NOT LISTED FOR SALE

1016 Division St W Faribault, MN 55021

Estimated Value: $176,000 - $229,000

3 Beds
2 Baths
1,152 Sq Ft
$174/Sq Ft Est. Value

About This Home

This home is located at 1016 Division St W, Faribault, MN 55021 and is currently estimated at $200,105, approximately $173 per square foot. 1016 Division St W is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Nelson Scott and Lin Ming
Bought by
Brown Aaron
Current Estimated Value
$200,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Outstanding Balance
$195,836
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
-$13,792

Purchase Details

Closed on
Oct 17, 2023
Sold by
Woo Kit Chow and Lai Chee
Bought by
Nelson Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,850
Outstanding Balance
$195,836
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
-$13,792

Purchase Details

Closed on
Oct 17, 2022
Sold by
Woo Kit and Woo Lai
Bought by
Nelson Scott

Purchase Details

Closed on
Apr 1, 2019
Sold by
Chow Woo Kit and Woo Lai Chee
Bought by
Cook Troy and Degrood Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4.2%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 15, 2016
Sold by
Chow Kit and Woo Lai Chee
Bought by
Wimer Jenna N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Brown Aaron $205,000 --
Nelson Scott A $70,000 None Listed On Document
Nelson Scott $70,000 --
Cook Troy $89,000 None Available
Wimer Jenna N $89,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Aaron $198,850
Previous Owner Cook Troy $82,000
Previous Owner Wimer Jenna N $84,000
Closed Kuntze Mackenze T --
Source: Public Records

Tax History Compared to Growth

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 $1,518 $160,800 $22,300 $138,500
2024 $1,518 $57,500 $21,500 $36,000
2023 $2,200 $57,500 $21,500 $36,000
2022 $1,322 $117,700 $20,700 $97,000
2021 $1,154 $99,100 $17,600 $81,500
2020 $1,432 $85,600 $16,900 $68,700
2019 $1,000 $81,100 $13,800 $67,300
2018 $984 $74,100 $13,800 $60,300
2017 $816 $70,900 $12,300 $58,600
2016 $774 $56,400 $12,300 $44,100
2015 $498 $52,200 $9,200 $43,000
2014 -- $52,200 $9,200 $43,000
Source: Public Records

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