$140,000
SOLD AUG 30, 2024

2038 Legacy Dr Faribault, MN 55021

0.32 Acre
$437,500 Price per Acre
13,939 Sq Ft Lot

Recently Sold

155% Above List Price

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 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)

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

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets,Public Road,Sidewalks
  • 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
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

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

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
248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
294.24%
Original Mortgage
$140,000
Outstanding Balance
$139,020
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$329,145

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:

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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 Type Sale Price Title Company
Deed $140,000 --
Warranty Deed $208,530 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $140,000 New Conventional
Closed $105,750 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $693,025 +395.0% $223 / 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 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 $792 $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

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Map

Source: NorthstarMLS

MLS Number: 6154170

NorthstarMLS

APN: 18.29.1.26.002