NOT LISTED FOR SALE

707 8th St SW Wells, MN 56097

Estimated Value: $309,761 - $382,000

3 Beds
3.5 Baths
3,259 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $190,100 $58 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,252/month

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Woodwork
  • Corner Lot
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of August 2014

The pride of ownership shines through in this well-constructed and beautifully appointed one-owner home. The kitchen boasts a generous amount of oak cabinetry, built-in dishwasher and microwave, and a built-in desk. The kitchen overlooks the great room with informal dining area, cozy wood-burning fireplace, and patio doors to a backyard paver-block patio. If you prefer a bit more formal setting, enjoy the elegant formal living/ dining room with large bay window that brings in lots of daylight. Retire to your private master suite with full master bath and walk-in closet. There are 2 additional bedrooms, another full bath, and a laundry with half bath on the main floor - plus lots of built-in storage space. The finished lower level is fantastic for entertaining with a large family room (with supplemental electric heat), a rec room, an office/den (which could easily be a 4th bedroom with addition of an egress window) and a 3/4 bath. Need some space for crafts or just to putter? The basement workshop boasts built-in cabinetry and lots of storage. An oversized double attached garage, steel siding, newer gas forced air furnace (2009) with electronic filter, central air, interior and exterior sump pump, gas-powered backup generator and a stair lift (negotiable) all show the quality and careful maintenance the owners have invested in this property.

Last Agent to Sell the Property

Judy Ness

HOMESTEAD REALTY, LLC Listed on: 04/15/2014

Co-Listed By

James Ness

HOMESTEAD REALTY, LLC

Last Buyer's Agent

Wade Barslou

RE/MAX TOTAL REALTY

RE/MAX TOTAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,482

Year Built

  • 1986

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x140
  • Landscaped
  • Corner Lot

Home Design

  • Ranch Style House
  • Frame Construction
  • Fiberglass Roof
  • Steel Siding

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Electric Air Filter
  • Baseboard Heating
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 30-450-0650

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,482

Year Built

1986

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: Ranch/Rambler (L)
  • Amenities: Garage Door Opener, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.29
  • Construction: Previously Owned
  • Foundation Size: 1862
  • Mechanicals: Air to Air Exchange, Electronic Air Filter, Water Heater-Electric, Water Softener-Owned, Sump Pump
  • Parcel Number: 30-450-0650
  • Price Per Square Foot: 53
  • Sold Price Per Sq Ft: 51
  • Stories: 1 Story
  • Taxes With Assessments: 2834
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Dining Room: Formal Dining Room, Informal Dining Room
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Kitchen, 13x10 1/2, On Level: Main
  • Room 2: Great Room, 21x17, On Level: Main
  • Room 3: Dining Room, On Level: Main
  • Room 4: Living Room, 23x14 1/2, On Level: Main
  • Room 5: Foyer, 14 1/2x5, On Level: Main
  • Room 6: Master Bedroom, 15 1/2x11, On Level: Main
  • Room 7: 14 1/2x11, On Level: Main
  • Room 8: Bedroom, 11x9, On Level: Main
  • Room 9: Bathroom, On Level: Main
  • Room 10: Laundry Room, 10 1/2x6, On Level: Main
  • Room 11: Family Room, 28x16, On Level: Basement
  • Room 12: Rec Room, 21x14, On Level: Basement
  • Room 13: Den/Office, 16x12 1/2, On Level: Basement
  • Room 14: Bathroom, On Level: Basement
  • Room 15: Workshop, 12 1/2x12, On Level: Basement
  • Basement Features: Drainage System, Partially Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1862
  • Below Grade Finished Sq Ft: 1397
  • Tot Above Grade Sq Ft: 1862
  • Total Fin Square Footage: 3259
  • Total Square Footage: 3724
  • Tot Below Grade Sq Ft: 1862

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Roof: Fiberglass Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: United S. Central #2134

Lot Info

  • Estimated Lot Dimensions: 90x140
  • Lot/Land Description: Corner Lot, Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
Aug 22, 2014
Sold by
Heitner Betty G
Bought by
Pederson Duane L and Pederson Jessica M
Seller's Agent
Judy Ness
HOMESTEAD REALTY, LLC
Buyer's Agent
Wade Barslou
RE/MAX TOTAL REALTY
List Price
$214,900
Sold Price
$190,100
Premium/Discount to List
-$24,800
-11.54%
Current Estimated Value
$336,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,820
Avg. Annual Appreciation
4.02%
Original Mortgage
$168,806
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pederson Duane L $190,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Duane L $165,000
Closed Pederson Duane L $168,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $190,100 -11.5% $58 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $214,900 -- $66 / 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 $5,482 $308,800 $22,100 $286,700
2024 $5,406 $291,900 $15,400 $276,500
2023 $4,702 $288,100 $11,600 $276,500
2022 $4,940 $235,800 $11,600 $224,200
2021 $4,730 $222,800 $8,700 $214,100
2020 $4,664 $222,800 $8,700 $214,100
2019 $4,586 $211,400 $7,000 $204,400
2018 $3,872 $211,300 $6,900 $204,400
2017 $3,440 $188,800 $7,000 $181,800
2015 $2,902 $176,400 $7,000 $169,400
2013 -- $176,400 $7,000 $169,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7004927

REALTOR® Association of Southern Minnesota

APN: 30.450.0650