118 2nd Ave NW Faribault, MN 55021
Estimated payment $953/month
Highlights
- No HOA
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- The kitchen features windows
- 1-Story Property
- 1-minute walk to North Alexander Park
About This Home
Delightful, sun-filled and move-in ready! This adorable one-story home offers the perfect blend of comfort, updates, and convenience. Step inside to a bright and spacious living and dining area featuring hardwood floors and a classic bay window that fills the space with natural light and offers gentle, direct morning sun and is ideal for plants that prefer bright, indirect light. The kitchen comes fully equipped with a gas range, microwave, refrigerator, and dishwasher — everything you need from day one. The versatile main-level den makes an ideal home office or cozy family room. Downstairs, you’ll find an additional bedroom, a convenient half bath with laundry, and a walkout lower level leading directly to the attached garage — perfect for easy access year-round. Major updates mean peace of mind for years to come: maintenance-free siding, a brand-new roof (2025), plus a newer furnace and water heater. All the big exterior and mechanical work has been done! Outside, enjoy a manageable yard shaded by beautiful mature trees — just enough space to relax and entertain without the upkeep. Located close to grocery stores, shopping, restaurants, and nightlife, this home offers both comfort and convenience. Affordable and full of charm — this one won’t last long. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,562
Year Built
- Built in 1942
Lot Details
- Lot Dimensions are 65 x 70
- Few Trees
Parking
- 1 Car Attached Garage
Interior Spaces
- 1-Story Property
Kitchen
- Range
- Microwave
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
- Laundry in Basement
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Gas Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
- City/Faribault Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831126455
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,602 | $135,400 | $35,900 | $99,500 |
| 2024 | $1,618 | $135,600 | $33,800 | $101,800 |
| 2023 | $1,598 | $135,600 | $33,800 | $101,800 |
| 2022 | $1,468 | $129,200 | $33,800 | $95,400 |
| 2021 | $1,356 | $110,400 | $27,200 | $83,200 |
| 2020 | $1,308 | $101,100 | $26,100 | $75,000 |
| 2019 | $1,220 | $99,300 | $26,100 | $73,200 |
| 2018 | $1,100 | $91,200 | $24,000 | $67,200 |
| 2017 | $1,092 | $79,700 | $21,800 | $57,900 |
| 2016 | $1,052 | $76,400 | $21,800 | $54,600 |
| 2015 | $1,040 | $72,000 | $17,400 | $54,600 |
| 2014 | -- | $74,800 | $21,800 | $53,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | Pending | -- | -- | -- |
| 02/23/2026 02/23/26 | For Sale | $160,000 | -- | $158 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $552,000 | First Financial Title |
About the Listing Agent
Kathy has been a licensed Realtor for 4 years. Kathy has 25 years of experience as a real estate paralegal, and prior to that worked in the banking industry. Kathy is a life long resident of Rice County. She is passionate about real estate. Her knowledge of the area provides a huge benefit to her clients. She would love to work with you and help you transition into the next chapter of your life!
Kathy's Other Listings
Source: NorthstarMLS
MLS Number: 7025089
APN: 18.31.1.26.455
Ask me questions while you tour the home.