NOT LISTED FOR SALE

225 Central Ave N Faribault, MN 55021

Estimated Value: $316,029

2 Beds
-- Bath
1,980 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 225 Central Ave N, Faribault, MN 55021 and is currently estimated at $316,029, approximately $159 per square foot. 225 Central Ave N 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
Jan 6, 2023
Sold by
Faribo Downtown Central Llc
Bought by
Ristrom Matthew
Current Estimated Value
$316,029

Purchase Details

Closed on
Jul 15, 2022
Sold by
Palisades Group Llc
Bought by
Faribo Downtown Central Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2017
Sold by
Vesterby Real Estate Investment Llc
Bought by
Palisades Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 28, 2009
Sold by
Central Properties Llc
Bought by
Not Provided

Purchase Details

Closed on
Dec 27, 2002
Sold by
Huber Walter F
Bought by
Central Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ristrom Matthew $269,000 --
Faribo Downtown Central Llc $310,000 None Listed On Document
Palisades Group Llc $175,000 None Available
Not Provided $205,000 --
Central Properties Llc $655,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faribo Downtown Central Llc $1,800,000
Previous Owner Palisades Group Llc $131,250
Source: Public Records

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 $3,812 $227,500 $49,600 $177,900
2024 $3,812 $197,400 $37,800 $159,600
2023 $3,140 $197,400 $37,800 $159,600
2022 $3,398 $179,000 $29,500 $149,500
2021 $3,220 $170,000 $19,700 $150,300
2020 $3,102 $166,800 $19,700 $147,100
2019 $2,546 $163,800 $19,700 $144,100
2018 $2,414 $133,600 $19,700 $113,900
2017 $3,392 $122,600 $19,700 $102,900
2016 $3,340 $128,300 $19,700 $108,600
2015 $3,524 $128,300 $19,700 $108,600
2014 -- $129,500 $19,700 $109,800
Source: Public Records

Map

Minnesota Rice County Faribault 55021

225 Central Ave N, Faribault, MN

Not Listed for Sale

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