NOT LISTED FOR SALE

1130 Ivy Way Faribault, MN 55021

Estimated Value: $415,000 - $447,000

4 Beds
3 Baths
2,346 Sq Ft
$182/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $399,900 $170 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,729/month

7 Days on Market

Highlights

  • Deck
  • No HOA
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of May 2024

Welcome home to a gorgeous, better-than-new home in highly-regarded Meadows community-3rd Addition! Excellent neighborhood near the Legacy golf course, city park and Shattuck-St. Mary's. Easy 35 minute drive to south metro. No association means no monthly dues; plus freedom to enjoy the home as you please. Fine aesthetics of this dwelling are due to right symmetry, good proportion, sustainable materials and a verdant color palette. It boasts a winsome curb appeal and the yard has inground sprinklers. Open main level is flooded with natural light by day. Airy and spacious kitchen, living and dining spaces are ideal for get-togethers. Sensible, low maintenance flooring & nice window treatments throughout. Functional kitchen features stone countertops, island & sleek stainless steel appliances. Composite deck w/ stairs to a backyard is ready for summer bbqs. Abundant space in the lower level inc a family room, 2 bedrooms, bath & laundry. Location, value & updated? Check, check, check!

Last Agent to Sell the Property

Elisa Eesley

Fathom Realty MN, LLC Listed on: 04/15/2024

Fathom Realty MN, LLC

Last Buyer's Agent

Diane May

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,260

Year Built

  • Built in 2021

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81.5x135

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Bi-Level Home
  • Unfinished Walls
  • Pitched Roof

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Cooktop<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Finished Basement

  • Drainage System
  • Sump Pump
  • Crawl Space
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Hot Water Heating System
  • Underground Utilities
  • 150 Amp Service
  • High Speed Internet

Additional Features

  • Deck
  • Sod Farm

Community Details

  • No Home Owners Association
  • Meadows 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1820452035

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,260

Year Built

Built in 2021

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2021
  • Above Grade Finished Sq Ft: 1346
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Daylight/Lookout Windows, Drainage System, Finished, Storage Space, Sump Pump
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2346
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Informal Dining Room, Bedroom 1, Bedroom 2, Family Room, Bedroom 3, Bedroom 4, Laundry, Unfinished, Deck, Foyer, Walk In Closet

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Other,Concrete,Frame,Stone
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Covered, Asphalt, Garage Door Opener, Parking Garage
  • Garage Square Feet: 112
  • ParkingOpen: 2
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, Fuses, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 81.5x135
  • Lot Size Sq Ft: 11020.68
  • Land Lease: No
  • Lot Features: Sod Included in Price, Some Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Other, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1820452035
  • Tax Annual Amount: 4260
  • TaxWithAssessments: 4260.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
May 21, 2024
Sold by
Zarate Orlando
Bought by
Rock Emily and Rock Christopher
Seller's Agent
Elisa Eesley
Fathom Realty MN, LLC
Buyer's Agent
Diane May
Edina Realty, Inc.
List Price
$399,900
Sold Price
$399,900
Views
52
Current Estimated Value
$427,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,216
Avg. Annual Appreciation
6.22%
Original Mortgage
$379,905
Outstanding Balance
$376,253
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$52,396

Purchase Details

Closed on
Jun 29, 2021
Sold by
Mra Holdings Llc
Bought by
Zarate Orlando V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,464
Interest Rate
2.7%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Rock Emily $399,900 --
Zarate Orlando V $38,500 Bankers Ttl & Bankers Closin
Zarate Orlando Orlando $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Emily $379,905
Previous Owner Zarate Orlando V $316,426
Previous Owner Zarate Orlando V $266,464
Closed Zarate Orlando Orlando $26,769
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $399,900 0.0% $170 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $399,900 -- $170 / 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 $4,446 $383,400 $71,200 $312,200
2024 $4,446 $362,500 $63,200 $299,300
2023 $4,032 $362,500 $63,200 $299,300
2022 $484 $330,800 $61,300 $269,500
2021 $142 $40,000 $40,000 $0
2020 $80 $23,700 $23,700 $0
2019 $32 $22,800 $22,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6519111

NorthstarMLS

APN: 18.20.4.52.035