NOT LISTED FOR SALE

1703 7th St NW Faribault, MN 55021

Estimated Value: $248,000 - $280,000

4 Beds
2 Baths
1,672 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $200,000 $120 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,591/month

52 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • Corner Lot
  • The kitchen features windows
  • Patio

About This Home

As of December 2022

WELCOME HOME! Pride-in-ownership shines throughout this meticulously maintained 4 bed, 2 bath 1 1/2 story home located on a spacious corner lot. This is a two owner home...the first owner built the home and sold it in 1957 to the current owner's family who has loved and raised their family there for 65 years! The gorgeous curb appeal includes maintenance free siding, new roof, updated windows, professional lawn care and landscaping. The oversized 2 car garage and adorable deck with pergola are perfect for morning coffee or evening cocktails with family and friends. You can feel the love in this home the moment you step inside this adorable bungalow. The old style charm will surround you with the cozy front porch, stunning hardwood floors, spacious bedrooms and many custom built-ins. The many updates include furnace, new central A/C, water heater, plumbing and more. This home is just waiting for the next owner to love and cherish it for another fifty plus years! Call today for a tour!

Last Agent to Sell the Property

Michelle Jasinski

Weichert, REALTORS- Heartland Listed on: 10/08/2022

Weichert, REALTORS- Heartland

Last Buyer's Agent

Michelle Jasinski

Weichert, REALTORS- Heartland Listed on: 10/08/2022

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1905

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x186
  • Corner Lot
  • Additional Parcels

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Flex
  • Pitched Roof

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room
  • Storage Room
  • Utility Room

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fair Park Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1836201001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,218

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Grab Bars In Bathroom, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1905
  • Above Grade Finished Sq Ft: 1510
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Storage Space
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1672
  • Fireplace: No
  • Below Grade Finished Sq Ft: 162
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Deck, Patio, Porch, Utility Room, Storage, Flex Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Window,Patio,Porch

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100X186
  • Lot Size Sq Ft: 13939.2
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels Description: 1836201002
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1836201001
  • Tax Annual Amount: 2218
  • TaxWithAssessments: 2258.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2022
Closed on
Dec 15, 2022
Sold by
Schwichtenberg Suzanne R and Schwichtenberg Russell J
Bought by
Budde Charles P and Budde Leah B
Seller's Agent
Michelle Jasinski
Weichert, REALTORS- Heartland
Buyer's Agent
Michelle Jasinski
Weichert, REALTORS- Heartland
List Price
$269,900
Sold Price
$200,000
Premium/Discount to List
-$69,900
-25.9%
Views
36
Current Estimated Value
$262,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,047
Avg. Annual Appreciation
8.83%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Budde Charles P $200,000 Northstar Title
Budde Charles $200,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $200,000 -20.0% $120 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/29/2022 11/29/22 Price Changed $249,900 -7.4% $149 / Sq Ft
10/08/2022 10/08/22 For Sale $269,900 -- $161 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $2,484 $228,100 $34,800 $193,300
2024 $2,484 $201,300 $33,600 $167,700
2023 $2,408 $201,300 $33,600 $167,700
2022 $2,112 $210,100 $32,400 $177,700
2021 $1,942 $177,300 $27,600 $149,700
2020 $1,802 $164,600 $26,400 $138,200
2019 $1,566 $157,000 $21,600 $135,400
2018 $1,518 $138,600 $17,300 $121,300
2017 $1,432 $132,600 $15,400 $117,200
2016 $1,366 $123,300 $15,400 $107,900
2015 $1,058 $116,800 $11,500 $105,300
2014 -- $99,900 $14,400 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6269684

NorthstarMLS

APN: 18.36.2.01.001