NOT LISTED FOR SALE

20025 Wells Lake Way Faribault, MN 55021

Estimated Value: $531,152 - $602,000

5 Beds
7 Baths
2,056 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 20025 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $562,038, approximately $273 per square foot. 20025 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
Nov 13, 2020
Sold by
Knutson Matthew and Knutson Kathryn
Bought by
Engen Bradley Peter and Engen Jessica Elizabeth
Current Estimated Value
$562,038

Purchase Details

Closed on
Jun 14, 2019
Sold by
Varacka Charles
Bought by
Knutson Matthew and Knutson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2000
Sold by
Key-Land Homes
Bought by
Varacka Charles
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
Engen Bradley Peter $395,000 Mn Secured Title
Knutson Matthew $345,000 L E Sueur Cnty Abstract Co I
Varacka Charles $190,175 --
Engen Bradley Bradley $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knutson Matthew $276,000
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 $4,004 $542,900 $75,000 $467,900
2024 $4,004 $513,900 $69,500 $444,400
2023 $3,686 $513,900 $69,500 $444,400
2022 $3,390 $472,300 $63,900 $408,400
2021 $3,154 $404,300 $58,300 $346,000
2020 $2,708 $380,500 $58,300 $322,200
2019 $2,022 $345,400 $58,300 $287,100
2018 $1,974 $259,800 $58,300 $201,500
2017 $2,146 $251,900 $58,300 $193,600
2016 $2,172 $240,400 $58,300 $182,100
2015 $1,946 $235,500 $58,300 $177,200
2014 -- $235,100 $58,300 $176,800
Source: Public Records

Map

Minnesota Rice County Faribault 55021

20025 Wells Lake Way, Faribault, MN

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