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555 3rd St

Wells, MN 56097

3 bd 2 ba 1,512 sqft Built 1983 Lot 13,504 sqft single_family
Most recent sale
$137,500
Feb 28, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2024 Sold $137,500 NorthstarMLS
Jan 19, 2024 Listed $137,500 NorthstarMLS
Jun 1, 2001 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $44,400 $1,212
2021 $44,400 $1,164
2020 $41,000 $1,142
2019 $39,000 $1,058
2018 $37,301 $2,399 $39,700 $1,046
2017 $37,301 $2,399 $39,700 $1,024
2016 $39,700 $872
2015 $39,700 $864
2014 $39,700 $830
2013 $40,100 $886
2011 $62,800 $4,000 $66,800 $761
2010 $62,800 $4,000 $66,800 $727

Property facts

Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,512 sqft
Lot size
13,504 sqft
ZIP code
56097
City
Wells
Street
3rd St
Coordinates
43.74865, -93.73312

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$825
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 555 3rd St last sell?
555 3rd St most recently sold on Feb 28, 2024 for $137,500.
What is the current tax assessment for 555 3rd St?
The most recent total assessment for 555 3rd St (year 2022) is $44,400 with $1,212 in property tax.
How does 555 3rd St's assessment compare to its last sale price?
The current assessment is 67.7% below the last sale price of $137,500.
When was 555 3rd St built?
555 3rd St was built in 1983.
How does 555 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 555 3rd St?
555 3rd St is a 3 bed, 2 bath, 1,512 sqft, 13,504 sqft lot single_family.
Is 555 3rd St a flip candidate?
No — 555 3rd St does not appear in our flips dataset.
Is 555 3rd St a tax-appeal candidate?
No — 555 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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