$483,000
SOLD MAY 27, 2025

1601 Whipple Way Faribault, MN 55021

4 Beds
3.5 Baths
3,054 Sq Ft
0.65 Acres

Recently Sold

$158 Per Sq Ft

7% Below List Price

12 Days on Market

Highlights

  • 28,445 Sq Ft lot
  • Stainless Steel Appliances
  • Patio
  • No HOA
  • 3 Car Attached Garage
  • Living Room

About This Home

As of May 2025

This exquisite updated walk-out colonial home seamlessly merges classic charm with contemporary amenities, set on a generous .63-acre lot enhanced by mature trees. The main floor features a formal dining room, a cozy living room/den, updated guest bath, and a family room, all adorned with elegant wood floors and tile. The expansive kitchen, perfect for culinary enthusiasts, boasts stone countertops, a coffee bar, a breakfast nook, a large island, and newer stainless steel appliances, making it an entertainer's dream. The upper level offers four spacious bedrooms and two full baths, including a luxurious main suite with an ensuite bathroom designed for relaxation, complete with a corner spa, separate tiled shower and a walk-in closet. The recently updated lower level adds versatility with new flooring, a second kitchen, and a 3/4 bath, ideal for multigenerational living or personal use. Outside, a large patio is surrounded by a tranquil waterfall feature and mature landscaping, providing ample outdoor space for leisure and entertaining.This home is equipped with a new furnace and air conditioner for year-round comfort and includes a three-stall attached finished heated garage. Conveniently located within walking distance to the prestigious Shattuck St. Mary's and the Legacy Golf Course, this property is a true sanctuary that embodies elegance, functionality, and an enviable lifestyle. Schedule your showing today to see all this timeless beauty has to offer!

Last Agent to Sell the Property

Emmie Rice

Weichert, REALTORS- Heartland Listed on: 03/12/2025

Weichert, REALTORS- Heartland

Last Buyer's Agent

Bradley Williams

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,498

Year Built

  • Built in 1988

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 105x111x162.40x219

Parking

  • 3 Car Attached Garage
  • Heated Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Whipple Heights Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1829226048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,498

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1988
  • Above Grade Finished Sq Ft: 2116
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 38x28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Storage Space, Tile Shower, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 3054
  • Below Grade Finished Sq Ft: 938
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage
  • Garage Square Feet: 928

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 105x111x162.40x219
  • Lot Size Sq Ft: 28444.68
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1829226048
  • Tax Annual Amount: 4498
  • TaxWithAssessments: 4538.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 27, 2025
Sold by
Krivtsov Alexander
Bought by
Olson Bradley and Olson Roberta
Seller's Agent
Emmie Rice
Weichert, REALTORS- Heartland
Buyer's Agent
Bradley Williams
Edina Realty, Inc.
List Price
$519,900
Sold Price
$483,000
Premium/Discount to List
-$36,900
-7.1%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.77%

Purchase Details

Closed on
Jun 26, 2017
Sold by
Mccormick Lloyd B and Mccormick Cynthia J
Bought by
Krivtsov Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.05%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $483,000 Near North Title Group Llc
Warranty Deed $300,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 New Conventional
Previous Owner $152,744 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $483,000 -7.1% $158 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $519,900 -- $170 / Sq Ft
Source: NorthstarMLS

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 $4,946 $417,500 $99,400 $318,100
2024 $4,946 $386,300 $88,000 $298,300
2023 $4,440 $386,300 $88,000 $298,300
2022 $4,114 $364,600 $85,200 $279,400
2021 $3,986 $315,000 $73,800 $241,200
2020 $3,698 $303,200 $72,500 $230,700
2019 $3,656 $286,600 $69,500 $217,100
2018 $3,116 $279,300 $73,300 $206,000
2017 $3,052 $244,500 $73,300 $171,200
2016 $2,982 $233,100 $73,300 $159,800
2015 $2,534 $224,100 $73,300 $150,800
2014 -- $202,800 $55,000 $147,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6672425

NorthstarMLS

APN: 18.29.2.26.048