3935 Wells Lake Way Faribault, MN 55021
Estimated Value: $480,939 - $620,000
4
Beds
3
Baths
1,500
Sq Ft
$356/Sq Ft
Est. Value
About This Home
This home is located at 3935 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $534,235, approximately $356 per square foot. 3935 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
May 5, 2004
Sold by
Frana Matthew T and Frana Michelle M
Bought by
Paquette Richard and Paquette Gail
Current Estimated Value
Purchase Details
Closed on
Sep 22, 1997
Sold by
Norwest Bank Minnesota South
Bought by
T Frana Construction Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paquette Richard | $292,500 | -- | |
| T Frana Construction Inc | $21,000 | -- |
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 | $3,192 | $445,100 | $80,300 | $364,800 |
| 2024 | $3,192 | $420,300 | $75,100 | $345,200 |
| 2023 | $3,022 | $420,300 | $75,100 | $345,200 |
| 2022 | $2,626 | $387,900 | $69,900 | $318,000 |
| 2021 | $2,466 | $318,200 | $62,700 | $255,500 |
| 2020 | $2,318 | $302,200 | $62,700 | $239,500 |
| 2019 | $2,016 | $298,600 | $62,700 | $235,900 |
| 2018 | $1,972 | $258,900 | $62,700 | $196,200 |
| 2017 | $2,008 | $251,700 | $62,700 | $189,000 |
| 2016 | $2,030 | $240,400 | $62,700 | $177,700 |
| 2015 | $1,946 | $235,600 | $62,700 | $172,900 |
| 2014 | -- | $235,200 | $62,700 | $172,500 |
Source: Public Records
Map
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