NOT LISTED FOR SALE

16 3rd Ave SW Faribault, MN 55021

Estimated Value: $213,580 - $249,000

3 Beds
1.5 Baths
1,331 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 18, 2012

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

Est. 300% increase in value since last sale

Current estimated payment $1,454/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
$231,895

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
$121,981

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
$121,981

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
11.69%

Purchase Details

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

Similar Homes in Faribault, MN

  • 718 1st St SW, Faribault, MN 55021

    $210,000

    • 3 Beds
    • 2 Baths
    • 2,160 Sq Ft
    • 718 1st St SW
    • Faribault, MN

    SPECIAL $100 DOWN PAYMENT PROGRAM. REHAB FUND UP TO $11,000 WITH 203B WITH ESCROW. Great potential. 3 bedroom up, 2 baths and a 2 car detached. Garage. Basement is finished, but the dens could be converted into bedrooms with added egress windows and other improvements. Investor are welcome/

    John Clay Associated, REALTORS

    Section Image
  • 423 1st St NW, Faribault, MN 55021

    $219,900

    • 3 Beds
    • 1.5 Baths
    • 1,571 Sq Ft
    • 423 1st St NW
    • Faribault, MN

    Move right in and appreciate this beautifully updated 3 bedroom home! Stylishly updated throughout both levels, this home offers newer kitchen cabinets, counters & sink, tile backsplash and stainless steel appliances, hardwood floors, beautiful light fixtures and sconce lighting accents, custom built niches and shelves, newer LVP flooring, updated, gorgeous full bath with vessel sink, beautiful

    Christine Mallery Edina Realty, Inc.

    Section Image
  • 605 Division St W, Faribault, MN 55021

    $199,900

    • 2 Beds
    • 1 Bath
    • 668 Sq Ft
    • 605 Division St W
    • Faribault, MN

    Don't miss this neat and clean 1 1/2 story home centrally located in Faribault. This home offers a main floor bedroom with main floor large full bath, eat-in kitchen, detached garage.

    Ben Olsen Integrity Realty

    Section Image
  • 15 15 Se 1st St, Faribault, MN 55021

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,988 Sq Ft
    • 15 15 Se 1st St
    • Faribault, MN

    Nicely renovated 3 bedroom, 2 bath home! This 2 story home offers spacious main floor dining room including flex room that could be used as a non-conforming bedroom - plus a main floor bath! Upstairs you'll find 3 bedrooms, 3/4 bath and an additional flex room currently used as an office. Updates includes new furnace (2023), all new electric (2025), plumbing, electric & lights in garage, fresh

    Susan Larvick LANDMARK REAL ESTATE Elysian

    Section Image
  • 15 1st St SE, Faribault, MN 55021

    $220,000

    • 3 Beds
    • 2 Baths
    • 1,988 Sq Ft
    • 15 1st St SE
    • Faribault, MN

    Nicely renovated 3 bedroom, 2 bath home! This 2 story home offers spacious main floor dining room including flex room that could be used as a non-conforming bedroom - plus a main floor bath! Upstairs you'll find 3 bedrooms, 3/4 bath and an additional flex room currently used as an office. Updates includes new furnace (2023), all new electric (2025), plumbing, electric & lights in garage, fresh

    Susan Larvick Landmark Realtors, LLC

    Section Image
  • 733 1st St SW, Faribault, MN 55021

    $184,900

    • 3 Beds
    • 1 Bath
    • 1,257 Sq Ft
    • 733 1st St SW
    • Faribault, MN

    This charming 3-bedroom, 1.5-story home offers the perfect blend of coziness and potential. Compact yet thoughtfully designed, it features a spacious main-floor bedroom, ideal for easy access and comfort. The inviting living areas extend outdoors with both a porch and a deck that overlook a large backyard—perfect for relaxing, entertaining, or letting kids and pets play. A detached garage adds

    Matt Gillard RE/MAX Venture

    Section Image
  • 415 Francis St, Faribault, MN 55021

    $169,000

    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 415 Francis St
    • Faribault, MN

    This freshly painted 3-bedroom, 1.75-bath home is ready for you to make it your own. Priced to allow room for updates, it’s an ideal opportunity for both homeowners and investors. With a spacious yard and a solid layout, this property offers the perfect canvas to add your personal touch. Whether you're looking to settle in or invest, this home is full of potential and flexibility.

    Kurt Pauley NAI Legacy

    Section Image
  • 220 8th Ave SW, Faribault, MN 55021

    $229,900

    • 2 Beds
    • 1.5 Baths
    • 1,168 Sq Ft
    • 220 8th Ave SW
    • Faribault, MN

    Check out this 2 bedroom home with beautiful hardwood floors! Updates include newer windows, siding androof. Large backyard with patio and 1+ car garage. There are 2 egress windows in lower level and nicestairway to unfinished attic space.....these areas will provide you plenty of possibilities to expand ifyou want more living space.

    Lori Gustafson Weichert, REALTORS- Heartland

    Section Image
  • 612 Willow St, Faribault, MN 55021

    $224,900

    • 3 Beds
    • 1 Bath
    • 1,273 Sq Ft
    • 612 Willow St
    • Faribault, MN

    Charming 3-Bedroom Home with Dream Garage and Private Outdoor Oasis.Looking for the perfect combination of comfort, functionality, and location? This beautifully maintained 3-bedroom, 1-bath home—with an additional non-conforming bedroom upstairs—offers a rare blend of small-town charm and modern convenience, just steps away from the library, Paradise Center for the Arts, walking trails,

    Kathy Kalow Edina Realty, Inc.

    Section Image
See All Homes in Faribault

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

  • J

    Seller's Agent in 2012

    Jesse Graber

    Edina Realty, Inc.

  • D

    Seller Co-Listing Agent in 2012

    Debbie Graber

    Edina Realty, Inc.

  • H

    Buyer's Agent in 2012

    Hailey Harn

    GH Mgmt Co

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4405765

REALTOR® Association of Southern Minnesota

APN: 18.31.3.01.013

Minnesota Rice County Faribault 55021

16 3rd Ave SW, Faribault, MN

This home is located at 16 3rd Ave SW, Faribault, MN 55021 since 04 October 2012 and is currently estimated at $231,895, approximately $174 per square foot. This property was built in 1900. 16 3rd Ave SW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes