20035 Wells Lake Way Faribault, MN 55021
Estimated Value: $455,350 - $558,000
            
                4
                Beds
            
            
            
                3
                Baths
            
            
            
                1,640
                Sq Ft
            
            
                
                    $304/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 20035 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $497,838, approximately $303 per square foot. 20035 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
            
            
                Dec 30, 2014
            
        
                Sold by
            
            
                Granneman Dale Dale
            
        
                Bought by
            
            
                Schweisthal Jeremiah Jeremiah
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $243,589
            
        
                Outstanding Balance
            
            
                $186,510
            
        
                Interest Rate
            
            
                3.83%
            
        
                Estimated Equity
            
            
                $311,328
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Schweisthal Jeremiah Jeremiah | $250,400 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Schweisthal Jeremiah Jeremiah | $243,589 | 
                Source: Public Records
            
        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 | $3,062 | $428,400 | $81,300 | $347,100 | 
| 2024 | $3,062 | $409,700 | $75,300 | $334,400 | 
| 2023 | $2,914 | $409,700 | $75,300 | $334,400 | 
| 2022 | $2,580 | $374,900 | $69,200 | $305,700 | 
| 2021 | $2,388 | $312,900 | $60,200 | $252,700 | 
| 2020 | $2,256 | $293,400 | $60,200 | $233,200 | 
| 2019 | $2,058 | $291,100 | $60,200 | $230,900 | 
| 2018 | $1,972 | $264,000 | $60,200 | $203,800 | 
| 2017 | $2,010 | $251,800 | $60,200 | $191,600 | 
| 2016 | $1,858 | $240,500 | $60,200 | $180,300 | 
| 2015 | $1,724 | $217,500 | $60,200 | $157,300 | 
| 2014 | -- | $211,000 | $60,200 | $150,800 | 
                Source: Public Records
                    
            
        Map
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