NOT LISTED FOR SALE

4896 Cedar Lake Blvd Faribault, MN 55021

Estimated Value: $354,000 - $401,718

3 Beds
2 Baths
2,520 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $315,000 $125 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,987/month

89 Days on Market

Highlights

  • Second Kitchen
  • Home Office
  • 3 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • Living Room

About This Home

As of February 2024

Escape to Your Own Piece of Country Living! Experience the serene lifestyle you've always wanted with this amazing property, complete with one acre and a pole barn. This beautiful home is located just a few minutes from the city limits and boasts over 2500 square feet of finished living space. Consider this a perfect rental setup or ideal for multi-generational living as each level offers a full kitchen, living area, bedrooms, laundry and separate entrances. Features include a huge main floor bedroom (234 sq ft!), new water softener, recently serviced boiler and A/C, walkout lower level, steel siding & 3 car heated garage. Looking for a new hobby hideaway or a storage solution? Look no further than the 936 sq ft pole building with 12' walls - the ultimate space to fit your needs! Located near many area lakes, grab the chance to have the best of both worlds!

Last Agent to Sell the Property

Daryl Bauer

Re/Max Advantage Plus Listed on: 10/27/2023

Re/Max Advantage Plus

Last Buyer's Agent

Caitlin Stacken

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage

Home Design

  • Wood Siding
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Second Kitchen
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Baseboard Heating
  • Boiler Heating System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Water Softener is Owned
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1033225002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1280
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Second Unit: Easily Divided,Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Walkout
  • Appliances: Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2520
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1240
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Family Room, Informal Dining Room, Kitchen- 2nd, Bedroom 3, Office, Laundry, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Fencing: None
  • Other Structures: Pole Building

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Heated Garage

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: Septic System Compliant - No
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Natural Woodwork,Panoramic View,Washer/Dryer Hookup

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 acre
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1033225002
  • Tax Annual Amount: 1998
  • TaxWithAssessments: 1998.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 13, 2024
Sold by
Bultman Francis and Bultman Lorraine
Bought by
Freeman Matthew
Seller's Agent
Daryl Bauer
Re/Max Advantage Plus
Buyer's Agent
Caitlin Stacken
eXp Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
434
Current Estimated Value
$376,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,680
Avg. Annual Appreciation
11.09%
Original Mortgage
$315,000
Outstanding Balance
$309,433
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$67,247

Purchase Details

Listed on
Oct 27, 2023
Closed on
Feb 12, 2024
Sold by
Bultman Lorraine M and Bultman Francis E
Bought by
Freeman Matthew
Seller's Agent
Daryl Bauer
Re/Max Advantage Plus
Buyer's Agent
Caitlin Stacken
eXp Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$309,433
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$67,247

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 23, 2024
Sold by
Francis E Bultman E and Francis Lorraine M
Bought by
Bultman Lorraine M
Seller's Agent
Daryl Bauer
Re/Max Advantage Plus
Buyer's Agent
Caitlin Stacken
eXp Realty
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$309,433
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$67,247

Purchase Details

Closed on
Nov 11, 2016
Sold by
Bultman Francis E and Bultman Lorraine M
Bought by
Bultman Francis E and Bultman Lorraine M
Source: Public Records

Range of Values:

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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
Freeman Matthew $315,000 --
Freeman Matthew $315,000 None Listed On Document
Bultman Lorraine M $500 None Listed On Document
Bultman Francis E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Matthew $315,000
Closed Freeman Matthew $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2024 02/13/24 Sold $315,000 -0.8% $125 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
12/14/2023 12/14/23 Price Changed $317,400 -0.8% $126 / Sq Ft
11/11/2023 11/11/23 Price Changed $319,900 -1.6% $127 / Sq Ft
10/27/2023 10/27/23 For Sale $325,000 -- $129 / Sq Ft
Source: NorthstarMLS

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 $130 $329,300 $93,000 $236,300
2024 $130 $298,100 $80,000 $218,100
2023 $1,998 $298,100 $80,000 $218,100
2022 $1,794 $263,500 $70,000 $193,500
2021 $1,632 $224,300 $62,500 $161,800
2020 $1,540 $207,600 $60,000 $147,600
2019 $1,432 $205,700 $60,000 $145,700
2018 $1,350 $190,400 $60,000 $130,400
2017 $1,380 $179,500 $60,000 $119,500
2016 $1,370 $172,600 $60,000 $112,600
2015 $1,316 $166,400 $60,000 $106,400
2014 -- $166,400 $60,000 $106,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6451126

NorthstarMLS

APN: 10.33.2.25.002