NOT LISTED FOR SALE

111 5th Ave NE Faribault, MN 55021

Estimated Value: $227,000 - $311,000

3 Beds
1 Bath
1,498 Sq Ft
$172/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $102,000 $68 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,640/month

97 Days on Market

Highlights

  • Formal Dining Room
  • Bathroom on Main Level
  • Gas Fireplace
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of April 2014

3 bedroom 1 bath home with main floor laundry. Larger upper bedroom. Close to bike trails and down town. Call today

Last Agent to Sell the Property

Scott Nelson

Edina Realty, Inc. Listed on: 12/23/2013

Last Buyer's Agent

Larry Cronin

The Realty House

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,546

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82x134
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,498 Sq Ft Home
  • Gas Fireplace
  • Formal Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1832252063

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,546

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.25
  • Construction: Previously Owned
  • Foundation Size: 1110
  • Parcel Number: 1832252063
  • Projected Closed Date: 05/15/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1572
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 21x14, On Level: Main
  • Room 2: Dining Room, 13x10, On Level: Main
  • Room 4: Kitchen, 12x9, On Level: Main
  • Room 5: Bedroom, 13x13, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Room 7: 34x10, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1498
  • Total Fin Square Footage: 1498

Exterior Features

  • Frontage Road: City
  • Exterior: Vinyl
  • 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: 82x134
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2013
  • Tax Value: 1546

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2018
Sold by
Powers Richard and Powers Teresa
Bought by
Powers Daniel T
Total Days on Market
97
Current Estimated Value
$258,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2013
Closed on
Apr 10, 2014
Sold by
Wells Fargo Bank
Bought by
Bauers Richard and Bauers Teresa
Seller's Agent
Scott Nelson
Edina Realty, Inc.
Buyer's Agent
Larry Cronin
The Realty House
List Price
$112,000
Sold Price
$102,000
Premium/Discount to List
-$10,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$81,600
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2003
Sold by
Tonjum Richard D and Tonjum Mary B
Bought by
Tripp Eugene R and Tripp Darlene A

Purchase Details

Closed on
Dec 31, 2002
Sold by
Boatright Douglas J
Bought by
Tojum Richard D and Tojum Mary B
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
Powers Daniel T $130,000 Sellers Title
Bauers Richard $102,000 --
Tripp Eugene R $138,900 --
Tojum Richard D $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Daniel T $108,000
Closed Powers Daniel T $104,000
Previous Owner Powers Richard $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2014 04/29/14 Sold $102,000 -8.9% $68 / Sq Ft
03/30/2014 03/30/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $112,000 -- $75 / 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 $2,480 $233,000 $64,000 $169,000
2024 $2,480 $206,200 $58,000 $148,200
2023 $2,164 $206,200 $58,000 $148,200
2022 $1,970 $192,500 $58,000 $134,500
2021 $1,782 $167,900 $46,000 $121,900
2020 $1,688 $153,900 $46,000 $107,900
2019 $1,488 $149,400 $42,000 $107,400
2018 $1,382 $133,600 $35,000 $98,600
2017 $1,294 $123,700 $33,100 $90,600
2016 $1,282 $114,700 $29,400 $85,300
2015 $1,236 $111,700 $29,400 $82,300
2014 -- $112,700 $33,100 $79,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4566506

REALTOR® Association of Southern Minnesota

APN: 18.32.2.52.063