1007 Reed Ave Faribault, MN 55021
Estimated Value: $319,000 - $352,000
2
Beds
2
Baths
1,603
Sq Ft
$209/Sq Ft
Est. Value
About This Home
This home is located at 1007 Reed Ave, Faribault, MN 55021 and is currently estimated at $334,617, approximately $208 per square foot. 1007 Reed Ave is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2018
Sold by
Rick Cashi Nconstruction Inc
Bought by
Thompson Ronald T and Thompson Susan Chambard
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,400
Outstanding Balance
$222,209
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$112,408
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thompson Ronald T | $256,400 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thompson Ronald T | $256,400 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,962 | $349,600 | $66,700 | $282,900 |
| 2024 | $3,962 | $324,600 | $62,300 | $262,300 |
| 2023 | $3,466 | $324,600 | $62,300 | $262,300 |
| 2022 | $3,136 | $293,000 | $53,400 | $239,600 |
| 2021 | $3,560 | $292,900 | $46,000 | $246,900 |
| 2020 | $3,382 | $280,800 | $46,000 | $234,800 |
| 2019 | $420 | $272,700 | $46,000 | $226,700 |
| 2018 | $336 | $44,900 | $36,000 | $8,900 |
| 2017 | $348 | $20,700 | $20,700 | $0 |
| 2016 | $354 | $20,700 | $20,700 | $0 |
| 2015 | $420 | $20,700 | $20,700 | $0 |
| 2014 | -- | $25,900 | $25,900 | $0 |
Source: Public Records
Map
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