55 7th St
Wells, MN 56097
4 bd 2 ba 1,890 sqft Built 1939 Lot 6,970 sqft single_family
Most recent sale
$118,500
Nov 22, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 22, 2021 | Sold | $118,500 | MLS #6015495 |
| Jul 21, 2021 | Price changed | $124,000 | MLS #6015495 |
| Jun 25, 2021 | Listed | $129,000 | MLS #6015495 |
| Jul 30, 2014 | Sold | $80,000 | Public Record |
| Oct 26, 2000 | Sold | $41,370 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $40,300 | $1,116 |
| 2019 | — | — | $39,700 | $1,072 |
| 2018 | $37,961 | $1,739 | $39,700 | $1,042 |
| 2017 | $37,961 | $1,739 | $39,700 | $1,022 |
| 2016 | — | — | $39,700 | $870 |
| 2015 | — | — | $33,700 | $742 |
| 2014 | $53,300 | $2,900 | $56,200 | $1,020 |
| 2013 | $53,900 | $2,900 | $56,800 | $1,104 |
| 2011 | $53,800 | $2,900 | $56,700 | $647 |
| 2010 | $53,800 | $2,900 | $56,700 | $617 |
Property facts
Year built
1939
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,890 sqft
Lot size
6,970 sqft
ZIP code
56097
City
Wells
Street
7th St
Coordinates
43.73842, -93.72460
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$711
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 55 7th St last sell?
55 7th St most recently sold on Nov 22, 2021 for $118,500.
What is the current tax assessment for 55 7th St?
The most recent total assessment for 55 7th St (year 2020) is $40,300 with $1,116 in property tax.
How does 55 7th St's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $118,500.
When was 55 7th St built?
55 7th St was built in 1939.
How does 55 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 55 7th St?
55 7th St is a 4 bed, 2 bath, 1,890 sqft, 6,970 sqft lot single_family.
Is 55 7th St a flip candidate?
No — 55 7th St does not appear in our flips dataset.
Is 55 7th St a tax-appeal candidate?
No — 55 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
Other properties on 7th St