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900 1st St

Wells, MN 56097

4 bd 2 ba 2,301 sqft Built 1923 Lot 212,137 sqft single_family
Most recent sale
$282,579
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $282,579 MLS #6158549
Mar 15, 2022 Listed $279,900 MLS #6158549

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $128,940 $2,704
2023 $90,600 $2,050
2022 $79,200 $2,020
2021 $79,200 $1,936
2020 $79,200 $1,532
2019 $57,200 $1,568
2018 $60,600 $1,414
2017 $35,545 $20,255 $55,800 $1,386
2016 $35,545 $20,255 $55,800 $1,186
2015 $55,800 $1,168
2014 $55,800 $1,132
2013 $55,800 $1,212
2012 $56,500 $1,128
2011 $54,900 $31,000 $85,900 $1,037
2010 $54,900 $31,000 $85,900 $993

Property facts

Year built
1923
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,301 sqft
Lot size
212,137 sqft
ZIP code
56097
City
Wells
Street
1st St
Coordinates
43.74546, -93.74016

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,695
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 900 1st St last sell?
900 1st St most recently sold on May 20, 2022 for $282,579.
What is the current tax assessment for 900 1st St?
The most recent total assessment for 900 1st St (year 2025) is $128,940 with $2,704 in property tax.
How does 900 1st St's assessment compare to its last sale price?
The current assessment is 54.4% below the last sale price of $282,579.
When was 900 1st St built?
900 1st St was built in 1923.
How does 900 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 900 1st St?
900 1st St is a 4 bed, 2 bath, 2,301 sqft, 212,137 sqft lot single_family.
Is 900 1st St a flip candidate?
No — 900 1st St does not appear in our flips dataset.
Is 900 1st St a tax-appeal candidate?
No — 900 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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