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290 5th Ave

Wells, MN 56097

4 bd 3 ba 1,222 sqft Built 1934 Lot 6,970 sqft single_family
Most recent sale
$170,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $170,000 MLS #6168041
Mar 23, 2022 Listed $169,500 MLS #6168041
Oct 23, 2020 Sold $126,740 MLS #7023152
Aug 2, 2020 Relisted $134,500 MLS #7023152
Aug 1, 2020 Listing removed $134,500 Mankato
Jul 30, 2020 Price changed $134,500 MLS #7023152
Jun 23, 2020 Price changed $139,500 MLS #7023152
May 20, 2020 Price changed $144,500 MLS #7023152
Feb 2, 2020 Listed $149,500 MLS #7023152
Oct 29, 1992 Sold $58,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,358 $2,286
2023 $81,500 $1,862
2022 $44,600 $1,518
2021 $44,600 $1,170
2020 $44,600 $1,134
2019 $41,000 $1,090
2018 $40,400 $1,042
2017 $37,961 $1,739 $39,700 $1,022
2016 $37,961 $1,739 $39,700 $870
2015 $39,700 $862
2014 $39,700 $828
2013 $39,700 $916
2012 $41,700 $862
2011 $66,700 $2,900 $69,600 $795
2010 $66,700 $2,900 $69,600 $759

Property facts

Year built
1934
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,222 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
5th Ave
Coordinates
43.74816, -93.73303

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,833
Gross rental yield
12.94%
Implied cap rate
8.41%
Trend-extrapolated value

Frequently asked questions

When did 290 5th Ave last sell?
290 5th Ave most recently sold on May 2, 2022 for $170,000.
What is the current tax assessment for 290 5th Ave?
The most recent total assessment for 290 5th Ave (year 2025) is $107,358 with $2,286 in property tax.
How does 290 5th Ave's assessment compare to its last sale price?
The current assessment is 36.8% below the last sale price of $170,000.
When was 290 5th Ave built?
290 5th Ave was built in 1934.
How does 290 5th Ave compare to others on 5th Ave?
We track 8 other properties on 5th Ave. Browse the list under "Other properties on 5th Ave" to compare beds, baths, and sale history.
What are the property facts for 290 5th Ave?
290 5th Ave is a 4 bed, 3 bath, 1,222 sqft, 6,970 sqft lot single_family.
Is 290 5th Ave a flip candidate?
Yes — 290 5th Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 290 5th Ave a tax-appeal candidate?
No — 290 5th 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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