250 1st Ave
Wells, MN 56097
5 bd 2 ba 1,352 sqft Built 1898 Lot 6,970 sqft single_family
Most recent sale
$64,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $64,000 | MLS #6224203 |
| Jun 22, 2022 | Listed | $69,900 | MLS #6224203 |
| Feb 13, 2021 | Listing removed | $63,900 | NorthstarMLS |
| Nov 20, 2020 | Sold | $57,500 | MLS #5652128 |
| Sep 4, 2020 | Listed | $63,900 | MLS #5652128 |
| Jan 20, 2020 | Listing removed | $67,500 | NorthstarMLS |
| Dec 1, 2019 | Listed | $67,500 | MLS #5336303 |
| Jan 27, 2017 | Sold | $56,000 | MLS #5096482 |
| Nov 17, 2016 | Price changed | $56,500 | MLS #4074986 |
| Oct 6, 2016 | Listed | $59,900 | MLS #4074986 |
| Oct 5, 2016 | Listed | $56,500 | MLS #5096482 |
| May 26, 2015 | Sold | $39,000 | Public Record |
| May 7, 1999 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $33,300 | $900 |
| 2019 | — | — | $31,900 | $888 |
| 2018 | — | — | $32,400 | $862 |
| 2017 | $30,562 | $1,738 | $32,300 | $844 |
| 2016 | $30,562 | $1,738 | $32,300 | $720 |
| 2015 | — | — | $32,300 | $714 |
| 2014 | — | — | $32,300 | $606 |
| 2013 | — | — | $28,700 | $646 |
| 2012 | — | — | $29,000 | $616 |
| 2011 | $45,600 | $2,900 | $48,500 | $553 |
| 2010 | $45,600 | $2,900 | $48,500 | $529 |
Property facts
Year built
1898
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
1,352 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
1st Ave
Coordinates
43.74251, -93.72448
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$384
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 250 1st Ave last sell?
250 1st Ave most recently sold on Aug 5, 2022 for $64,000.
What is the current tax assessment for 250 1st Ave?
The most recent total assessment for 250 1st Ave (year 2020) is $33,300 with $900 in property tax.
How does 250 1st Ave's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $64,000.
When was 250 1st Ave built?
250 1st Ave was built in 1898.
How does 250 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 250 1st Ave?
250 1st Ave is a 5 bed, 2 bath, 1,352 sqft, 6,970 sqft lot single_family.
Is 250 1st Ave a flip candidate?
No — 250 1st Ave does not appear in our flips dataset.
Is 250 1st Ave a tax-appeal candidate?
No — 250 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.0%
Implied 1-yr
+16.1%
2025 Q4
$174.2K
2026 Q1
$179.7K
ZIP 56097 — Median Price History + Forecast
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