NOT LISTED FOR SALE

1586 250th St E Faribault, MN 55021

Estimated Value: $385,000 - $618,000

4 Beds
4 Baths
2,312 Sq Ft
$211/Sq Ft Est. Value

About This Home

This home is located at 1586 250th St E, Faribault, MN 55021 and is currently estimated at $488,850, approximately $211 per square foot. 1586 250th St E is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
The Howard R Bode Revocable Trust Agree
Bought by
Hoffer Chad and Hoffer Kimberly
Current Estimated Value
$465,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$126,521
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$362,329

Purchase Details

Closed on
Apr 27, 2023
Sold by
Howard R Bode Revocable Trust
Bought by
Hoffer Chad and Hoffer Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$126,521
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$362,329

Purchase Details

Closed on
Nov 14, 2019
Sold by
Bode Howard R and Bode Kathy A
Bought by
Bade Howard R and Howard R Bade Revocable Trust

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bode Howard R
Bought by
Bode Howard R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hoffer Chad $315,100 --
Hoffer Chad $315,100 None Listed On Document
Bade Howard R -- None Available
Bode Howard R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffer Chad $130,000
Closed Hoffer Chad $130,000
Source: Public Records

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 $2,856 $409,700 $125,000 $284,700
2024 $2,856 $360,600 $110,000 $250,600
2023 $2,446 $360,600 $110,000 $250,600
2022 $2,390 $315,100 $94,000 $221,100
2021 $2,254 $290,700 $84,100 $206,600
2020 $2,052 $274,900 $81,600 $193,300
2019 $2,014 $258,800 $81,600 $177,200
2018 $1,866 $252,600 $81,600 $171,000
2017 $2,010 $232,300 $81,600 $150,700
2016 $2,072 $233,000 $81,600 $151,400
2015 $2,012 $233,600 $81,600 $152,000
2014 -- $235,900 $81,600 $154,300
Source: Public Records

Map

Minnesota Rice County Faribault 55021

1586 250th St E, Faribault, MN

Not Listed for Sale

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