16512 Cabot Ave Faribault, MN 55021
Estimated Value: $1,003,732 - $1,083,000
5
Beds
4
Baths
2,524
Sq Ft
$416/Sq Ft
Est. Value
About This Home
This home is located at 16512 Cabot Ave, Faribault, MN 55021 and is currently estimated at $1,051,244, approximately $416 per square foot. 16512 Cabot Ave is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2025
Sold by
James B Weinkauf Revocable Trust and Weinkauf James B
Bought by
Derek L Skluzacek Revocable Trust and Skluzacek
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
$892,500
Outstanding Balance
$890,218
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$161,026
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derek L Skluzacek Revocable Trust | $1,050,000 | Knight Barry Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Derek L Skluzacek Revocable Trust | $892,500 |
Source: Public Records
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 | $5,116 | $658,900 | $197,500 | $461,400 |
| 2024 | $5,116 | $633,900 | $175,200 | $458,700 |
| 2023 | $4,808 | $633,900 | $175,200 | $458,700 |
| 2022 | $4,308 | $571,300 | $121,000 | $450,300 |
| 2021 | $4,100 | $512,800 | $111,400 | $401,400 |
| 2020 | $3,678 | $488,700 | $108,900 | $379,800 |
| 2019 | $3,542 | $450,600 | $108,900 | $341,700 |
| 2018 | $3,318 | $429,800 | $108,900 | $320,900 |
| 2017 | $3,088 | $395,000 | $108,900 | $286,100 |
| 2016 | $3,042 | $344,400 | $108,900 | $235,500 |
| 2015 | $2,886 | $330,600 | $108,900 | $221,700 |
| 2014 | -- | $326,400 | $108,900 | $217,500 |
Source: Public Records
Map
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