NOT LISTED FOR SALE

3945 Wells Lake Way Faribault, MN 55021

Estimated Value: $374,223 - $502,000

3 Beds
2 Baths
1,738 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 3945 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $427,556, approximately $246 per square foot. 3945 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.

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.

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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.

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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.

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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.

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,460 $349,700 $80,300 $269,400
2024 $2,460 $317,200 $75,100 $242,100
2023 $2,228 $317,200 $75,100 $242,100
2022 $1,988 $291,500 $69,900 $221,600
2021 $1,862 $246,000 $62,700 $183,300
2020 $1,724 $233,800 $62,700 $171,100
2019 $1,526 $227,700 $62,700 $165,000
2018 $1,484 $201,500 $62,700 $138,800
2017 $1,654 $195,100 $62,700 $132,400
2016 $1,680 $187,300 $62,700 $124,600
2015 $1,476 $184,000 $62,700 $121,300
2014 -- $183,800 $62,700 $121,100
Source: Public Records

Map

Minnesota Rice County Faribault 55021

3945 Wells Lake Way, Faribault, MN

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