NOT LISTED FOR SALE

16 3rd Ave SW Faribault, MN 55021

Estimated Value: $216,943 - $240,000

3 Beds
1.5 Baths
1,331 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 18, 2012

Last sale price $58,000 $44 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $1,362/month

57 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Bathroom on Main Level
  • 4-minute walk to North Alexander Park

About This Home

As of December 2012

Great opportunity for this 3 bed, 1.5 bath home. Property has large front porch, detached garage, nice sized rooms, 2 bedrooms and 1 bath on upper level. Buyer & buyer's agent to verify all information.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 10/04/2012

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Hailey Harn

GH Mgmt Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • 1900

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,331 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1831301013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

1900

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 26
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 576
  • Parcel Number: 1831301013
  • Projected Closed Date: 12/18/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 948
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 2: Dining Room, 16x14, On Level: Main
  • Room 4: Kitchen, 13x14, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 13x14, On Level: Upper
  • Room 7: 16x15, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1331
  • Total Fin Square Footage: 1331

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x165

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2016
Sold by
Weasler Dean and Weasler Meagan
Bought by
Korbel Daniel J and Korbel Tiann M
Current Estimated Value
$226,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,246
Outstanding Balance
$109,914
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$119,182

Purchase Details

Closed on
May 20, 2016
Sold by
Kgn Enterprises Llc
Bought by
Weasler Dean and Weasler Meagan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,246
Outstanding Balance
$109,914
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$119,182

Purchase Details

Closed on
May 30, 2013
Bought by
Weasler Dean Dean

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 18, 2012
Sold by
Federal National Mortgage Association
Bought by
K & N Enterprises Llc
Seller's Agent
Jesse Graber
Edina Realty, Inc.
Buyer's Agent
Hailey Harn
GH Mgmt Co
List Price
$63,900
Sold Price
$58,000
Premium/Discount to List
-$5,900
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Malecha Suzanne M
Bought by
Greeley Dennis L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Korbel Daniel J $132,500 Trademark Title Services Inc
Weasler Dean $129,000 Trademark Title Services
Weasler Dean Dean $129,000 --
K & N Enterprises Llc $58,000 --
Greeley Dennis L $76,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korbel Daniel J $136,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2012 12/18/12 Sold $58,000 -9.2% $44 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $63,900 -- $48 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,998 $196,600 $56,600 $140,000
2024 $1,998 $187,900 $53,200 $134,700
2023 $1,988 $187,900 $53,200 $134,700
2022 $1,764 $179,000 $53,200 $125,800
2021 $1,510 $153,100 $42,900 $110,200
2020 $1,434 $134,400 $41,200 $93,200
2019 $1,298 $130,800 $41,200 $89,600
2018 $1,168 $120,000 $37,800 $82,200
2017 $1,110 $108,700 $34,300 $74,400
2016 $1,034 $102,200 $34,300 $67,900
2015 $916 $95,400 $27,500 $67,900
2014 -- $90,400 $34,300 $56,100
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4405765

REALTOR® Association of Southern Minnesota

APN: 18.31.3.01.013