1401 Summer Ln Faribault, MN 55021
Estimated Value: $241,000 - $275,000
3
Beds
2
Baths
1,708
Sq Ft
$156/Sq Ft
Est. Value
About This Home
This home is located at 1401 Summer Ln, Faribault, MN 55021 and is currently estimated at $265,972, approximately $155 per square foot. 1401 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
Jun 25, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Silkey Adam C
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
$139,924
Outstanding Balance
$93,675
Interest Rate
4.56%
Mortgage Type
New Conventional
Estimated Equity
$172,297
Purchase Details
Closed on
May 31, 2007
Sold by
Hallin Marc J and Hallin Amber R
Bought by
Mcdaid Shaun M and Mcdaid Stacy E
Purchase Details
Closed on
Jan 28, 2000
Sold by
Wolkenhauer Robert C and Wolkenhauer Lisa C
Bought by
Hallin Marc J and Hallin Amber R
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Silkey Adam C | $135,027 | -- | |
| Mcdaid Shaun M | $193,900 | -- | |
| Hallin Marc J | $124,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Silkey Adam C | $139,924 |
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 | $3,150 | $254,900 | $75,600 | $179,300 |
| 2024 | $3,012 | $239,200 | $69,100 | $170,100 |
| 2023 | $2,782 | $239,200 | $69,100 | $170,100 |
| 2022 | $2,520 | $227,200 | $69,100 | $158,100 |
| 2021 | $2,328 | $191,800 | $56,200 | $135,600 |
| 2020 | $1,988 | $175,800 | $49,700 | $126,100 |
| 2019 | $1,848 | $171,100 | $49,000 | $122,100 |
| 2018 | $1,994 | $159,500 | $44,600 | $114,900 |
| 2017 | $1,934 | $147,800 | $42,300 | $105,500 |
| 2016 | $1,928 | $139,200 | $40,100 | $99,100 |
| 2015 | $1,864 | $135,400 | $40,100 | $95,300 |
| 2014 | -- | $135,400 | $40,100 | $95,300 |
Source: Public Records
Map
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