, 2023
Sold by
Melin Alexander and Melin Ashley
Bought by
Olson Tyler
Seller's Agent
Sonja Zoet
Real Broker, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$209,900
Sold Price
$198,000
Premium/Discount to List
-$11,900
-5.67%
Views
72
Current Estimated Value
$202,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,877
Avg. Annual Appreciation
2.50%
Original Mortgage
$197,000
Outstanding Balance
$192,679
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$16,071

Purchase Details

Closed on
Jan 15, 2021
Sold by
Stern Allen B and Stern Joan M
Bought by
Melin Ashley A and Melin Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2020
Sold by
Stoen Anthony J and Stoen Kristin K
Bought by
Stern Allen B and Stern Joan M
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
Olson Tyler $198,000 --
Melin Ashley A $140,000 None Available
Stern Allen B $60,000 None Available
Melin Ashley Ashley $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Tyler $197,000
Previous Owner Melin Ashley A $80,000
Closed Melin Ashley Ashley $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $198,000 +4.3% $152 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $189,900 -5.0% $146 / Sq Ft
01/09/2023 01/09/23 Price Changed $199,900 -4.8% $153 / Sq Ft
12/06/2022 12/06/22 For Sale $209,900 -- $161 / Sq Ft
Source: NorthstarMLS

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 $2,572 $128,000 $14,600 $113,400
2023 $2,062 $130,700 $10,800 $119,900
2022 $1,414 $95,700 $10,800 $84,900
2021 $816 $57,500 $8,100 $49,400
2020 $428 $50,500 $8,100 $42,400
2019 $402 $49,500 $6,500 $43,000
2018 $390 $48,100 $5,000 $43,100
2017 $382 $47,800 $5,000 $42,800
2015 $644 $47,800 $5,000 $42,800
2013 -- $47,800 $5,000 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6314974

NorthstarMLS

APN: 30.210.0610