1609 5th St SW Faribault, MN 55021
Estimated Value: $175,000 - $210,000
3
Beds
1
Bath
1,089
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- Forced Air Heating and Cooling System
- Porch
About This Home
As of March 2023Welcome Home! This story and 1/2 is set on an oversized corner lot on a quiet street in town. This home offers a very generous size kitchen and bath as well as 3 bedrooms on 1 level. A large clean dry basement just waiting for you to finish and build in equity. So much has been updated; All new siding & a new front step, gutters & downspouts, new triple pane windows throughout. New carpet, fresh paint, updated lighting, new plumbing in kitchen, new water heater & HVAC, newer W&D. A concrete patio out the back door for picnics & outdoor living. Just blocks from the Highschool & Vo-tech, close to town restaurants and shopping.Not much to do here but move-in and start living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,110
Year Built
- Built in 1930
Lot Details
- 8,494 Sq Ft Lot
- Lot Dimensions are 103 x 80 x 130 x 72
Interior Spaces
- 1,089 Sq Ft Home
- 1.5-Story Property
- Living Room
- Cooktop
- Dryer
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
- Cable TV Available
Community Details
- No Home Owners Association
- Belmont Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1836451028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 3, 2022
Closed on
Mar 28, 2023
Sold by
Olson Richard and Olson Susan
Bought by
Rasmussen Forres
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
Leslie Tait
Edina Realty, Inc.
List Price
$165,000
Sold Price
$158,000
Premium/Discount to List
-$7,000
-4.24%
Views
334
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,052
Avg. Annual Appreciation
7.53%
Original Mortgage
$155,138
Outstanding Balance
$151,125
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$34,927
Purchase Details
Closed on
Mar 28, 2016
Sold by
Skluzacek Charles W and Skluzacek Emily
Bought by
Olson Richard and Olson Susan
Purchase Details
Closed on
Oct 3, 2005
Sold by
Weires Martin and Weires Joy
Bought by
Skluzacek Charles
Purchase Details
Closed on
Jun 28, 2004
Sold by
Stevens Gary
Bought by
Weires Martin and Weires Joy
Purchase Details
Closed on
Jan 31, 2002
Sold by
Woo Kit Chow and Woo Lai Chee
Bought by
Stevens Gary
Purchase Details
Closed on
Aug 27, 1997
Sold by
Woo Kit C
Bought by
Stevens Gary and Madson Melissa
Similar Homes in Faribault, MN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rasmussen Forres | $158,000 | -- | |
| Olson Richard | $71,500 | Edina Realty Title Inc | |
| Skluzacek Charles | $120,200 | -- | |
| Weires Martin | $85,000 | -- | |
| Stevens Gary | $63,000 | -- | |
| Stevens Gary | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rasmussen Forres | $155,138 | |
| Closed | Rasmussen Forres R | $11,500 | |
| Previous Owner | Skluzacek Charles W | $88,480 | |
| Closed | Stevens Gary | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2023 03/28/23 | Sold | $158,000 | -4.2% | $145 / Sq Ft |
| 12/03/2022 12/03/22 | Pending | -- | -- | -- |
| 12/03/2022 12/03/22 | For Sale | $165,000 | -- | $152 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,488 | $155,400 | $52,000 | $103,400 |
| 2024 | $1,488 | $145,300 | $47,000 | $98,300 |
| 2023 | $1,348 | $145,300 | $47,000 | $98,300 |
| 2022 | $1,110 | $129,600 | $43,600 | $86,000 |
| 2021 | $828 | $106,100 | $33,500 | $72,600 |
| 2020 | $752 | $85,700 | $30,200 | $55,500 |
| 2019 | $702 | $81,100 | $28,500 | $52,600 |
| 2018 | $600 | $77,400 | $31,800 | $45,600 |
| 2017 | $608 | $64,700 | $28,300 | $36,400 |
| 2016 | $950 | $63,500 | $28,300 | $35,200 |
| 2015 | $936 | $62,900 | $28,300 | $34,600 |
| 2014 | -- | $62,900 | $28,300 | $34,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kris Lindahl
Seller's Agent in 2023
Kris Lindahl
Kris Lindahl Real Estate
(763) 296-1368
32 in this area
5,492 Total Sales
-
Kimberly Fiebelkorn
Seller Co-Listing Agent in 2023
Kimberly Fiebelkorn
Kris Lindahl Real Estate
(763) 688-0512
1 in this area
125 Total Sales
-
Leslie Tait
Buyer's Agent in 2023
Leslie Tait
Edina Realty, Inc.
(507) 384-7239
23 in this area
45 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6313498
APN: 18.36.4.51.028
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