4072 Wells Lake Way Faribault, MN 55021
Estimated Value: $560,000 - $680,132
4
Beds
3
Baths
3,346
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 4072 Wells Lake Way, Faribault, MN 55021 and is currently estimated at $642,783, approximately $192 per square foot. 4072 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 9, 2023
Sold by
Chavis Jeremy and Chavis Krista Roxann
Bought by
Chavis Jeremy B and Chavis Krista R
Current Estimated Value
Purchase Details
Closed on
Jun 16, 2015
Bought by
Chavis Jeremy Jeremy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
4.04%
Purchase Details
Closed on
Nov 10, 2004
Sold by
Blow Duane O and Blow Priscilla J
Bought by
Westad Jeffrey R and Westad Jessica
Purchase Details
Closed on
Apr 11, 1997
Sold by
Bach John E
Bought by
Black Pamela
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chavis Jeremy B | -- | None Listed On Document | |
| Chavis Jeremy Jeremy | $209,000 | -- | |
| Westad Jeffrey R | $339,000 | -- | |
| Black Pamela | $175,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chavis Jeremy Jeremy | $167,200 |
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 | $4,824 | $637,400 | $85,800 | $551,600 |
| 2024 | $4,824 | $584,200 | $79,500 | $504,700 |
| 2023 | $4,182 | $584,200 | $79,500 | $504,700 |
| 2022 | $3,216 | $530,700 | $73,100 | $457,600 |
| 2021 | $2,978 | $384,700 | $66,300 | $318,400 |
| 2020 | $2,784 | $360,400 | $66,300 | $294,100 |
| 2019 | $2,328 | $354,300 | $66,300 | $288,000 |
| 2018 | $2,216 | $295,500 | $66,300 | $229,200 |
| 2017 | $2,374 | $280,100 | $66,300 | $213,800 |
| 2016 | $2,414 | $265,000 | $66,300 | $198,700 |
| 2015 | $2,274 | $261,000 | $66,300 | $194,700 |
| 2014 | -- | $260,900 | $66,300 | $194,600 |
Source: Public Records
Map
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