Seller's Agent in 2023
Nam Nguyen
Pemberton RE
(320) 493-7065
1 in this area
185 Total Sales
227 2nd St NW Faribault, MN 55021
Estimated Value: $369,422 - $412,000
5
Beds
3.5
Baths
3,803
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Forced Air Heating and Cooling System
- 2 Car Attached Garage
- Entrance Foyer
- 3-minute walk to North Alexander Park
About This Home
As of April 2023Enjoy the summer with a beautiful fenced in backyard! SPECTACULAR 5 BR 4 bath home that features a lower level apt with separate entry & new luxury laminate. Rent, or use for extra living space. Huge family room with fireplace, hardwood floors, tile, remarkable woodwork & attached garage with shop to work on all your hobbies. Brand new roof, window screens and garage door in June of 2022. House has a lot of charm and plenty of extra space for all your needs. Come check this one out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,422
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 66x108
- Vinyl Fence
Parking
- 2 Car Attached Garage
Home Design
- Wood Siding
- Steel Siding
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Dining Room
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Sump Pump
- Block Basement Construction
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- City/Faribault Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831126448
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
Apr 28, 2023
Sold by
Garrick Roni and Teigen Kari
Bought by
Powell Samuel and Powell Susan
Seller's Agent
Nam Nguyen
Pemberton RE
Buyer's Agent
Mario Mjelleli
Edina Realty, Inc.
List Price
$340,000
Sold Price
$342,500
Premium/Discount to List
$2,500
0.74%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,356
Avg. Annual Appreciation
5.23%
Original Mortgage
$325,375
Outstanding Balance
$316,668
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$76,188
Purchase Details
Listed on
Mar 10, 2023
Closed on
Apr 25, 2023
Sold by
Garrick Roni M and Garrick Kari P
Bought by
Powell Samuel and Powell Susan
Seller's Agent
Nam Nguyen
Pemberton RE
Buyer's Agent
Mario Mjelleli
Edina Realty, Inc.
List Price
$340,000
Sold Price
$342,500
Premium/Discount to List
$2,500
0.74%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,375
Outstanding Balance
$316,668
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$76,188
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Powell Samuel | $342,500 | -- | |
| Powell Samuel | $342,500 | Anaconda Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Powell Samuel | $325,375 | |
| Closed | Powell Samuel | $325,375 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2023 04/28/23 | Sold | $342,500 | +0.7% | $90 / Sq Ft | |
| 03/28/2023 03/28/23 | Pending | -- | -- | -- | |
| 03/17/2023 03/17/23 | For Sale | $340,000 | +53.8% | $89 / Sq Ft | |
| 10/04/2013 10/04/13 | Sold | $221,000 | -7.9% | $59 / Sq Ft | View Prior Sale |
| 09/09/2013 09/09/13 | Pending | -- | -- | -- | |
| 05/09/2013 05/09/13 | For Sale | $239,900 | -- | $64 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2025 | $4,148 | $369,200 | $46,800 | $322,400 |
| 2024 | $4,148 | $372,500 | $44,000 | $328,500 |
| 2023 | $4,202 | $372,500 | $44,000 | $328,500 |
| 2022 | $3,756 | $349,700 | $44,000 | $305,700 |
| 2021 | $3,422 | $296,200 | $35,500 | $260,700 |
| 2020 | $3,240 | $271,000 | $34,100 | $236,900 |
| 2019 | $2,988 | $262,200 | $34,100 | $228,100 |
| 2018 | $2,758 | $241,100 | $31,200 | $209,900 |
| 2017 | $2,714 | $219,500 | $28,400 | $191,100 |
| 2016 | $2,696 | $210,300 | $28,400 | $181,900 |
| 2015 | $2,516 | $205,100 | $22,700 | $182,400 |
| 2014 | -- | $201,600 | $28,400 | $173,200 |
Source: Public Records
Agents Affiliated with this Home
-
Nam Nguyen
-
Mario Mjelleli
Buyer's Agent in 2023
Mario Mjelleli
Edina Realty, Inc.
(507) 210-6881
16 in this area
47 Total Sales
-
L
Seller's Agent in 2013
Lori Gustafson
Weichert, REALTORS Heartland
Map
Source: NorthstarMLS
MLS Number: 6341315
APN: 18.31.1.26.448
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