NOT LISTED FOR SALE

4050 Wells Lake Way Faribault, MN 55021

Estimated Value: $499,797 - $615,000

5 Beds
2 Baths
3,100 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $280,000 $90 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,195/month

329 Days on Market

Highlights

  • Waterfront Community
  • Wood Flooring
  • Porch
  • Deck
  • Breakfast Area or Nook
  • 3 Car Attached Garage

About This Home

As of May 2014

NEARLY AN ACRE OF YARD, HARDWOOD FLOORING, OPEN FLOOR PLAN, SPACIOUS KITCHEN, 2-3 SEASON PORCHES! NEW WATER HEATER 2014. NEW OVERSIZED DRIVEWAY, NEW ROOF, & NEW SEPTIC HAVE BEEN COMPLETED!!

Last Agent to Sell the Property

Nancy Barr

Edina Realty, Inc. Listed on: 05/08/2013

Last Buyer's Agent

Rebecca Scadden

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,069

Year Built

  • Built in 1991

Lot Details

  • 0.99 Acre Lot
  • Irregular Lot
  • Few Trees

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 1033101012

Community Details

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,069

Year Built

Built in 1991

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Patio, Porch
  • Estimated Number of Acres: 0.99
  • Assessment Balance: 62.61
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1700
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 1033101012
  • Projected Closed Date: 05/02/2014
  • Stories: 1 Story
  • Street Designation: Way
  • Taxes With Assessments: 2132
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 24x16, On Level: Main
  • Room 2: Dining Room, 19x10, On Level: Main
  • Room 3: Family Room, 17x17, On Level: Lower
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Main
  • Room 6: Bedroom, 12x13.6, On Level: Main
  • Room 7: 16x12, On Level: Lower
  • Room 8: Bedroom, 11x17, On Level: Lower
  • Room 9: Bedroom, 13x13, On Level: Lower
  • Room 10: 3 Season Porch, 17x10, On Level: Main
  • Room 11: 3 Season Porch, 17x10, On Level: Lower
  • Room 12: Patio, 20x18, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1700
  • Below Grade Finished Sq Ft: 1400
  • Total Fin Square Footage: 3100

Exterior Features

  • LakeAcres: 677.46
  • Waterfront Name: Wells
  • Exterior: Metal
  • Roof: Asphalt Shingles
  • Waterfront Description: Association Access

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Shared

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 20

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 115.1x100x
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 1991

Tax Info

  • Year: 2013
  • Tax Value: 2069

MLS Schools

  • School District: Faribault #656

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $280,000 +1.8% $90 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
05/08/2013 05/08/13 For Sale $275,000 -- $89 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,504 $481,600 $80,200 $401,400
2024 $3,504 $483,700 $74,200 $409,500
2023 $3,412 $483,700 $74,200 $409,500
2022 $3,066 $436,800 $68,300 $368,500
2021 $2,832 $367,700 $59,400 $308,300
2020 $2,568 $343,900 $59,400 $284,500
2019 $2,222 $328,500 $59,400 $269,100
2018 $2,154 $283,200 $59,400 $223,800
2017 $2,304 $272,900 $59,400 $213,500
2016 $2,334 $257,600 $59,400 $198,200
2015 $2,104 $252,500 $59,400 $193,100
2014 -- $252,300 $59,400 $192,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Barr

    Edina Realty, Inc.

  • R

    Buyer's Agent in 2014

    Rebecca Scadden

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4474570

REALTOR® Association of Southern Minnesota

APN: 10.33.1.01.012

Minnesota Rice County Faribault 55021

4050 Wells Lake Way, Faribault, MN

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