1522 5th St SW Faribault, MN 55021
Estimated Value: $302,000 - $351,000
4
Beds
2
Baths
2,400
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- No HOA
- Home Office
- 4 Car Attached Garage
- Game Room
- Home Gym
- Eat-In Kitchen
About This Home
As of August 2022This 4 bedroom, 2 bath home located on a quiet street offers several updated features; new carpet throughout the home, an oversized heated attached garage and another good sized attached garage, newer metal clad windows throughout the house, 6 panel doors, large lot, an extra hard surface driveway, 8x12 storage shed and a wood burning fireplace in the living room.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,594
Year Built
- Built in 1953
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 120x125
- Partially Fenced Property
Parking
- 4 Car Attached Garage
- Heated Garage
- Insulated Garage
Interior Spaces
- 1.5-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Home Office
- Game Room
- Home Gym
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Additional Features
- Patio
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Belmont Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1836451017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2022
Closed on
Aug 11, 2022
Sold by
Gene Lemke Dennis
Bought by
Purdie Gabriel and Purdie Kathryn
Seller's Agent
Larry Defries
Century 21 Atwood
Buyer's Agent
Lacie Nelson
eXp Realty
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,784
Avg. Annual Appreciation
5.29%
Original Mortgage
$165,950
Outstanding Balance
$159,920
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$164,918
Purchase Details
Listed on
Jun 23, 2022
Closed on
Aug 10, 2022
Sold by
Lemke Dennis
Bought by
Purdie Gabriel and Purdie Kathryn
Seller's Agent
Larry Defries
Century 21 Atwood
Buyer's Agent
Lacie Nelson
eXp Realty
List Price
$285,000
Sold Price
$280,000
Premium/Discount to List
-$5,000
-1.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,950
Outstanding Balance
$159,920
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$164,918
Similar Homes in Faribault, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Purdie Gabriel | $280,000 | North Star Title | |
| Purdie Gabriel | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Purdie Gabriel | $165,950 | |
| Closed | Purdie Gabriel | $165,950 | |
| Previous Owner | Lemke Dennis G | $138,688 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/10/2022 08/10/22 | Sold | $280,000 | 0.0% | $117 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 07/02/2022 07/02/22 | Off Market | $280,000 | -- | -- |
| 06/23/2022 06/23/22 | For Sale | $285,000 | -- | $119 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,360 | $302,900 | $72,600 | $230,300 |
| 2024 | $3,360 | $273,100 | $65,500 | $207,600 |
| 2023 | $2,960 | $273,100 | $65,500 | $207,600 |
| 2022 | $2,594 | $253,900 | $63,800 | $190,100 |
| 2021 | $2,086 | $212,800 | $49,100 | $163,700 |
| 2020 | $2,108 | $175,500 | $44,200 | $131,300 |
| 2019 | $1,874 | $179,900 | $45,100 | $134,800 |
| 2018 | $1,752 | $161,300 | $42,400 | $118,900 |
| 2017 | $1,760 | $149,500 | $42,400 | $107,100 |
| 2016 | $1,800 | $146,000 | $42,400 | $103,600 |
| 2015 | $1,736 | $145,900 | $42,400 | $103,500 |
| 2014 | -- | $147,400 | $42,400 | $105,000 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Defries
Seller's Agent in 2022
Larry Defries
Century 21 Atwood
(507) 321-1431
1 in this area
23 Total Sales
-
Lacie Nelson
Buyer's Agent in 2022
Lacie Nelson
eXp Realty
(952) 873-9333
52 in this area
214 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6222939
APN: 18.36.4.51.017
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