1325 Summer Ln Faribault, MN 55021
Estimated Value: $223,000 - $313,000
3
Beds
2
Baths
1,040
Sq Ft
$263/Sq Ft
Est. Value
About This Home
This home is located at 1325 Summer Ln, Faribault, MN 55021 and is currently estimated at $273,868, approximately $263 per square foot. 1325 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
Jul 27, 2021
Sold by
Walker Kirk S and Walker Dawn M
Bought by
Gonzalez Trinidad and Gonzalez Cynthia
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
$25,000
Outstanding Balance
$22,733
Interest Rate
2.9%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$251,135
Purchase Details
Closed on
Aug 9, 2000
Sold by
Braun August John
Bought by
Gonzalez Trinidad and Gonzolez Cynthia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Trinidad | $39,500 | None Available | |
| Gonzalez Trinidad | $119,650 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Trinidad | $25,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,930 | $268,800 | $75,600 | $193,200 |
| 2024 | $2,930 | $249,800 | $69,100 | $180,700 |
| 2023 | $2,738 | $249,800 | $69,100 | $180,700 |
| 2022 | $2,422 | $236,700 | $69,100 | $167,600 |
| 2021 | $2,086 | $200,400 | $56,200 | $144,200 |
| 2020 | $1,404 | $175,500 | $49,700 | $125,800 |
| 2019 | $1,448 | $170,900 | $49,000 | $121,900 |
| 2018 | $1,970 | $159,500 | $44,600 | $114,900 |
| 2017 | $1,916 | $146,200 | $42,300 | $103,900 |
| 2016 | $1,890 | $137,900 | $40,100 | $97,800 |
| 2015 | $1,828 | $132,900 | $40,100 | $92,800 |
| 2014 | -- | $132,900 | $40,100 | $92,800 |
Source: Public Records
Map
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