NOT LISTED FOR SALE

1028 3rd Ave NW Faribault, MN 55021

Estimated Value: $189,000 - $204,000

3 Beds
1 Bath
1,078 Sq Ft
$184/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $40,000 $37 Per Sq Ft

Est. 397% increase in value since last sale

Current estimated payment $1,272/month

225 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Bathroom on Main Level

About This Home

As of June 2014

Lots of potential for the 1.5 story home. There is 1 BR on the main level and 2 BRs on the upper level. Home has a patio off the side and sits on a corner lot. Buyer & buyer's agent to verify all info.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 11/04/2013

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Leigh Jefferies

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,078 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1830301034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.2
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 832
  • Parcel Number: 1830301034
  • Projected Closed Date: 06/27/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 810
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15x14, On Level: Main
  • Room 4: Kitchen, 18x15, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 8x12, On Level: Upper
  • Room 7: 9x14, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1078
  • Total Fin Square Footage: 1078

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2021
Sold by
Cloutier George
Bought by
Bisping Daniel L
Total Days on Market
225
Current Estimated Value
$198,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,747
Outstanding Balance
$160,730
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$38,080

Purchase Details

Closed on
Apr 12, 2018
Bought by
Cloutier George George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,875
Interest Rate
4.43%

Purchase Details

Closed on
Jun 2, 2017
Sold by
Anderley Tim and Anderley Christina
Bought by
Somn Holdings Llc

Purchase Details

Closed on
Apr 24, 1998
Sold by
Braun Lori
Bought by
Wolf David A and Wolf Kimberly A

Purchase Details

Closed on
Feb 20, 1998
Sold by
Walker Kirk S
Bought by
Braun Lori M

Purchase Details

Closed on
Oct 1, 1996
Sold by
Walker Kirk S
Bought by
Smith Melissa J
Source: Public Records

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Range of Values:

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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
Bisping Daniel L $173,000 None Available
Cloutier George George $112,500 --
Somn Holdings Llc -- None Available
Wolf David A $69,350 --
Braun Lori M $58,000 --
Smith Melissa J $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bisping Daniel L $174,747
Previous Owner Cloutier George George $106,875
Closed Smith Melissa J --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $40,000 -47.7% $37 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $76,500 -- $71 / 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 $1,902 $186,700 $53,900 $132,800
2024 $1,902 $159,700 $41,200 $118,500
2023 $1,584 $159,700 $41,200 $118,500
2022 $1,440 $147,800 $39,600 $108,200
2021 $1,218 $129,800 $33,300 $96,500
2020 $1,062 $113,600 $33,300 $80,300
2019 $938 $103,800 $31,700 $72,100
2018 $916 $94,200 $28,500 $65,700
2017 $830 $91,200 $28,500 $62,700
2016 $758 $83,400 $25,300 $58,100
2015 $1,124 $77,100 $25,300 $51,800
2014 -- $81,100 $31,700 $49,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4557250

REALTOR® Association of Southern Minnesota

APN: 18.30.3.01.034