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4100 Wells Lake Ct

Faribault, MN 55021

3 bd 3 ba 2,228 sqft Built 1993 Lot 33,541 sqft single_family
Most recent sale
$500,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2022 Listed $500,000 MLS #6168093
Apr 29, 2022 Sold $500,000 MLS #6168093
Mar 24, 2022 Listed $500,000 MLS #6168093
Jul 26, 2018 Sold $333,100 MLS #4965324
Jun 6, 2018 Listed $334,900 MLS #4965324

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $417,400 $3,210
2023 $359,400 $2,824
2022 $310,100 $2,632
2021 $297,000 $2,504
2020 $292,900 $2,354
2019 $253,700 $2,084
2018 $247,900 $2,058
2017 $237,000 $2,112
2016 $233,600 $2,154
2015 $235,500 $2,084
2014 $237,300 $2,406
2013 $236,500 $2,192
2012 $254,900 $2,084
2011 $319,000 $2,292
2010 $319,000 $2,316
2009 $349,500 $2,206
2006 $301,400 $2,110
2005 $260,900 $1,672

Property facts

Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,228 sqft
Lot size
33,541 sqft
ZIP code
55021
City
Faribault
Street
Wells Lake Ct
Coordinates
44.29377, -93.34664

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,342
Gross rental yield
8.02%
Implied cap rate
5.21%
Trend-extrapolated value

Frequently asked questions

When did 4100 Wells Lake Ct last sell?
4100 Wells Lake Ct most recently sold on Apr 29, 2022 for $500,000.
What is the current tax assessment for 4100 Wells Lake Ct?
The most recent total assessment for 4100 Wells Lake Ct (year 2025) is $417,400 with $3,210 in property tax.
How does 4100 Wells Lake Ct's assessment compare to its last sale price?
The current assessment is 16.5% below the last sale price of $500,000.
When was 4100 Wells Lake Ct built?
4100 Wells Lake Ct was built in 1993.
How does 4100 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 4100 Wells Lake Ct?
4100 Wells Lake Ct is a 3 bed, 3 bath, 2,228 sqft, 33,541 sqft lot single_family.
Is 4100 Wells Lake Ct a flip candidate?
No — 4100 Wells Lake Ct does not appear in our flips dataset.
Is 4100 Wells Lake Ct a tax-appeal candidate?
No — 4100 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 valuation
Quarterly 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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