Seller's Agent in 2025
Pete Mergens
Century 21 Atwood
(612) 741-4257
133 Total Sales
3890 Wells Lake Way Faribault, MN 55021
3
Beds
2.5
Baths
2,680
Sq Ft
1.31
Acres
Highlights
- 207 Feet of Waterfront
- Multiple Garages
- Deck
- Beach Access
- RV Access or Parking
- Family Room with Fireplace
About This Home
As of July 2025Stunning Lakefront Rambler on Beautiful Wells Lake – A Rare Opportunity!
Discover your dream home on the north shore of Wells Lake with this exceptional 3-bedroom, 3-bathroom rambler that perfectly blends comfort, luxury, and functionality. Nestled on a flat, spacious lot with over 200 feet of pristine shoreline, this one-of-a-kind property offers panoramic south-facing lake views, a sandy beach, and a truly remarkable 2,200 sq ft attached shop with 13' RV garage door, in addition to a generous 3-car garage. As you arrive, the grand double driveway and elegant paver front entry welcomes you home, while the covered front porch invites you to relax and take in the serene surroundings and bubbling water feature in the landscaping. Step inside to an open-concept vaulted living, dining, and kitchen area, all oriented to maximize breathtaking views of the lake. The custom-designed kitchen is a chef’s delight, featuring a massive center island with a built-in oven, an oversized breakfast bar, and beautiful oak cabinetry with a built-in hutch. From here, step out onto the expansive, maintenance-free wraparound deck with a motorized awning — perfect for sunny days. Arguably the best feature of the home is the incredible 4-season porch, offering vaulted ceilings, a cozy gas fireplace, and floor-to-ceiling windows that flood the space with natural light and offer unobstructed lake views. Enjoy direct access to the deck for seamless indoor-outdoor living. The main level also features a spacious primary suite with walk-in closet, walkthrough full main bath, and sliding glass door to the 4-season porch, a second bedroom with potential for a home office, offering direct access to the attached shop, and main floor laundry. Downstairs, you’ll find a third bedroom, craft room, a cozy family room with fireplace and wet bar, 3/4 bath, and walkout access to a length of home stamped concrete patio with a dry ceiling system — ideal for enjoying rainy days in comfort. The attached heated shop is a rare and valuable feature, perfect for RV enthusiasts, hobbyists, or small business needs, with its own bathroom and utility sinks. Located just minutes from the historic river town of Faribault, you’ll enjoy the charm of rural lake living with the convenience of nearby shopping, dining, and amenities. This home includes a one-year home warranty for added peace of mind. Don’t miss your chance to own this extraordinary lakeside retreat – homes like this don’t come around often!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,198
Year Built
- Built in 1988
Lot Details
- 1.31 Acre Lot
- 207 Feet of Waterfront
- Lake Front
- Unpaved Streets
Parking
- 5 Car Attached Garage
- Multiple Garages
- Heated Garage
- Insulated Garage
- Garage Door Opener
- RV Access or Parking
Home Design
- Pitched Roof
- Shake Siding
Interior Spaces
- 1-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Hobby Room
- Utility Room Floor Drain
- Washer
Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Beach Access
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Private Water Source
- Well
Community Details
- No Home Owners Association
- Dels View Subdivision
Listing and Financial Details
- Assessor Parcel Number 1034226028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Jul 18, 2025
Sold by
Malecha Rita R
Bought by
Kettner Wayde and Kettner Michelle
Seller's Agent
Pete Mergens
Century 21 Atwood
Buyer's Agent
Kelly Harbal
Edina Realty, Inc.
List Price
$829,900
Sold Price
$820,000
Premium/Discount to List
-$9,900
-1.19%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.89%
Original Mortgage
$720,000
Outstanding Balance
$720,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$34,799
Purchase Details
Closed on
Jul 7, 2005
Sold by
Blomberg Lamont R and Blomberg Pamela R
Bought by
Malecha David F and Malecha Rita R
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 | $820,000 | Trademark Title | |
| Warranty Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $400,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $820,000 | -1.2% | $306 / Sq Ft |
| 06/18/2025 06/18/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $829,900 | +1.2% | $310 / Sq Ft |
| 05/28/2025 05/28/25 | Off Market | $820,000 | -- | -- |
| 05/14/2025 05/14/25 | For Sale | $829,900 | +1.2% | $310 / Sq Ft |
| 05/13/2025 05/13/25 | Off Market | $820,000 | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $829,900 | -- | $310 / Sq Ft |
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 | $5,238 | $661,600 | $163,100 | $498,500 |
| 2024 | $5,238 | $630,600 | $155,500 | $475,100 |
| 2023 | $4,332 | $630,600 | $155,500 | $475,100 |
| 2022 | $4,362 | $547,200 | $140,300 | $406,900 |
| 2021 | $4,150 | $517,400 | $155,700 | $361,700 |
| 2020 | $3,818 | $499,000 | $155,700 | $343,300 |
| 2019 | $3,568 | $482,400 | $155,700 | $326,700 |
| 2018 | $44 | $442,900 | $155,700 | $287,200 |
| 2017 | $3,616 | $431,000 | $155,700 | $275,300 |
| 2016 | $3,730 | $413,900 | $155,700 | $258,200 |
| 2015 | $3,600 | $413,800 | $155,700 | $258,100 |
| 2014 | -- | $416,000 | $155,700 | $260,300 |
Source: Public Records
Agents Affiliated with this Home
-
Pete Mergens
-
Kelly Harbal
Buyer's Agent in 2025
Kelly Harbal
Edina Realty, Inc.
(507) 456-6294
8 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6718205
APN: 10.34.2.26.028
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