23604 Cates Ave Faribault, MN 55021
Estimated Value: $914,000 - $976,000
4
Beds
4
Baths
5,300
Sq Ft
$178/Sq Ft
Est. Value
About This Home
This home is located at 23604 Cates Ave, Faribault, MN 55021 and is currently estimated at $940,870, approximately $177 per square foot. 23604 Cates Ave is a home located in Rice County with nearby schools including Medford Elementary School, Medford Secondary School, and Parkside Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2021
Sold by
Belgarde Suzette B
Bought by
Mollonhauer Nathan J and Mollonhauer Tanya K
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$494,205
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$446,665
Purchase Details
Closed on
Aug 20, 2015
Sold by
Gill John John
Bought by
Belgrade Suzette Suzette
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mollonhauer Nathan J | $735,000 | Titlesmart Inc | |
| Belgrade Suzette Suzette | $524,900 | -- | |
| Mollenhauer Nathan Nathan | $735,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mollonhauer Nathan J | $548,250 | |
| Closed | Mollenhauer Nathan Nathan | $531,984 |
Source: Public Records
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 | $7,528 | $879,200 | $149,000 | $730,200 |
| 2024 | $7,362 | $833,300 | $132,500 | $700,800 |
| 2023 | $7,480 | $833,300 | $132,500 | $700,800 |
| 2022 | $7,380 | $798,200 | $112,000 | $686,200 |
| 2021 | $7,278 | $740,100 | $100,300 | $639,800 |
| 2020 | $6,630 | $718,000 | $97,800 | $620,200 |
| 2019 | $6,390 | $653,800 | $97,800 | $556,000 |
| 2018 | $5,778 | $629,200 | $97,800 | $531,400 |
| 2017 | $5,464 | $568,800 | $97,800 | $471,000 |
| 2016 | $5,586 | $539,300 | $97,800 | $441,500 |
| 2015 | $5,394 | $532,000 | $97,800 | $434,200 |
| 2014 | -- | $532,500 | $97,800 | $434,700 |
Source: Public Records
Map
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