Welcome to your new lake oasis! Make your lakeshore dream come true. This charming property provides an ideal lakeside retreat, perfect for those craving waterfront living. A captivating lake home nestled on iconic Shields Lake with exceptional lake views and 324 feet of pristine lake frontage! Perfect for gatherings and creating lasting memories! The calm waters are home to wildlife, enjoy the vistas from most rooms of the home. Relax on the spacious deck or unwind in the oversized great room warmed by a toasty fireplace. Whether you are looking for a permanent residence or a vacation escape, this amazing property offers a unique opportunity to immerse yourself in lakeside living. Two stall garage with spancrete space below for lakeside toys and workshop, plus Morton 30x48 building, separate 10x15 shed. Terrific opportunity to make this ideal home your own with cosmetic updates. Prime location less than a mile away from hundreds of acres of prime public hunting land.
Closed
$690,000
8855 Shields Lake Path, Faribault, MN 55021
3beds
2,398sqft
Single Family Residence
Built in 1975
1.32 Acres Lot
$709,300 Zestimate®
$288/sqft
$2,278 Estimated rent
Home value
$709,300
$610,000 - $830,000
$2,278/mo
Zestimate® history
Owner options
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$2,278/mo
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$2,278/mo
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$4,308/mo
Est. payment
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$4,308/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Patricia Schmidt-Iverson 612-414-7100,
Coldwell Banker Realty,
Al Iverson 612-840-5444
Bought with:
Tim Dougherty
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6538604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Area: 253 Square Feet
- Dimensions: 11 X 23
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 X 12
Bedroom 3
- Level: Lower
- Area: 176 Square Feet
- Dimensions: 16 X 11
Deck
- Level: Main
- Area: 420 Square Feet
- Dimensions: 21 X 20
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9 X 8
Family room
- Level: Main
- Area: 513 Square Feet
- Dimensions: 27 X 19
Family room
- Level: Lower
- Area: 220 Square Feet
- Dimensions: 20 X 11
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 16 X 7
Kitchen 2nd
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11 X 10
Living room
- Level: Main
- Area: 315 Square Feet
- Dimensions: 21 X 15
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, Laundry Room
Features
- Basement: Finished,Full
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 2,398
- Total interior livable area: 2,398 sqft
- Finished area above ground: 1,728
- Finished area below ground: 670
Property
Parking
- Total spaces: 6
- Parking features: Attached
- Attached garage spaces: 6
- Details: Garage Dimensions (27x29 27x43)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- On waterfront: Yes
- Waterfront features: Lake Front
- Frontage length: Water Frontage: 324
Lot
- Size: 1.32 Acres
- Features: Tree Coverage - Medium
Details
- Additional structures: Pole Building, Storage Shed
- Foundation area: 1728
- Parcel number: 0902326019
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: Private Sewer
- Water: Well
Community & HOA
Community
- Subdivision: Corls 2nd Add
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $626,400
- Annual tax amount: $4,456
- Date on market: 7/1/2024
- Cumulative days on market: 119 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/27/2024 | Sold | $690,000-1.4%$288/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
| 12/23/2024 | Pending sale | $699,900$292/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
| 11/10/2024 | Price change | $699,900-2.1%$292/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
| 10/28/2024 | Listed for sale | $715,000$298/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
| 9/9/2024 | Pending sale | $715,000$298/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
| 7/8/2024 | Listed for sale | $715,000$298/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6538604 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,718 +4.9% | $626,400 +9.3% |
| 2024 | $4,496 +9.7% | $573,300 +1% |
| 2023 | $4,098 +10.6% | $567,500 +13.2% |
| 2022 | $3,706 +3.3% | $501,400 +18.4% |
| 2021 | $3,586 +24.1% | $423,400 +4.1% |
| 2020 | $2,890 | $406,600 +19.4% |
| 2019 | $2,890 +5% | $340,500 +4.4% |
| 2018 | $2,752 +3.5% | $326,300 +5.3% |
| 2017 | $2,660 -2.9% | $309,900 -0.2% |
| 2016 | $2,740 | $310,500 +6.5% |
| 2015 | $2,740 +14.9% | $291,500 +9.8% |
| 2014 | $2,384 +5.2% | $265,600 |
| 2013 | $2,266 +17% | -- |
| 2012 | $1,936 | -- |
| 2011 | $1,936 +10.3% | -- |
| 2010 | $1,756 -0.6% | -- |
| 2009 | $1,766 -3% | -- |
| 2008 | $1,820 +2.7% | -- |
| 2007 | $1,772 +2.2% | -- |
| 2006 | $1,734 | -- |
Find assessor info on the county website
Neighborhood: 55021
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Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 8.9 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 10.2 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 9.3 mi
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Estimated market value
$709,300
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Estimated market value
$709,300
- Minnesota
- Rice County
- Faribault
- 55021
- 8855 Shields Lake Path
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