498 7th St
Wells, MN 56097
2 bd 2 ba 3,082 sqft Built 1967 Lot 10,890 sqft single_family
Most recent sale
$189,900
Oct 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 2, 2025 | Listed | $219,500 | NorthstarMLS |
| Oct 4, 2022 | Sold | $189,900 | MLS #7030632 |
| Aug 6, 2022 | Listed | $189,900 | MLS #7030632 |
| May 28, 2021 | Sold | $103,000 | MLS #7026820 |
| Apr 28, 2021 | Listed | $89,000 | MLS #5747783 |
| Feb 9, 1990 | Sold | $61,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $80,600 | $1,940 |
| 2019 | — | — | $75,700 | $1,834 |
| 2018 | — | — | $72,600 | $1,856 |
| 2017 | $74,056 | $2,344 | $76,400 | $1,802 |
| 2016 | $74,056 | $2,344 | $76,400 | $1,556 |
| 2015 | — | — | $76,400 | $1,518 |
| 2014 | — | — | $76,400 | $1,474 |
| 2013 | — | — | $76,400 | $1,758 |
| 2012 | — | — | $77,600 | $1,648 |
| 2011 | $102,400 | $3,200 | $105,600 | $1,351 |
| 2010 | $102,400 | $3,200 | $105,600 | $1,295 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
3,082 sqft
Lot size
10,890 sqft
ZIP code
56097
City
Wells
Street
7th St
Coordinates
43.73776, -93.73304
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,139
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 498 7th St last sell?
498 7th St most recently sold on Oct 4, 2022 for $189,900.
What is the current tax assessment for 498 7th St?
The most recent total assessment for 498 7th St (year 2020) is $80,600 with $1,940 in property tax.
How does 498 7th St's assessment compare to its last sale price?
The current assessment is 57.6% below the last sale price of $189,900.
When was 498 7th St built?
498 7th St was built in 1967.
How does 498 7th St compare to others on 7th St?
We track 8 other properties on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 498 7th St?
498 7th St is a 2 bed, 2 bath, 3,082 sqft, 10,890 sqft lot single_family.
Is 498 7th St a flip candidate?
Yes — 498 7th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 498 7th St a tax-appeal candidate?
No — 498 7th 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
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