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22 2 Ave

Wells, MN 56097

3 bd 3 ba 2,570 sqft Built 1950 Lot 5,227 sqft single_family
Most recent sale
$90,000
Dec 8, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2021 Sold $90,000 MLS #7028552
Nov 4, 2021 Listed $99,900 MLS #7028552

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,400 $8,600 $117,000 $2,376
2023 $75,100 $4,800 $79,900 $1,732
2020 $38,700 $1,044
2019 $37,600 $1,018
2018 $37,600 $814
2017 $28,661 $1,739 $30,400 $798
2016 $28,661 $1,739 $30,400 $682
2015 $30,400 $676
2014 $30,400 $640
2013 $30,400 $682
2012 $30,700 $646
2011 $48,300 $2,900 $51,200 $585
2010 $48,300 $2,900 $51,200 $557

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,570 sqft
Lot size
5,227 sqft
ZIP code
56097
City
Wells
Street
2 Ave
Coordinates
43.74564, -93.72863

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 22 2 Ave last sell?
22 2 Ave most recently sold on Dec 8, 2021 for $90,000.
What is the current tax assessment for 22 2 Ave?
The most recent total assessment for 22 2 Ave (year 2025) is $117,000 with $2,376 in property tax.
How does 22 2 Ave's assessment compare to its last sale price?
The current assessment is 30.0% above the last sale price of $90,000.
When was 22 2 Ave built?
22 2 Ave was built in 1950.
How does 22 2 Ave compare to others on 2 Ave?
We track 1 other property on 2 Ave. Browse the list under "Other properties on 2 Ave" to compare beds, baths, and sale history.
What are the property facts for 22 2 Ave?
22 2 Ave is a 3 bed, 3 bath, 2,570 sqft, 5,227 sqft lot single_family.
Is 22 2 Ave a flip candidate?
No — 22 2 Ave does not appear in our flips dataset.
Is 22 2 Ave a tax-appeal candidate?
No — 22 2 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

Explore nearby

Other properties on 2 Ave