227 3rd Ave NE Faribault, MN 55021
Estimated payment $1,256/month
3
Beds
2
Baths
1,222
Sq Ft
$172
Price per Sq Ft
Highlights
- Main Floor Primary Bedroom
- Corner Lot
- The kitchen features windows
- 1 Fireplace
- No HOA
- Soaking Tub
About This Home
Prepare to be captivated by this lovely home that offers an ideal combination of location, spaciousness, and modern updates. This beautifully appointed residence features three bedrooms and two bathrooms, complemented by an oversized garage that provides ample storage and convenience. As you step inside, you'll be greeted by a seamless open-concept living and dining area, perfect for hosting gatherings with family and friends. The bright and airy kitchen boasts sleek stainless steel appliances, generous counter space for meal preparation, and an abundance of natural light that fills the room, creating a warm and inviting atmosphere. The main level is home to a serene primary bedroom that serves as a private retreat. This level is complete with a large full bathroom outfitted with a luxurious soaking tub and a spacious walk-in shower, offering a perfect oasis for relaxation after a long day. Ascending to the upper level, you'll discover a generously sized landing area that can easily transform into a cozy family room, a fun gaming zone, a productive home office, or whatever suits your lifestyle. This level also includes two sizable bedrooms and a convenient 3⁄4 bathroom, ensuring comfort and functionality for everyone. The lower level serves as a valuable storage area and houses the laundry facilities, featuring a state-of-the-art on-demand water heater for ultimate efficiency. Step outside to the expansive, fenced yard, an ideal setting for gatherings around the fire pit, where laughter and memories with family and friends come to life. A newly added storage shed offers even more functionality. This delightful home is the perfect choice for first-time buyers and is bound to attract attention. Don’t miss your chance to experience it—schedule a visit today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,876
Year Built
- Built in 1935
Lot Details
- 7,797 Sq Ft Lot
- Lot Dimensions are 99x90x65.6x100
- Chain Link Fence
- Corner Lot
Parking
- 1 Car Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1,222 Sq Ft Home
- 1.5-Story Property
- 1 Fireplace
- Family Room
- Combination Dining and Living Room
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Soaking Tub
Laundry
- Dryer
- Washer
Basement
- Partial Basement
- Natural lighting in basement
Outdoor Features
- Patio
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Boiler Heating System
- Water Softener is Owned
Community Details
- No Home Owners Association
- City/Faribault Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831126307
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,916 | $196,400 | $58,300 | $138,100 |
| 2024 | $1,916 | $165,200 | $47,400 | $117,800 |
| 2023 | $1,738 | $165,200 | $47,400 | $117,800 |
| 2022 | $1,512 | $159,700 | $49,200 | $110,500 |
| 2021 | $1,330 | $134,900 | $38,300 | $96,600 |
| 2020 | $1,692 | $121,600 | $36,500 | $85,100 |
| 2019 | $1,572 | $119,500 | $36,500 | $83,000 |
| 2018 | $1,464 | $109,000 | $32,800 | $76,200 |
| 2017 | $1,490 | $98,700 | $32,800 | $65,900 |
| 2016 | $1,420 | $97,300 | $32,800 | $64,500 |
| 2015 | $1,378 | $90,000 | $25,500 | $64,500 |
| 2014 | -- | $86,900 | $25,500 | $61,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | For Sale | $210,000 | +7.7% | $172 / Sq Ft | |
| 10/24/2023 10/24/23 | Sold | $194,900 | 0.0% | $159 / Sq Ft | View Prior Sale |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- | |
| 09/18/2023 09/18/23 | Price Changed | $194,900 | -2.5% | $159 / Sq Ft | |
| 09/06/2023 09/06/23 | For Sale | $199,900 | +73.8% | $164 / Sq Ft | |
| 06/14/2013 06/14/13 | Sold | $115,000 | 0.0% | $106 / Sq Ft | View Prior Sale |
| 05/10/2013 05/10/13 | Pending | -- | -- | -- | |
| 04/24/2013 04/24/13 | For Sale | $115,000 | -- | $106 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $194,900 | -- | |
| Warranty Deed | $146,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,400 | New Conventional | |
| Previous Owner | $147,979 | New Conventional |
Source: Public Records
About the Listing Agent
*"With 19 years of real estate experience across Minnesota, I’ve successfully guided clients through every market condition and every property type—lakefront homes, rural retreats, suburban neighborhoods, and downtown condos. I know what it takes to position a property so it stands out, attracts qualified buyers, and secures the best possible price in the shortest amount of time.
My approach blends strategic marketing with personalized service. From professional photography and
Michelle's Other Listings
Source: NorthstarMLS
MLS Number: 6813891
APN: 18.31.1.26.307
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