1608 Mitchell Dr Faribault, MN 55021
Estimated Value: $269,000 - $284,505
3
Beds
3
Baths
2,034
Sq Ft
$137/Sq Ft
Est. Value
About This Home
This home is located at 1608 Mitchell Dr, Faribault, MN 55021 and is currently estimated at $278,626, approximately $136 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
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
$226,737
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Home Values in the Area
Average Home Value in this Area
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
| 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
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