NOT LISTED FOR SALE

661 7th St SW Wells, MN 56097

Estimated Value: $131,867 - $154,000

2 Beds
1 Bath
980 Sq Ft
$146/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2023

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

Est. 15% increase in value since last sale

Current estimated payment $879 / mo

About This Home

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.

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
$143,467

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
$10,233
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$133,234

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
4.58%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
03/29/2023 03/29/23 Sold $125,000 -3.8% $128 / Sq Ft View Prior Sale
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

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 $1,418 $114,400 $19,100 $95,300
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

  • Tara Garbes

    Seller's Agent in 2023

    Tara Garbes

    TRUE REAL ESTATE

    (507) 327-6370

    213 Total Sales

    Tara Garbes
    Section Image
  • Judy Ness

    Buyer's Agent in 2023

    Judy Ness

    HOMESTEAD REALTY, LLC

    (507) 525-2009

    120 Total Sales

    Judy Ness
    Section Image
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Map

Minnesota Faribault County Wells 56097

661 7th St SW, Wells, MN

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.

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