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429 3rd St

Wells, MN 56097

4 bd 3 ba 2,379 sqft Built 1899 Lot 22,651 sqft single_family
Most recent sale
$275,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2024 Sold $115,000 Public Record
Sep 23, 2022 Sold $275,000 MLS #7030710
Sep 15, 2022 Listing removed $289,900 Mankato
Aug 17, 2022 Listed $279,900 MLS #7030710
May 24, 2022 Price changed $289,900 MLS #6075175
Jan 5, 2022 Relisted $359,900 MLS #6075175
Jan 1, 2022 Listing removed $399,000 NorthstarMLS
Oct 15, 2021 Price changed $399,000 MLS #6075175
Aug 3, 2021 Listed $439,000 MLS #6075175
Jul 27, 2021 Listed $439,000 MLS #7027691
Dec 1, 1994 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $208,074 $4,246
2023 $189,400 $4,078
2022 $144,000 $3,516
2021 $144,000 $3,368
2020 $131,800 $3,272
2019 $124,000 $3,020
2018 $85,850 $3,850 $89,700 $2,160
2017 $85,850 $3,850 $89,700 $2,090
2016 $89,700 $1,812
2015 $89,700 $1,764
2014 $89,700 $1,716
2013 $80,200 $1,652
2011 $113,000 $5,000 $118,000 $1,063
2010 $113,900 $5,000 $118,900 $873

Property facts

Year built
1899
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,379 sqft
Lot size
22,651 sqft
ZIP code
56097
City
Wells
Street
3rd St
Coordinates
43.74256, -93.73285

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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 429 3rd St last sell?
429 3rd St most recently sold on Sep 23, 2022 for $275,000.
What is the current tax assessment for 429 3rd St?
The most recent total assessment for 429 3rd St (year 2025) is $208,074 with $4,246 in property tax.
How does 429 3rd St's assessment compare to its last sale price?
The current assessment is 24.3% below the last sale price of $275,000.
When was 429 3rd St built?
429 3rd St was built in 1899.
How does 429 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 429 3rd St?
429 3rd St is a 4 bed, 3 bath, 2,379 sqft, 22,651 sqft lot single_family.
Is 429 3rd St a flip candidate?
No — 429 3rd St does not appear in our flips dataset.
Is 429 3rd St a tax-appeal candidate?
No — 429 3rd St 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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