Owners & Occupancy for 15280 520th Ave

No contact information is available.

Appreciation Since Purchased

$551,200

Purchased April 02, 2004

Number of Residents

2

Occupancy

Resident 1	***************
Resident 2	********************

Property Financials for 15280 520th Ave

15280 520th Ave, Wells, MN has no known mortgage. The Faribault county assessment for 2023 values it at $635,200, with annual taxes of $3,228.

Property Tax

Purchase Date	April 02, 2004
Property Tax Amount	$3,228 in 2024
Purchase Price	$84,000
Assessed Value	$635,200 on 2023

Investment Potential for 15280 520th Ave

The property has a current estimated value of $635,200, which is 522% above the zip median, based on public records. It last sold on April 02, 2004 for $84K. Projected long-term

is $24,000 annually ($2,000 per month) with a 91% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$84,000

Sold April 02, 2004

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$635K

($603K - $667K)

522% above zip median

Discover more Single Family Homes in 56097.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$24,000 per year($2,000 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

91%in 56097 zip code

View Rental Potential

Property Details for 15280 520th Ave

Property Age

125 years

(Remodeled 1900)

50 years older than zip median

Property Details

Property Sq Ft

Living Area

1,438 sq ft

13% above market

Lot Size

2,439,360 sq ft

23234% above market

Price Per Sq Ft

Living Area

$442 / sq ft

462% above market

Lot Size Area

$0 / sq ft

97% below market

Property Information

Property condition, age, exterior, etc. for 15280 520t…

Land & Location Information

Longitude: -93.826007 Latitude: 43.706403 Parcel Number (APN): 19.022.0200…

Recommended Properties in 56097

Discover more single family homes near 15280 520th Ave in Wells, Minnesota. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

High Demand Long-Term Rental
$32.9K - $36.3K
Est. Value
261 5th Ave NW, Wells, MN 56097
3 beds · 1 baths · 891 sq ft · Last Sold: $11,500 in 2003 · Built: 1930
Owned for 15 - 25 Years
$87.1K - $96.3K
Est. Value
111 2nd Ave SW, Wells, MN 56097
2 beds · 1 baths · 1,744 sq ft · Last Sold: $40,000 in 2009 · Built: 1953
Large Lot Advantage
$219K - $242K
Est. Value
57380 240th St, Wells, MN 56097
4 beds · 2 baths · 1,964 sq ft · Last Sold: $279,900 in 2022 · Built: 1932
Owned for 15 - 25 Years
$1.22M - $1.35M
Est. Value
20394 540th Ave, Wells, MN 56097
Last Sold: $240,000 in 2002
Owned for 10 - 15 Years
$472K - $522K
Est. Value
60435 195th St, Wells, MN 56097
Last Sold: $500 in 2010
Owner Age Above 75
$105K - $116K
Est. Value
11393 560th Ave, Wells, MN 56097
3 beds · 1 baths · 1,338 sq ft · Built: 1880
High Demand Long-Term Rental
$69.5K - $76.9K
Est. Value
430 5th St SW, Wells, MN 56097
3 beds · 1 baths · 1,612 sq ft · Last Sold: $97,000 in 2017 · Built: 1941
Large Lot Advantage
$56.9K - $62.9K
Est. Value
20 6th Ave NW, Wells, MN 56097
2 beds · 1 baths · 910 sq ft · Last Sold: $38,000 in 2001 · Built: 1933
Owner Age Above 75
$106K - $117K
Est. Value
330 Thurman St, Wells, MN 56097
3 beds · 2 baths · 1,248 sq ft · Built: 1900
Owned for 15 - 25 Years
$719K - $795K
Est. Value
61255 300th St, Wells, MN 56097
Valued below Market Median
$96.9K - $107K
Est. Value
422 S Broadway, Wells, MN 56097
3 beds · 1 baths · 1,267 sq ft · Last Sold: $15,000 in 1997 · Built: 1914
Owner Age 55 - 65
$140K - $155K
Est. Value
399 1st Ave NW, Wells, MN 56097
3 beds · 1 baths · 1,809 sq ft · Last Sold: $170,000 in 2024 · Built: 1894
Owned for 25 - 50 Years
$190K - $210K
Est. Value
369 1st Ave SW, Wells, MN 56097
2 beds · 2 baths · 2,480 sq ft · Last Sold: $36,000 in 1992 · Built: 1924
Owned for 25 - 50 Years
$208K - $230K
Est. Value
425 5th St SW, Wells, MN 56097
2 beds · 2 baths · 2,358 sq ft · Built: 1991
Large Lot Advantage
$250K - $276K
Est. Value
19025 State Highway 22, Wells, MN 56097
3 beds · 2 baths · 2,300 sq ft · Built: 1980
Owner Age 45 - 55
$114K - $126K
Est. Value
499 7th Ave SW, Wells, MN 56097
2 beds · 1 baths · 1,872 sq ft · Last Sold: $100,100 in 2014 · Built: 1960
Owner Age Above 75
$124K - $138K
Est. Value
132 1st St SW, Wells, MN 56097
2 beds · 1 baths · 1,613 sq ft · Built: 1900
Owner Age Above 75
$188K - $208K
Est. Value
600 8th St SW, Wells, MN 56097
3 beds · 2 baths · 2,114 sq ft · Built: 1986
Valued below Market Median
$950 - $1.1K
Est. Value
278 1st Ave NW, Wells, MN 56097
Last Sold: $5,000 in 1997
Good value per sqft
$65.6K - $72.6K
Est. Value
300 6th Ave SW, Wells, MN 56097
3 beds · 2 baths · 1,678 sq ft · Last Sold: $21,500 in 2010 · Built: 1915

