NOT LISTED FOR SALE

1025 2nd St SW Faribault, MN 55021

Estimated Value: $240,000 - $263,000

3 Beds
2 Baths
1,286 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 1025 2nd St SW, Faribault, MN 55021 and is currently estimated at $252,175, approximately $196 per square foot. 1025 2nd St SW is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2021
Sold by
Wheeler Jeremy
Bought by
Lam Chanthon
Current Estimated Value
$252,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,755
Outstanding Balance
$195,385
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$50,929

Purchase Details

Closed on
Mar 8, 2021
Sold by
Src Property Group Llc
Bought by
Wheeler Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2017
Sold by
Jcm Properties Llc
Bought by
Src Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 2017

Purchase Details

Closed on
Jul 12, 2012
Sold by
Bauer Amanda M
Bought by
Sunde Anthony S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,510
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Lacroix Luke and Lacroix Melissa
Bought by
Bauer Amanda M

Purchase Details

Closed on
Sep 26, 2003
Sold by
Gillen James A and Gillen Laura S
Bought by
Dewolfe Melissa A and Lacroix Lucas T

Purchase Details

Closed on
Jun 27, 1997
Sold by
Thompson Linda J and Thompson Roy Hedberg
Bought by
Gillen James A and Gillen Laura S
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lam Chanthon $222,900 On Site Title
Wheeler Jeremy $205,000 Edina Realty Title Inc
Src Property Group Llc $115,000 Attorney
-- $115,000 --
Jcm Properties Llc $115,400 Attorney
Sunde Anthony S $123,000 --
Bauer Amanda M $149,500 --
Dewolfe Melissa A $137,000 --
Gillen James A $85,900 --
Wheeler Jeremy Jeremy $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Chanthon $211,755
Previous Owner Wheeler Jeremy $201,286
Previous Owner Src Property Group Llc $100,000
Previous Owner Sunde Anthony S $125,510
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 $1,760 $180,300 $49,600 $130,700
2024 $1,760 $170,200 $44,800 $125,400
2023 $1,714 $170,200 $44,800 $125,400
2022 $1,480 $157,800 $41,600 $116,200
2021 $1,742 $132,700 $32,000 $100,700
2020 $1,784 $130,800 $28,800 $102,000
2019 $1,460 $122,900 $27,200 $95,700
2018 $1,098 $109,600 $25,600 $84,000
2017 $1,090 $103,900 $25,600 $78,300
2016 $1,094 $101,000 $25,600 $75,400
2015 $1,044 $99,300 $25,600 $73,700
2014 -- $99,400 $25,600 $73,800
Source: Public Records

Map