NOT LISTED FOR SALE

1230 1st Ave NE Faribault, MN 55021

Estimated Value: $170,000 - $211,000

2 Beds
1 Bath
384 Sq Ft
$488/Sq Ft Est. Value

Last Sold January 24, 2012

Last sale price $22,100 $58 Per Sq Ft

Est. 748% increase in value since last sale

Current estimated payment $1,125/month

45 Days on Market

About This Home

As of January 2012

This home is located at 1230 1st Ave NE, Faribault, MN 55021 since 14 October 2011 and is currently estimated at $187,426, approximately $488 per square foot. This property was built in 1920. 1230 1st Ave NE is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Last Agent to Sell the Property

Joe Lehrer

RES Realty Listed on: 10/14/2011

Last Buyer's Agent

Jose Mendoza

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • 1920

Lot Details

  • 5,663

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 384 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 5,663 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

1920

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.13
  • Assessment Balance: 173.84
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 584
  • Projected Closed Date: 02/15/2012
  • Taxes With Assessments: 922
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x11, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 4: Kitchen, 15x9, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 384
  • Total Fin Square Footage: 384

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: Irregular

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Delaguila Ana Antonia and Castillo Luis Arturo
Bought by
Gingerich Matthew A and Gingerich Molly R
Total Days on Market
45
Current Estimated Value
$187,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Outstanding Balance
$192,271
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$4,845

Purchase Details

Listed on
Oct 14, 2011
Closed on
Jan 24, 2012
Sold by
Sec Of Housing
Bought by
Delaguila Ana Antonia
Seller's Agent
Joe Lehrer
RES Realty
Buyer's Agent
Jose Mendoza
Edina Realty, Inc.
List Price
$22,000
Sold Price
$22,100
Premium/Discount to List
$100
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Aug 6, 2001
Sold by
Edwards Patricia L
Bought by
Sanchez Victor

Purchase Details

Closed on
May 29, 1980
Sold by
Johnson Jacqueline L
Bought by
Edwards Patricia L
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
Gingerich Matthew A $214,000 Rochester Title
Delaguila Ana Antonia $22,100 --
Sanchez Victor $82,000 --
Edwards Patricia L $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gingerich Matthew A $192,600
Closed Edwards Patricia L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2012 01/24/12 Sold $22,100 +0.5% $58 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $22,000 -- $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 $1,622 $138,700 $42,100 $96,600
2024 $1,622 $100,400 $32,200 $68,200
2023 $1,350 $100,400 $32,200 $68,200
2022 $1,294 $92,900 $30,900 $62,000
2021 $1,254 $82,000 $26,000 $56,000
2020 $1,184 $77,900 $26,000 $51,900
2019 $1,090 $73,400 $24,800 $48,600
2018 $1,096 $64,600 $22,300 $42,300
2017 $1,054 $62,800 $22,300 $40,500
2016 $1,060 $57,200 $19,800 $37,400
2015 $1,090 $56,000 $19,800 $36,200
2014 -- $59,400 $24,800 $34,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4083414

REALTOR® Association of Southern Minnesota

APN: 18.30.4.26.082