1027 2nd Ave NW Faribault, MN 55021
Estimated Value: $196,000 - $213,000
3
Beds
2
Baths
1,081
Sq Ft
$191/Sq Ft
Est. Value
About This Home
This home is located at 1027 2nd Ave NW, Faribault, MN 55021 and is currently estimated at $206,545, approximately $191 per square foot. 1027 2nd Ave NW 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
Apr 24, 2020
Sold by
Feldman Nicholas John and Feldman Michele L
Bought by
Lundin Jerry Lee and Lundin Jenna Suzanne
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
$147,184
Outstanding Balance
$130,632
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$75,913
Purchase Details
Closed on
Sep 21, 2001
Sold by
Leider Terry L and Leider Rosemary L
Bought by
Feldman Nicholas
Purchase Details
Closed on
Dec 30, 1998
Sold by
Hoysler Layton C and Hoysler Gevine E
Bought by
Leider Terry Lee and Leider Rosemary L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lundin Jerry Lee | $149,900 | Edina Realty Title Inc | |
| Feldman Nicholas | $93,400 | -- | |
| Leider Terry Lee | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lundin Jerry Lee | $147,184 |
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 | $1,968 | $191,600 | $40,700 | $150,900 |
| 2024 | $1,968 | $171,600 | $30,500 | $141,100 |
| 2023 | $1,700 | $171,600 | $30,500 | $141,100 |
| 2022 | $1,562 | $156,800 | $29,200 | $127,600 |
| 2021 | $1,522 | $138,600 | $24,100 | $114,500 |
| 2020 | $962 | $135,300 | $24,100 | $111,200 |
| 2019 | $832 | $96,500 | $22,900 | $73,600 |
| 2018 | $816 | $86,600 | $22,900 | $63,700 |
| 2017 | $734 | $84,200 | $22,900 | $61,300 |
| 2016 | $732 | $77,000 | $20,300 | $56,700 |
| 2015 | $728 | $75,000 | $20,300 | $54,700 |
| 2014 | -- | $77,400 | $25,400 | $52,000 |
Source: Public Records
Map
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