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  • $671,000

    3011 Wells Lake Dr, Faribault, MN 55021

    3beds
    2,993sqft
    Single Family
    Built in 2001
    0.53 Acres Lot
    $671,100 Zestimate®
    $224/sqft
    $2,884 Estimated rent

    Home value

    $671,100

    $638,000 - $705,000

    $2,884/mo

    Zestimate® history
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    What's special

    Beautifully updated home on just over 1/2 acre of waterfront living! Abundant wildlife on land and water to keep you interested while sitting on the large deck or hanging out in front of a fire down by the water. The exterior of the home is maintenance free with a new architectural roof in 2024! You'll be surrounded by gorgeous shrubs and flowers with something always blooming. Sprinkler system pumps off the lake for the lawn and flowers.. (new pump 9/2025) Inside the home is all freshly painted light and bright with new flooring and lighting in most areas. As you walk in you will be greeted by a large entry and cozy living room. Entering the kitchen you will enjoy it's updates with tons of cabinets, appliances, center island, backsplash, quartz countertops, sink, faucet,reverse osmosis, and new lighting. The dining area easily fits a table for 6 with a patio door to the deck and beautiful views of the water. Next, the main floor family room has a updated gas Fireplace with shiplap surround and mantel along with new carpet and paint plus a beautiful view of the water from here too! Full bath off family room has a new vanity, paint, and flooring. This main level also has an office with atrium doors and a closet {should you need a guest room instead}. Finally on this level is a laundry room/mud room also updated.. Upstairs you will find fresh paint and carpet throughout. The primary bedroom also views the water and the bath has a new shower, vanity and flooring. The second bath has a jet tub and new vanity top. Downstairs in the lower level is a freshly painted and carpeted family/game room with daylight windows. Down a few more steps is a complete flex area including a kitchenette with sink and cabinets, carpeted area and a 3/4 bath. Daylight window in the area too. The best part is the convenient garage access to/from this area! This area has potential for so many things like hobby area, workshop, workout space or even future multi-generational living. The 3 car garage is pleasantly oversized (approx 950 sq ft) with that stairway to the 4th level and storage shed in the back that sits on a 20x28 concrete slab. Lots of room for toys! This truly is a wonderful private oasis!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jan Geis 612-701-4435,

    RE/MAX Advantage Plus

    Bought with:

    NON-RMLS

    Non-MLS

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7017836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Upper
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Bedroom 2
    • Level: Upper
    • Area: 138 Square Feet
    • Dimensions: 12x11.5
    Bedroom 3
    • Level: Upper
    • Area: 126.5 Square Feet
    • Dimensions: 11.5x11
    Dining room
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Family room
    • Level: Main
    • Area: 348 Square Feet
    • Dimensions: 24x14.5
    Family room
    • Level: Lower
    • Area: 201.5 Square Feet
    • Dimensions: 15.5x13
    Family room
    • Level: Lower
    • Area: 340 Square Feet
    • Dimensions: 20x17
    Kitchen
    • Level: Main
    • Area: 175.5 Square Feet
    • Dimensions: 13.5x13
    Kitchen 2nd
    • Level: Lower
    • Area: 336 Square Feet
    • Dimensions: 24x14
    Living room
    • Level: Main
    • Area: 195.75 Square Feet
    • Dimensions: 14.5x13.5
    Office
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Softener Owned
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Main Level
    Features
    • Basement: Block,Daylight,Drain Tiled,Finished,Single Tenant Access,Sump Basket,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Family Room, Gas
    Interior area
    • Total structure area: 2,993
    • Total interior livable area: 2,993 sqft
    • Finished area above ground: 2,013
    • Finished area below ground: 979

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Garage Door Opener
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Door Height (7)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Modified Two Story
    • Stories: 2
    • Patio & porch: Composite Decking, Deck
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Lake, North, River
    • Has water view: Yes
    • Water view: Lake,River
    • Waterfront features: Dock, Lake Front, River Front, River View, Waterfront Elevation(10-15)
    • Frontage length: Water Frontage: 102
    Lot
    • Size: 0.53 Acres
    • Dimensions: 110 x 224 x 102 x 208
    • Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1352
    • Parcel number: 1034176002
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Block
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service, Power Company: Steele-Waseca Co-op Electric
    • Gas: Natural Gas
    • Sewer: Septic System Compliant - Yes
    • Water: Shared System, Well

    Community & HOA

    Community
    • Subdivision: Rivermont Estates
    HOA
    • Has HOA: No
    Location
    • Region: Faribault

    Financial & listing details

    • Price per square foot: $224/sqft
    • Tax assessed value: $508,900
    • Annual tax amount: $3,878
    • Date on market: 5/29/2026
    • Cumulative days on market: 3 days

    Price history

    DateEventPrice
    5/28/2026Sold$671,000-2.7%$224/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7017836 Report a problem
    2/15/2026Listed for sale$689,900+29%$231/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7017836 Report a problem
    3/29/2024Sold$535,000-0.9%$179/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468171 Report a problem
    1/31/2024Pending sale$539,900$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468171 Report a problem
    1/12/2024Listed for sale$539,900+117.7%$180/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6468171 Report a problem
    7/2/2012Sold$248,000$83/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1794224 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,878 +14%$508,900 +0.3%
    2024$3,402 +7.3%$507,200 +10.2%
    2023$3,172 +2.2%$460,100 +13.3%
    2022$3,104 +4.2%$406,200 +10.1%
    2021$2,980 +9.8%$369,100 +3.4%
    2020$2,714 $357,000 +4.6%
    2019$2,714 +3.1%$341,300 +4.9%
    2018$2,632 +0.3%$325,300 +1.3%
    2017$2,624 -1.2%$321,200 +9.5%
    2016$2,656 $293,400 +0.1%
    2015$2,656 +3.4%$293,200 -0.7%
    2014$2,568 -4.9%$295,300
    2013$2,700 +8.3%--
    2012$2,492 --
    2011$2,492 -11.4%--
    2010$2,812 +0.1%--
    2009$2,808 -0.5%--
    2008$2,822 +7.8%--
    2007$2,618 +16.3%--
    2006$2,252 +17.7%--
    2004$1,914 +6.8%--
    2003$1,792 +3100%--
    2002$56 --
    Find assessor info on the county website

    Neighborhood: 55021

    Nearby schools

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    Estimated market value
    $671,100
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    Estimated market value
    $671,100