23876 Cates Ave Faribault, MN 55021
Estimated Value: $530,000 - $581,284
2
Beds
4
Baths
2,265
Sq Ft
$242/Sq Ft
Est. Value
About This Home
This home is located at 23876 Cates Ave, Faribault, MN 55021 and is currently estimated at $547,571, approximately $241 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
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
$320,924
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$226,647
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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
| 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 | $4,250 | $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
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