390 Franklin St
Wells, MN 56097
3 bd 2 ba 3,130 sqft Built 1914 Lot 8,276 sqft single_family
Most recent sale
$50,000
Mar 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 3, 2025 | Price changed | $230,000 | NorthstarMLS |
| Jun 23, 2025 | Price changed | $263,750 | NorthstarMLS |
| May 9, 2025 | Price changed | $297,500 | NorthstarMLS |
| Mar 23, 2025 | Listed | $330,000 | NorthstarMLS |
| Mar 28, 2022 | Sold | $50,000 | MLS #7028895 |
| Jan 19, 2022 | Listed | $79,000 | MLS #6143313 |
| Dec 20, 2019 | Sold | $36,500 | MLS #7022662 |
| Nov 1, 2019 | Listed | $45,000 | MLS #7022662 |
| Mar 11, 2019 | Listing removed | $19,900 | NorthstarMLS |
| Dec 10, 2018 | Listing removed | $19,900 | GreaterLakes |
| Nov 21, 2016 | Sold | $9,000 | MLS #7013028 |
| Oct 28, 2016 | Price changed | $9,000 | MLS #7013028 |
| Oct 12, 2016 | Listed | $14,000 | MLS #7013028 |
| Sep 21, 2016 | Listing removed | $19,900 | Southeastminnesota |
| Jul 26, 2016 | Relisted | $19,900 | MLS #4069618 |
| Jul 16, 2016 | Listing removed | $19,900 | Southeastminnesota |
| Jun 1, 2016 | Price changed | $19,900 | MLS #4069618 |
| May 2, 2016 | Price changed | $22,900 | MLS #4069618 |
| Mar 22, 2016 | Listed | $25,900 | MLS #4069618 |
| Mar 21, 2016 | Listed | $19,900 | MLS #5119291 |
| Dec 11, 1997 | Sold | $35,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $114,200 | $12,500 | $126,700 | $2,566 |
| 2020 | — | — | $31,300 | $1,274 |
| 2019 | $46,400 | $4,600 | $51,000 | $1,210 |
| 2018 | $46,400 | $2,900 | $49,300 | $1,180 |
| 2017 | $47,100 | $2,900 | $50,000 | $1,132 |
| 2016 | $47,100 | $2,900 | $50,000 | $1,124 |
| 2015 | $47,100 | $2,900 | $50,000 | $1,082 |
| 2014 | $47,100 | $2,900 | $50,000 | $852 |
| 2013 | — | — | $30,000 | $790 |
| 2012 | — | — | $30,300 | $754 |
| 2011 | $47,500 | $2,900 | $50,400 | $574 |
| 2010 | $47,500 | $2,900 | $50,400 | $550 |
Property facts
Year built
1914
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
3,130 sqft
Lot size
8,276 sqft
ZIP code
56097
City
Wells
Street
Franklin St
Coordinates
43.74497, -93.73090
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
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 390 Franklin St last sell?
390 Franklin St most recently sold on Mar 28, 2022 for $50,000.
What is the current tax assessment for 390 Franklin St?
The most recent total assessment for 390 Franklin St (year 2025) is $126,700 with $2,566 in property tax.
How does 390 Franklin St's assessment compare to its last sale price?
The current assessment is 153.4% above the last sale price of $50,000.
When was 390 Franklin St built?
390 Franklin St was built in 1914.
How does 390 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 390 Franklin St?
390 Franklin St is a 3 bed, 2 bath, 3,130 sqft, 8,276 sqft lot single_family.
Is 390 Franklin St a flip candidate?
No — 390 Franklin St does not appear in our flips dataset.
Is 390 Franklin St a tax-appeal candidate?
Yes — 390 Franklin St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
Geography
Other properties on Franklin St