116 3rd Ave SW Faribault, MN 55021
Estimated Value: $229,023 - $239,000
4
Beds
2
Baths
1,188
Sq Ft
$199/Sq Ft
Est. Value
About This Home
This home is located at 116 3rd Ave SW, Faribault, MN 55021 and is currently estimated at $236,006, approximately $198 per square foot. 116 3rd Ave SW 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
Oct 23, 2020
Sold by
Reineke Holdings Llc
Bought by
Cruz Sergio 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
$180,707
Outstanding Balance
$162,264
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$71,119
Purchase Details
Closed on
Oct 3, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reineke Holdings Llc
Purchase Details
Closed on
Aug 27, 2019
Sold by
Peterson Sharon K
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Jul 24, 1997
Sold by
Peglow Edward W
Bought by
Peterson Sharon K
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 |
---|---|---|---|
Cruz Sergio L | $178,900 | Northstar Title Group Llc | |
Reineke Holdings Llc | $64,039 | Radian Settlement Svcs Inc | |
Wells Fargo Bank Na | -- | None Available | |
Peterson Sharon K | $75,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Cruz Sergio L | $180,707 | |
Closed | Peterson Sharon K | -- |
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 | $2,200 | $212,900 | $61,800 | $151,100 |
2024 | $2,200 | $196,900 | $58,000 | $138,900 |
2023 | $2,114 | $196,900 | $58,000 | $138,900 |
2022 | $1,876 | $188,700 | $58,000 | $130,700 |
2021 | $1,442 | $161,100 | $46,800 | $114,300 |
2020 | $1,372 | $129,600 | $44,900 | $84,700 |
2019 | $1,240 | $126,300 | $44,900 | $81,400 |
2018 | $1,116 | $115,900 | $41,200 | $74,700 |
2017 | $1,112 | $105,200 | $37,400 | $67,800 |
2016 | $1,028 | $102,400 | $37,400 | $65,000 |
2015 | $1,044 | $95,000 | $30,000 | $65,000 |
2014 | -- | $99,300 | $37,400 | $61,900 |
Source: Public Records
Map
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