1308 Summer Ln Faribault, MN 55021
Estimated Value: $278,000 - $301,000
5
Beds
2
Baths
1,696
Sq Ft
$169/Sq Ft
Est. Value
About This Home
This home is located at 1308 Summer Ln, Faribault, MN 55021 and is currently estimated at $286,748, approximately $169 per square foot. 1308 Summer Ln 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
Nov 9, 2018
Sold by
Cloeter Hubert V and Cloeter Diane S
Bought by
Bendt Kyle and Bendt April
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
$127,500
Outstanding Balance
$111,881
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$174,867
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bendt Kyle | $170,000 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bendt Kyle | $127,500 |
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 | $3,172 | $268,900 | $72,800 | $196,100 |
| 2024 | $3,172 | $252,300 | $66,500 | $185,800 |
| 2023 | $2,928 | $252,300 | $66,500 | $185,800 |
| 2022 | $2,658 | $239,300 | $66,500 | $172,800 |
| 2021 | $2,474 | $202,500 | $54,100 | $148,400 |
| 2020 | $2,500 | $187,100 | $47,800 | $139,300 |
| 2019 | $2,154 | $192,800 | $45,700 | $147,100 |
| 2018 | $2,070 | $181,300 | $41,600 | $139,700 |
| 2017 | $1,994 | $171,600 | $39,500 | $132,100 |
| 2016 | $1,912 | $161,800 | $37,400 | $124,400 |
| 2015 | $1,822 | $153,300 | $37,400 | $115,900 |
| 2014 | -- | $153,300 | $37,400 | $115,900 |
Source: Public Records
Map
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