NOT LISTED FOR SALE

1121 7th St NW Faribault, MN 55021

Estimated Value: $166,000 - $187,000

2 Beds
1 Bath
672 Sq Ft
$264/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $159,000 $237 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,054/month

21 Days on Market

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Patio
  • 1-Story Property

About This Home

As of October 2023

Step into the enchanting world of this 2 bedroom, 1 bathroom home that seamlessly blends timeless charm with modern comfort. Nestled in a cozy neighborhood this residence boasts a captivating large fenced-in backyard, making it the perfect haven for those who value both indoor and outdoor living. Only moments away from local parks, shopping districts, cafes, and schools. Commuters will appreciate the easy access to transportation routes. Schedule your private showing today as this one will not last!

Last Agent to Sell the Property

Lacie Nelson

eXp Realty Listed on: 08/23/2023

eXp Realty

Last Buyer's Agent

Evan Knutson

Weichert, REALTORS- Heartland

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1900

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66.2x170

Home Design

  • Shake Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Auditors 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1836100008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 672
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 672
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Patio
  • SqFtTotal: 672.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Parking Features: Concrete
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66.2x170
  • Lot Size Sq Ft: 11238.48
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Shake Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1836100008
  • Tax Annual Amount: 1346
  • TaxWithAssessments: 1346.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Oct 6, 2023
Sold by
Good Guy Props Llc
Bought by
Lawrence Kaitlyn
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Evan Knutson
Weichert, REALTORS- Heartland
List Price
$164,900
Sold Price
$159,000
Premium/Discount to List
-$5,900
-3.58%
Views
132
Current Estimated Value
$177,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,564
Avg. Annual Appreciation
4.44%
Original Mortgage
$159,000
Outstanding Balance
$156,640
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$16,714

Purchase Details

Closed on
Jan 24, 2019
Sold by
Gramse Russell M and Gramse Karmin A
Bought by
Good Guy Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 20, 2015
Sold by
Jensen Connie Connie
Bought by
Baynes Jeremy Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
3.97%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Lawrence Kaitlyn $159,000 --
Good Guy Props Llc -- None Available
Baynes Jeremy Jeremy $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Kaitlyn $159,000
Previous Owner Good Guy Props Llc $208,000
Previous Owner Baynes Jeremy Jeremy $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $159,000 -3.6% $237 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $164,900 -- $245 / Sq Ft
Source: NorthstarMLS

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 $1,360 $146,200 $49,900 $96,300
2024 $1,360 $115,800 $48,200 $67,600
2023 $1,482 $115,800 $48,200 $67,600
2022 $1,346 $119,500 $46,500 $73,000
2021 $1,220 $101,000 $39,600 $61,400
2020 $1,078 $90,700 $37,900 $52,800
2019 $1,024 $81,400 $31,000 $50,400
2018 $980 $76,000 $31,000 $45,000
2017 $966 $70,700 $27,500 $43,200
2016 $620 $67,300 $27,500 $39,800
2015 $738 $62,900 $20,700 $42,200
2014 -- $62,900 $20,700 $42,200
Source: Public Records

Agents Affiliated with this Home

  • Lacie Nelson

    Seller's Agent in 2023

    Lacie Nelson

    eXp Realty

    (952) 873-9333

    51 in this area

    223 Total Sales

    Lacie Nelson
    Section Image
  • Evan Knutson

    Buyer's Agent in 2023

    Evan Knutson

    Weichert, REALTORS- Heartland

    (507) 210-9140

    96 in this area

    254 Total Sales

    Evan Knutson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6421695

NorthstarMLS

APN: 18.36.1.00.008

Minnesota Rice County Faribault 55021

1121 7th St NW, Faribault, MN

This home is located at 1121 7th St NW, Faribault, MN 55021 since 23 August 2023 and is currently estimated at $177,564, approximately $264 per square foot. This property was built in 1900. 1121 7th St NW 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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