NOT LISTED FOR SALE

1029 1st St NE Faribault, MN 55021

Estimated Value: $213,000 - $270,000

3 Beds
2 Baths
1,790 Sq Ft
$138/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $200,000 $112 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,447/month

6 Days on Market

Highlights

  • No HOA
  • Living Room
  • Utility Room
  • Hobby Room
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

WELCOME HOME!!! You will fall in love with the charm of this 3 bedroom, 2 bathroom home conveniently located on the outskirts of Faribault. Main floor features an open concept kitchen/dining and living room, 2 spacious bedrooms and remodeled 3/4 bathroom. The upper level has been finished and used as an enormous bedroom. The lower level is partially finished with an egress window and sheet rocked walls. Bring your imagination to finish this space off as a family/game room, hobby room or even a bedroom. The lower level bathroom includes a tub/shower and laundry. You will be impressed with the storage space available. The parking pad has been prepared with the appropriate layering of rock to add a 4 car garage. The 2 year old storage shed will remain with the property. The opportunities are endless! Call today for your own private showing!

Last Agent to Sell the Property

Michelle Jasinski

Weichert, REALTORS- Heartland Listed on: 03/30/2023

Weichert, REALTORS- Heartland

Last Buyer's Agent

Daniel Tutewohl

Keller Williams Preferred Rlty

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,148

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 76x180x76x200

Home Design

  • Flex
  • Pitched Roof

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Hobby Room
  • Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1832150016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,148

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1958
  • Above Grade Finished Sq Ft: 1504
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Partially Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Rented
  • Living Area: 1790
  • Fireplace: No
  • Below Grade Finished Sq Ft: 286
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Flex Room, Laundry, Hobby Room, Utility Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Gravel, Asphalt
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Washer/Dryer Hookup

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 76X180X76X200
  • Lot Size Sq Ft: 14810.4
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1832150016
  • Tax Annual Amount: 1148
  • TaxWithAssessments: 1188.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 15, 2023
Sold by
Demars Kelly
Bought by
Nielsen Dustin L
Seller's Agent
Michelle Jasinski
Weichert, REALTORS- Heartland
Buyer's Agent
Daniel Tutewohl
Keller Williams Preferred Rlty
List Price
$179,900
Sold Price
$200,000
Premium/Discount to List
$20,100
11.17%
Views
83
Current Estimated Value
$246,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,986
Avg. Annual Appreciation
7.37%
Original Mortgage
$194,000
Outstanding Balance
$189,539
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$47,185

Purchase Details

Closed on
Oct 25, 2001
Sold by
Donahue Michael J and Donahue Constance N
Bought by
Demars Kelly and Braun Cassandra M
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
Nielsen Dustin L $200,000 Northstar Title
Demars Kelly $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nielsen Dustin L $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $200,000 +5.3% $112 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/30/2023 03/30/23 Price Changed $189,900 +5.6% $106 / Sq Ft
03/30/2023 03/30/23 For Sale $179,900 -- $101 / Sq Ft
Source: NorthstarMLS

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 $1,720 $176,200 $52,900 $123,300
2024 $1,720 $147,900 $48,800 $99,100
2023 $1,392 $147,900 $48,800 $99,100
2022 $1,188 $133,100 $44,700 $88,400
2021 $1,116 $111,700 $32,500 $79,200
2020 $1,030 $106,300 $32,500 $73,800
2019 $878 $101,500 $32,500 $69,000
2018 $798 $89,900 $26,400 $63,500
2017 $818 $83,000 $24,400 $58,600
2016 $810 $82,600 $24,400 $58,200
2015 $788 $80,600 $24,400 $56,200
2014 -- $81,500 $24,400 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6348663

NorthstarMLS

APN: 18.32.1.50.016