NOT LISTED FOR SALE

1020 Reed Ave Faribault, MN 55021

Estimated Value: $391,000 - $399,841

4 Beds
3 Baths
2,753 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $182,000 $66 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,454/month

48 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Porch
  • Vaulted Ceiling
  • Formal Dining Room
  • 3 Car Attached Garage

About This Home

As of September 2013

Beautifully maintained home with plenty of amenities. Huge basement for entertaining with wet bar. Hurry, won't last long!!

Last Agent to Sell the Property

Jason Michels

Keller Williams Preferred Rlty Listed on: 05/24/2013

Last Buyer's Agent

Lori Gustafson

Weichert, REALTORS- Heartland

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 2003

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 73x180
  • Property fronts a private road
  • Partially Fenced Property
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 1806129017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,060

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Natural Woodwork, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Partial, Patio, Porch
  • Estimated Number of Acres: 0.34
  • Assessment Balance: 26
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1404
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 1806129017
  • Projected Closed Date: 09/03/2013
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 3086
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor 3/4 Bath, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x12, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 24x20, On Level: Lower
  • Room 4: Kitchen, 13x15, On Level: Main
  • Room 5: Bedroom, 16x12, On Level: Main
  • Room 6: Bedroom, 10x13, On Level: Main
  • Room 7: 10x12, On Level: Main
  • Room 8: Bedroom, 15x13, On Level: Lower
  • Room 9: Foyer, 5x6, On Level: Main
  • Room 10: Rec Room, 16x13, On Level: Lower
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1486
  • Below Grade Finished Sq Ft: 1267
  • Total Fin Square Footage: 2753

Exterior Features

  • Frontage Road: Curb/Gutters, Paved, Private, Sidewalk
  • Exterior: Brick, Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Fireplace, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 73X180
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2013
  • Tax Value: 3060

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Graham Michael P
Bought by
Graham Michael P and Michael P Graham Revocable Trust
Current Estimated Value
$395,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Michels Builders Inc
Bought by
Watkins Terry A and Watkins Wendy L Michels
Source: Public Records

Range of Values:

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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
Graham Michael P -- None Listed On Document
Watkins Terry A $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Michael P $40,784
Closed Graham Michael P $180,000
Closed Graham Michael P $50,000
Closed Graham Michael P $72,000
Previous Owner Graham Michael P $38,762
Previous Owner Graham Michael P $55,000
Previous Owner Graham Megan R $17,329
Previous Owner Graham Megan R $191,200
Previous Owner Graham Megan R $178,703
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $182,000 -14.2% $66 / Sq Ft
07/11/2013 07/11/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $212,000 -- $77 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,354 $389,200 $74,900 $314,300
2024 $4,354 $365,700 $68,300 $297,400
2023 $4,072 $365,700 $68,300 $297,400
2022 $3,500 $339,700 $68,300 $271,400
2021 $3,418 $277,800 $57,300 $220,500
2020 $3,284 $270,700 $55,100 $215,600
2019 $3,262 $265,500 $52,900 $212,600
2018 $3,328 $260,700 $54,800 $205,900
2017 $3,248 $259,300 $54,800 $204,500
2016 $3,308 $246,200 $54,800 $191,400
2015 $3,000 $245,500 $54,800 $190,700
2014 -- $235,200 $54,800 $180,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jason Michels

    Keller Williams Preferred Rlty

  • L

    Buyer's Agent in 2013

    Lori Gustafson

    Weichert, REALTORS- Heartland

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4484054

REALTOR® Association of Southern Minnesota

APN: 18.06.1.29.017

Minnesota Rice County Faribault 55021

1020 Reed Ave, Faribault, MN

This home is located at 1020 Reed Ave, Faribault, MN 55021 since 24 May 2013 and is currently estimated at $395,960, approximately $143 per square foot. This property was built in 2003. 1020 Reed Ave is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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