1118 7th Ave SW Faribault, MN 55021
Estimated Value: $197,000 - $262,000
3
Beds
2
Baths
1,370
Sq Ft
$175/Sq Ft
Est. Value
About This Home
This home is located at 1118 7th Ave SW, Faribault, MN 55021 and is currently estimated at $239,150, approximately $174 per square foot. 1118 7th 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 29, 2021
Sold by
Piller Properties Llc
Bought by
Watkins Jorden M and Watkins Jessica L
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
$232,323
Outstanding Balance
$212,616
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$16,094
Purchase Details
Closed on
Mar 1, 2021
Sold by
Rutherford James R and Rutherford James
Bought by
Piller Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 24, 2011
Sold by
Fannie Mae
Bought by
Walber Kirk
Purchase Details
Closed on
Jan 31, 2002
Sold by
Thomas Alan J
Bought by
Kling Cindy E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Watkins Jorden M | $230,000 | Northstar Title Group Lc | |
Piller Properties Llc | $60,000 | Northstar Title Group Llc | |
Walber Kirk | $39,375 | -- | |
Kling Cindy E | $107,500 | -- | |
Rutherford James James | $50,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Watkins Jorden M | $232,323 | |
Previous Owner | Piller Properties Llc | $60,000 | |
Closed | Rutherford James R | -- |
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 | $2,764 | $249,600 | $83,600 | $166,000 |
2024 | $2,764 | $224,400 | $78,900 | $145,500 |
2023 | $2,314 | $224,400 | $78,900 | $145,500 |
2022 | $1,202 | $204,200 | $74,300 | $129,900 |
2021 | $1,232 | $112,600 | $60,400 | $52,200 |
2020 | $932 | $91,600 | $58,000 | $33,600 |
Source: Public Records
Map
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