3955 Wells Lake Way Faribault, MN 55021
Estimated Value: $611,209 - $684,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                3,008
                Sq Ft
            
            
                
                    $218/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 3955 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $656,052, approximately $218 per square foot. 3955 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
            
            
                Oct 8, 2004
            
        
                Sold by
            
            
                Home Service Investments Llc
            
        
                Bought by
            
            
                Ernste Alan and Ernste Michele
            
        
                            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 | 
|---|---|---|---|
| Ernste Alan | $98,000 | -- | 
                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 | $4,480 | $597,400 | $101,200 | $496,200 | 
| 2024 | $4,480 | $559,600 | $94,600 | $465,000 | 
| 2023 | $4,006 | $559,600 | $94,600 | $465,000 | 
| 2022 | $3,642 | $511,500 | $88,100 | $423,400 | 
| 2021 | $3,420 | $434,100 | $79,800 | $354,300 | 
| 2020 | $3,230 | $410,800 | $79,800 | $331,000 | 
| 2019 | $2,822 | $407,600 | $79,800 | $327,800 | 
| 2018 | $2,766 | $353,500 | $79,800 | $273,700 | 
| 2017 | $2,820 | $343,800 | $79,800 | $264,000 | 
| 2016 | $2,858 | $328,100 | $79,800 | $248,300 | 
| 2015 | $2,714 | $322,200 | $79,800 | $242,400 | 
| 2014 | -- | $319,100 | $79,800 | $239,300 | 
                Source: Public Records
                    
            
        Map
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