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Single Family ResidenceResidential
$119,509
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 42How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

701 8TH ST SW

WELLS, MN 56097
0
Baths
1,307 ft²
Lot SizeThe size of the land the home sits on, from county records.

Valuation

$120K
$50K low$189K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$48 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$400 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$2,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$400

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyFARIBAULT
Lot (acres)The size of the land the home sits on, from county records.0.03
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
United South Central High SchoolC+
Middle · Grades 7–12 · 0.2 mi
E
United South Central Elementary SchoolA-
Elementary · Grades PK–6 · 0.2 mi

District: United South Central School District

Neighborhood · ZIP 56097These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.106
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.84
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.15

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.18%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.3,880
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.21 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,102
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,742
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.31 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

701 8th St Sw measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Among the smallest lots in Wells 56097

What homes are worth in Wells 56097

Each bar is how many homes fall in that price range. The marker is this home.

This home
$39K$413K

This home is worth more than 37% of homes in Wells 56097.

How it measures up in Wells 56097

The dot is this home. The mark in the middle is the typical home in Wells 56097.

Estimated value$119,509
CheaperTypical $151,422Pricier

Pricier than 37% of homes nearby

Lot size1,307 ft²
SmallerTypical 0.29 acBigger

Smaller than almost all homes nearby

How 701 8th St Sw ranks against every home in each area.
MeasureThis homeWells 56097Faribault County
Estimated valuepricier than$119,50937% of homes47% of homes
Lot sizebigger than1,307 ft²almost no homesalmost no homes

About 701 8th St Sw

How much is 701 8th St Sw, Wells, MN worth?

The TopHap Estimate for 701 8th St Sw, Wells, MN is $119,509 as of Aug 30, 2026. The likely range is $49,951 to $189,067. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 701 8th St Sw, Wells, MN last sell?

701 8th St Sw, Wells, MN last sold on Jan 1, 1900, according to the county's recorded deed.

What schools serve 701 8th St Sw, Wells, MN?

701 8th St Sw, Wells, MN is assigned to United South Central High School (middle), rated C+; United South Central Elementary School (elementary), rated A-. All sit in United South Central School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 701 8th St Sw, Wells, MN compare to other homes in Wells 56097?

Among the 1,735 homes in Wells 56097, it is worth more than 37% of them ($119,509 against a typical $151,422) and its lot is bigger than almost none of them (1,307 ft² against a typical 0.29 ac). Measured against all of Faribault County, it is worth more than 47% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 701 8th St Sw, Wells, MN?

The 2025 property tax bill for 701 8th St Sw, Wells, MN was $48. The county assessed it at $400.

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Assigned schools

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