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277 2nd Ave

Wells, MN 56097

4 bd 3 ba 4,156 sqft Built 1900 Lot 13,939 sqft single_family
Most recent sale
$139,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $139,000 MLS #6086927
Jan 26, 2022 Price changed $152,500 MLS #6086927
Nov 20, 2021 Price changed $164,900 MLS #6086927
Sep 10, 2021 Listed $174,900 MLS #6086927
Jan 10, 2008 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $36,500 $956
2019 $33,800 $896
2018 $32,600 $836
2017 $27,684 $3,416 $31,100 $820
2016 $27,684 $3,416 $31,100 $700
2015 $31,100 $694
2014 $31,100 $658
2013 $31,100 $700
2012 $31,400 $666
2011 $46,800 $5,700 $52,500 $599
2010 $46,800 $5,700 $52,500 $567

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,156 sqft
Lot size
13,939 sqft
ZIP code
56097
City
Wells
Street
2nd Ave
Coordinates
43.74243, -93.72796

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$834
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 277 2nd Ave last sell?
277 2nd Ave most recently sold on Mar 18, 2022 for $139,000.
What is the current tax assessment for 277 2nd Ave?
The most recent total assessment for 277 2nd Ave (year 2020) is $36,500 with $956 in property tax.
How does 277 2nd Ave's assessment compare to its last sale price?
The current assessment is 73.7% below the last sale price of $139,000.
When was 277 2nd Ave built?
277 2nd Ave was built in 1900.
How does 277 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 277 2nd Ave?
277 2nd Ave is a 4 bed, 3 bath, 4,156 sqft, 13,939 sqft lot single_family.
Is 277 2nd Ave a flip candidate?
No — 277 2nd Ave does not appear in our flips dataset.
Is 277 2nd Ave a tax-appeal candidate?
No — 277 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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