NOT LISTED FOR SALE

56360 200th St Wells, MN 56097

Estimated Value: $407,000 - $691,100

5 Beds
3 Baths
2,532 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 56360 200th St, Wells, MN 56097 and is currently estimated at $558,367, approximately $220 per square foot. 56360 200th St 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Lutteke Dennis G and Lutteke Diane L
Bought by
Lutteke Trust
Current Estimated Value
$558,367

Purchase Details

Closed on
Oct 29, 2010
Sold by
Wells Concrete Products Co
Bought by
Lutteke Dennis G and Lutteke Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.31%
Mortgage Type
Commercial
Source: Public Records

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
Not Available
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
Lutteke Trust $500 --
Lutteke Dennis G $378,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutteke Dennis G $300,000
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 $3,048 $569,100 $110,600 $458,500
2024 $2,916 $619,600 $113,200 $506,400
2023 $2,884 $510,500 $89,900 $420,600
2022 $2,658 $383,500 $80,800 $302,700
2021 $2,530 $341,300 $71,700 $269,600
2020 $2,546 $332,500 $71,700 $260,800
2019 $2,478 $332,700 $71,700 $261,000
2018 $2,292 $332,700 $71,700 $261,000
2017 $2,494 $381,600 $50,100 $331,500
2015 $1,718 $376,400 $50,100 $326,300
2013 -- $355,600 $71,500 $284,100
Source: Public Records

Map

Minnesota Faribault County Wells 56097

56360 200th St, Wells, MN

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