NOT LISTED FOR SALE

1229 1st Ave NE Faribault, MN 55021

Estimated Value: $213,000 - $241,000

3 Beds
2 Baths
1,450 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $189,700 $131 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,451/month

2 Days on Market

Highlights

  • Corner Lot
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Wood Fence

About This Home

As of August 2021

Great opportunity for this 3 bedroom, 3 bath, 2 car home. Home futures new windows, new AC unit with newer furnace all new appliances, new kitchen and bath and repainted throughout with all new flooring. Plus you have a 2 car garage and extra deep lot won't last long!

Last Listed By

Scott Nelson

Edina Realty, Inc. Listed on: 07/16/2021

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,386

Year Built

  • Built in 1930

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Wood Fence
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Town/North Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1830426073

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,386

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1150
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 20x30
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1450
  • Fireplace: No
  • Below Grade Finished Sq Ft: 300
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1150.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Wood
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 480

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x132
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1830426073
  • Tax Annual Amount: 1386
  • TaxWithAssessments: 1828.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 20, 2021
Sold by
Nelson Scott A and Ming Lin
Bought by
Seelhammer Sandra L
Seller's Agent
Scott Nelson
Edina Realty, Inc.
Buyer's Agent
Suzanne Terry
Edina Realty, Inc.
List Price
$179,000
Sold Price
$189,700
Premium/Discount to List
$10,700
5.98%
Total Days on Market
2
Current Estimated Value
$222,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,940
Avg. Annual Appreciation
5.03%
Original Mortgage
$191,616
Outstanding Balance
$175,869
Interest Rate
2.8%
Mortgage Type
USDA
Estimated Equity
$51,842

Purchase Details

Closed on
Jun 7, 2021
Sold by
Luo Jian X and Chen Rui Ying
Bought by
Nelson Scott A

Purchase Details

Closed on
Jan 14, 2020
Sold by
Luo Dequan and Qiu Lanai
Bought by
Luo Jian X

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 17, 2018
Sold by
Jp Morgan Mortgae Acquistion Corp
Bought by
Luo Deuan
Seller's Agent
Scott Reineke
RE/MAX Experts
List Price
$81,000
Sold Price
$80,500
Premium/Discount to List
-$500
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.60%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Miller William G
Bought by
Jp Morgan Mortgage Acquisition Corp

Purchase Details

Closed on
Aug 27, 2004
Sold by
Keilen Kathryn
Bought by
Miller William G

Range of Values:

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Average Value
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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
Seelhammer Sandra L $189,700 Edina Realty Title Inc
Nelson Scott A $100,000 None Available
Luo Jian X -- None Available
Luo Deuan $80,500 None Available
Jp Morgan Mortgage Acquisition Corp $72,000 None Available
Miller William G $128,000 --
Seelhammer Sandra Sandra $189,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seelhammer Sandra L $191,616
Closed Seelhammer Sandra Sandra $188,374
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $189,700 +6.0% $131 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $179,000 -5.6% $123 / Sq Ft
07/16/2021 07/16/21 Off Market $189,700 -- --
07/31/2018 07/31/18 Sold $80,500 -0.6% $67 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $81,000 -- $68 / Sq Ft
Source: NorthstarMLS

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 $2,598 $213,900 $53,900 $160,000
2024 $2,598 $192,900 $41,200 $151,700
2023 $2,338 $192,900 $41,200 $151,700
2022 $1,546 $177,000 $39,600 $137,400
2021 $1,828 $109,500 $33,300 $76,200
2020 $1,684 $106,600 $33,300 $73,300
2019 $1,564 $96,300 $31,700 $64,600
2018 $1,726 $84,700 $28,500 $56,200
2017 $1,500 $80,200 $28,500 $51,700
2016 $1,168 $73,200 $25,300 $47,900
2015 $1,220 $71,600 $25,300 $46,300
2014 -- $76,000 $31,700 $44,300
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6026751

NorthstarMLS

APN: 18.30.4.26.073