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
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
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
Average Home Value in this Area
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
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
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