NOT LISTED FOR SALE

2038 Legacy Dr Faribault, MN 55021

Estimated Value: $54,000 - $733,000

1.36 Acres
$378,193 Price per Acre
59,242 Sq Ft Lot

Sale Details

Date Sold: August 30, 2024

Last sale price $140,000

Est. 267% increase in value since last sale

Current estimated payment $2,798 / mo

928 Days on Market

About This Lot

As of August 2024

This large possibly a walk out lot with a stunning view overlooking the 8th Green and the Legacy Golf Course. Adjacent lot available for purchase on north side if you want a larger parcel for more privacy and space. Located near Shattuck St. Mary's school, downtown historic Faribault, and MSAD. Only 5 mins to I35 for commuters to the Twin Cities. Open builder. Investors/builders this is a choice lot for a spec home too! Oh the possibilities! Take a drive by today!

Last Agent to Sell the Property

Lucinda DeSormeau

eXp Realty Brokerage Phone: 920-676-5867 Listed on: 02/14/2022

eXp Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $712

Lot Details

  • Lot Dimensions are 90x154x90x154
  • Finished Lot(s)
  • Additional Land
  • Additional Parcels

Community Details

  • No Home Owners Association
  • Green View Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1829126002

Property Details

Property Type

Land

Est. Annual Taxes

$712

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Sidewalks
  • Attribution Contact: 920-676-5867
  • Attribution Contact: 920-676-5867
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: For Sale Sign

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: Level,Rolling,Sloped,Walkout
  • Lot Size: 90x154x90x154
  • Land Lease: No
  • Lot Features: Additional Land Available
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • All Program Acres: 0.0000

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1829126002
  • Tax Annual Amount: 712
  • TaxWithAssessments: 712.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2022
Closed on
Aug 30, 2024
Sold by
Shattuck-St Marys School
Bought by
Johnson Reiland Builders & Remodelers I
Seller's Agent
Lucinda DeSormeau
eXp Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$54,900
Sold Price
$140,000
Premium/Discount to List
$85,100
155.01%
Views
243
Current Estimated Value
$514,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,343
Avg. Annual Appreciation
116.96%
Original Mortgage
$140,000
Outstanding Balance
$137,466
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$376,877

Purchase Details

Closed on
May 14, 2007
Sold by
Legacy Land Development Co
Bought by
Shattuck St Marys School
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
Johnson Reiland Builders & Remodelers I $140,000 --
Shattuck St Marys School $208,530 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Reiland Builders & Remodelers I $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Pending -- -- --
08/30/2024 08/30/24 Sold $140,000 +155.0% --
01/04/2024 01/04/24 For Sale $54,900 -60.8% --
01/01/2024 01/01/24 Off Market $140,000 -- --
02/14/2022 02/14/22 For Sale $54,900 -- --
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 $856 $58,000 $58,000 $0
2024 $792 $50,400 $50,400 $0
2023 $712 $50,400 $50,400 $0
2022 $718 $48,900 $48,900 $0
2021 $512 $45,800 $45,800 $0
2020 $584 $32,500 $32,500 $0
2019 $654 $37,700 $37,700 $0
2018 $672 $41,500 $41,500 $0
2017 $696 $41,500 $41,500 $0
2016 $708 $41,500 $41,500 $0
2015 $674 $41,500 $41,500 $0
2014 -- $41,500 $41,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucinda DeSormeau

    Seller's Agent in 2024

    Lucinda DeSormeau

    eXp Realty

    (920) 676-5867

    4 in this area

    13 Total Sales

    Lucinda DeSormeau
    Section Image

  • N

    Buyer's Agent in 2024

    NON-RMLS NON-RMLS

    Non-MLS

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Map

Source: NorthstarMLS

MLS Number: 6154170

NorthstarMLS

APN: 18.29.1.26.002

Minnesota Rice County Faribault 55021

2038 Legacy Dr, Faribault, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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