3900 Cedar Lake Blvd Faribault, MN 55021
Estimated Value: $537,507 - $588,000
            
                3
                Beds
            
            
            
                4
                Baths
            
            
            
                3,283
                Sq Ft
            
            
                
                    $171/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3900 Cedar Lake Blvd, Faribault, MN 55021 and is currently estimated at $560,877, approximately $170 per square foot. 3900 Cedar Lake Blvd 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
            
            
                Sep 1, 2021
            
        
                Sold by
            
            
                Hulmes Vernon and Hulmes Barbara J
            
        
                Bought by
            
            
                Hulmes Vernon and Hulmes Barbara J
            
        
                            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
            
            
                $177,600
            
        
                Outstanding Balance
            
            
                $161,362
            
        
                Interest Rate
            
            
                2.7%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $399,515
            
        Purchase Details
                Closed on
            
            
                Jun 16, 2021
            
        
                Sold by
            
            
                Velzke Mary Ellen
            
        
                Bought by
            
            
                Holmes Vernon and Holmes Barbara J
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $205,000
            
        
                Interest Rate
            
            
                2.9%
            
        
                Mortgage Type
            
            
                VA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Hulmes Vernon | -- | None Listed On Document | |
| Holmes Vernon | $425,000 | Titlesmart Inc | |
| Hulmes Vernon Vernon | $425,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Hulmes Vernon | $177,600 | |
| Previous Owner | Holmes Vernon | $205,000 | |
| Closed | Hulmes Vernon Vernon | $205,000 | 
                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 | $3,920 | $533,600 | $90,000 | $443,600 | 
| 2024 | $3,920 | $504,300 | $83,300 | $421,000 | 
| 2023 | $3,570 | $504,300 | $83,300 | $421,000 | 
| 2022 | $3,310 | $457,200 | $76,700 | $380,500 | 
| 2021 | $3,084 | $395,300 | $45,800 | $349,500 | 
| 2020 | $2,762 | $372,400 | $45,800 | $326,600 | 
| 2019 | $2,502 | $351,700 | $45,800 | $305,900 | 
| 2018 | $2,400 | $315,900 | $45,800 | $270,100 | 
| 2017 | $2,434 | $301,500 | $45,800 | $255,700 | 
| 2016 | $2,454 | $286,400 | $45,800 | $240,600 | 
| 2015 | $2,134 | $279,900 | $45,800 | $234,100 | 
| 2014 | -- | $255,700 | $45,800 | $209,900 | 
                Source: Public Records
                    
            
        Map
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