20188 Gates Ave Faribault, MN 55021
Estimated Value: $367,000
4
Beds
3
Baths
1,848
Sq Ft
$199/Sq Ft
Est. Value
About This Home
This home is located at 20188 Gates Ave, Faribault, MN 55021 and is currently priced at $367,000, approximately $198 per square foot. 20188 Gates 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 16, 2022
Sold by
Newman Transport Llc
Bought by
Newman Joseph A and Newman Marsha J
Current Estimated Value
Purchase Details
Closed on
Nov 1, 2017
Sold by
Schulz Leonard D and Schulz Mary V
Bought by
Newman Joseph A and Newman Marsha J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.83%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newman Joseph A | $3,000 | Korman Debbie A | |
| Newman Joseph A | $240,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Newman Joseph A | $228,000 |
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 |
|---|---|---|---|---|
| 2022 | $3,082 | $413,900 | $106,000 | $307,900 |
| 2021 | $2,992 | $370,200 | $94,900 | $275,300 |
| 2020 | $2,648 | $359,100 | $92,400 | $266,700 |
| 2019 | $2,582 | $328,900 | $92,400 | $236,500 |
| 2018 | $2,080 | $318,700 | $92,400 | $226,300 |
| 2017 | $2,182 | $295,000 | $99,600 | $195,400 |
| 2016 | $2,182 | $294,600 | $99,600 | $195,000 |
| 2015 | $2,070 | $280,700 | $99,600 | $181,100 |
| 2014 | -- | $278,200 | $99,600 | $178,600 |
Source: Public Records
Map
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