NOT LISTED FOR SALE

1608 Mitchell Dr Faribault, MN 55021

Estimated Value: $291,000 - $321,000

3 Beds
3 Baths
2,034 Sq Ft
$147/Sq Ft Est. Value

About This Home

This home is located at 1608 Mitchell Dr, Faribault, MN 55021 and is currently estimated at $299,961, approximately $147 per square foot. 1608 Mitchell Dr 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
Nov 30, 2021
Sold by
Marik Joan
Bought by
Cumberland Properties 1 Llc
Current Estimated Value
$299,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$51,889
Interest Rate
3.11%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$248,072
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Cumberland Properties 1 Llc $245,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumberland Properties 1 Llc $196,000
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 $3,162 $265,500 $75,800 $189,700
2024 $3,162 $248,700 $69,300 $179,400
2023 $2,886 $248,700 $69,300 $179,400
2022 $2,454 $235,800 $69,300 $166,500
2021 $2,274 $202,700 $56,300 $146,400
2020 $2,144 $189,000 $51,300 $137,700
2019 $2,000 $182,500 $49,100 $133,400
2018 $1,872 $170,300 $44,600 $125,700
2017 $1,802 $157,800 $42,400 $115,400
2016 $1,802 $148,800 $40,200 $108,600
2015 $1,718 $146,100 $40,200 $105,900
2014 -- $146,100 $40,200 $105,900
Source: Public Records

Map

Minnesota Rice County Faribault 55021

1608 Mitchell Dr, Faribault, MN

Not Listed for Sale

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