Seller's Agent in 2025
Kathy Kalow
Edina Realty, Inc.
(507) 323-5236
103 Total Sales
8992 Shields Lake Path Faribault, MN 55021
3
Beds
1.5
Baths
1,328
Sq Ft
1.06
Acres
Highlights
- Deeded Waterfront Access Rights
- Corner Lot
- Stainless Steel Appliances
- Lake View
- No HOA
- Porch
About This Home
As of August 2025Peaceful Acreage, Stunning Views & Deeded Lake Access—A Rare Opportunity! Nestled on over an acre of land with serene lake views this beautifully updated home is a rare find. Whether you envision building your dream shop, expanding your garden, or simply enjoying wide-open space, this property offers endless potential. A spacious 12x28 storage shed is included in the sale—perfect for extra storage, hobbies, or a future workshop. The three-season room is shining with charm with views at every angle feeling like you are perched in nature. Over the last five years, nearly every major component has been thoughtfully upgraded for comfort and peace of mind. The kitchen features soft-close cabinetry, updated countertops, and modern appliances. The main-level bathroom has been fully remodeled with a walk-in shower, new toilet, sink, fixtures, and vanity. A large newer picture window in the living room fills the space with natural light and frames scenic views of the an 88-acre State Wildlife Management Area and wildlife beyond. Enjoy efficient and reliable utilities with a newer boiler, mini-split system with two air handlers, and a gas water heater. The home also features a newer well pump, new in the last few years poured cement driveway, a newer cement floor in the attached two-car garage, and a stylish paver patio perfect for relaxing outdoors. The durable steel siding offers long-term value and low maintenance. The full walkout basement with a daylight window is ready to be finished, offering plenty of space to add more living area, a guest suite, or a recreation room. Deeded lake access is just a short walk away, making it easy to enjoy water activities year-round. With modern updates, stunning views, and room to grow, this home offers the perfect blend of comfort, privacy, and outdoor lifestyle. Properties like this don’t come along often—schedule your private showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,636
Year Built
- Built in 1976
Lot Details
- 1.06 Acre Lot
- Corner Lot
- Unpaved Streets
- Additional Parcels
Parking
- 2 Car Attached Garage
- Tuck Under Garage
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Storage Room
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Outdoor Features
- Deeded Waterfront Access Rights
- Patio
- Porch
Utilities
- Boiler Heating System
- 100 Amp Service
- Private Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
- Corls Add 02 Subdivision
Listing and Financial Details
- Assessor Parcel Number 0902326017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2025
Closed on
Aug 7, 2025
Sold by
Silkey Daniel E and Silkey Julie A
Bought by
Braget Noah D and Braget Skye L
Seller's Agent
Kathy Kalow
Edina Realty, Inc.
Buyer's Agent
Kathy Kalow
Edina Realty, Inc.
List Price
$360,000
Sold Price
$358,200
Premium/Discount to List
-$1,800
-0.5%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.55%
Original Mortgage
$120,000
Outstanding Balance
$120,000
Interest Rate
5.8%
Mortgage Type
VA
Estimated Equity
$259,982
Purchase Details
Closed on
Sep 13, 2018
Sold by
Stransky William Anthony and Mari Louise
Bought by
Silkey Daniel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
4.6%
Mortgage Type
New Conventional
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $358,200 | Edina Realty Title | |
| Trustee Deed | $189,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | VA | |
| Previous Owner | $179,600 | New Conventional | |
| Previous Owner | $179,550 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $358,200 | -0.5% | $270 / Sq Ft |
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $360,000 | -- | $271 / 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 | $2,676 | $348,600 | $81,600 | $267,000 |
| 2024 | $2,676 | $317,400 | $72,500 | $244,900 |
| 2023 | $2,374 | $317,400 | $72,500 | $244,900 |
| 2022 | $2,082 | $288,500 | $66,500 | $222,000 |
| 2021 | $1,850 | $247,200 | $48,400 | $198,800 |
| 2020 | $1,656 | $220,900 | $48,400 | $172,500 |
| 2019 | $1,716 | $204,800 | $42,700 | $162,100 |
| 2018 | $1,276 | $197,700 | $42,700 | $155,000 |
| 2017 | $1,296 | $159,500 | $42,700 | $116,800 |
| 2016 | $1,294 | $152,200 | $42,700 | $109,500 |
| 2015 | $1,246 | $148,500 | $42,700 | $105,800 |
| 2014 | -- | $148,500 | $42,700 | $105,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kathy Kalow
Map
Source: NorthstarMLS
MLS Number: 6745093
APN: 09.02.3.26.017
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