NOT LISTED FOR SALE

1502 22nd Ave NW Faribault, MN 55021

Estimated Value: $152,000 - $211,095

2 Beds
2 Baths
1,430 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 24, 2025

Last sale price $155,000 $108 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,205/month

111 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Lower Floor Utility Room
  • Patio

About This Home

As of February 2025

**Charming 2-Bedroom Townhouse with Endless Potential!** Welcome to your future sanctuary! Nestled among a lush landscape of towering trees, this delightful 2-bedroom, 2-bath townhouse. With a little imagination and some TLC, you can transform this property into your dream home! Step inside to discover an inviting living room that flows seamlessly into a spacious dining area, perfect for entertaining family and friends. The open layout creates a warm and welcoming atmosphere, allowing natural light to pour in and illuminate the space. The well-appointed kitchen is ready for your personal touch, offering ample storage and the potential for modern upgrades. Imagine hosting dinner parties or casual Sunday brunches in your cozy dining room, where memories are just waiting to be made. Large bedroom close to full bath. The second bedroom is perfect for guests, a home office, or a playful nursery, offering versatility for your lifestyle. Step outside onto the expansive deck and patio, where you can sip your morning coffee, enjoy al fresco dining, or simply bask in the tranquility of your wooded surroundings. The attached garage provides convenience and additional storage, making it easy to keep your home organized and clutter-free. Located in a peaceful community with access to nearby Faribault Golf club, this townhouse offers the perfect balance of privacy and accessibility. With your vision and a little effort, this property is sure to shine! Don’t miss this incredible opportunity to create your dream home in a picturesque setting. Schedule a showing today, and let your imagination run wild! Your future begins here!

Last Agent to Sell the Property

Debra Reineke-Salmonsen

RE/MAX Experts Listed on: 10/23/2024

RE/MAX Experts

Co-Listed By

Scott Reineke

RE/MAX Experts

Last Buyer's Agent

Eric Frank

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,812

Year Built

  • Built in 1972

Lot Details

  • Lot Dimensions are 49 x 135
  • Few Trees

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home

Interior Spaces

  • Lower Floor Utility Room
  • Dryer
  • Finished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, snow removal
  • Townhome Estates Assoc Association, Phone Number (507) 412-0557
  • Country Club Estate 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1825252007

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,812

Year Built

Built in 1972

Lot Details

6,534 Sq Ft Lot

HOA Fees

$125 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 830
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block, Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator
  • Living Area: 1430
  • Fireplace: No
  • Below Grade Finished Sq Ft: 600
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Deck, Patio

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Lower Level
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Snow Removal
  • Phone: 5074120557
  • Association Fee: 125
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s), Deck, Patio, Vaulted Ceiling(s)

Association/Amenities

  • HOA Management Co: TOWNHOME ESTATES ASSOC

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 5073336016

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 49 X 135
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1825252007
  • Tax Annual Amount: 1812
  • TaxWithAssessments: 1852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Feb 14, 2025
Sold by
Rappe Janice M and Rappe Janice Marcella
Bought by
Annexstad Scott
Seller's Agent
Debra Reineke-Salmonsen
RE/MAX Experts
Buyer's Agent
Eric Frank
RE/MAX Advantage Plus
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
248
Current Estimated Value
$176,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,024
Avg. Annual Appreciation
12.88%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Kispert Steven P and Kispert Patricia K
Bought by
Rappe Peter A and Rappe Janice M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Annexstad Scott $155,000 Trademark Title
Rappe Peter A $133,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2025 02/24/25 Sold $155,000 -8.8% $108 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
01/06/2025 01/06/25 Price Changed $170,000 -2.9% $119 / Sq Ft
12/06/2024 12/06/24 Price Changed $175,000 -5.4% $122 / Sq Ft
10/23/2024 10/23/24 For Sale $185,000 -- $129 / Sq Ft
Source: NorthstarMLS

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 $1,964 $184,400 $44,200 $140,200
2024 $1,852 $173,700 $39,400 $134,300
2023 $1,680 $173,700 $39,400 $134,300
2022 $1,470 $155,300 $35,900 $119,400
2021 $1,270 $132,000 $25,100 $106,900
2020 $1,236 $117,400 $25,100 $92,300
2019 $1,108 $116,400 $25,100 $91,300
2018 $1,056 $106,400 $25,100 $81,300
2017 $1,032 $100,900 $25,100 $75,800
2016 $996 $97,000 $25,100 $71,900
2015 $932 $92,800 $25,100 $67,700
2014 -- $91,600 $25,100 $66,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6622106

NorthstarMLS

APN: 18.25.2.52.007

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