1208 Spring Rd Faribault, MN 55021
Estimated Value: $251,000 - $286,000
2
Beds
2
Baths
1,120
Sq Ft
$237/Sq Ft
Est. Value
About This Home
This home is located at 1208 Spring Rd, Faribault, MN 55021 and is currently estimated at $265,563, approximately $237 per square foot. 1208 Spring Rd 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
Jun 27, 2019
Sold by
Mcdermott Michael P
Bought by
Jacobson Jamie M
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
$112,917
Outstanding Balance
$99,288
Interest Rate
4%
Mortgage Type
FHA
Estimated Equity
$166,275
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jacobson Jamie M | $115,000 | Edina Realty Title Inc | |
| Mcdermott Michael P | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jacobson Jamie M | $112,917 |
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 | $2,592 | $239,600 | $62,900 | $176,700 |
| 2024 | $2,592 | $223,700 | $57,500 | $166,200 |
| 2023 | $2,414 | $223,700 | $57,500 | $166,200 |
| 2022 | $2,134 | $211,800 | $57,500 | $154,300 |
| 2021 | $1,956 | $179,700 | $46,700 | $133,000 |
| 2020 | $1,812 | $166,300 | $41,300 | $125,000 |
| 2019 | $1,688 | $158,300 | $39,100 | $119,200 |
| 2018 | $1,824 | $147,900 | $35,500 | $112,400 |
| 2017 | $1,776 | $133,000 | $33,800 | $99,200 |
| 2016 | $1,790 | $125,400 | $32,000 | $93,400 |
| 2015 | $1,736 | $123,100 | $32,000 | $91,100 |
| 2014 | -- | $123,100 | $32,000 | $91,100 |
Source: Public Records
Map
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