16 Tower Place Faribault, MN 55021
Estimated Value: $212,000 - $258,000
3
Beds
2
Baths
1,412
Sq Ft
$168/Sq Ft
Est. Value
About This Home
This home is located at 16 Tower Place, Faribault, MN 55021 and is currently estimated at $236,540, approximately $167 per square foot. 16 Tower Place is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2021
Sold by
Thom Janice M
Bought by
Tatge Adam
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,855
Outstanding Balance
$198,016
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$38,524
Purchase Details
Closed on
Dec 9, 2021
Sold by
Thom Steven and Thom Steven
Bought by
Thom Janice M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,855
Outstanding Balance
$198,016
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$38,524
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tatge Adam | $221,500 | None Available | |
| Thom Janice M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tatge Adam | $214,855 |
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 | $2,076 | $200,700 | $40,100 | $160,600 |
| 2024 | $2,076 | $197,900 | $35,700 | $162,200 |
| 2023 | $2,000 | $197,900 | $35,700 | $162,200 |
| 2022 | $1,846 | $179,900 | $32,700 | $147,200 |
| 2021 | $1,636 | $154,800 | $29,700 | $125,100 |
| 2020 | $1,394 | $139,200 | $29,700 | $109,500 |
| 2019 | $1,164 | $123,100 | $23,800 | $99,300 |
| 2018 | $1,082 | $110,500 | $23,800 | $86,700 |
| 2017 | $980 | $102,700 | $23,800 | $78,900 |
| 2016 | $910 | $93,500 | $23,800 | $69,700 |
| 2015 | $760 | $87,100 | $23,800 | $63,300 |
| 2014 | -- | $79,600 | $17,800 | $61,800 |
Source: Public Records
Map
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