1137 7th Ave SW Faribault, MN 55021
Estimated Value: $256,554 - $266,000
3
Beds
2
Baths
1,040
Sq Ft
$251/Sq Ft
Est. Value
About This Home
This home is located at 1137 7th Ave SW, Faribault, MN 55021 and is currently estimated at $261,139, approximately $251 per square foot. 1137 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
Feb 14, 2020
Sold by
Frederick Earl F
Bought by
Zylstra Reece A
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
$175,750
Outstanding Balance
$155,968
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$105,171
Purchase Details
Closed on
Aug 31, 2006
Sold by
Wells Fargo Bank Na
Bought by
Frederick Earl F
Purchase Details
Closed on
Jan 29, 2003
Sold by
Bestul Tim J and Bestul Janice E
Bought by
Garvey Jack
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zylstra Reece A | $185,000 | Title Llc | |
| Frederick Earl F | $130,000 | -- | |
| Garvey Jack | $142,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zylstra Reece A | $175,750 |
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 | $2,694 | $243,700 | $83,600 | $160,100 |
| 2024 | $2,694 | $218,800 | $78,900 | $139,900 |
| 2023 | $2,500 | $218,800 | $78,900 | $139,900 |
| 2022 | $2,318 | $203,800 | $74,300 | $129,500 |
| 2021 | $1,936 | $176,100 | $60,400 | $115,700 |
| 2020 | $1,740 | $164,800 | $58,000 | $106,800 |
| 2019 | $1,600 | $153,100 | $51,100 | $102,000 |
| 2018 | $1,490 | $141,600 | $55,500 | $86,100 |
| 2017 | $1,506 | $131,200 | $50,500 | $80,700 |
| 2016 | $1,184 | $128,900 | $50,500 | $78,400 |
| 2015 | $1,128 | $105,200 | $40,400 | $64,800 |
| 2014 | -- | $105,200 | $40,400 | $64,800 |
Source: Public Records
Map
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