16241 Elgin Ct Faribault, MN 55021
Estimated Value: $458,000 - $504,806
3
Beds
4
Baths
1,462
Sq Ft
$326/Sq Ft
Est. Value
About This Home
This home is located at 16241 Elgin Ct, Faribault, MN 55021 and is currently estimated at $476,702, approximately $326 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
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
$302,887
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$173,816
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Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peterson Rick | $456,800 | Trademark Title | |
| Peterson Rick | $456,800 | Trademark Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,168 | $437,000 | $143,900 | $293,100 |
| 2025 | $3,168 | $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
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