231 3rd Ave
Wells, MN 56097
3 bd 2 ba 1,590 sqft Built 2021 Lot 12,632 sqft single_family
Most recent sale
$251,500
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2022 | Sold | $251,500 | MLS #6170596 |
| Mar 28, 2022 | Listed | $255,000 | MLS #6170596 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $187,473 | $3,844 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,590 sqft
Lot size
12,632 sqft
ZIP code
56097
City
Wells
Street
3rd Ave
Coordinates
43.74259, -93.72098
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,385
Gross rental yield
11.38%
Implied cap rate
7.40%
Trend-extrapolated value
—
Frequently asked questions
When did 231 3rd Ave last sell?
231 3rd Ave most recently sold on Oct 17, 2022 for $251,500.
What is the current tax assessment for 231 3rd Ave?
The most recent total assessment for 231 3rd Ave (year 2025) is $187,473 with $3,844 in property tax.
How does 231 3rd Ave's assessment compare to its last sale price?
The current assessment is 25.5% below the last sale price of $251,500.
When was 231 3rd Ave built?
231 3rd Ave was built in 2021.
How does 231 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 231 3rd Ave?
231 3rd Ave is a 3 bed, 2 bath, 1,590 sqft, 12,632 sqft lot single_family.
Is 231 3rd Ave a flip candidate?
No — 231 3rd Ave does not appear in our flips dataset.
Is 231 3rd Ave a tax-appeal candidate?
No — 231 3rd 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
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