PENDING
$60K PRICE DROP
887 887 State Highway 263 Welcome, MN 56181
Estimated payment $1,048/month
Total Views
10,673
3
Beds
2.5
Baths
1,195
Sq Ft
$146
Price per Sq Ft
About This Home
Located on a blacktop road, this inviting two-story home features 3 bedrooms and exquisite original woodwork throughout. Enjoy coffered ceilings, a spacious living area that flows into the kitchen and dining room, and a convenient main floor laundry with the 3/4 bath. Relax in the porch or take advantage of the detached 2-car garage and large Quonset. With 3 acres to explore, this home offers both charm and functionality!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $934
Year Built
- Built in 1932
Lot Details
- 3 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Vinyl Siding
- Concrete Block And Stucco Construction
Interior Spaces
- 1,195 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Utilities
- Forced Air Heating System
- Heating System Powered By Leased Propane
- Private Water Source
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 120250625
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,172 | $177,200 | $49,500 | $127,700 |
| 2023 | $1,154 | $176,500 | $49,500 | $127,000 |
| 2022 | $964 | $151,600 | $44,600 | $107,000 |
| 2021 | $970 | $111,000 | $38,200 | $72,800 |
| 2020 | $1,016 | $110,800 | $38,200 | $72,600 |
| 2019 | $1,040 | $109,500 | $32,200 | $77,300 |
| 2018 | $1,028 | $110,100 | $32,200 | $77,900 |
| 2017 | $746 | $71,900 | $17,885 | $54,015 |
| 2016 | $814 | $83,600 | $18,770 | $64,830 |
| 2015 | $815 | $92,700 | $19,364 | $73,336 |
| 2013 | $859 | $86,000 | $14,904 | $71,096 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2025 03/30/25 | Pending | -- | -- | -- |
| 03/04/2025 03/04/25 | Price Changed | $175,000 | -12.1% | $146 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $199,000 | 0.0% | $167 / Sq Ft |
| 03/01/2025 03/01/25 | Off Market | $199,000 | -- | -- |
| 11/02/2024 11/02/24 | Price Changed | $199,000 | -15.3% | $167 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $235,000 | -- | $197 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $65,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $130,000 | New Conventional | |
| Previous Owner | $92,000 | New Conventional | |
| Previous Owner | $80,000 | New Conventional |
Source: Public Records
Similar Homes in Welcome, MN
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7035789
APN: 120250625
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