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1204 3rd Ave

Wells, MN 56097

2 bd 2 ba 2,132 sqft Built 1940 Lot 6,098 sqft single_family
Most recent sale
$74,700
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $74,700 MLS #6132739
Feb 17, 2022 Listing removed $88,900 Mankato
Dec 6, 2021 Listed $79,500 MLS #6132739
Nov 23, 2021 Listing removed $88,900 NorthstarMLS
Sep 14, 2021 Price changed $88,900 MLS #6008686
Aug 18, 2021 Price changed $94,500 MLS #6008686
Jul 22, 2021 Price changed $99,000 MLS #6008686
Jul 6, 2021 Price changed $105,000 MLS #6008686
Jun 15, 2021 Listed $109,500 MLS #6008686
Jul 31, 2002 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $63,700 $12,300 $76,000 $1,566
2020 $32,400 $1,292
2019 $32,000 $1,248
2018 $30,600 $1,198
2017 $28,620 $480 $29,100 $1,196
2016 $28,620 $480 $29,100 $1,098
2015 $29,100 $1,098
2014 $29,100 $1,072
2013 $29,100 $1,122
2012 $29,400 $1,098
2011 $48,100 $800 $48,900 $561
2010 $48,100 $800 $48,900 $537

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,132 sqft
Lot size
6,098 sqft
ZIP code
56097
City
Wells
Street
3rd Ave
Coordinates
43.73216, -93.72979

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$448
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1204 3rd Ave last sell?
1204 3rd Ave most recently sold on Mar 30, 2022 for $74,700.
What is the current tax assessment for 1204 3rd Ave?
The most recent total assessment for 1204 3rd Ave (year 2025) is $76,000 with $1,566 in property tax.
How does 1204 3rd Ave's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $74,700.
When was 1204 3rd Ave built?
1204 3rd Ave was built in 1940.
How does 1204 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 1204 3rd Ave?
1204 3rd Ave is a 2 bed, 2 bath, 2,132 sqft, 6,098 sqft lot single_family.
Is 1204 3rd Ave a flip candidate?
No — 1204 3rd Ave does not appear in our flips dataset.
Is 1204 3rd Ave a tax-appeal candidate?
No — 1204 3rd 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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