NOT LISTED FOR SALE

1423 25th Ave NW Unit 1423 Faribault, MN 55021

Estimated Value: $301,398

3 Beds
3 Baths
2,123 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $265,000 $125 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,002/month

43 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • Living Room
  • Corner Lot
  • 2 Car Attached Garage
  • Storage Room

About This Home

As of December 2022

Rare opportunity to own a single-level end-unit townhome with a finished lower level in Faribault’s Carriage Hills Two Association. Main level includes an open concept living/dining/kitchen, as well as the primary bedroom and full bath, a second bedroom and full bath, and laundry. Updated kitchen with newer stainless steel appliances, granite countertops and white cabinetry. Check out the custom pantry cabinet on either side of the stainless steel refrigerator! Lower level with a large family room, gas fireplace, another bedroom with walk-in closet and a three-quarter bath. There is an additional 300 square feet of storage space in the lower level, perfect for hobbies or seasonal décor. Two-car garage with a handy ramp included to access the home from garage. Water heater and furnace replaced in 2019, water softener replaced in 2020.

Last Listed By

Jessica Lamker

Edina Realty, Inc. Listed on: 10/17/2022

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1999

Lot Details

  • 2,614 Sq Ft Lot
  • Few Trees

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Storage Room

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 100 Amp Service
  • Cable TV Available

Community Details

  • Association fees include maintenance structure, lawn care, ground maintenance, trash, snow removal
  • Julie Fox, Manager Association, Phone Number (507) 331-2009
  • Carriage Hills 02 Cic 28 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1826178004

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,074

Year Built

Built in 1999

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1331
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Pump
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 2123
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 792
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Storage, Deck
  • SqFtTotal: 2418.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Concrete

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 576

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Lawn Care, Maintenance Grounds, Trash, Snow Removal
  • Phone: 507-331-2009
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Julie Fox, Manager

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Lot Size Sq Ft: 2613.6
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1826178004
  • Tax Annual Amount: 2074
  • TaxWithAssessments: 2114.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
Dec 27, 2022
Sold by
Malecha Fred C and Malecha Jean A
Bought by
Nordstrom Randall D and Nordstrom Amanda M
Seller's Agent
Jessica Lamker
Edina Realty, Inc.
Buyer's Agent
Jessica Lamker
Edina Realty, Inc.
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Total Days on Market
43
Views
37
Current Estimated Value
$301,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,398
Avg. Annual Appreciation
6.77%
Original Mortgage
$264,000
Outstanding Balance
$257,536
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$51,748

Purchase Details

Closed on
Oct 22, 1999
Sold by
Carriage Homes Inc
Bought by
Malecha Fred C and Malecha Jean A

Range of Values:

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Average Value
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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
Nordstrom Randall D $265,000 Edina Realty Title
Nordstrom Randall $265,000 --
Malecha Fred C $116,856 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordstrom Randall $264,000
Closed Nordstrom Randall D $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $265,000 -3.6% $125 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/29/2022 11/29/22 Price Changed $275,000 -8.3% $130 / Sq Ft
10/17/2022 10/17/22 For Sale $300,000 -- $141 / 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 $1,588 $285,900 $53,100 $232,800
2024 $1,588 $266,200 $49,200 $217,000
2023 $2,388 $266,200 $49,200 $217,000
2022 $2,114 $209,800 $41,500 $168,300
2021 $1,964 $178,300 $28,500 $149,800
2020 $1,902 $166,800 $24,600 $142,200
2019 $798 $164,900 $24,600 $140,300
2018 $1,604 $141,300 $18,100 $123,200
2017 $1,446 $139,100 $18,100 $121,000
2016 $1,380 $124,900 $15,600 $109,300
2015 $1,286 $118,200 $15,600 $102,600
2014 -- $116,200 $15,600 $100,600
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6270089

NorthstarMLS

APN: 18.26.1.78.004