112 2nd Ave NW Faribault, MN 55021
Estimated Value: $274,375 - $310,000
3
Beds
2
Baths
1,779
Sq Ft
$163/Sq Ft
Est. Value
About This Home
This home is located at 112 2nd Ave NW, Faribault, MN 55021 and is currently estimated at $289,344, approximately $162 per square foot. 112 2nd Ave NW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2017
Sold by
Grand Property Management Inc
Bought by
Schaefer Angella 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
$159,750
Outstanding Balance
$79,716
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$209,628
Purchase Details
Closed on
Apr 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Not Provided
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 29, 2004
Sold by
Bartness Carl
Bought by
Smits Henry and Eikel Tawn
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaefer Angella L | $177,500 | Attorney | |
| Not Provided | $123,900 | -- | |
| Smits Henry | $239,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schaefer Angella L | $159,750 | |
| Previous Owner | Not Provided | $112,000 |
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 | $2,916 | $270,100 | $58,500 | $211,600 |
| 2024 | $2,916 | $265,500 | $54,900 | $210,600 |
| 2023 | $3,060 | $265,500 | $54,900 | $210,600 |
| 2022 | $2,708 | $261,700 | $54,900 | $206,800 |
| 2021 | $2,550 | $221,000 | $44,300 | $176,700 |
| 2020 | $2,416 | $208,700 | $42,500 | $166,200 |
| 2019 | $2,214 | $202,300 | $42,500 | $159,800 |
| 2018 | $1,844 | $185,700 | $39,000 | $146,700 |
| 2017 | $2,738 | $155,800 | $35,400 | $120,400 |
| 2016 | $2,708 | $152,600 | $35,400 | $117,200 |
| 2015 | $3,742 | $228,200 | $28,300 | $199,900 |
| 2014 | -- | $228,500 | $35,400 | $193,100 |
Source: Public Records
Map
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