NOT LISTED FOR SALE

119 3rd Ave NW Faribault, MN 55021

Estimated Value: $293,790 - $359,000

6 Beds
2 Baths
2,352 Sq Ft
$139/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $130,000 $55 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,088/month

61 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to North Alexander Park
  • Landscaped with Trees
  • Wood Siding

About This Home

As of September 2012

Charming well maintained duplex located near historic downtown Faribault. Enjoy the financial ease with renter taking care of your payment. huge living room w/beautiful kitchen and DR. One unit has deck off the dining room. $5,000 ext. paint allowance.

Last Agent to Sell the Property

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 05/08/2012

Weichert, REALTORS- Heartland

Last Buyer's Agent

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 05/08/2012

Weichert, REALTORS- Heartland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1931

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 121x58.5
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Range

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 1831126449

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,814

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 1831126449
  • Stories: 2 Story
  • Estimated Number of Acres: 0.16
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2352
  • Total Fin Square Footage: 2352

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 121x58.5

Building Info

  • Year Built: 1931

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2012
  • Tax Value: 1814

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Kodet Laurie E
Bought by
Ph Investments Llc
Current Estimated Value
$326,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,500
Outstanding Balance
$114,134
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$212,814
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ph Investments Llc $310,000 Edina Realty Title Inc
-- $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ph Investments Llc $263,500
Closed -- $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $130,000 -3.6% $55 / Sq Ft
07/08/2012 07/08/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $134,900 -- $57 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,552 $322,400 $44,900 $277,500
2024 $4,552 $284,100 $42,200 $241,900
2023 $3,936 $284,100 $42,200 $241,900
2022 $2,458 $267,400 $42,200 $225,200
2021 $2,190 $203,000 $34,000 $169,000
2020 $2,070 $183,000 $32,600 $150,400
2019 $1,812 $177,100 $32,600 $144,500
2018 $1,766 $156,800 $29,900 $126,900
2017 $1,762 $138,500 $27,200 $111,300
2016 $1,662 $134,100 $27,200 $106,900
2015 $1,560 $124,400 $21,800 $102,600
2014 -- $121,600 $27,200 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3591318

REALTOR® Association of Southern Minnesota

APN: 18.31.1.26.449