NOT LISTED FOR SALE

1116 1st Ave NE Faribault, MN 55021

Estimated Value: $183,000 - $209,000

3 Beds
1 Bath
1,438 Sq Ft
$133/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $112,000 $78 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,207/month

120 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage

About This Home

As of September 2014

3 bed/1bath with charm and move in ready-updated kitchen counters, hardwood floors, formal dining, large backyard. Upstairs bedrooms. A must see!

Last Agent to Sell the Property

Scott Nelson

Edina Realty, Inc. Listed on: 02/24/2014

Co-Listed By

Kathleen Swanson-Taylor

Edina Realty, Inc.

Last Buyer's Agent

Kim Berg

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 65x90

Home Design

  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Woodwork
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1830426185

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 0.13
  • Assessment Balance: 26
  • Construction: Previously Owned
  • Foundation Size: 784
  • Parcel Number: 1830426185
  • Projected Closed Date: 09/30/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 778
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11x16, On Level: Main
  • Room 2: Dining Room, 11x11, On Level: Main
  • Room 3: Family Room, 11x16, On Level: Lower
  • Room 4: Kitchen, 8x11, On Level: Main
  • Room 5: Bedroom, 10x11, On Level: Main
  • Room 6: Bedroom, 11x14, On Level: Upper
  • Room 7: 12x13, On Level: Upper
  • Room 9: Laundry Room, On Level: Basement
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1058
  • Below Grade Finished Sq Ft: 380
  • Total Fin Square Footage: 1438

Exterior Features

  • Exterior: Metal, Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

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

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 65x90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Sep 30, 2014
Sold by
Ernste Caron Amy Amy
Bought by
Wagner Donald Donald
Seller's Agent
Scott Nelson
Edina Realty, Inc.
Buyer's Agent
Kim Berg
Edina Realty, Inc.
List Price
$114,900
Sold Price
$112,000
Premium/Discount to List
-$2,900
-2.52%
Total Days on Market
120
Current Estimated Value
$191,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,727
Avg. Annual Appreciation
5.15%
Original Mortgage
$109,971
Outstanding Balance
$85,576
Interest Rate
4.2%
Estimated Equity
$106,151

Purchase Details

Closed on
May 30, 2003
Sold by
Schwen Jeffrey A and Schwen Gayle L
Bought by
Caron Randy M and Ernste Amy 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
Wagner Donald Donald $112,000 --
Caron Randy M $115,090 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Donald J $3,774
Open Wagner Donald J $6,221
Open Wagner Donald Donald $109,971
Closed Wagner Donald J $109,971
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $112,000 -2.5% $78 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $114,900 -- $80 / 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 $1,614 $163,900 $43,600 $120,300
2024 $1,614 $145,900 $33,400 $112,500
2023 $1,404 $145,900 $33,400 $112,500
2022 $1,284 $133,900 $32,100 $101,800
2021 $1,188 $118,600 $27,000 $91,600
2020 $1,072 $111,400 $27,000 $84,400
2019 $938 $104,500 $25,700 $78,800
2018 $892 $94,300 $23,100 $71,200
2017 $820 $89,500 $23,100 $66,400
2016 $812 $82,800 $20,500 $62,300
2015 $862 $80,700 $20,500 $60,200
2014 -- $86,700 $25,700 $61,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Scott Nelson

    Edina Realty, Inc.

  • K

    Seller Co-Listing Agent in 2014

    Kathleen Swanson-Taylor

    Edina Realty, Inc.

  • K

    Buyer's Agent in 2014

    Kim Berg

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4581990

REALTOR® Association of Southern Minnesota

APN: 18.30.4.26.185

Minnesota Rice County Faribault 55021

1116 1st Ave NE, Faribault, MN

This home is located at 1116 1st Ave NE, Faribault, MN 55021 since 24 February 2014 and is currently estimated at $191,727, approximately $133 per square foot. This property was built in 1955. 1116 1st Ave NE is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

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