1036 8th Ave SW Faribault, MN 55021
Estimated Value: $195,000 - $248,000
2
Beds
2
Baths
1,074
Sq Ft
$204/Sq Ft
Est. Value
About This Home
This home is located at 1036 8th Ave SW, Faribault, MN 55021 and is currently estimated at $218,998, approximately $203 per square foot. 1036 8th Ave 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
Jun 18, 2021
Sold by
Scherfenberg Jeffrey A and Gregor Luke
Bought by
Gregor Luke
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
$140,000
Outstanding Balance
$128,125
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,166
Purchase Details
Closed on
Feb 19, 2020
Sold by
Scherfenberg Scott Roger
Bought by
Scherfenberg Jeffrey Allen
Purchase Details
Closed on
Aug 30, 2002
Sold by
Parker Shari L
Bought by
Scherfenberg Jeffrey A
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Gregor Luke | -- | Affinity Plus Title Company | |
Scherfenberg Jeffrey Allen | -- | None Available | |
Scherfenberg Jeffrey A | $138,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Gregor Luke | $140,000 | |
Closed | Scherfenberg Jeffrey | $117,400 |
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 | $2,238 | $208,600 | $57,300 | $151,300 |
2024 | $2,238 | $186,300 | $54,100 | $132,200 |
2023 | $1,736 | $186,300 | $54,100 | $132,200 |
2022 | $1,684 | $159,500 | $51,000 | $108,500 |
2021 | $1,734 | $147,400 | $41,400 | $106,000 |
2020 | $1,586 | $150,400 | $39,800 | $110,600 |
2019 | $1,388 | $141,900 | $35,000 | $106,900 |
2018 | $1,316 | $126,500 | $31,200 | $95,300 |
2017 | $1,316 | $119,000 | $28,300 | $90,700 |
2016 | $1,264 | $116,200 | $28,300 | $87,900 |
2015 | $1,204 | $110,600 | $22,700 | $87,900 |
2014 | -- | $110,500 | $22,700 | $87,800 |
Source: Public Records
Map
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