Market Benchmarks

Compare data for 15280 520th Ave in Faribault County to the median in the zip code area and surrounding markets, where available.

View zip code benchmarks

Property

Zip

Difference

State

Difference

$635,200

$102,100

$533,100 (522%)

$247,775

$387,425 (156%)

—

YoY Price Change

—

Year Built

1900

1950

-50 years

1975

-75 years

Living Space

1,438 sq ft

1,274 sq ft

164 (13%)

1,258 sq ft

180 (14%)

$ Per Living Sq Ft

$442

$79

$363 (462%)

$190

$252 (133%)

Lot Size

2,439,360 sq ft

10,454 sq ft

2428906 (23234%)

8,712 sq ft

2430648 (27900%)

$ Per Lot Sq Ft

$0

$9

-$9 (-97%)

$26

-$25 (-99%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$***** (****%)

$18,185

-$5,214 (-29%)

Annual Revenue

$24,000

$25,800

-$1,800 (-7%)

$26,400

-$2,400 (-9%)

$*****

$****

$**** (****%)

$8,177

$2,852 (35%)

Net Operating Income

$*****

$***** (****%)

$18,185

-$5,214 (-29%)

Cap Rate

****%

—

7.21%

—

View Zip code Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

Property Condition	****View Condition
Property Type	Single Family Home
Total Bedrooms	2
Total Bathrooms	1
Year Built	1900
Building Sq Ft	1,438 sq ft
Lot Size	56 Acres
Living Space	1,438 sq ft
Ground Floor	546 sq ft
Basement	546 sq ft
Heating / Fuel	Forced Air
Roof Covering	Asphalt
Garage	Garage

APN	19.022.0200
Census Tract	4601001119
Municipality	Walnut Lake Twp
County	Faribault
Zoning	101
Neighborhood	56097
Longitude / Latitude	-93.826007 / 43.706403
Lot Size	2,439,360 sq ft

Est. Value	$635,200
Price / Sq Ft	$442
Est. Rent/mo	$2,000
Occupancy	N/A

15280 520th Ave Wells, MN 56097

property value

$635,200

market valuation

$102,100

market valuation

$93,200

investment intelligence

Owners & Occupancy for 15280 520th Ave

Appreciation Since Purchased

$551,200

Number of Residents

2

Occupancy

Property Financials for 15280 520th Ave

Property Tax

Investment Potential for 15280 520th Ave

rental income

property appreciation

Last Sale Amount

$84,000

property value

$635K

($603K - $667K)

rental income

operating expenses

Property Details for 15280 520th Ave

Property Age

125 years

(Remodeled 1900)

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Recommended Properties in 56097

$32.9K - $36.3K

Est. Value

261 5th Ave NW, Wells, MN 56097

3 beds · 1 baths · 891 sq ft · Last Sold: $11,500 in 2003 · Built: 1930

$87.1K - $96.3K

Est. Value

111 2nd Ave SW, Wells, MN 56097

2 beds · 1 baths · 1,744 sq ft · Last Sold: $40,000 in 2009 · Built: 1953

$219K - $242K

Est. Value

57380 240th St, Wells, MN 56097

4 beds · 2 baths · 1,964 sq ft · Last Sold: $279,900 in 2022 · Built: 1932

$1.22M - $1.35M

Est. Value

20394 540th Ave, Wells, MN 56097

Last Sold: $240,000 in 2002

$472K - $522K

Est. Value

60435 195th St, Wells, MN 56097

Last Sold: $500 in 2010

$105K - $116K

Est. Value

11393 560th Ave, Wells, MN 56097

3 beds · 1 baths · 1,338 sq ft · Built: 1880

$69.5K - $76.9K

Est. Value

430 5th St SW, Wells, MN 56097

3 beds · 1 baths · 1,612 sq ft · Last Sold: $97,000 in 2017 · Built: 1941

$56.9K - $62.9K

Est. Value

20 6th Ave NW, Wells, MN 56097

2 beds · 1 baths · 910 sq ft · Last Sold: $38,000 in 2001 · Built: 1933

$106K - $117K

Est. Value

330 Thurman St, Wells, MN 56097

3 beds · 2 baths · 1,248 sq ft · Built: 1900

$719K - $795K

Est. Value

61255 300th St, Wells, MN 56097

$96.9K - $107K