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793 3rd Ave

Wells, MN 56097

4 bd 5 ba 1,614 sqft Built 1897 Lot 13,939 sqft single_family
Most recent sale
$131,857
Aug 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 10, 2022 Sold $131,857 MLS #6227110
Jun 30, 2022 Listed $128,000 MLS #6227110
Jun 18, 2022 Price changed $125,000 MLS #6153146
Apr 7, 2022 Price changed $135,000 MLS #6153146
Mar 23, 2022 Price changed $159,900 MLS #6153146
Feb 16, 2022 Listed $165,000 MLS #6153146
Dec 26, 2012 Sold $78,700 MLS #40115
Jul 31, 2012 Price changed $74,500 MLS #40115
Jul 30, 2012 Listing removed $79,500 Mankato
Jun 28, 2012 Listed $79,500 MLS #40115
Apr 24, 2012 Listed $79,500 MLS #4339145

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $93,079 $2,008
2023 $52,000 $1,256
2022 $40,400 $1,110
2021 $40,400 $1,066
2020 $39,800 $1,112
2019 $38,600 $1,048
2018 $34,080 $3,420 $37,500 $992
2017 $34,080 $3,420 $37,500 $972
2016 $37,500 $828
2015 $37,500 $820
2014 $37,500 $786
2013 $57,400 $5,700 $63,100 $1,226
2011 $57,200 $5,700 $62,900 $718
2010 $57,200 $5,700 $62,900 $686

Property facts

Year built
1897
Property type
single_family
Stories
1
Beds
4
Baths
5
Living area
1,614 sqft
Lot size
13,939 sqft
ZIP code
56097
City
Wells
Street
3rd Ave
Coordinates
43.73726, -93.72933

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$791
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 793 3rd Ave last sell?
793 3rd Ave most recently sold on Aug 10, 2022 for $131,857.
What is the current tax assessment for 793 3rd Ave?
The most recent total assessment for 793 3rd Ave (year 2025) is $93,079 with $2,008 in property tax.
How does 793 3rd Ave's assessment compare to its last sale price?
The current assessment is 29.4% below the last sale price of $131,857.
When was 793 3rd Ave built?
793 3rd Ave was built in 1897.
How does 793 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 793 3rd Ave?
793 3rd Ave is a 4 bed, 5 bath, 1,614 sqft, 13,939 sqft lot single_family.
Is 793 3rd Ave a flip candidate?
No — 793 3rd Ave does not appear in our flips dataset.
Is 793 3rd Ave a tax-appeal candidate?
No — 793 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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