NOT LISTED FOR SALE

3960 Wells Lake Way Faribault, MN 55021

Estimated Value: $625,000 - $740,000

2 Beds
5 Baths
1,767 Sq Ft
$380/Sq Ft Est. Value

About This Home

This home is located at 3960 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $671,042, approximately $379 per square foot. 3960 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
Aug 25, 2017
Sold by
Ruegsegger Catherine E
Bought by
Ruegsegger Tyler D and Ruegsegger Megan C
Current Estimated Value
$671,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 25, 2006
Sold by
Mccomb Kelly and Mccomb Brian D
Bought by
National Residential Nominee Svcs Inc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Holmes David C and Holmes Debra A
Bought by
Mcmillan Kelly E and Mccomb Brian D

Purchase Details

Closed on
Jul 15, 2002
Sold by
Lavalle Vernon J and Kennedy Marlys P
Bought by
Holmes David C and Holmes Debra A
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.

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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
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Ruegsegger Tyler D $480,000 None Available
National Residential Nominee Svcs Inc $515,500 --
Mcmillan Kelly E $448,000 --
Holmes David C $342,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruegsegger Tyler D $450,000
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 $4,686 $603,500 $129,500 $474,000
2024 $4,464 $588,700 $123,500 $465,200
2023 $4,024 $588,700 $123,500 $465,200
2022 $3,934 $513,500 $111,400 $402,100
2021 $3,762 $469,300 $118,200 $351,100
2020 $3,498 $452,100 $118,200 $333,900
2019 $3,380 $441,500 $118,200 $323,300
2018 $3,360 $419,400 $118,200 $301,200
2017 $3,452 $412,800 $118,200 $294,600
2016 $3,562 $394,900 $118,200 $276,700
2015 $3,446 $394,900 $118,200 $276,700
2014 -- $397,800 $118,200 $279,600
Source: Public Records

Map

Minnesota Rice County Faribault 55021

3960 Wells Lake Way, Faribault, MN

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