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60 2nd Ave

Wells, MN 56097

4 bd 1 ba 842 sqft Built 1928 Lot 6,970 sqft single_family
Most recent sale
$75,000
Mar 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 28, 2024 Sold $75,000 Public Record
Jan 19, 2024 Sold $75,000 Mankato
Nov 3, 2023 Relisted $83,000 Mankato
Nov 3, 2023 Listed $83,000 NorthstarMLS
Oct 21, 2023 Listing removed $79,900 Mankato
Feb 28, 2012 Sold $27,500 Public Record
Jun 16, 2004 Sold $49,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $27,900 $6,400 $34,300 $784
2022 $19,000 $558
2021 $19,000 $538
2020 $17,600 $532
2019 $17,200 $506
2018 $20,358 $1,742 $22,100 $612
2017 $20,358 $1,742 $22,100 $600
2016 $22,100 $516
2015 $22,100 $512
2014 $22,100 $474
2013 $22,300 $504
2011 $34,400 $2,900 $37,300 $426
2010 $33,900 $2,900 $36,800 $401

Property facts

Year built
1928
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
842 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
2nd Ave
Coordinates
43.74592, -93.72875

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
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 60 2nd Ave last sell?
60 2nd Ave most recently sold on Mar 28, 2024 for $75,000.
What is the current tax assessment for 60 2nd Ave?
The most recent total assessment for 60 2nd Ave (year 2023) is $34,300 with $784 in property tax.
How does 60 2nd Ave's assessment compare to its last sale price?
The current assessment is 54.3% below the last sale price of $75,000.
When was 60 2nd Ave built?
60 2nd Ave was built in 1928.
How does 60 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 60 2nd Ave?
60 2nd Ave is a 4 bed, 1 bath, 842 sqft, 6,970 sqft lot single_family.
Is 60 2nd Ave a flip candidate?
No — 60 2nd Ave does not appear in our flips dataset.
Is 60 2nd Ave a tax-appeal candidate?
No — 60 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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