700 8th St
Wells, MN 56097
4 bd 2 ba 2,012 sqft Built 1980 Lot 14,000 sqft single_family
Most recent sale
$171,350
Jun 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2022 | Sold | $171,350 | MLS #6187166 |
| Apr 29, 2022 | Listed | $167,500 | MLS #6187166 |
| Aug 18, 2020 | Sold | $132,000 | MLS #5545270 |
| Mar 28, 2020 | Listed | $139,900 | MLS #5545270 |
| Dec 28, 2017 | Sold | $120,000 | MLS #6026613 |
| Nov 20, 2017 | Relisted | $119,999 | MLS #6026613 |
| Oct 26, 2017 | Listing removed | $119,999 | Willmar |
| Aug 29, 2017 | Price changed | $119,999 | MLS #6026613 |
| Jul 12, 2017 | Price changed | $129,999 | MLS #6026613 |
| Jun 27, 2017 | Price changed | $144,999 | MLS #6026613 |
| Apr 25, 2017 | Listed | $150,000 | MLS #6026613 |
| Mar 1, 2011 | Sold | $115,000 | MLS #125498 |
| Jul 26, 2010 | Listed | $121,500 | MLS #125498 |
| Jul 6, 2010 | Listing removed | $124,900 | Mankato |
| Jun 18, 2010 | Price changed | $124,900 | MLS #121362 |
| May 6, 2010 | Relisted | $129,900 | MLS #121362 |
| May 1, 2010 | Listing removed | $129,900 | Mankato |
| Apr 8, 2010 | Relisted | $129,900 | MLS #121362 |
| Jan 8, 2010 | Listing removed | $129,900 | Mankato |
| Jul 8, 2009 | Listed | $129,900 | MLS #121362 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | $8,600 | $8,600 | $238 |
| 2020 | — | — | $88,000 | $2,226 |
| 2019 | — | — | $88,000 | $2,186 |
| 2018 | $79,988 | $5,312 | $85,300 | $2,052 |
| 2017 | $79,988 | $5,312 | $85,300 | $1,986 |
| 2016 | — | — | $85,300 | $1,720 |
| 2015 | — | — | $85,300 | $1,674 |
| 2014 | — | — | $85,300 | $1,628 |
| 2013 | — | — | $86,500 | $1,756 |
| 2011 | $106,500 | $7,000 | $113,500 | $1,749 |
| 2010 | $106,500 | $7,000 | $113,500 | $1,421 |
Property facts
Year built
1980
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,012 sqft
Lot size
14,000 sqft
ZIP code
56097
City
Wells
Street
8th St
Coordinates
43.73674, -93.73461
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,028
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 700 8th St last sell?
700 8th St most recently sold on Jun 20, 2022 for $171,350.
What is the current tax assessment for 700 8th St?
The most recent total assessment for 700 8th St (year 2025) is $8,600 with $238 in property tax.
How does 700 8th St's assessment compare to its last sale price?
The current assessment is 95.0% below the last sale price of $171,350.
When was 700 8th St built?
700 8th St was built in 1980.
How does 700 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 700 8th St?
700 8th St is a 4 bed, 2 bath, 2,012 sqft, 14,000 sqft lot single_family.
Is 700 8th St a flip candidate?
Yes — 700 8th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 700 8th St a tax-appeal candidate?
No — 700 8th 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 8th St