4060 Wells Lake Ct
Faribault, MN 55021
5 bd 4 ba 4,038 sqft Built 1998 Lot 31,799 sqft single_family
Most recent sale
$700,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $700,000 | MLS #6176908 |
| Aug 18, 2022 | Price changed | $749,900 | MLS #6176908 |
| Jul 25, 2022 | Price changed | $769,900 | MLS #6176908 |
| May 19, 2022 | Listed | $799,900 | MLS #6176908 |
| Jul 23, 2001 | Sold | $358,900 | Public Record |
| May 12, 2000 | Sold | $310,000 | MLS #1475990 |
| Feb 2, 2000 | Listed | $329,000 | MLS #1475990 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $620,800 | $118,200 | $739,000 | $5,966 |
| 2023 | $452,100 | $104,100 | $556,200 | $4,414 |
| 2022 | $399,300 | $107,500 | $506,800 | $4,256 |
| 2021 | $370,600 | $107,500 | $478,100 | $3,978 |
| 2020 | $370,600 | $107,500 | $478,100 | $3,582 |
| 2019 | $344,600 | $107,500 | $452,100 | $3,454 |
| 2018 | $321,100 | $107,500 | $428,600 | $3,426 |
| 2017 | $313,400 | $107,500 | $420,900 | $3,476 |
| 2016 | — | — | $397,500 | $3,588 |
| 2015 | — | — | $397,500 | $3,472 |
| 2014 | — | — | $400,800 | $4,032 |
| 2013 | — | — | $404,100 | $3,674 |
| 2012 | — | — | $404,100 | $3,488 |
| 2011 | $311,500 | $120,100 | $431,600 | $3,972 |
| 2010 | — | — | $529,200 | $4,018 |
| 2009 | $444,800 | $132,800 | $577,600 | $3,928 |
| 2006 | — | — | $495,000 | $3,622 |
Property facts
Year built
1998
Property type
single_family
Stories
1
Beds
5
Baths
4
Living area
4,038 sqft
Lot size
31,799 sqft
ZIP code
55021
City
Faribault
Street
Wells Lake Ct
Coordinates
44.29471, -93.34553
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,057
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value
—
Frequently asked questions
When did 4060 Wells Lake Ct last sell?
4060 Wells Lake Ct most recently sold on Oct 14, 2022 for $700,000.
What is the current tax assessment for 4060 Wells Lake Ct?
The most recent total assessment for 4060 Wells Lake Ct (year 2025) is $739,000 with $5,966 in property tax.
How does 4060 Wells Lake Ct's assessment compare to its last sale price?
The current assessment is 5.6% above the last sale price of $700,000.
When was 4060 Wells Lake Ct built?
4060 Wells Lake Ct was built in 1998.
How does 4060 Wells Lake Ct compare to others on Wells Lake Ct?
We track 8 other properties on Wells Lake Ct. Browse the list under "Other properties on Wells Lake Ct" to compare beds, baths, and sale history.
What are the property facts for 4060 Wells Lake Ct?
4060 Wells Lake Ct is a 5 bed, 4 bath, 4,038 sqft, 31,799 sqft lot single_family.
Is 4060 Wells Lake Ct a flip candidate?
No — 4060 Wells Lake Ct does not appear in our flips dataset.
Is 4060 Wells Lake Ct a tax-appeal candidate?
No — 4060 Wells Lake Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
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Geography
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