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462 8th St

Wells, MN 56097

3 bd 2 ba 2,592 sqft Built 1978 Lot 9,148 sqft single_family
Most recent sale
$183,750
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 21, 2025 Listing removed $126,900 Mankato
May 19, 2022 Listing removed $225,000 Mankato
Mar 18, 2022 Sold $183,750 MLS #7029003
Feb 10, 2022 Listed $185,000 MLS #6151334
Jun 3, 2016 Sold $124,900 MLS #7011148
Apr 7, 2016 Listed $126,900 MLS #7011148
Dec 1, 2015 Listing removed $126,900 Mankato
Jul 31, 2015 Price changed $126,900 MLS #7006287
Jul 6, 2015 Price changed $129,900 MLS #7006287
Apr 24, 2015 Price changed $132,199 MLS #7006287
Apr 16, 2015 Price changed $134,000 MLS #7006287
Mar 24, 2015 Price changed $134,299 MLS #7006287
Oct 7, 2014 Price changed $136,900 MLS #7006287
Aug 9, 2014 Listed $139,900 MLS #7006287
Sep 28, 2009 Sold $130,700 Public Record
Nov 1, 2002 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $182,400 $13,400 $195,800 $3,928
2020 $103,900 $2,486
2019 $98,800 $2,384
2018 $96,500 $2,066
2017 $83,596 $2,204 $85,800 $2,002
2016 $83,596 $2,204 $85,800 $1,734
2015 $85,800 $1,688
2014 $85,800 $1,640
2013 $85,800 $1,932
2012 $95,700 $1,786
2011 $119,400 $2,900 $122,300 $1,623
2010 $119,400 $2,900 $122,300 $1,559

Property facts

Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,592 sqft
Lot size
9,148 sqft
ZIP code
56097
City
Wells
Street
8th St
Coordinates
43.73678, -93.73213

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,103
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 462 8th St last sell?
462 8th St most recently sold on Mar 18, 2022 for $183,750.
What is the current tax assessment for 462 8th St?
The most recent total assessment for 462 8th St (year 2025) is $195,800 with $3,928 in property tax.
How does 462 8th St's assessment compare to its last sale price?
The current assessment is 6.6% above the last sale price of $183,750.
When was 462 8th St built?
462 8th St was built in 1978.
How does 462 8th St compare to others on 8th St?
We track 8 other properties on 8th St. Browse the list under "Other properties on 8th St" to compare beds, baths, and sale history.
What are the property facts for 462 8th St?
462 8th St is a 3 bed, 2 bath, 2,592 sqft, 9,148 sqft lot single_family.
Is 462 8th St a flip candidate?
No — 462 8th St does not appear in our flips dataset.
Is 462 8th St a tax-appeal candidate?
No — 462 8th 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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