NOT LISTED FOR SALE

20020 Wells Lake Way Faribault, MN 55021

Estimated Value: $853,249 - $913,000

4 Beds
4 Baths
3,862 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 20020 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $881,312, approximately $228 per square foot. 20020 Wells Lake Way is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Kor Joshua K and Kor Kati J
Bought by
Hacker Benjamin P
Current Estimated Value
$881,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Outstanding Balance
$409,329
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$471,983

Purchase Details

Closed on
May 17, 2017
Sold by
Kor Keith A and Kor Joan E
Bought by
Kor Joshua K and Kor Kati J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Bought by
Kor Keith Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,173
Interest Rate
4.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hacker Benjamin P $615,000 At Title Llc
Kor Joshua K $465,000 None Available
Kor Keith Keith $347,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hacker Benjamin P $461,250
Previous Owner Kor Joshua K $348,750
Previous Owner Kor Keith Keith $330,173
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 $6,610 $846,200 $74,200 $772,000
2024 $6,610 $787,200 $68,700 $718,500
2023 $5,944 $787,200 $68,700 $718,500
2022 $5,190 $723,700 $63,200 $660,500
2021 $4,608 $601,500 $54,900 $546,600
2020 $4,294 $545,800 $54,900 $490,900
2019 $3,898 $536,300 $54,900 $481,400
2018 $3,870 $484,300 $54,900 $429,400
2017 $4,072 $476,100 $54,900 $421,200
2016 $4,078 $450,900 $54,900 $396,000
2015 $3,558 $436,700 $54,900 $381,800
2014 -- $411,100 $54,900 $356,200
Source: Public Records

Map

Minnesota Rice County Faribault 55021

20020 Wells Lake Way, Faribault, MN

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