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555 1st Ave

Wells, MN 56097

2 bd 1 ba 950 sqft Built 1884 Lot 5,663 sqft single_family
Most recent sale
$53,000
May 26, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2022 Sold $62,500 NorthstarMLS
Oct 3, 2022 Price changed $69,000 MLS #6262789
Sep 20, 2022 Listed $72,500 MLS #6262789
May 26, 2020 Sold $53,000 MLS #7022763
Sep 27, 2019 Sold $24,000 Public Record
Nov 22, 2006 Sold $50,000 MLS #2921464
Jul 13, 2006 Listed $52,900 MLS #2921464

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $15,300 $628
2019 $20,500 $3,100 $23,600 $612
2018 $20,500 $2,900 $23,400 $678
2017 $24,500 $2,900 $27,400 $652
2016 $24,500 $2,900 $27,400 $400
2015 $16,400 $398
2014 $16,400 $360
2013 $16,400 $382
2012 $16,600 $390
2011 $26,200 $2,900 $29,100 $333
2010 $26,200 $2,900 $29,100 $317

Property facts

Year built
1884
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
950 sqft
Lot size
5,663 sqft
ZIP code
56097
City
Wells
Street
1st Ave
Coordinates
43.73912, -93.72651

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 555 1st Ave last sell?
555 1st Ave most recently sold on May 26, 2020 for $53,000.
What is the current tax assessment for 555 1st Ave?
The most recent total assessment for 555 1st Ave (year 2020) is $15,300 with $628 in property tax.
How does 555 1st Ave's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $53,000.
When was 555 1st Ave built?
555 1st Ave was built in 1884.
How does 555 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 555 1st Ave?
555 1st Ave is a 2 bed, 1 bath, 950 sqft, 5,663 sqft lot single_family.
Is 555 1st Ave a flip candidate?
Yes — 555 1st Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 555 1st Ave a tax-appeal candidate?
No — 555 1st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly 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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