NOT LISTED FOR SALE

23876 Cates Ave Faribault, MN 55021

Estimated Value: $551,000 - $707,000

2 Beds
4 Baths
2,265 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 23876 Cates Ave, Faribault, MN 55021 and is currently estimated at $601,309, approximately $265 per square foot. 23876 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
Jun 7, 2021
Sold by
Olson David B and Olson Ruth A
Bought by
Olson William D
Current Estimated Value
$601,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$325,935
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$275,374
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Olson William D $450,000 None Available
Olson William William $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson William D $360,000
Closed Olson William William $450,000
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 $4,148 $534,900 $157,000 $377,900
2024 $4,148 $492,300 $140,000 $352,300
2023 $3,980 $492,300 $140,000 $352,300
2022 $3,672 $452,500 $118,000 $334,500
2021 $3,618 $390,900 $105,700 $285,200
2020 $3,418 $378,100 $103,200 $274,900
2019 $3,342 $354,500 $103,200 $251,300
2018 $40 $345,200 $103,200 $242,000
2017 $3,200 $325,300 $103,200 $222,100
2016 $3,306 $325,000 $103,200 $221,800
2015 $3,216 $323,200 $103,200 $220,000
2014 -- $325,900 $103,200 $222,700
Source: Public Records

Map

Minnesota Rice County Faribault 55021

23876 Cates Ave, Faribault, MN

Not Listed for Sale

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