NOT LISTED FOR SALE

1516 Wellington Crescent Faribault, MN 55021

Estimated Value: $274,000 - $309,146

3 Beds
2 Baths
1,906 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $235,000 $123 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,755/month

18 Days on Market

Highlights

  • Sun or Florida Room
  • 2 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2023

Cozy, comfy, and charming this home offers all three! Welcome home to beautiful 1516 Wellington Crescent! This three bedroom, two bathroom home offers so many amazing features including its brand new roof, gorgeous sunroom, fenced in back yard, main floor laundry hookups, and so much more! Space will never be of concern as there is a plethora of storage space in your oversized lower level laundry room and bonus potential bedrooms! Don't forget about the amazing front porch, large living room with rustic wall accents, and spacious two car garage. Updates include the new roof, new gutters, new A/C unit in 2021, and brand new electrical panel/updates. This friendly neighborhood is just a hop, skip, and a jump from one of Faribault's many welcoming parks! This home will not last so schedule your private showing today!

Last Agent to Sell the Property

Lacie Nelson

eXp Realty Listed on: 06/23/2023

eXp Realty

Last Buyer's Agent

Dorothy McIntyre

Keller Williams Premier Realty

Keller Williams Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1968

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 78x150x119x147

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Windsor Park 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1801152044

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 1364
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space
  • Living Area: 1906
  • Fireplace: No
  • Below Grade Finished Sq Ft: 542
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room
  • SqFtTotal: 1906.00

Beds/Baths

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

Garage/Parking

  • Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 78x150x119x147
  • Lot Size Sq Ft: 17816.04
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1801152044
  • Tax Annual Amount: 3002
  • TaxWithAssessments: 3002.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 14, 2023
Sold by
Viktora Peter and Viktora Sandra
Bought by
Wheeler Jeremy
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Dorothy McIntyre
Keller Williams Premier Realty
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Views
146
Current Estimated Value
$291,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,037
Avg. Annual Appreciation
9.36%
Original Mortgage
$230,743
Outstanding Balance
$225,387
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$65,650

Purchase Details

Closed on
Oct 19, 2022
Sold by
Saunders Priscilla
Bought by
Viktora Peter James and Viktora Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,375
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Horejsi Alice Alice
Bought by
Saunders Priscilla Priscilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,150
Interest Rate
4.04%
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
Wheeler Jeremy $235,000 --
Viktora Peter James $237,500 North Star Title
Saunders Priscilla Priscilla $178,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Jeremy $230,743
Previous Owner Viktora Peter James $135,375
Previous Owner Saunders Priscilla Priscilla $176,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $235,000 -6.0% $123 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $250,000 -7.4% $131 / Sq Ft
06/23/2023 06/23/23 For Sale $269,900 -- $142 / 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 $2,822 $297,300 $83,500 $213,800
2024 $2,822 $270,300 $76,400 $193,900
2023 $3,004 $270,300 $76,400 $193,900
2022 $2,658 $257,300 $76,400 $180,900
2021 $2,428 $217,300 $62,000 $155,300
2020 $2,260 $200,000 $54,900 $145,100
2019 $2,108 $191,000 $56,600 $134,400
2018 $2,034 $178,100 $51,400 $126,700
2017 $1,960 $169,100 $48,900 $120,200
2016 $1,964 $159,600 $46,300 $113,300
2015 $1,874 $156,800 $46,300 $110,500
2014 -- $156,900 $46,300 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6389609

NorthstarMLS

APN: 18.01.1.52.044