NOT LISTED FOR SALE

1025 7th St NW Faribault, MN 55021

Estimated Value: $191,000 - $219,849

3 Beds
1.5 Baths
1,273 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $77,000 $60 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $1,299/month

240 Days on Market

Highlights

  • Formal Dining Room
  • Porch
  • Landscaped with Trees
  • 2 Car Detached Garage
  • Patio
  • Bathroom on Main Level

About This Home

As of May 2014

Very nice home with new windows, roof, and furnace all 10 years old. Kitchen Island Remodeled Kitchen. Bathrooms new plumbing. 2 lots. 2 car garage Agents to verify all msmnts. New steps will be installed for back door. Bring offers.

Last Agent to Sell the Property

Debra Reineke-Salmonsen

RE/MAX Experts Listed on: 07/22/2013

Last Buyer's Agent

Mark Erickson

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,156

Year Built

  • Built in 1880

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 99x175
  • Landscaped with Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,273 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 1836100003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,156

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans
  • Amenities Exterior: Driveway - Concrete, Driveway - Shared, Patio, Porch
  • Estimated Number of Acres: 0.4
  • Assessment Balance: 266
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 867
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 1836100003
  • Projected Closed Date: 05/15/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1422
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Dryer, Freezer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor 1/2 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 11x12, On Level: Main
  • Room 2: Dining Room, 11x13, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 10x10, On Level: Main
  • Room 6: Bedroom, 11x13, On Level: Upper
  • Room 7: 11x12, On Level: Upper
  • Room 9: Mud Room, 6x12, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1273
  • Total Fin Square Footage: 1273

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 99x175
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1880

Tax Info

  • Year: 2013
  • Tax Value: 1156

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2020
Sold by
Walker Kirk S and Walker Dawn
Bought by
K C Partnership Llp
Current Estimated Value
$207,712

Purchase Details

Closed on
Jan 6, 2020
Sold by
Spencer Jeffrey
Bought by
Walker Kirk S and Walker Dawn

Purchase Details

Closed on
Jan 10, 2019
Sold by
Chandler Judy L
Bought by
Spencer Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
K C Partnership Llp $135,000 At Title Llc
Walker Kirk S $105,000 Edina Realty Title Inc
Spencer Jeffrey $115,000 Edina Realty Title Inc
Spencer Jeffrey $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spencer Jeffrey $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $77,000 -29.9% $60 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
07/22/2013 07/22/13 For Sale $109,900 -- $86 / 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 $2,368 $203,700 $64,900 $138,800
2024 $2,368 $190,200 $62,700 $127,500
2023 $2,062 $190,200 $62,700 $127,500
2022 $1,872 $167,500 $64,000 $103,500
2021 $1,766 $141,700 $54,500 $87,200
2020 $1,318 $132,600 $52,100 $80,500
2019 $1,214 $122,400 $42,700 $79,700
2018 $1,154 $114,100 $42,700 $71,400
2017 $1,110 $107,700 $37,900 $69,800
2016 $972 $102,300 $37,900 $64,400
2015 $962 $91,200 $28,400 $62,800
2014 -- $93,600 $30,700 $62,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Debra Reineke-Salmonsen

    RE/MAX

  • M

    Buyer's Agent in 2014

    Mark Erickson

    Edina Realty, Inc.

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4510456

REALTOR® Association of Southern Minnesota

APN: 18.36.1.00.003

Minnesota Rice County Faribault 55021

1025 7th St NW, Faribault, MN

This home is located at 1025 7th St NW, Faribault, MN 55021 since 22 July 2013 and is currently estimated at $207,712, approximately $163 per square foot. This property was built in 1880. 1025 7th St NW is a home located in Rice County with nearby schools including Lincoln 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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