14800 Shields Lake Trail Faribault, MN 55021
1.04
Acres
$158,654
Price per Acre
45,302
Sq Ft Lot
Highlights
- 200 Feet of Waterfront
- Beach Access
- No HOA
About This Lot
As of May 2025SPECTACULAR OPPORTUNITY TO OWN LAKEFRONT LOT ON SHIELDS LAKE– BREATHTAKING VIEWS! Beautiful 1.04 acre wooded lakefront lot is available featuring 200’ of lakeshore. A short 45-minutecommute from the Metro area, Shields Lake is a 940 acre, 42’ deep recreational lake. This is an incredible opportunity to own your own lake home! Multiple species of beautiful mature hardwood trees can be found throughout the grounds. A small building is present at the back of the property that can be used as a bunkhouse or for numerous other purposes.Steps to the lake from the flat area of the lot are in place but are in need some repairs or replacement. Electricity is available at the site as well as down the steps and to the lakeshore. Natural Gas and the Internet are also available and can be run from the property line for easy access. Bring your own builder and enjoy the fishing, lake activities and magnificent sunsets that this property has to offer.
Property Details
Property Type
- Land
Est. Annual Taxes
- $918
Lot Details
- Lot Dimensions are 226x206x150x200
- 200 Feet of Waterfront
- Lake Front
- Cleared Lot
Utilities
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 0535401006
Community Details
Overview
- No Home Owners Association
- Derdleys Northside Add Subdivision
Recreation
- Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2025
Closed on
May 9, 2025
Sold by
Peterson Michael Gregory
Bought by
Schneider Gregory L and Schneider Angela M
Seller's Agent
Kristine Schultz
Chestnut Realty Inc
Buyer's Agent
Nick Schmidt
Edina Realty, Inc.
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.08%
Original Mortgage
$148,500
Outstanding Balance
$148,500
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$21,790
Purchase Details
Listed on
Mar 6, 2025
Closed on
Mar 21, 2025
Sold by
Meister Richard Alfred and Meister Sarah Elizab
Bought by
Peterson Michael Gregory
Seller's Agent
Kristine Schultz
Chestnut Realty Inc
Buyer's Agent
Nick Schmidt
Edina Realty, Inc.
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Views
47
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Outstanding Balance
$148,500
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$21,790
Purchase Details
Closed on
Feb 4, 2025
Sold by
Meister Sharon Louise
Bought by
Peterson Michael Gregory
Purchase Details
Closed on
May 27, 2020
Sold by
Meister Richard and Meister Richard Arnold
Bought by
Meister Sharon and Meister Sharon Louise
Similar Property in Faribault, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $165,000 | None Listed On Document | |
| Quit Claim Deed | $500 | Near North Title Group Llc | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $165,000 | -2.9% | -- |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $169,900 | 0.0% | -- |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/06/2025 03/06/25 | For Sale | $169,900 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $992 | $146,700 | $138,500 | $8,200 |
| 2024 | $918 | $132,700 | $125,600 | $7,100 |
| 2023 | $886 | $132,700 | $125,600 | $7,100 |
| 2022 | $906 | $122,800 | $115,900 | $6,900 |
| 2021 | $830 | $111,800 | $105,400 | $6,400 |
| 2020 | $540 | $100,000 | $93,700 | $6,300 |
| 2019 | $574 | $70,000 | $64,300 | $5,700 |
| 2018 | $608 | $69,800 | $64,300 | $5,500 |
| 2017 | $646 | $70,000 | $64,300 | $5,700 |
| 2016 | $634 | $70,000 | $64,300 | $5,700 |
| 2015 | $602 | $70,000 | $64,300 | $5,700 |
| 2014 | -- | $69,800 | $64,300 | $5,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kristine Schultz
Seller's Agent in 2025
Kristine Schultz
Chestnut Realty Inc
(952) 221-5930
23 Total Sales
-
Bryan Haasken
B
Seller Co-Listing Agent in 2025
Bryan Haasken
Chestnut Realty Inc
(612) 408-9800
270 Total Sales
-
Nick Schmidt
Buyer's Agent in 2025
Nick Schmidt
Edina Realty, Inc.
128 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6676396
APN: 05.35.4.01.006
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