NOT LISTED FOR SALE

2000 7th St NW Faribault, MN 55021

Estimated Value: $102,000 - $111,500

1 Bed
1 Bath
440 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $85,000 $193 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $619/month

Highlights

  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Alexander Park
  • 1-Story Property

About This Home

As of October 2024

Sold Prior to Print.

Last Agent to Sell the Property

Lacie Nelson

eXp Realty Listed on: 05/21/2024

eXp Realty

Last Buyer's Agent

Lacie Nelson

eXp Realty Listed on: 05/21/2024

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1950

Lot Details

  • 5,184 Sq Ft Lot
  • Lot Dimensions are 90x60x100x50

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 440 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Paquins 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1836225001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,100

Year Built

Built in 1950

Lot Details

5,184 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 440
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 440
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 90x60x100x50
  • Lot Size Sq Ft: 5183.64
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1836225001
  • Tax Annual Amount: 1100
  • TaxWithAssessments: 1100.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Oct 11, 2024
Sold by
Good Guy Props Llc
Bought by
Borchert Jay
Seller's Agent
Lacie Nelson
eXp Realty
Buyer's Agent
Lacie Nelson
eXp Realty
List Price
$85,000
Sold Price
$85,000
Current Estimated Value
$105,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,375
Avg. Annual Appreciation
17.53%
Original Mortgage
$85,000
Outstanding Balance
$84,106
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$21,269

Purchase Details

Closed on
Jun 7, 2017
Sold by
Rumpho Cynthia
Bought by
Baynes Jeremy L and Gramse Russell M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2000
Sold by
Krenske Francis J and Krenske Laura J
Bought by
Mathias Belindy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Borchert Jay $85,000 --
Baynes Jeremy L $42,000 Edina Realty Title Inc
Mathias Belindy L $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borchert Jay $85,000
Previous Owner Baynes Jeremy L $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $85,000 0.0% $193 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $85,000 -- $193 / Sq Ft
Source: NorthstarMLS

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 $914 $109,300 $37,900 $71,400
2024 $914 $103,100 $36,600 $66,500
2023 $1,100 $103,100 $36,600 $66,500
2022 $1,008 $87,900 $35,300 $52,600
2021 $826 $74,800 $30,100 $44,700
2020 $624 $60,400 $28,700 $31,700
2019 $596 $45,700 $14,600 $31,100
2018 $356 $42,900 $14,600 $28,300
2017 $348 $40,300 $14,600 $25,700
2016 $386 $38,200 $14,600 $23,600
2015 $336 $41,300 $14,600 $26,700
2014 -- $37,400 $15,500 $21,900
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6540261

NorthstarMLS

APN: 18.36.2.25.001

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