3 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

School Info

Assigned Schools Information:

  • Faribault Senior High School, Public District Grades 9-12
  • Faribault Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

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

117 DAYS ON ROCKET

+70 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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Last updated on: 11/5/2024, 2:22:49 PM 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-1970553
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 3.01 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1970554
2
/10

  • Faribault Middle School

  • 704 17th St SW

  • 3.77 miles

  • Public District Grades 6-8

High School

school-card-donut-1970555
3
/10

  • Faribault Senior High School

  • 330 9th Ave SW

  • 3.14 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,769. Typical income of Faribault, MN residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area 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.

What are the assigned schools for this property?

The assigned schools for 41XX Wells Lake Ct are:
Lincoln Elementary School: GreatSchools Rating 5/10
Faribault Middle School: GreatSchools Rating 2/10
Faribault Senior High School: GreatSchools Rating 3/10

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.

In October 2024, from all listings sold in Faribault, MN there were more than 9 sold above asking price, over 7 sold below and more than 11 were sold right at the asked price. The number of homes for sale in Faribault, MN increased by 9.6% between September 2024 and October 2024. In October 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $299,900.

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

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