NOT LISTED FOR SALE

3976 Wells Lake Way Faribault, MN 55021

Estimated Value: $527,000 - $698,000

3 Beds
3 Baths
1,340 Sq Ft
$439/Sq Ft Est. Value

About This Home

This home is located at 3976 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $587,805, approximately $438 per square foot. 3976 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 4, 2017
Sold by
Thompson Cynthia M and Thompson Lloyd C
Bought by
Fredrickson Jim D and Fredrickson Sandra K
Current Estimated Value
$587,805

Purchase Details

Closed on
Aug 28, 2003
Sold by
Landry Julie A and Landry Robert
Bought by
Thompson Cynthia M and Thompson Lloyd C
Source: Public Records

Range of Values:

Collateral Analytics

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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
Fredrickson Jim D $395,000 Edina Realty Title Inc
Thompson Cynthia M $329,000 --
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 $3,854 $511,500 $157,300 $354,200
2024 $3,854 $509,200 $150,000 $359,200
2023 $3,470 $509,200 $150,000 $359,200
2022 $3,412 $444,100 $135,300 $308,800
2021 $3,264 $406,800 $143,000 $263,800
2020 $2,954 $392,900 $143,000 $249,900
2019 $2,868 $374,600 $143,000 $231,600
2018 $1,620 $358,800 $143,000 $215,800
2017 $1,600 $346,400 $143,000 $203,400
2016 $1,638 $330,600 $143,000 $187,600
2015 $1,426 $329,100 $143,000 $186,100
2014 -- $311,900 $143,000 $168,900
Source: Public Records

Map

Minnesota Rice County Faribault 55021

3976 Wells Lake Way, Faribault, MN

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