NOT LISTED FOR SALE

57380 240th St Wells, MN 56097

Estimated Value: $237,000 - $375,000

4 Beds
1.5 Baths
1,845 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $279,900 $152 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,792/month

1 Day on Market

Highlights

  • Barn
  • Wood Flooring
  • Walk-In Closet
  • Reverse Osmosis System
  • 5 Car Attached Garage
  • Grain Storage

About This Home

As of July 2022

Hobby Farm with 5.0 acres, updated home mechanicals, multiple outbuildings with newer shingles and concrete floors.

Last Agent to Sell the Property

Jen True

TRUE REAL ESTATE Listed on: 05/02/2022

Last Buyer's Agent

Mackenzie Kearney

TRUE REAL ESTATE License #40760300

TRUE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,237

Year Built

  • Built in 1932

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 500x435

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,845 Sq Ft Home
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 5 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Storage Shed

Farming

  • Barn
  • Grain Storage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 060090501

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,237

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Walk-In Closet, Washer/Dryer Hookups
  • Estimated Number of Acres: 5
  • Assessment Balance: 53
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 2483
  • L V T Date: 05/03/2022
  • Mechanicals: Water Heater-Gas, Water Osmosis System, Water Softener-Owned
  • Parcel Number: 060090501
  • Price Per Square Foot: 120
  • Sold Price Per Sq Ft: 120
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 1290
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Foyer, 17x8, On Level: Main
  • Room 2: Kitchen, 11x17.5, On Level: Main
  • Room 3: Dining Room, 15.25x13.5, On Level: Main
  • Room 4: Living Room, 13.5x15.25, On Level: Main
  • Room 5: Bedroom, 9.75x9, On Level: Main
  • Room 6: Bedroom, 15x9.75, On Level: Main
  • Room 7: 9x5, On Level: Main
  • Room 8: Bedroom, 9.75x17.75, On Level: Upper
  • Room 9: Bathroom, 9x5, On Level: Upper
  • Room 10: Bedroom, 15.3x11, On Level: Upper
  • Room 11: Foyer, 16x7.25, On Level: Upper
  • Room 12: Den/Office, 10.3x9, On Level: Upper
  • Room 13: Utility Room, 21x23, On Level: Basement
  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1845
  • Tot Above Grade Sq Ft: 1845
  • Total Fin Square Footage: 1845
  • Total Square Footage: 2328
  • Tot Below Grade Sq Ft: 483

Exterior Features

  • Frontage Road: Gravel
  • Construction Type: Frame/Wood
  • Exterior: Aluminum
  • Out Buildings: Barn, Grain Bin, Storage Shed, Garage
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: United S. Central #2134

Lot Info

  • Estimated Lot Dimensions: 500x435

Building Info

  • Year Built: 1932

Tax Info

  • Year: 2022
  • Tax Value: 1237

MLS Schools

  • School District: United S. Central #2134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 1, 2022
Sold by
Lynne Terveer Kara and Lynne Morgan
Bought by
Vincent Gerald A and Lorenz Kimberly
Seller's Agent
Jen True
TRUE REAL ESTATE
Buyer's Agent
Mackenzie Kearney
TRUE REAL ESTATE
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$307,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,198
Avg. Annual Appreciation
2.92%
Original Mortgage
$197,000
Outstanding Balance
$187,695
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$119,403

Purchase Details

Listed on
Jan 14, 2020
Closed on
Apr 2, 2020
Sold by
Weber Joseph G and Weber Brianna
Bought by
Terveer Kara Lynne and Terveer Morgan
Seller's Agent
Logan Silker
ACTION REALTY OF MANKATO
Buyer's Agent
Wade Barslou
RE/MAX TOTAL REALTY
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.33%
Original Mortgage
$166,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2018
Sold by
Evan Joshua and Evan Chelsey
Bought by
Weber Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2012
Sold by
Amundson Blane L and Amundson Kerry A
Bought by
Evan Joshua and Evan Chelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Amundson Lloyd H and Amundson Leann R
Bought by
Amundson Blane L and Amundson Kerry A
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
Vincent Gerald A $279,900 None Listed On Document
Terveer Kara Lynne $175,000 None Available
Weber Joseph G $155,000 Blethen Title Services
Evan Joshua $125,000 None Available
Amundson Blane L $60,030 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vincent Gerald A $197,000
Previous Owner Terveer Kara Lynne $166,250
Previous Owner Weber Joseph G $150,350
Previous Owner Evan Joshua $113,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $279,900 0.0% $152 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $279,900 +59.9% $152 / Sq Ft
04/03/2020 04/03/20 Sold $175,000 +0.1% $95 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $174,900 -0.1% $95 / Sq Ft
01/16/2020 01/16/20 Off Market $175,000 -- --
01/14/2020 01/14/20 For Sale $174,900 -- $95 / 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
2025 $1,876 $287,600 $65,900 $221,700
2024 $1,652 $245,900 $56,500 $189,400
2023 $1,300 $230,700 $40,800 $189,900
2022 $1,290 $159,200 $40,800 $118,400
2021 $1,202 $144,400 $35,800 $108,600
2020 $808 $134,900 $35,800 $99,100
2019 $762 $129,200 $35,800 $93,400
2018 $770 $118,800 $35,800 $83,000
2017 $738 $118,800 $35,800 $83,000
2013 -- $104,700 $35,800 $68,900
Source: Public Records

Agents Affiliated with this Home

  • Jen True

    Seller's Agent in 2022

    Jen True

    TRUE REAL ESTATE

    (507) 317-4433

    473 Total Sales

    Jen True
    Section Image

  • M

    Buyer's Agent in 2022

    Mackenzie Kearney

    TRUE REAL ESTATE

    (507) 995-0728

    60 Total Sales

    Mackenzie Kearney
    Section Image

  • L

    Seller's Agent in 2020

    Logan Silker

    ACTION REALTY OF MANKATO

    Section Image
  • Wade Barslou

    Buyer's Agent in 2020

    Wade Barslou

    RE/MAX

    (507) 525-0507

    200 Total Sales

    Wade Barslou
    Section Image
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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7029676

REALTOR® Association of Southern Minnesota

APN: 06.009.0501

Minnesota Faribault County Wells 56097

57380 240th St, Wells, MN

This home is located at 57380 240th St, Wells, MN 56097 since 02 May 2022 and is currently estimated at $307,098, approximately $166 per square foot. This property was built in 1932. 57380 240th St is a home located in Faribault County with nearby schools including Maple River Secondary 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.

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