NOT LISTED FOR SALE

20030 20030 Wells Lake-Way- Faribault, MN 55021

Estimated Value: $430,024 - $616,000

4 Beds
2 Baths
2,688 Sq Ft
$184/Sq Ft Est. Value

About This Home

This home is located at 20030 20030 Wells Lake-Way-, Faribault, MN 55021 and is currently estimated at $495,506, approximately $184 per square foot. 20030 20030 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
Jun 26, 2025
Sold by
Colbenson Dennis and Colbenson Sharon
Bought by
Dennis R Colbenson And Sharon M Colbenson Rev and Colbenson
Current Estimated Value
$495,506

Purchase Details

Closed on
Aug 25, 2010
Sold by
Modory Guy J and Modory Paula A
Bought by
Colbenson Dennis and Colbenson Sharon

Purchase Details

Closed on
May 8, 2000
Sold by
Ernste Randal J and Ernste Susan W
Bought by
Modory Guy J and Modory Paula A
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
Dennis R Colbenson And Sharon M Colbenson Rev $500 None Listed On Document
Colbenson Dennis $170,500 --
Modory Guy J $208,000 --
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 $2,896 $406,900 $77,200 $329,700
2024 $2,896 $385,300 $71,500 $313,800
2023 $2,730 $385,300 $71,500 $313,800
2022 $2,358 $352,400 $65,800 $286,600
2021 $2,214 $287,900 $57,200 $230,700
2020 $1,946 $273,700 $57,200 $216,500
2019 $1,776 $254,300 $57,200 $197,100
2018 $1,708 $230,800 $57,200 $173,600
2017 $1,856 $221,100 $57,200 $163,900
2016 $1,878 $209,200 $57,200 $152,000
2015 $1,650 $204,700 $57,200 $147,500
2014 -- $202,900 $57,200 $145,700
Source: Public Records

Map

Minnesota Rice County Faribault 55021

20030 20030 Wells Lake-Way-, Faribault, MN

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