NOT LISTED FOR SALE

16241 Elgin Ct Faribault, MN 55021

Estimated Value: $472,000 - $513,000

3 Beds
4 Baths
1,462 Sq Ft
$340/Sq Ft Est. Value

About This Home

This home is located at 16241 Elgin Ct, Faribault, MN 55021 and is currently estimated at $496,638, approximately $339 per square foot. 16241 Elgin Ct is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2024
Sold by
Storch Duane W and Storch Dorothy V
Bought by
Peterson Rick and Peterson Kristine
Current Estimated Value
$496,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$303,822
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$192,816
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

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Peterson Rick $456,800 Trademark Title
Peterson Rick $456,800 Trademark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Rick $308,000
Closed Peterson Rick $308,000
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 $3,060 $426,700 $137,200 $289,500
2024 $3,060 $393,300 $123,800 $269,500
2023 $2,658 $393,300 $123,800 $269,500
2022 $2,374 $343,800 $110,400 $233,400
2021 $2,316 $289,700 $94,600 $195,100
2020 $2,078 $285,200 $110,700 $174,500
2019 $2,080 $270,000 $110,700 $159,300
2018 $2,026 $266,500 $110,700 $155,800
2017 $2,158 $258,000 $110,700 $147,300
2016 $2,242 $256,500 $110,700 $145,800
2015 $2,170 $257,700 $110,700 $147,000
2014 -- $259,600 $110,700 $148,900
Source: Public Records

Map

Minnesota Rice County Faribault 55021

16241 Elgin Ct, Faribault, MN

Not Listed for Sale

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