NOT LISTED FOR SALE

227 2nd St NW Faribault, MN 55021

Estimated Value: $354,000 - $399,000

4 Beds
3 Baths
3,758 Sq Ft
$97/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2013

Last sale price $221,000 $59 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,320 / mo

123 Days on Market

Highlights

  • Vaulted Ceiling
  • Porch
  • Woodwork
  • Wood Flooring
  • 2 Car Attached Garage
  • 3-minute walk to North Alexander Park

About This Home

As of October 2013

Enjoy the summer barbeques from your backyard patio!SPECTACULAR home that features lower level apt. with rental license, or use for extra living space, gigantic family room with fireplace, hardwood, tile, remarkable wood work, attached garage with shop.

Last Agent to Sell the Property

Lori Gustafson

Weichert, REALTORS Heartland Listed on: 05/09/2013

Weichert, REALTORS Heartland

Last Buyer's Agent

Lori Gustafson

Weichert, REALTORS Heartland Listed on: 05/09/2013

Weichert, REALTORS Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,222

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 66x101

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 1831126448

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,222

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Patio, Porch
  • Estimated Number of Acres: 0.16
  • Parcel Number: 1831126448
  • Property Adjoins Public Land: Yes
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Main Floor 3/4 Bath, Upper Level Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Bedroom, 15x13, On Level: Upper
  • Room 2: Bedroom, 11x11, On Level: Upper
  • Room 3: Bedroom, 13x12, On Level: Upper
  • Room 5: Dining Room, 15x13, On Level: Main
  • Room 6: Family Room, 21x13, On Level: Main
  • Room 7: 14x12, On Level: Main
  • Room 9: Kitchen, 30x25, On Level: Main
  • Room 11: Laundry Room, 15x9, On Level: Main
  • Room 12: Living Room, 18x14, On Level: Main
  • Room 15: Other, 30x9, On Level: Upper
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2858
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 3758
  • Total Square Footage: 4017

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 66x101

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2013
  • Tax Value: 2222

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Garrick Roni and Teigen Kari
Bought by
Powell Samuel and Powell Susan
Current Estimated Value
$366,046

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
$313,925
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$52,121

Purchase Details

Closed on
Apr 25, 2023
Sold by
Garrick Roni M and Garrick Kari P
Bought by
Powell Samuel and Powell Susan

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
$313,925
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$52,121
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
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
10/04/2013 10/04/13 Sold $221,000 -7.9% $59 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $239,900 -- $64 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,396 $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

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4480152

REALTOR® Association of Southern Minnesota

APN: 18.31.1.26.448

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