Seller's Agent in 2025
Lacie Nelson
eXp Realty
(952) 873-9333
220 Total Sales
3900 Wells Lake Way Faribault, MN 55021
5
Beds
3
Baths
2,256
Sq Ft
0.52
Acres
Highlights
- 98 Feet of Waterfront
- 2 Car Attached Garage
- Storage Room
- No HOA
- Living Room
- 1-Story Property
About This Home
As of June 2025Imagine living on the water, where a soft, pastel sky painted in dreamy swirls of pink, blue, and purple, like a serene watercolor masterpiece, gleams right outside your door! Here’s your chance to embrace the ultimate lake life – fish from your dock, sail away on peaceful boat rides, watch the many eagles soar across your backyard treeline, and soak in all the beauty Wells Lake has to offer, including access to both Cannon Lake and the Cannon River. With 98 feet of lakeshore, a private dock, and a boatlift, this charming 1/2-acre lot is a nature lover’s dream. Step inside to an open, airy main level where vaulted ceilings and exposed beams set the stage for relaxed living. From the kitchen to the living room, you’ll be greeted by panoramic lake views that will make every moment feel special. The spacious primary suite offers a cozy escape, complete with two walk-in closets, a bath, and access to a future deck – your personal retreat. Plus, two additional bedrooms and a laundry room are just steps away. Downstairs, the family room opens to a peaceful patio – perfect for entertaining or just enjoying the outdoors. With two more bedrooms, a full bath, and a second laundry hookup, the lower level is perfect for guests or family. You’ll also love the over 500 sq. ft. of storage space for all your lake gear! Recent updates include a new roof in 2023, A/C in 2015, and new vinyl siding in 2010. With a 700 sq. ft. garage and plenty of parking, there’s room for everything you need. And with Faribault and I-35 just minutes away, you get the best of lakeside serenity and easy access to town. Lake life is calling – come answer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,062
Year Built
- Built in 1984
Lot Details
- 0.52 Acre Lot
- Lot Dimensions are 98x220x112x208
- 98 Feet of Waterfront
- Lake Front
Parking
- 2 Car Attached Garage
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Storage Room
- Utility Room
- Finished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Utilities
- Forced Air Heating and Cooling System
- Well
- Septic System
Community Details
- No Home Owners Association
- Dels View Subdivision
Listing and Financial Details
- Assessor Parcel Number 1034226024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2025
Closed on
Jun 13, 2025
Sold by
Ahlman Joyce M and Hoover Cynthia L
Bought by
Wieme Andrew and Wieme Lachelle
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Camille Hanson
Counselor Realty of Rochester
List Price
$499,500
Sold Price
$480,000
Premium/Discount to List
-$19,500
-3.9%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,122
Avg. Annual Appreciation
11.19%
Original Mortgage
$384,000
Outstanding Balance
$384,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$109,940
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 | $480,000 | Rochester Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $384,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/13/2025 06/13/25 | Sold | $480,000 | -3.9% | $213 / Sq Ft |
| 04/12/2025 04/12/25 | For Sale | $499,500 | -- | $221 / 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 | $3,110 | $418,300 | $114,000 | $304,300 |
| 2024 | $3,110 | $413,700 | $108,700 | $305,000 |
| 2023 | $2,794 | $413,700 | $108,700 | $305,000 |
| 2022 | $2,620 | $364,300 | $98,100 | $266,200 |
| 2021 | $2,496 | $317,500 | $90,200 | $227,300 |
| 2020 | $2,308 | $305,600 | $90,200 | $215,400 |
| 2019 | $2,112 | $297,400 | $90,200 | $207,200 |
| 2018 | $2,046 | $270,100 | $90,200 | $179,900 |
| 2017 | $2,082 | $260,400 | $90,200 | $170,200 |
| 2016 | $2,094 | $248,400 | $90,200 | $158,200 |
| 2015 | $2,012 | $242,300 | $90,200 | $152,100 |
| 2014 | -- | $242,300 | $90,200 | $152,100 |
Source: Public Records
Agents Affiliated with this Home
-
Lacie Nelson
-
Morgan Almendinger
Seller Co-Listing Agent in 2025
Morgan Almendinger
eXp Realty
(507) 649-4010
93 Total Sales
-
Camille Hanson
Buyer's Agent in 2025
Camille Hanson
Counselor Realty of Rochester
(507) 313-3885
104 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6698372
APN: 10.34.2.26.024
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