NOT LISTED FOR SALE

1848 Patricks Bay Faribault, MN 55021

Estimated Value: $357,000 - $365,000

4 Beds
2 Baths
2,225 Sq Ft
$162/Sq Ft Est. Value

About This Home

This home is located at 1848 Patricks Bay, Faribault, MN 55021 and is currently estimated at $360,947, approximately $162 per square foot. 1848 Patricks Bay is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2020
Sold by
Vien Lien and Mai Thanh D
Bought by
Hassan Ahmed and Daoud Amina
Current Estimated Value
$360,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,920
Outstanding Balance
$199,711
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$161,236

Purchase Details

Closed on
Jun 26, 2015
Sold by
Nagel Nicolas Nicolas
Bought by
Mai Thanh Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
4.02%

Purchase Details

Closed on
Mar 25, 2008
Sold by
Petersen Robert P and Petersen Carrie L
Bought by
Nagel Nicholas and Freman Angela

Purchase Details

Closed on
May 29, 1997
Sold by
Farmer Timothy S and Farmer Tonya J D
Bought by
Petersen Robert Paul
Source: Public Records

Range of Values:

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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
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
Hassan Ahmed $279,900 Trademark Title Services Inc
Mai Thanh Thanh $206,600 --
Nagel Nicholas $220,000 --
Petersen Robert Paul $135,900 --
Hassan Ahmed Ahmed $279,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassan Ahmed $223,920
Previous Owner Mai Thanh Thanh $161,600
Closed Hassan Ahmed Ahmed $223,920
Source: Public Records

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 $3,772 $336,300 $75,600 $260,700
2024 $3,772 $305,300 $69,100 $236,200
2023 $3,418 $305,300 $69,100 $236,200
2022 $3,014 $289,200 $69,100 $220,100
2021 $2,868 $243,000 $56,100 $186,900
2020 $2,690 $231,400 $49,700 $181,700
2019 $2,518 $222,300 $48,500 $173,800
2018 $2,616 $207,500 $44,100 $163,400
2017 $2,520 $209,600 $47,600 $162,000
2016 $2,608 $197,300 $45,100 $152,200
2015 $2,368 $191,500 $45,100 $146,400
2014 -- $191,300 $45,100 $146,200
Source: Public Records

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