$155,000
SOLD NOV 1, 2024

21 7th St NW Faribault, MN 55021

3 Beds
1 Bath
1,008 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$154 Per Sq Ft

14% Below List Price

117 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Combination Kitchen and Dining Room
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

Welcome home to this 3bed, 1 bath, large wrap around porch. Newer paint and some flooring. Move in ready, with 2 car garage. Don't wait, this will be gone soon.

Last Agent to Sell the Property

Scott Nelson

Edina Realty, Inc. Listed on: 06/06/2024

Edina Realty, Inc.

Last Buyer's Agent

Scott Nelson

Edina Realty, Inc. Listed on: 06/06/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,512

Year Built

  • Built in 1873

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 82.5x66

Parking

  • 2 Car Garage

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • City/Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831126056

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,512

Year Built

Built in 1873

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1873
  • Above Grade Finished Sq Ft: 1008
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 16x30
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 1008
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Front Porch,Side Porch

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 82.5x66
  • Lot Size Sq Ft: 5662.8
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1831126056
  • Tax Annual Amount: 1512
  • TaxWithAssessments: 1512.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Nov 1, 2024
Sold by
Woo Kit and Woo Lai
Bought by
Nelson Jacob
Seller's Agent
Scott Nelson
Edina Realty, Inc.
Buyer's Agent
Scott Nelson
Edina Realty, Inc.
List Price
$179,900
Sold Price
$155,000
Premium/Discount to List
-$24,900
-13.84%
Views
92
Current Estimated Value
$163,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,323
Avg. Annual Appreciation
4.24%
Original Mortgage
$154,500
Outstanding Balance
$153,581
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$6,851
Source: Public Records

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Range of Values:

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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 $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $154,500 New Conventional
Closed -- Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Sold $155,000 -6.1% $154 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $165,000 -8.3% $164 / Sq Ft
06/20/2024 06/20/24 For Sale $179,900 +16.1% $178 / Sq Ft
06/07/2024 06/07/24 Off Market $155,000 -- --
06/07/2024 06/07/24 For Sale $179,900 -- $178 / Sq Ft
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 $1,756 $147,600 $44,900 $102,700
2024 $1,756 $126,400 $34,300 $92,100
2023 $1,450 $126,400 $34,300 $92,100
2022 $1,378 $116,800 $33,000 $83,800
2021 $1,266 $103,500 $27,700 $75,800
2020 $1,122 $94,300 $27,700 $66,600
2019 $970 $84,800 $26,400 $58,400
2018 $966 $71,800 $23,800 $48,000
2017 $912 $69,600 $23,800 $45,800
2016 $912 $63,400 $21,100 $42,300
2015 $1,062 $62,000 $21,100 $40,900
2014 -- $67,300 $26,400 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6550110

NorthstarMLS

APN: 18.31.1.26.056