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71 7th St

Wells, MN 56097

3 bd 3 ba 2,916 sqft Built 2004 Lot 6,534 sqft townhomes
Most recent sale
$245,000
Jan 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 3, 2022 Sold $245,000 MLS #6123381
Nov 3, 2021 Listed $232,500 MLS #6123381
May 24, 2021 Sold $148,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $150,800 $6,000 $156,800 $3,334
2020 $124,600 $2,840
2019 $114,200 $2,762
2018 $113,100 $3,316
2017 $140,752 $2,248 $143,000 $3,192
2016 $140,752 $2,248 $143,000 $2,792
2015 $143,000 $2,694
2014 $143,000 $2,628
2013 $143,000 $2,846
2012 $144,900 $2,606
2011 $164,400 $2,600 $167,000 $2,353
2010 $164,400 $2,600 $167,000 $2,265

Property facts

Year built
2004
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,916 sqft
Lot size
6,534 sqft
ZIP code
56097
City
Wells
Street
7th St
Coordinates
43.73848, -93.72607

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,470
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 71 7th St last sell?
71 7th St most recently sold on Jan 3, 2022 for $245,000.
What is the current tax assessment for 71 7th St?
The most recent total assessment for 71 7th St (year 2023) is $156,800 with $3,334 in property tax.
How does 71 7th St's assessment compare to its last sale price?
The current assessment is 36.0% below the last sale price of $245,000.
When was 71 7th St built?
71 7th St was built in 2004.
How does 71 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 71 7th St?
71 7th St is a 3 bed, 3 bath, 2,916 sqft, 6,534 sqft lot townhomes.
Is 71 7th St a flip candidate?
Yes — 71 7th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 71 7th St a tax-appeal candidate?
No — 71 7th 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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