NOT LISTED FOR SALE

1401 Spring Rd Faribault, MN 55021

Estimated Value: $289,000 - $310,285

4 Beds
1 Bath
1,908 Sq Ft
$159/Sq Ft Est. Value

About This Home

This home is located at 1401 Spring Rd, Faribault, MN 55021 and is currently estimated at $302,571, approximately $158 per square foot. 1401 Spring Rd 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
Aug 19, 2022
Sold by
Mulder Rhonda S
Bought by
Sherman Erick C
Current Estimated Value
$302,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,235
Outstanding Balance
$234,685
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$67,886
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Sherman Erick C $267,000 North Star Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Erick C $246,235
Source: Public Records

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 $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

Map

Minnesota Rice County Faribault 55021

1401 Spring Rd, Faribault, MN

Not Listed for Sale

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