6708 Fairfax Way Faribault, MN 55021
3
Beds
2
Baths
2,272
Sq Ft
1.4
Acres
Highlights
- Deeded Waterfront Access Rights
- Lake View
- No HOA
- RV Access or Parking
- Wood Burning Stove
- Home Office
About This Home
As of November 2024Welcome to your Lake Mazaska home; where your deeded shared lake access offers year-round enjoyment. The view from your backyard is arguably the best in the neighborhood, offering expansive views. This meticulously maintained Rambler-style ranch home boasts ample finished square footage for comfortable living. The front door is situated on a large deck, with a view amongst the mature trees, where daily wildlife sightings of deer, turkeys, and various birds are an owner's delight. Inside, a cozy kitchen adjoins the perfect dining area with views of both the front and rear of the property. Extra storage cabinets and a built-in desk workspace are smartly integrated. The spacious living room invites gatherings, with stunning views of the backyard and your deeded access lot to Lake Mazaska. Three accessible bedrooms offer inviting retreats for rest. The lower-level basement, fully finished, serves as a versatile space for entertainment, hobbies, or relaxation, complete with a real wood fireplace and daylight windows that overlook the back yard and the lake. A lower-level walkout provides direct access to the backyard as well. An additional flex room awaits your creative touch. The large mechanical/laundry room includes extensive storage, enhancing functionality. Surrounded by a total of 1.40 acres of open lawn spaces, mature trees, daily encounters with local wildlife add to the charm of this lakeside home. Lake Mazaska is regularly stocked by DNR with walleye and northern pike. Also great fishing for walleye, crappie, bluegill, largemouth bass, and northern pike.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,760
Year Built
- Built in 1975
Lot Details
- 1.4 Acre Lot
- Lot Dimensions are 244x312x215x219
- Additional Parcels
Parking
- 2 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Interior Spaces
- 1-Story Property
- Wood Burning Stove
- Wood Burning Fireplace
- Free Standing Fireplace
- Family Room with Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Home Office
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Deeded Waterfront Access Rights
- Shared Waterfront
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Well
- Septic System
Community Details
- No Home Owners Association
- En Wayne Dells First Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0631426008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2024
Closed on
Nov 12, 2024
Sold by
Lavonne A Venero Revocable Trust and Venero Lavonne A
Bought by
Merkes William and Merkes Peggy
Seller's Agent
Tracy Feran
eXp Realty
Buyer's Agent
Cindy Yerington
eXp Realty
List Price
$380,000
Sold Price
$380,000
Views
49
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
$45,498
Avg. Annual Appreciation
12.46%
Original Mortgage
$220,000
Outstanding Balance
$218,257
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$199,666
Purchase Details
Closed on
Nov 6, 2023
Sold by
Venero Lavonne Aleen
Bought by
Lavonne A Venero Revocable Trust and Venero
Similar Homes in Faribault, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | On Site Title | |
| Deed | $380,000 | On Site Title | |
| Quit Claim Deed | $500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Closed | $220,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Sold | $380,000 | 0.0% | $167 / Sq Ft |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $380,000 | -- | $167 / 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 | $2,792 | $373,900 | $115,400 | $258,500 |
| 2024 | $2,792 | $355,600 | $103,900 | $251,700 |
| 2023 | $2,694 | $355,600 | $103,900 | $251,700 |
| 2022 | $2,490 | $331,000 | $98,500 | $232,500 |
| 2021 | $2,350 | $286,900 | $93,300 | $193,600 |
| 2020 | $2,192 | $270,400 | $93,300 | $177,100 |
| 2019 | $2,196 | $263,300 | $93,300 | $170,000 |
| 2018 | $2,012 | $263,600 | $93,300 | $170,300 |
| 2017 | $2,066 | $238,100 | $93,300 | $144,800 |
| 2016 | $2,140 | $228,900 | $93,300 | $135,600 |
| 2015 | $2,046 | $230,600 | $93,300 | $137,300 |
| 2014 | -- | $229,000 | $93,300 | $135,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Feran
Seller's Agent in 2024
Tracy Feran
eXp Realty
(952) 270-8410
119 Total Sales
-
Cindy Yerington
Buyer's Agent in 2024
Cindy Yerington
eXp Realty
(651) 724-2603
116 Total Sales
-
Michaela Karels
Buyer Co-Listing Agent in 2024
Michaela Karels
eXp Realty
(507) 380-1590
31 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6606146
APN: 06.31.4.26.008
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