NOT LISTED FOR SALE

661 7th St SW Wells, MN 56097

Estimated Value: $131,248 - $152,000

2 Beds
1 Bath
980 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $125,000 $128 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $908/month

50 Days on Market

Highlights

  • RV Access or Parking
  • Living Room
  • 1-Story Property
  • No HOA
  • Entrance Foyer
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Cute as a button and absolutely turn-key, this 2 bedroom, 1 bath rambler is available for quick-possession! The main floor offers a spacious kitchen with large pantry (shelves and floor space!), dining area with slider door, large living room with coat closet, 2 main floor bedrooms, and updated bath. The basement houses the laundry area and has plenty of open space to finish off as you wish. With beautiful wood trim work, hardwood floors, updated fixtures, and newer drainage system, plus great expansion potential in the basement, this property is one you don't want to miss out on. The curb appeal is cute, there is a single detached garage, plus storage shed.

Last Agent to Sell the Property

Tara Garbes

True Real Estate Brokerage Email: tara@truerealestatemn.com Listed on: 01/08/2023

True Real Estate

Last Buyer's Agent

Judy Ness

Homestead Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1954

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140

Parking

  • 1 Car Garage
  • RV Access or Parking

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Moja Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 304500060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 980
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: tara@truerealestatemn.com
  • Attribution Contact: tara@truerealestatemn.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drainage System, Full, Sump Pump, Unfinished
  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 980
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Foyer, Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached, Concrete, RV Access/Parking
  • Garage Square Feet: 308

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Main Floor Primary Bedroom,Natural Woodwork,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75X140
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 304500060
  • Tax Annual Amount: 1006
  • TaxWithAssessments: 1006.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2024
Sold by
Smith Sharon M
Bought by
Murray Ginger R
Current Estimated Value
$141,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Outstanding Balance
$12,369
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$136,557

Purchase Details

Closed on
Jun 16, 2023
Sold by
Smith Sharon M
Bought by
Smith Sharon M and Galles Stacy L

Purchase Details

Listed on
Jan 8, 2023
Closed on
Mar 17, 2023
Sold by
Short Andrew C
Bought by
Smith Sharon M
Seller's Agent
Tara Garbes
True Real Estate
Buyer's Agent
Judy Ness
Homestead Realty, LLC
List Price
$134,500
Sold Price
$125,000
Premium/Discount to List
-$9,500
-7.06%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2022
Sold by
Stevermer Kelsey E
Bought by
Short Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2022
Sold by
Stevermer Kelsey
Bought by
Short Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2017
Sold by
Giese Joanne
Bought by
Giese Joanne and Keefer Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
3.88%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Nov 28, 2017
Sold by
Keefer Kristine and Keefer Neil R
Bought by
Stevermer Kesley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
3.88%
Mortgage Type
Closed End Mortgage
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
Murray Ginger R $135,500 Minnesota River Valley Title
Smith Sharon M -- None Listed On Document
Smith Sharon M $125,000 --
Short Andrew C -- Stewart Title
Short Andrew $115,000 --
Giese Joanne -- North American Title
Stevermer Kesley E $58,700 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Ginger R $16,500
Open Murray Ginger R $124,084
Previous Owner Smith Sharon M $100,000
Previous Owner Short Andrew C $109,250
Previous Owner Short Andrew $109,250
Previous Owner Stevermer Kesley E $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $125,000 -3.8% $128 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $129,900 -3.4% $133 / Sq Ft
01/08/2023 01/08/23 For Sale $134,500 -- $137 / 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 $1,532 $100,300 $13,400 $86,900
2023 $1,118 $99,800 $9,600 $90,200
2022 $1,006 $75,500 $9,600 $65,900
2021 $966 $60,700 $7,200 $53,500
2020 $944 $60,700 $7,200 $53,500
2019 $918 $55,800 $5,800 $50,000
2018 $934 $55,900 $5,800 $50,100
2017 $916 $58,700 $5,800 $52,900
2015 $774 $58,700 $5,800 $52,900
2013 -- $58,700 $5,800 $52,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6321255

NorthstarMLS

APN: 30.450.0060