NOT LISTED FOR SALE

1224 7th St NW Faribault, MN 55021

Estimated Value: $240,489 - $265,000

3 Beds
1 Bath
1,189 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $75,075 $63 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,527/month

136 Days on Market

Highlights

  • 2 Car Detached Garage
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Patio
  • Bathroom on Main Level

About This Home

As of October 2014

Cute 1.5 story home. The dining room on the main level walks out to the patio. Home has extra large detached 2 car garage. Home has fresh paint, new flooring & appliances.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 06/06/2014

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Hailey Harn

GH Mgmt Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1825476020

Home Details

Home Type

Single Family

Est. Annual Taxes

$840

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 584
  • Parcel Number: 1825476020
  • Projected Closed Date: 10/21/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 866
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x12, On Level: Main
  • Room 4: Kitchen, 14x13, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Upper
  • Room 7: 13x12, On Level: Upper
  • Room 9: Other, 12x11, On Level: Upper
  • Room 10: Den/Office, 10x10, On Level: Main
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1189
  • Total Fin Square Footage: 1189

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x165
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2014
  • Tax Value: 840

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2018
Sold by
Kgn Enterprises Llc
Bought by
Welander Ryan
Current Estimated Value
$252,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,938
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 6, 2014
Closed on
Oct 6, 2014
Seller's Agent
Jesse Graber
Edina Realty, Inc.
Buyer's Agent
Hailey Harn
GH Mgmt Co
List Price
$122,888
Sold Price
$75,075
Premium/Discount to List
-$47,813
-38.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Deutsche Bank National Trust Co
Bought by
Klemensen Jon and Klemensen Michelle L

Purchase Details

Closed on
Oct 16, 2003
Sold by
Brady Michael E and Brady Cari Jo
Bought by
Halverson Travis and Halverson Heather Mcclung
Source: Public Records

Range of Values:

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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
Welander Ryan $169,000 None Available
-- $75,100 --
Klemensen Jon $117,000 --
Halverson Travis $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welander Ryan $165,938
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $75,075 -38.9% $63 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $122,888 -- $103 / 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 $2,250 $219,800 $49,800 $170,000
2024 $2,250 $202,900 $48,000 $154,900
2023 $2,052 $202,900 $48,000 $154,900
2022 $1,800 $183,900 $46,300 $137,600
2021 $1,674 $155,600 $39,500 $116,100
2020 $1,522 $146,200 $37,800 $108,400
2019 $1,358 $137,200 $30,900 $106,300
2018 $1,444 $124,300 $30,900 $93,400
2017 $1,334 $117,200 $27,500 $89,700
2016 $1,242 $94,000 $27,500 $66,500
2015 $1,186 $85,600 $20,600 $65,000
2014 -- $85,700 $20,600 $65,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4630637

REALTOR® Association of Southern Minnesota

APN: 18.25.4.76.020