NOT LISTED FOR SALE

118 1st Ave SW Faribault, MN 55021

Estimated Value: $189,000 - $251,000

3 Beds
2 Baths
1,075 Sq Ft
$207/Sq Ft Est. Value

About This Home

This home is located at 118 1st Ave SW, Faribault, MN 55021 and is currently estimated at $222,312, approximately $206 per square foot. 118 1st 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
Jan 23, 2025
Sold by
Hutton Ka and Vang Ka
Bought by
Vang Ka
Current Estimated Value
$222,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,244
Outstanding Balance
$199,734
Interest Rate
6.85%
Mortgage Type
FHA
Estimated Equity
$28,319

Purchase Details

Closed on
Nov 7, 2022
Sold by
Hutton Ka and Hutton Cory L
Bought by
Hutton Ka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2021
Sold by
Hutton Cory L and Hutton Ka
Bought by
Hutton Cory L and Hutton Ka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2018
Sold by
Herda Donna J and Herda Michael F
Bought by
Hutton Cory L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Kratt Michael J and Kratt Darlene J
Bought by
Herda Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vang Ka $500 Servicelink
Hutton Ka $3,000 --
Hutton Cory L -- Wanta Clear Title Llc
Hutton Cory L $157,000 Knight Barry Title United Ll
Herda Michael F $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vang Ka $200,244
Previous Owner Hutton Ka $157,000
Previous Owner Hutton Cory L $152,000
Previous Owner Hutton Cory L $152,900
Previous Owner Herda Michael F $117,000
Source: Public Records

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 $1,968 $195,800 $56,600 $139,200
2024 $1,968 $184,100 $53,200 $130,900
2023 $1,944 $184,100 $53,200 $130,900
2022 $1,744 $175,500 $53,200 $122,300
2021 $1,616 $151,700 $42,900 $108,800
2020 $1,552 $142,000 $41,200 $100,800
2019 $1,400 $139,500 $41,200 $98,300
2018 $1,212 $127,400 $37,800 $89,600
2017 $1,166 $111,800 $34,300 $77,500
2016 $1,110 $106,100 $34,300 $71,800
2015 $1,028 $100,400 $27,500 $72,900
2014 -- $98,200 $27,500 $70,700
Source: Public Records

Map

Minnesota Rice County Faribault 55021

118 1st Ave SW, Faribault, MN

This home is located at 118 1st Ave SW, Faribault, MN 55021 and is currently estimated at $222,312, approximately $206 per square foot. 118 1st Ave SW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes