Seller's Agent in 2025
Scott Reineke
RE/MAX
(507) 210-1000
57 Total Sales
5701 232nd St W Faribault, MN 55021
Faribault AreaEstimated Value: $931,000 - $1,079,000
4
Beds
3.5
Baths
4,204
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- 105 Feet of Waterfront
- Deck
- 2 Fireplaces
- Beach Access
- Main Floor Primary Bedroom
- No HOA
About This Home
As of April 2025Welcome to Your Dream Lakefront Retreat. Nestled on the serene shores of Cannon Lake, this stunning lake home is where luxury meets tranquility. With 4 spacious bedrooms and 4 modern baths, this residence offers ample space for family and guests.
Step inside to find an open-concept living area highlighted by vaulted ceilings and panoramic windows that invite in natural light and breathtaking Lake views. The eat in kitchen, equipped with stainless steel appliances, double oven and granite countertops, is perfect for hosting gatherings or enjoying quiet evenings at home. Main floor features Primary Bedroom and bath, along with office space and beautiful formal dining room.
The lower level walkout is a true highlight, featuring a Large family room ideal for movie nights or game days. Complete with a wet bar, it’s perfect for entertaining guests or unwinding with loved ones. Step outside to find a spacious patio, cozy fire pit area for marshmallow nights and private dock for morning coffees or sunset boat rides. Whether you're swimming, fishing, or simply soaking in the views, life at THE LAKE feels like a perpetual vacation.
Located just minutes from 35W this home provides the perfect balance of seclusion and convenience.
Don’t miss your chance to own this piece of paradise—schedule your private tour today and start making lakeside memories that last a lifetime!
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,054
Year Built
- Built in 2005
Lot Details
- Lot Dimensions are 105 x 208 x 100 x 211
- 105 Feet of Waterfront
- Lake Front
- Few Trees
- Zoning described as Shoreline,Residential-Single Family
Parking
- 3 Car Attached Garage
Home Design
- Brick Exterior Construction
- Frame Construction
- Block Exterior
Interior Spaces
- 2-Story Property
- 2 Fireplaces
- Gas Fireplace
Kitchen
- Double Oven
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Drain
- Basement Window Egress
Outdoor Features
- Beach Access
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- 200+ Amp Service
- Well
- Gas Water Heater
- Septic System
Community Details
- No Home Owners Association
- Draper Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1417201021
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2024
Closed on
Apr 4, 2025
Sold by
Bought by
Seller's Agent
Scott Reineke
RE/MAX Experts
Buyer's Agent
Scott Reineke
RE/MAX Experts
List Price
$949,900
Sold Price
$930,000
Premium/Discount to List
-$19,900
-2.09%
Views
40
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
$67,154
Avg. Annual Appreciation
5.38%
Original Mortgage
$600,000
Outstanding Balance
$591,753
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$405,401
Purchase Details
Closed on
Feb 19, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $930,000 | Near North Title | ||
| $610,000 | Trademark Title Services Inc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $600,000 | ||
| Previous Owner | $320,000 | ||
| Previous Owner | $365,000 | ||
| Previous Owner | $401,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $930,000 | -2.1% | $221 / Sq Ft |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- |
| 11/15/2024 11/15/24 | For Sale | $949,900 | -- | $226 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $7,518 | $982,700 | $153,300 | $829,400 |
| 2025 | $7,518 | $951,600 | $137,400 | $814,200 |
| 2024 | $7,258 | $903,800 | $132,100 | $771,700 |
| 2023 | $6,460 | $903,800 | $132,100 | $771,700 |
| 2022 | $5,986 | $791,500 | $118,400 | $673,100 |
| 2021 | $5,790 | $698,200 | $111,100 | $587,100 |
| 2020 | $5,102 | $674,800 | $113,700 | $561,100 |
| 2019 | $5,528 | $616,800 | $111,000 | $505,800 |
| 2018 | $5,170 | $658,800 | $112,200 | $546,600 |
| 2017 | $5,448 | $607,300 | $112,200 | $495,100 |
| 2016 | $4,320 | $595,400 | $112,200 | $483,200 |
| 2015 | $3,576 | $472,800 | $112,200 | $360,600 |
| 2014 | -- | $406,800 | $112,200 | $294,600 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Reineke
Map
Source: NorthstarMLS
MLS Number: 6629885
APN: 14.17.2.01.021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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