NOT LISTED FOR SALE

3920 Wells Lake Way Faribault, MN 55021

Estimated Value: $420,427 - $471,000

4 Beds
2.5 Baths
2,338 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 16, 2013

Last sale price $190,000 $81 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,576/month

145 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Flooring
  • Eat-In Kitchen
  • Docks
  • 2 Car Attached Garage
  • Patio

About This Home

As of December 2013

LAKEFRONT RAMBLER CLOSE TO TOWN ON BLACKTOP ROAD. WALKOUT LOWER LEVEL TO WELLS LAKE. WELLS LAKE ALSO HAS ACCESS TO CANNON LAKE. 1 YR HOME WARRANTY INCLUDED.

Last Agent to Sell the Property

Rodney Mahler

Edina Realty, Inc. Listed on: 04/18/2013

Last Buyer's Agent

Rodney Mahler

Edina Realty, Inc. Listed on: 04/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,040

Year Built

  • Built in 1987

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100x191x10
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Docks
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1034226022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,040

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors
  • Amenities Exterior: Dock, Driveway - Concrete, Patio
  • Estimated Number of Acres: 0.43
  • Construction: Previously Owned
  • Foundation Size: 1316
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 1034226022
  • Stories: 1 Story
  • Street Designation: Way
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor 1/2 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 12x13, On Level: Main
  • Room 2: Dining Room, 11x12, On Level: Main
  • Room 3: Family Room, 14x15, On Level: Lower
  • Room 4: Kitchen, 10x16, On Level: Main
  • Room 5: Bedroom, 13x14, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Main
  • Room 7: 9x10, On Level: Main
  • Room 8: Bedroom, 13x15, On Level: Lower
  • Room 9: Family Room, 12x27, On Level: Lower
  • Room 10: 3 Season Porch, 12x20, On Level: Main
  • Room 11: Patio, 12x20, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1498
  • Below Grade Finished Sq Ft: 840
  • Total Fin Square Footage: 2338

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 677.46
  • Waterfront Name: Wells
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 100
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 100x191x10
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2013
  • Tax Value: 2040

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2025
Sold by
Lechtenberg Charles David and Lechtenberg Marinda D
Bought by
Lh Escapes Properties Llc
Current Estimated Value
$446,357
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lh Escapes Properties Llc $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2013 12/16/13 Sold $190,000 -20.5% $81 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $239,000 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,884 $385,800 $110,400 $275,400
2024 $2,884 $371,300 $105,300 $266,000
2023 $2,504 $371,300 $105,300 $266,000
2022 $2,382 $322,100 $95,000 $227,100
2021 $2,270 $286,500 $87,300 $199,200
2020 $2,122 $275,600 $87,300 $188,300
2019 $2,036 $270,500 $87,300 $183,200
2018 $1,966 $256,100 $87,300 $168,800
2017 $2,022 $245,400 $87,300 $158,100
2016 $2,052 $235,900 $87,300 $148,600
2015 $1,986 $232,000 $88,200 $143,800
2014 -- $233,700 $88,200 $145,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rodney Mahler

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4464567

REALTOR® Association of Southern Minnesota

APN: 10.34.2.26.022

Minnesota Rice County Faribault 55021

3920 Wells Lake Way, Faribault, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes