1905 Prairie Ave SW Faribault, MN 55021
Estimated Value: $422,000 - $463,000
4
Beds
3
Baths
1,725
Sq Ft
$259/Sq Ft
Est. Value
About This Home
This home is located at 1905 Prairie Ave SW, Faribault, MN 55021 and is currently estimated at $446,940, approximately $259 per square foot. 1905 Prairie Ave SW 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
Jun 15, 2018
Sold by
Hanson Mervin Mervin
Bought by
Miley Robert Robert and Miley Kathleen Kathleen
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
$256,000
Outstanding Balance
$219,468
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$227,472
Purchase Details
Closed on
Oct 31, 2013
Sold by
Rick Cashin Construction Inc
Bought by
Hanson Mervin and Hanson Carole R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.24%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Miley Robert Robert | $320,000 | -- | |
Milley Robert K | $320,000 | None Available | |
Hanson Mervin | $250,412 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Milley Robert K | $256,000 | |
Closed | Miley Robert Robert | $256,000 | |
Previous Owner | Hanson Mervin | $224,000 |
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 | $5,098 | $439,000 | $71,500 | $367,500 |
2024 | $5,098 | $417,600 | $67,700 | $349,900 |
2023 | $4,692 | $417,600 | $67,700 | $349,900 |
2022 | $4,242 | $387,500 | $67,700 | $319,800 |
2021 | $4,212 | $331,200 | $56,400 | $274,800 |
2020 | $3,938 | $327,300 | $50,800 | $276,500 |
2019 | $3,534 | $313,100 | $48,900 | $264,200 |
2018 | $3,550 | $280,200 | $45,200 | $235,000 |
2017 | $3,432 | $274,700 | $43,300 | $231,400 |
2016 | $3,384 | $258,700 | $41,400 | $217,300 |
2015 | $3,282 | $250,600 | $41,400 | $209,200 |
2014 | -- | $254,700 | $41,400 | $213,300 |
Source: Public Records
Map
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