4035 Wells Lake Ct Faribault, MN 55021
Estimated Value: $423,346 - $466,000
            
                4
                Beds
            
            
            
                2
                Baths
            
            
            
                2,096
                Sq Ft
            
            
                
                    $213/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 4035 Wells Lake Ct, Faribault, MN 55021 and is currently estimated at $446,087, approximately $212 per square foot. 4035 Wells Lake Ct 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 13, 2021
            
        
                Sold by
            
            
                Wittman Caleb and Wittman Jenna M
            
        
                Bought by
            
            
                Burt Sarah and Burt William
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $273,599
            
        
                Outstanding Balance
            
            
                $249,497
            
        
                Interest Rate
            
            
                2.8%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $196,590
            
        Purchase Details
                Closed on
            
            
                Dec 31, 2018
            
        
                Sold by
            
            
                Kubes Andrew and Kubes Heidi J
            
        
                Bought by
            
            
                Jacobs Jenna and Witman Caleb
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $245,373
            
        
                Interest Rate
            
            
                4.99%
            
        
                Mortgage Type
            
            
                FHA
            
        Purchase Details
                Closed on
            
            
                Sep 8, 2014
            
        
                Sold by
            
            
                Sunde Audrey Audrey
            
        
                Bought by
            
            
                Hanegraaf Scott Scott
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Burt Sarah | $342,000 | Gcs Title | |
| Jacobs Jenna | $249,900 | North American Title Co | |
| Kubes Andrew | $142,400 | North American Title Co | |
| Hanegraaf Scott Scott | $144,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Burt Sarah | $273,599 | |
| Previous Owner | Jacobs Jenna | $245,373 | 
                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 | $2,888 | $392,500 | $93,400 | $299,100 | 
| 2024 | $2,888 | $371,200 | $87,400 | $283,800 | 
| 2023 | $2,650 | $371,200 | $87,400 | $283,800 | 
| 2022 | $2,060 | $337,900 | $81,400 | $256,500 | 
| 2021 | $1,946 | $243,500 | $75,800 | $167,700 | 
| 2020 | $1,818 | $231,400 | $75,800 | $155,600 | 
| 2019 | $1,502 | $227,100 | $74,800 | $152,300 | 
| 2018 | $1,444 | $198,600 | $74,800 | $123,800 | 
| 2017 | $1,620 | $190,400 | $74,800 | $115,600 | 
| 2016 | $1,648 | $183,500 | $74,800 | $108,700 | 
| 2015 | $1,444 | $180,600 | $74,800 | $105,800 | 
| 2014 | -- | $180,400 | $74,800 | $105,600 | 
                Source: Public Records
                    
            
        Map
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