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440 1st St

Wells, MN 56097

4 bd 1 ba 2,245 sqft Built 1929 Lot 6,534 sqft single_family
Most recent sale
$97,500
Mar 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 12, 2024 Sold $97,500 Mankato

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $48,700 $6,000 $54,700 $1,208
2022 $39,600 $4,500 $44,100 $1,100
2021 $39,600 $4,500 $44,100 $1,056
2020 $41,600 $3,600 $45,200 $1,136
2019 $41,600 $2,900 $44,500 $1,100
2018 $41,600 $2,900 $44,500 $1,058
2017 $41,600 $2,900 $44,500 $1,014
2016 $41,600 $2,900 $44,500 $904
2015 $41,600 $2,900 $44,500 $866
2014 $41,600 $2,900 $44,500 $814
2013 $42,000 $2,900 $44,900 $880
2011 $41,900 $2,900 $44,800 $691
2010 $41,900 $2,900 $44,800 $667

Property facts

Year built
1929
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
2,245 sqft
Lot size
6,534 sqft
ZIP code
56097
City
Wells
Street
1st St
Coordinates
43.74598, -93.73184

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$585
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 440 1st St last sell?
440 1st St most recently sold on Mar 12, 2024 for $97,500.
What is the current tax assessment for 440 1st St?
The most recent total assessment for 440 1st St (year 2023) is $54,700 with $1,208 in property tax.
How does 440 1st St's assessment compare to its last sale price?
The current assessment is 43.9% below the last sale price of $97,500.
When was 440 1st St built?
440 1st St was built in 1929.
How does 440 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 440 1st St?
440 1st St is a 4 bed, 1 bath, 2,245 sqft, 6,534 sqft lot single_family.
Is 440 1st St a flip candidate?
No — 440 1st St does not appear in our flips dataset.
Is 440 1st St a tax-appeal candidate?
No — 440 1st St 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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