707 2nd Ave
Wells, MN 56097
2 bd 2 ba 936 sqft Built 1943 Lot 6,970 sqft single_family
Most recent sale
$127,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2022 | Sold | $127,000 | MLS #6226349 |
| Jun 26, 2022 | Listed | $129,000 | MLS #6226349 |
| Oct 23, 2020 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $25,000 | $706 |
| 2019 | — | — | $24,400 | $674 |
| 2018 | — | — | $23,900 | $692 |
| 2017 | $23,659 | $1,741 | $25,400 | $680 |
| 2016 | $23,659 | $1,741 | $25,400 | $582 |
| 2015 | — | — | $25,400 | $578 |
| 2014 | — | — | $25,400 | $540 |
| 2013 | — | — | $25,400 | $574 |
| 2012 | — | — | $25,600 | $548 |
| 2011 | $39,800 | $2,900 | $42,700 | $487 |
| 2010 | $39,800 | $2,900 | $42,700 | $465 |
Property facts
Year built
1943
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
936 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
2nd Ave
Coordinates
43.73789, -93.72794
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,404
Gross rental yield
13.27%
Implied cap rate
8.62%
Trend-extrapolated value
—
Frequently asked questions
When did 707 2nd Ave last sell?
707 2nd Ave most recently sold on Aug 5, 2022 for $127,000.
What is the current tax assessment for 707 2nd Ave?
The most recent total assessment for 707 2nd Ave (year 2020) is $25,000 with $706 in property tax.
How does 707 2nd Ave's assessment compare to its last sale price?
The current assessment is 80.3% below the last sale price of $127,000.
When was 707 2nd Ave built?
707 2nd Ave was built in 1943.
How does 707 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 707 2nd Ave?
707 2nd Ave is a 2 bed, 2 bath, 936 sqft, 6,970 sqft lot single_family.
Is 707 2nd Ave a flip candidate?
Yes — 707 2nd Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 707 2nd Ave a tax-appeal candidate?
No — 707 2nd Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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 2nd Ave