NOT LISTED FOR SALE

1014 2nd St SE Faribault, MN 55021

Estimated Value: $39,000 - $497,000

0.25 Acre
$1,359,124 Price per Acre
10,890 Sq Ft Lot

Last Sold March 23, 2023

Last sale price $33,500

Est. 914% increase in value since last sale

Current estimated payment $1,753/month

1,204 Days on Market

About This Lot

As of March 2023

WOODED LOTS LOCATED NEAR HOSPITAL AND NATURE CENTER. CONTRACT FOR DEED FINANCING AVAILABLE.

Last Agent to Sell the Property

Scott Reineke

RE/MAX Experts Listed on: 11/25/2019

RE/MAX Experts

Last Buyer's Agent

Scott Reineke

RE/MAX Experts Listed on: 11/25/2019

RE/MAX Experts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $450

Lot Details

  • Lot Dimensions are 73x150x73x150
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Brand Peony Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1832428043

Property Details

Property Type

Land

Est. Annual Taxes

$450

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • Topography: Level
  • Lot Size: 73x150x73x150
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1832428043
  • Tax Annual Amount: 450
  • TaxWithAssessments: 450.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2019
Closed on
Mar 23, 2023
Sold by
The Constance L Reineke Revocable Trust
Bought by
Inisfall Inc
Seller's Agent
Scott Reineke
RE/MAX Experts
Buyer's Agent
Scott Reineke
RE/MAX Experts
List Price
$35,000
Sold Price
$33,500
Premium/Discount to List
-$1,500
-4.29%
Current Estimated Value
$339,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,281
Avg. Annual Appreciation
122.31%

Purchase Details

Closed on
Jun 24, 2019
Sold by
Reineke Ronald C and Reineke Constance L
Bought by
Reineke Ronald C and Reineke Contance L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Inisfall Inc $33,500 --
Reineke Ronald C -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $33,500 -4.3% --
03/13/2023 03/13/23 Pending -- -- --
06/14/2022 06/14/22 For Sale $35,000 0.0% --
03/28/2022 03/28/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $35,000 +4.5% --
02/06/2022 02/06/22 Off Market $33,500 -- --
02/02/2022 02/02/22 Price Changed $35,000 -10.0% --
11/25/2019 11/25/19 For Sale $38,900 -- --
Source: NorthstarMLS

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 $40 $428,000 $60,200 $367,800
2024 $40 $31,100 $31,100 $0
2023 $410 $31,100 $31,100 $0
2022 $450 $28,100 $28,100 $0
2021 $454 $28,700 $28,700 $0
2020 $444 $28,700 $28,700 $0
2019 $414 $28,700 $28,700 $0
2018 $402 $26,300 $26,300 $0
2017 $394 $24,800 $24,800 $0
2016 $400 $23,400 $23,400 $0
2015 $380 $23,400 $23,400 $0
2014 -- $23,400 $23,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Reineke

    Seller's Agent in 2023

    Scott Reineke

    RE/MAX

    (507) 210-1000

    26 in this area

    60 Total Sales

    Scott Reineke
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Map

Source: NorthstarMLS

MLS Number: 5335428

NorthstarMLS

APN: 18.32.4.28.043

Minnesota Rice County Faribault 55021

1014 2nd St SE, Faribault, MN

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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