4 months on rocket

41XX Wells Lake Ct, Faribault, MN, 55021

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
1 Full Bath
1,909 SqFt
$380/SqFt
House

Location

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41XX Wells Lake Ct, Faribault$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Insulated Garage
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake
FireplaceGas, Living Room
MLS #6567225
StatusActive

About 41XX Wells Lake Ct

Craft your Dream Home near Cannon Lake! This is your chance to build a custom home with Johnson Reiland Builders & Remodelers, a trusted name in the area for over 50 years. This would be a perfect lot for a 3-bed, 2-bath slab home with a sunlit 4-season porch, filling the home with natural light. Or full foundation option with lookout possiblities. Constructed by Johnson Reiland Builders & Remodelers, renowned custom builders with 50 years of expertise and a dedicated "in-house" workforce ensuring consistent quality. Selections include hardwood floors, custom cabinets, a gas fireplace, granite countertops, and a custom barrier free shower. Contact us now to explore more about this exceptional location and opportunity to build. Lake views and lots of common shared spaces around the property.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,909 SqFt

Listing Office:

  • Office Name: Real Broker, LLC

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Insulated Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-35 to MN-21, Right onto 7th St. NW Left onto Cedar Lake Blvd another left onto Wells Lake Way to Wells Lake Ct

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $380/SqFt
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Housing Market Comparison

See how this home compares to others in Faribault, MN.

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Faribault, MN

City

Med. Sold Price

$299.9K

Med. Price/SqFt

$165

Avg. Days On Market

47

# of Sold Homes

27

41XX Wells Lake Ct vs Faribault

132 DAYS ON ROCKET

+85 Days

$725,000

+$425.1K More

$380/SqFt

+$214 More

KEY TAKEAWAY

This property is $425.1K more than the Median Sold Price and $214/SqFt more than other homes in Faribault, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6567225

Listing Office:

  • Office Name: Real Broker, LLC

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,686

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-236397
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 3.02 miles

  • Public District Grades KG-5

school-card-donut-236398
3
/10

  • Jefferson Elementary School

  • 922 Home Pl

  • 3.18 miles

  • Public District Grades KG-5

school-card-donut-236399
5
/10

  • Roosevelt Elementary School

  • 925 Parshall St

  • 4.73 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,769. The majority of Faribault, MN residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 41XX Wells Lake Ct

What is the listing price of this property?

The listing price of 41XX Wells Lake Ct property is $725,000.

What type of property is this?

The property 41XX Wells Lake Ct is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 41XX Wells Lake Ct is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 41XX Wells Lake Ct has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 41XX Wells Lake Ct is 1,909 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 41XX Wells Lake Ct is 2024.

Rocket Homes›Minnesota›Rice County›Faribault›55021›41XX Wells Lake Ct

This home is located at 41XX Wells Lake Ct in Faribault, MN and zip code 55021. This 1,909 square foot home was built in 2024. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2024 and is currently priced at $725,000.

Over 9 listings were sold over their listed price in October 2024 in Faribault, MN. In the same period over 7 listings were sold below the listed price and 11 listings were sold for the listed price. In October 2024 in Faribault, MN there were 9.6% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $299,900, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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