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483 8th St

Wells, MN 56097

3 bd 2 ba 2,200 sqft Built 2001 Lot 11,326 sqft single_family
Most recent sale
$207,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $207,000 MLS #6075314
Nov 9, 2021 Price changed $207,000 MLS #6075314
Aug 4, 2021 Listed $209,900 MLS #6075314
Jun 4, 2021 Listed $209,900 MLS #7027220
Jun 1, 2001 Sold $96,780 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $88,900 $2,086
2019 $81,600 $1,974
2018 $78,600 $2,024
2017 $81,257 $2,643 $83,900 $1,960
2016 $81,257 $2,643 $83,900 $1,698
2015 $83,900 $1,652
2014 $83,900 $1,606
2013 $83,900 $1,926
2012 $85,100 $1,794
2011 $108,700 $3,500 $112,200 $1,457
2010 $108,700 $3,500 $112,200 $1,400

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,200 sqft
Lot size
11,326 sqft
ZIP code
56097
City
Wells
Street
8th St
Coordinates
43.73734, -93.73249

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,242
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 483 8th St last sell?
483 8th St most recently sold on Jan 28, 2022 for $207,000.
What is the current tax assessment for 483 8th St?
The most recent total assessment for 483 8th St (year 2020) is $88,900 with $2,086 in property tax.
How does 483 8th St's assessment compare to its last sale price?
The current assessment is 57.1% below the last sale price of $207,000.
When was 483 8th St built?
483 8th St was built in 2001.
How does 483 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 483 8th St?
483 8th St is a 3 bed, 2 bath, 2,200 sqft, 11,326 sqft lot single_family.
Is 483 8th St a flip candidate?
No — 483 8th St does not appear in our flips dataset.
Is 483 8th St a tax-appeal candidate?
No — 483 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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