NOT LISTED FOR SALE

1316 Spring Rd Faribault, MN 55021

Estimated Value: $271,000 - $288,338

3 Beds
2 Baths
1,567 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $258,000 $165 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,679/month

6 Days on Market

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Patio
  • Home Office
  • 2 Car Attached Garage
  • Living Room

About This Home

As of June 2023

This one owner rambler style home has been so well cared for and is move in ready. 3 bedrooms on main level. Lower level features family room, office, laundry/storage. Special features are hardwood floors, great kitchen with 1.5 yr new stainless appliances; range, microwave, dishwasher. Leaf guard rain gutters. Updates include new shingles in 2020, all triple pane windows added in 2020, furnace 11 yrs new, added attic insulation. Beautiful bay window in dining room needed no replacement. Extra deep attached garage. Beautiful mature trees.
Wonderful first home buyer opportunity!

Last Agent to Sell the Property

Barb Erickson

Edina Realty, Inc. Listed on: 03/22/2023

Edina Realty, Inc.

Last Buyer's Agent

Rebecca Lippert

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1973

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x146
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Rubber Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Storage Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1806326079

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,382

Year Built

Built in 1973

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
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1973
  • Above Grade Finished Sq Ft: 1050
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Concrete, Partially Finished, Storage Space, Sump Pump
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliances, Water Softener Owned
  • Fireplace Features: Electric, Family Room
  • Living Area: 1567
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 517
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Foyer, Family Room, Office, Laundry, Storage, Patio
  • SqFtTotal: 2100.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Rubber
  • PatioPorchType: Covered,Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80x146
  • Lot Size Sq Ft: 11935.44
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1806326079
  • Tax Annual Amount: 2382
  • TaxWithAssessments: 2422.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 2, 2023
Sold by
Cross John and Cross Joanne
Bought by
Fry Jeremy and Fry Samantha
Seller's Agent
Barb Erickson
Edina Realty, Inc.
Buyer's Agent
Rebecca Lippert
eXp Realty
List Price
$249,000
Sold Price
$258,000
Premium/Discount to List
$9,000
3.61%
Views
45
Current Estimated Value
$280,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,835
Avg. Annual Appreciation
3.28%
Original Mortgage
$250,260
Outstanding Balance
$243,568
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$37,267
Source: Public Records
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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
Fry Jeremy $258,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fry Jeremy $250,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2023 06/02/23 Sold $258,000 +3.6% $165 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $249,000 -- $159 / 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 $2,702 $248,400 $71,000 $177,400
2024 $2,702 $223,700 $64,900 $158,800
2023 $2,422 $223,700 $64,900 $158,800
2022 $2,130 $212,400 $64,900 $147,500
2021 $1,926 $179,300 $52,800 $126,500
2020 $1,810 $164,100 $46,700 $117,400
2019 $1,682 $158,200 $44,600 $113,600
2018 $1,606 $147,600 $40,600 $107,000
2017 $1,538 $139,200 $38,600 $100,600
2016 $1,452 $131,100 $36,500 $94,600
2015 $1,384 $123,000 $36,500 $86,500
2014 -- $123,000 $36,500 $86,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6344792

NorthstarMLS

APN: 18.06.3.26.079