290 1st Ave
Wells, MN 56097
3 bd 2 ba 2,096 sqft Built 1907 Lot 6,970 sqft single_family
Most recent sale
$75,000
Nov 9, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 9, 2023 | Sold | $75,000 | NorthstarMLS |
| Oct 3, 2023 | Listed | $80,000 | NorthstarMLS |
| Sep 9, 2008 | Sold | $30,000 | Public Record |
| Jul 23, 2008 | Sold | $30,000 | Southeastminnesota |
| Apr 30, 2007 | Listed | $29,900 | Southeastminnesota |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $129,200 | $8,600 | $137,800 | $2,786 |
| 2022 | — | — | $35,200 | $976 |
| 2021 | — | — | $35,200 | $936 |
| 2020 | — | — | $33,500 | $940 |
| 2019 | — | — | $32,900 | $902 |
| 2018 | $29,959 | $1,741 | $31,700 | $846 |
| 2017 | $29,959 | $1,741 | $31,700 | $830 |
| 2016 | — | — | $31,700 | $708 |
| 2015 | — | — | $31,700 | $702 |
| 2014 | — | — | $31,700 | $666 |
| 2013 | $50,400 | $2,900 | $53,300 | $1,038 |
| 2011 | $50,500 | $2,900 | $53,400 | $823 |
| 2010 | $50,500 | $2,900 | $53,400 | $795 |
Property facts
Year built
1907
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,096 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
1st Ave
Coordinates
43.74223, -93.72448
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 290 1st Ave last sell?
290 1st Ave most recently sold on Nov 9, 2023 for $75,000.
What is the current tax assessment for 290 1st Ave?
The most recent total assessment for 290 1st Ave (year 2025) is $137,800 with $2,786 in property tax.
How does 290 1st Ave's assessment compare to its last sale price?
The current assessment is 83.7% above the last sale price of $75,000.
When was 290 1st Ave built?
290 1st Ave was built in 1907.
How does 290 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 290 1st Ave?
290 1st Ave is a 3 bed, 2 bath, 2,096 sqft, 6,970 sqft lot single_family.
Is 290 1st Ave a flip candidate?
No — 290 1st Ave does not appear in our flips dataset.
Is 290 1st Ave a tax-appeal candidate?
Yes — 290 1st Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
Explore nearby
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