NOT LISTED FOR SALE

1508 22nd Ave NW Faribault, MN 55021

Estimated Value: $167,000 - $239,000

2 Beds
2 Baths
1,430 Sq Ft
$140/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $200,000 $140 Per Sq Ft

Current estimated payment $1,346/month

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Room
  • Living Room
  • Water Softener is Owned
  • Family Room

About This Home

As of April 2023

Just what you have been waiting for! An affordable townhome with amazing updates! This home features 2 bed 2 full bath, newer flooring throughout, remodeled kitchen, updated bathrooms, newer AC/furnace, open floor plan on the main, eat in kitchen, generous sized bedrooms and family room in the basement! Outdoors features a deck, patio and a 2 stall attached garage! Home sits close to major highways, the Faribault Country Club, amenities and parks! Schedule a showing today and make this one yours!

Last Agent to Sell the Property

Evan Knutson

Weichert, REALTORS- Heartland Listed on: 03/01/2023

Weichert, REALTORS- Heartland

Last Buyer's Agent

Mandy Zimmerman

Edina Realty, Inc.

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,476

Year Built

  • Built in 1975

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 49x135

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Wood Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 1825252005

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,476

Year Built

Built in 1975

Lot Details

0

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: 1975
  • Above Grade Finished Sq Ft: 830
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Finished
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Washer, Water Softener Owned
  • Living Area: 1430
  • Fireplace: No
  • Below Grade Finished Sq Ft: 600
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Family Room, Dining Room
  • SqFtTotal: 1430.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Maintenance Grounds, Snow Removal
  • Phone: 507-412-0557
  • Association Fee: 125
  • Association: Yes
  • Amenities Unit: Patio

Association/Amenities

  • HOA Management Co: Townhome Estates Association

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 49X135
  • Lot Size Sq Ft: 6534
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1825252005
  • Tax Annual Amount: 1476
  • TaxWithAssessments: 1516.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 7, 2023
Sold by
Rey Lauren
Bought by
Moen Teresa
Seller's Agent
Evan Knutson
Weichert, REALTORS- Heartland
Buyer's Agent
Mandy Zimmerman
Edina Realty, Inc.
List Price
$200,000
Sold Price
$200,000
Views
57
Current Estimated Value
$200,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$733
Avg. Annual Appreciation
0.13%
Original Mortgage
$160,000
Outstanding Balance
$155,471
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$45,262

Purchase Details

Closed on
Aug 28, 2020
Sold by
Rey Kim M and Koslik Donald P
Bought by
Rey Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,300
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2017
Sold by
Boran Thomas K and Boran Paul E
Bought by
Rey Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,920
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2017
Sold by
Boran Agoston Leslie K
Bought by
Boran Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,920
Interest Rate
3.93%
Mortgage Type
New Conventional
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
Moen Teresa $200,000 Northstar Title
Rey Lauren $127,000 Knight Barry Ttl United Llc
Rey Kim M $87,400 Rice County Abstract & Title
Boran Paul E -- Rice County Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moen Teresa $160,000
Previous Owner Rey Lauren $99,300
Previous Owner Rey Kim M $69,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $200,000 0.0% $140 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $200,000 -- $140 / 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 $2,146 $196,400 $44,200 $152,200
2024 $2,146 $179,800 $39,400 $140,400
2023 $1,750 $179,800 $39,400 $140,400
2022 $1,516 $160,600 $35,900 $124,700
2021 $1,330 $135,300 $25,100 $110,200
2020 $1,294 $121,600 $25,100 $96,500
2019 $1,158 $120,600 $25,100 $95,500
2018 $1,108 $110,000 $25,100 $84,900
2017 $1,232 $104,500 $25,100 $79,400
2016 $1,186 $100,300 $25,100 $75,200
2015 $1,128 $95,000 $25,100 $69,900
2014 -- $93,800 $25,100 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6333017

NorthstarMLS

APN: 18.25.2.52.005