NOT LISTED FOR SALE

1218 1st Ave NW Faribault, MN 55021

Estimated Value: $311,000 - $366,000

6 Beds
6 Baths
2,568 Sq Ft
$130/Sq Ft Est. Value

Last Sold January 09, 2014

Last sale price $92,000 $36 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $2,207/month

28 Days on Market

Highlights

  • 2 Car Detached Garage
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of January 2014

Duplex w/ great potential. Each unit has 3 bedrooms & a patio out back. Home has a spacious detached 2 car garage & sits on a nice sized lot. Buyer & buyer's agent to verify all info.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 12/11/2013

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Trevor Bauer

Edina Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Asphalt Shingled Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • Partial Basement

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Side by Side
  • Assessments: Unknown
  • Construction: Previously Owned
  • Projected Closed Date: 01/09/2014
  • Taxes With Assessments: 3354
  • Estimated Number of Acres: 0.25
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2568
  • Total Fin Square Footage: 2568

Exterior Features

  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Number Garage Spaces: 2

Utilities

  • Heat: Forced Air

Condo/Co-op/Association

  • Shared: Patio

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x165

Building Info

  • Year Built: 1900

Multi Family

  • Total Units Available: 2

Tax Info

  • Year: 2013
  • Tax Value: 2573

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2024
Sold by
Schonhoff Jeffrey and Schonhoff Dawn
Bought by
Joint Effort Llc
Current Estimated Value
$334,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$95,588
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$236,830

Purchase Details

Closed on
Mar 28, 2022
Sold by
Schonhoff Jeffrey A
Bought by
Joint Effort Llc

Purchase Details

Closed on
Sep 16, 2020
Sold by
Kleeberger Donald J and Kleeberger Cheryl E
Bought by
Schonhoff Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,875
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Joint Effort Llc $500 None Listed On Document
Joint Effort Llc $3,000 None Listed On Document
Schonhoff Jeffrey $242,500 Minnesota Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joint Effort Llc $225,000
Previous Owner Schonhoff Jeffrey $131,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2014 01/09/14 Sold $92,000 +11.5% $36 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $82,500 -- $32 / 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 $4,470 $311,200 $58,300 $252,900
2024 $4,470 $286,400 $44,600 $241,800
2023 $3,842 $286,400 $44,600 $241,800
2022 $3,680 $261,000 $42,900 $218,100
2021 $3,430 $232,500 $36,000 $196,500
2020 $3,184 $214,700 $36,000 $178,700
2019 $2,312 $203,200 $34,300 $168,900
2018 $2,268 $175,500 $30,900 $144,600
2017 $2,176 $167,400 $30,900 $136,500
2016 $2,158 $155,100 $27,500 $127,600
2015 $2,146 $150,700 $27,500 $123,200
2014 -- $157,500 $34,300 $123,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jesse Graber

    Edina Realty, Inc.

  • D

    Seller Co-Listing Agent in 2014

    Debbie Graber

    Edina Realty, Inc.

  • T

    Buyer's Agent in 2014

    Trevor Bauer

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4564734

REALTOR® Association of Southern Minnesota

APN: 18.30.4.26.125

Minnesota Rice County Faribault 55021

1218 1st Ave NW, Faribault, MN

This home is located at 1218 1st Ave NW, Faribault, MN 55021 since 11 December 2013 and is currently estimated at $334,956, approximately $130 per square foot. This property was built in 1900. 1218 1st Ave NW is a home located in Rice County with nearby schools including Lincoln 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.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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