Seller's Agent in 2023
Lacie Nelson
eXp Realty
(952) 873-9333
225 Total Sales
4085 Wells Lake Ct Faribault, MN 55021
Estimated Value: $591,000 - $629,000
3
Beds
3.5
Baths
2,447
Sq Ft
$248/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- Deck
- 3 Car Attached Garage
- Lake View
- Walk-In Pantry
- Patio
About This Home
As of March 2023Looking for a home with a gorgeous lake front view that feels private and tranquil yet only a few short miles from town? Than welcome home to Wells Lake Court! This stunning home with deeded access to Wells Lake provides that peaceful country feel in a quiet neighborhood. Imagine enjoying your front row ticket seat of the beautiful sunrise from your main floor balcony. This home is an absolute dream! Some of the key features of this home include the breathtaking kitchen with its maple cabinets & quartz countertops, luxury vinyl plank flooring throughout, & natural light in every room! Each bedroom has its very own "private bath" & walk in closet. Just when you think this place can't get any dreamier we throw in the convenient central vac system, the oversized three car garage, & the trendy patio feature on the lower level!
Partial finished basement already has one bedroom & bathroom in place with the potential to have 3500+ finished sf if you choose! Schedule your private tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $552
Year Built
- Built in 2019
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 100x250x102x251
HOA Fees
- $60 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Pitched Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Living Room
- Dining Room
- Lake Views
- Walk-In Pantry
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
- Basement Window Egress
Accessible Home Design
- Roll-in Shower
- Grab Bar In Bathroom
Outdoor Features
- Deeded Waterfront Access Rights
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Shared Water Source
- Well
- Shared Septic
Community Details
- Association fees include beach access, dock
- Association Phone (952) 873-9333
- Wells Lake Preserve Subdivision
Listing and Financial Details
- Assessor Parcel Number 1033102004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2022
Closed on
Mar 2, 2023
Sold by
Murdock Teresa
Bought by
Brown Norman and Brown Patricia
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Lacie Nelson
eXp Realty
List Price
$599,900
Sold Price
$508,000
Premium/Discount to List
-$91,900
-15.32%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,838
Avg. Annual Appreciation
6.98%
Original Mortgage
$500,905
Outstanding Balance
$485,236
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$122,602
Purchase Details
Listed on
Sep 20, 2022
Closed on
Feb 3, 2023
Sold by
Murdock Teresa K
Bought by
Brown Norman W and Brown Patricia
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Lacie Nelson
eXp Realty
List Price
$599,900
Sold Price
$508,000
Premium/Discount to List
-$91,900
-15.32%
Views
108
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,905
Outstanding Balance
$485,236
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$122,602
Purchase Details
Closed on
Sep 10, 2018
Sold by
Steele Waseca Cooperative Electric
Bought by
Murdock Gerald B and Murdock Teresa K
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 |
|---|---|---|---|
| Brown Norman | $508,000 | -- | |
| Brown Norman W | $508,000 | -- | |
| Murdock Gerald B | -- | None Available | |
| Murdock Gerald B | $49,900 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brown Norman | $500,905 | |
| Closed | Brown Norman W | $508,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2023 03/02/23 | Sold | $508,000 | +1.6% | $208 / Sq Ft |
| 02/03/2023 02/03/23 | Pending | -- | -- | -- |
| 01/30/2023 01/30/23 | Price Changed | $499,900 | -6.6% | $204 / Sq Ft |
| 11/04/2022 11/04/22 | Price Changed | $535,000 | -3.6% | $219 / Sq Ft |
| 10/10/2022 10/10/22 | Price Changed | $555,000 | -2.6% | $227 / Sq Ft |
| 09/27/2022 09/27/22 | Price Changed | $569,900 | -5.0% | $233 / Sq Ft |
| 09/20/2022 09/20/22 | For Sale | $599,900 | -- | $245 / Sq Ft |
Source: NorthstarMLS
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 | $1,842 | $561,600 | $83,200 | $478,400 |
| 2024 | $1,842 | $529,300 | $77,900 | $451,400 |
| 2023 | $1,198 | $529,300 | $77,900 | $451,400 |
| 2022 | $592 | $449,900 | $72,500 | $377,400 |
| 2021 | $40 | $366,600 | $61,800 | $304,800 |
| 2020 | $448 | $258,300 | $61,800 | $196,500 |
| 2019 | $270 | $43,800 | $43,800 | $0 |
| 2018 | $272 | $28,300 | $28,300 | $0 |
| 2017 | $294 | $28,300 | $28,300 | $0 |
| 2016 | $302 | $28,300 | $28,300 | $0 |
| 2015 | $290 | $28,300 | $28,300 | $0 |
| 2014 | -- | $28,300 | $28,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lacie Nelson
Map
Source: NorthstarMLS
MLS Number: 6262651
APN: 10.33.1.02.004
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