3950 Wells Lake Way Faribault, MN 55021
Estimated Value: $666,000 - $747,000
3
Beds
6
Baths
2,260
Sq Ft
$309/Sq Ft
Est. Value
About This Home
This home is located at 3950 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $699,282, approximately $309 per square foot. 3950 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
Sep 13, 2002
Sold by
Peabody James C and Peabody Kay L
Bought by
Ruegsegger Catherine E
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruegsegger Catherine E | $650,000 | -- |
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 | $5,090 | $648,900 | $130,000 | $518,900 |
| 2024 | $4,876 | $636,400 | $124,000 | $512,400 |
| 2023 | $4,404 | $636,400 | $124,000 | $512,400 |
| 2022 | $4,102 | $555,000 | $111,900 | $443,100 |
| 2021 | $3,948 | $489,500 | $102,800 | $386,700 |
| 2020 | $3,674 | $474,600 | $102,800 | $371,800 |
| 2019 | $3,498 | $464,000 | $102,800 | $361,200 |
| 2018 | $44 | $434,200 | $117,300 | $316,900 |
| 2017 | $3,564 | $427,000 | $117,300 | $309,700 |
| 2016 | $3,678 | $408,300 | $117,300 | $291,000 |
| 2015 | $3,560 | $408,200 | $117,300 | $290,900 |
| 2014 | -- | $411,300 | $117,300 | $294,000 |
Source: Public Records
Map
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