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305 2nd Ave

Wells, MN 56097

4 bd 2 ba 2,192 sqft Built 1904 Lot 6,970 sqft single_family
Most recent sale
$99,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2022 Sold $99,000 MLS #6105505
Jan 18, 2022 Price changed $99,900 MLS #6105505
Nov 2, 2021 Price changed $104,500 MLS #6105505
Oct 14, 2021 Price changed $109,500 MLS #6105505
Sep 24, 2021 Listed $114,500 MLS #6105505

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $36,200 $994
2019 $35,600 $956
2018 $35,100 $794
2017 $27,761 $1,739 $29,500 $778
2016 $27,761 $1,739 $29,500 $664
2015 $29,500 $658
2014 $29,500 $622
2013 $29,500 $664
2012 $29,800 $628
2011 $46,700 $2,900 $49,600 $567
2010 $46,700 $2,900 $49,600 $541

Property facts

Year built
1904
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,192 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
2nd Ave
Coordinates
43.74187, -93.72796

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$594
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 305 2nd Ave last sell?
305 2nd Ave most recently sold on Apr 1, 2022 for $99,000.
What is the current tax assessment for 305 2nd Ave?
The most recent total assessment for 305 2nd Ave (year 2020) is $36,200 with $994 in property tax.
How does 305 2nd Ave's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $99,000.
When was 305 2nd Ave built?
305 2nd Ave was built in 1904.
How does 305 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 305 2nd Ave?
305 2nd Ave is a 4 bed, 2 bath, 2,192 sqft, 6,970 sqft lot single_family.
Is 305 2nd Ave a flip candidate?
No — 305 2nd Ave does not appear in our flips dataset.
Is 305 2nd Ave a tax-appeal candidate?
No — 305 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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