490 3rd St
Wells, MN 56097
3 bd 2 ba 2,537 sqft Built 1959 Lot 13,068 sqft single_family
Most recent sale
$130,500
Dec 10, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 10, 2021 | Sold | $130,500 | MLS #7028559 |
| Nov 5, 2021 | Listed | $119,900 | MLS #6124741 |
| Sep 1, 2017 | Sold | $76,000 | MLS #7015034 |
| Jul 17, 2017 | Listed | $79,900 | MLS #7015034 |
| Mar 15, 2004 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $106,813 | $2,274 |
| 2023 | — | — | $67,200 | $1,568 |
| 2022 | — | — | $46,400 | $1,262 |
| 2021 | — | — | $46,400 | $1,212 |
| 2020 | — | — | $46,400 | $1,186 |
| 2019 | — | — | $42,800 | $1,104 |
| 2018 | — | — | $40,900 | $1,062 |
| 2017 | $38,002 | $2,398 | $40,400 | $1,040 |
| 2016 | $38,002 | $2,398 | $40,400 | $886 |
| 2015 | — | — | $40,400 | $878 |
| 2014 | — | — | $40,400 | $844 |
| 2013 | — | — | $40,400 | $902 |
| 2012 | — | — | $40,900 | $846 |
| 2011 | $64,200 | $4,000 | $68,200 | $779 |
| 2010 | $64,200 | $4,000 | $68,200 | $745 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,537 sqft
Lot size
13,068 sqft
ZIP code
56097
City
Wells
Street
3rd St
Coordinates
43.74190, -93.73267
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$783
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 490 3rd St last sell?
490 3rd St most recently sold on Dec 10, 2021 for $130,500.
What is the current tax assessment for 490 3rd St?
The most recent total assessment for 490 3rd St (year 2025) is $106,813 with $2,274 in property tax.
How does 490 3rd St's assessment compare to its last sale price?
The current assessment is 18.2% below the last sale price of $130,500.
When was 490 3rd St built?
490 3rd St was built in 1959.
How does 490 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 490 3rd St?
490 3rd St is a 3 bed, 2 bath, 2,537 sqft, 13,068 sqft lot single_family.
Is 490 3rd St a flip candidate?
No — 490 3rd St does not appear in our flips dataset.
Is 490 3rd St a tax-appeal candidate?
No — 490 3rd St 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 3rd St