Closed

$48,000

523 2nd Ave SE, Wells, MN 56097

3beds

1,237sqft

Single Family Residence

Built in 1904

6,969 Square Feet Lot

$48,800 Zestimate^®

$39/sqft

$1,201 Estimated rent

Home value

$48,800

Estimated sales range

Not available

$1,201/mo

Zestimate^® history

Owner options

List your home for rent

$1,201/mo

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$1,201/mo

Rent Zestimate^®

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$245/mo

Est. payment

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$245/mo

Est. payment

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What's special

With TLC this home is Great Investor opportunity! Don't miss this!!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

None

Features

Basement: Other
Has fireplace: No

Interior area

Total structure area: 1,237
Total interior livable area: 1,237 sqft
Finished area above ground: 1,149
Finished area below ground: 88

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2
Details: Garage Dimensions (28x24)

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 6,969 Square Feet
Dimensions: 50 x 140

Details

Foundation area: 712
Parcel number: 302006530
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1904

Utilities & green energy

Gas: Other
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Wells

HOA

Has HOA: No

Location

Region: Wells

Financial & listing details

Price per square foot: $39/sqft
Tax assessed value: $75,300
Annual tax amount: $847
Date on market: 7/2/2025
Cumulative days on market: 42 days

Price history

Date	Event	Price
8/22/2025	Sold	$48,000-12.7%$39/sqft
Source: NorthstarMLS as distributed by MLS GRID #6748422 Report a problem
8/13/2025	Pending sale	$55,000$44/sqft
Source: NorthstarMLS as distributed by MLS GRID #6748422 Report a problem
8/4/2025	Price change	$55,000-14.1%$44/sqft
Source: NorthstarMLS as distributed by MLS GRID #6748422 Report a problem
7/2/2025	Listed for sale	$64,000+52.4%$52/sqft
Source: NorthstarMLS as distributed by MLS GRID #6748422 Report a problem
9/13/2011	Sold	$42,000$34/sqft
Source: Public Record Report a problem
11/12/2009	Sold	$42,000+20%$34/sqft
Source: Public Record Report a problem
5/9/2007	Sold	$35,000$28/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$922 +0.7%	$75,300 +14.8%
2024	$916 +22.8%	$65,600 -0.8%
2023	$746 +0.3%	$66,100 +35.7%
2022	$744 +3.9%	$48,700 +11.4%
2021	$716 -16.2%	$43,700
2020	$854 +4.1%	$43,700 +1.9%
2019	$820 -8.3%	$42,900 +2.1%
2018	$894 +1.6%	$42,000 -13%
2017	$880 +15.5%	$48,300
2015	$762	$48,300
2013	--	$48,300 -1%
2012	--	$48,800 +0.2%
2011	--	$48,700