1401 Spring Rd Faribault, MN 55021
Estimated Value: $295,000 - $313,000
4
Beds
2
Baths
1,908
Sq Ft
$159/Sq Ft
Est. Value
Highlights
- Deck
- The kitchen features windows
- Living Room
- No HOA
- 2 Car Attached Garage
- 1-Story Property
About This Home
As of August 2022Don't miss out on this 4-Bedroom walk our rambler! This home features updates inside and out, updated siding and windows, remodeled kitchen, three bedrooms on the main level, living room with a lot of natural light, the lower level provides a bedroom, bathroom, storage, spacious family room that walks out to the back yard. Enjoy the summer evenings on your back maintenance free deck or playing in the large flat semi-private backyard. The property has invisible fencing, additional shed, 2 car garage, concrete driveway and much more! This is a must see!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,322
Year Built
- Built in 1976
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 140x90
- Irregular Lot
Parking
- 2 Car Attached Garage
Home Design
- Pitched Roof
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Finished Basement
- Walk-Out Basement
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Four Seasons Fairbault Subdivision
Listing and Financial Details
- Assessor Parcel Number 1806326010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 7, 2025
Sold by
Sherman Erick C and Sherman Shawn
Bought by
Sherman Erick C and Sherman Shawn
Current Estimated Value
Purchase Details
Listed on
Jun 26, 2022
Closed on
Aug 19, 2022
Sold by
Mulder Rhonda S
Bought by
Sherman Erick C
Seller's Agent
Marissa Babcock
Weichert, REALTORS- Heartland
Buyer's Agent
Sarah Ruhland
Real Broker, LLC
List Price
$275,000
Sold Price
$267,000
Premium/Discount to List
-$8,000
-2.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$246,235
Interest Rate
5.3%
Mortgage Type
FHA
Similar Homes in Faribault, MN
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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 |
|---|---|---|---|
| Sherman Erick C | $500 | None Listed On Document | |
| Sherman Erick C | $267,000 | North Star Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sherman Erick C | $246,235 | |
| Previous Owner | Mulder Rhonda S | $109,987 | |
| Previous Owner | Mulder Rhonda S | $139,010 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2022 08/19/22 | Sold | $267,000 | +0.8% | $140 / Sq Ft |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- |
| 07/07/2022 07/07/22 | Price Changed | $264,900 | -3.7% | $139 / Sq Ft |
| 06/21/2022 06/21/22 | For Sale | $275,000 | -- | $144 / Sq Ft |
Source: NorthstarMLS
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 | $3,024 | $279,600 | $75,700 | $203,900 |
| 2024 | $3,024 | $259,200 | $69,200 | $190,000 |
| 2023 | $2,672 | $259,200 | $69,200 | $190,000 |
| 2022 | $2,362 | $231,700 | $69,200 | $162,500 |
| 2021 | $2,170 | $196,000 | $56,200 | $139,800 |
| 2020 | $2,056 | $181,500 | $49,700 | $131,800 |
| 2019 | $1,912 | $176,100 | $48,500 | $127,600 |
| 2018 | $2,036 | $164,100 | $44,100 | $120,000 |
| 2017 | $1,882 | $150,900 | $41,900 | $109,000 |
| 2016 | $1,894 | $135,600 | $39,700 | $95,900 |
| 2015 | $1,814 | $133,100 | $39,700 | $93,400 |
| 2014 | -- | $131,900 | $39,700 | $92,200 |
Source: Public Records
Agents Affiliated with this Home
-
Marissa Babcock
Seller's Agent in 2022
Marissa Babcock
Weichert, REALTORS- Heartland
(507) 210-1617
98 in this area
196 Total Sales
-
Sarah Ruhland
Buyer's Agent in 2022
Sarah Ruhland
Real Broker, LLC
(952) 232-8165
3 in this area
70 Total Sales
-
Caarin Pannkuk
Buyer Co-Listing Agent in 2022
Caarin Pannkuk
Real Broker, LLC
(651) 208-7404
9 in this area
475 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6217375
APN: 18.06.3.26.010
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