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126 2nd Ave

Wells, MN 56097

3 bd 2 ba 2,002 sqft Built 1977 Lot 8,276 sqft single_family
Most recent sale
$169,500
Jul 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $169,500 Public Record
Jul 14, 2022 Sold $169,500 MLS #6164365
Jun 2, 2022 Relisted $161,000 MLS #6164365
May 10, 2022 Listing removed $161,000 NorthstarMLS
Mar 15, 2022 Listed $161,000 MLS #6164365
Mar 8, 2022 Relisted $161,000 MLS #7028266
Mar 4, 2022 Listing removed $165,000 Mankato
Feb 11, 2022 Price changed $165,000 MLS #7028266
Feb 3, 2022 Listed $169,900 MLS #6107237
Nov 6, 2021 Price changed $166,900 MLS #7028266
Sep 29, 2021 Listed $169,900 MLS #7028266
Nov 21, 1994 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,415 $2,228
2023 $93,100 $2,100
2022 $72,100 $1,748
2021 $72,100 $1,780
2020 $66,300 $1,734
2019 $64,500 $1,652
2018 $65,364 $2,036 $67,400 $1,664
2017 $65,364 $2,036 $67,400 $1,618
2016 $67,400 $1,392
2015 $67,400 $1,364
2014 $67,400 $1,322
2013 $68,500 $1,426
2011 $94,200 $2,900 $97,100 $1,211
2010 $94,200 $2,900 $97,100 $1,161

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,002 sqft
Lot size
8,276 sqft
ZIP code
56097
City
Wells
Street
2nd Ave
Coordinates
43.74372, -93.72875

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,017
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 126 2nd Ave last sell?
126 2nd Ave most recently sold on Jul 14, 2022 for $169,500.
What is the current tax assessment for 126 2nd Ave?
The most recent total assessment for 126 2nd Ave (year 2025) is $104,415 with $2,228 in property tax.
How does 126 2nd Ave's assessment compare to its last sale price?
The current assessment is 38.4% below the last sale price of $169,500.
When was 126 2nd Ave built?
126 2nd Ave was built in 1977.
How does 126 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 126 2nd Ave?
126 2nd Ave is a 3 bed, 2 bath, 2,002 sqft, 8,276 sqft lot single_family.
Is 126 2nd Ave a flip candidate?
No — 126 2nd Ave does not appear in our flips dataset.
Is 126 2nd Ave a tax-appeal candidate?
No — 126 2nd 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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