NOT LISTED FOR SALE

25990 Gates Ave Faribault, MN 55021

Estimated Value: $592,000 - $619,960

4 Beds
2.5 Baths
2,868 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $285,000 $99 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,188/month

86 Days on Market

Highlights

  • Barn
  • Deck
  • Formal Dining Room
  • Above Ground Pool
  • Workshop
  • 2 Car Attached Garage

About This Home

As of December 2014

Enjoy this tranquil setting nestled back in the tree lined acreage. Remodeled top to bottom incl. new foundation. 50x30 barn w/upstairs workshop,28' pool. Pool house w/ wet bar, loft and screened area. Playhouse. Deck w/ hot tub.Includes new septic!

Last Agent to Sell the Property

Lori Davies

ERA Gillespie Real Estate Listed on: 08/06/2014

Co-Listed By

NON-RMLS NON-RMLS

Non-MLS

Last Buyer's Agent

Lori Davies

ERA Gillespie Real Estate Listed on: 08/06/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1884

Lot Details

  • 5.1

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Workshop
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • 5.1 Acre Lot
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 1525475002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,180

Year Built

Built in 1884

Lot Details

5.1 Acres

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 5.1
  • Construction: Previously Owned
  • Foundation Size: 1184
  • Parcel Number: 1525475002
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Total Bedrooms: 4
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 12x26, On Level: Main
  • Room 2: Dining Room, 17x12, On Level: Main
  • Room 3: Family Room, 25x11, On Level: Lower
  • Room 4: Kitchen, 17x11, On Level: Main
  • Room 5: Bedroom, 17x13, On Level: Upper
  • Room 6: Bedroom, 13x9, On Level: Upper
  • Room 7: 13x9, On Level: Upper
  • Room 8: Bedroom, 12x9, On Level: Lower
  • Room 9: 3 Season Porch, 14x12, On Level: Main
  • Room 10: Den/Office, 11x10, On Level: Main
  • Room 11: Laundry Room, 9x9, On Level: Main
  • Room 12: Rec Room, 25x10, On Level: Lower
  • Room 13: Deck, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1844
  • Below Grade Finished Sq Ft: 1024
  • Total Fin Square Footage: 2868

Exterior Features

  • Exterior: Vinyl
  • Out Buildings: Barn, Workshop
  • Pool: Above Ground
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Fireplace, Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 5.1 Acres

Building Info

  • Year Built: 1884

Tax Info

  • Year: 2014
  • Tax Value: 2180

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Dec 8, 2014
Sold by
Rudningen John John
Bought by
Onstad Michael Michael
Seller's Agent
Lori Davies
ERA Gillespie Real Estate
Buyer's Agent
Lori Davies
ERA Gillespie Real Estate
List Price
$309,900
Sold Price
$285,000
Premium/Discount to List
-$24,900
-8.03%
Current Estimated Value
$559,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,302
Avg. Annual Appreciation
7.02%
Original Mortgage
$285,000
Outstanding Balance
$215,676
Interest Rate
3.91%
Estimated Equity
$396,814
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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Purchase History

Date Buyer Sale Price Title Company
Onstad Michael Michael $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Onstad Michael Michael $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2014 12/08/14 Sold $285,000 -8.0% $99 / Sq Ft
10/31/2014 10/31/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $309,900 -- $108 / 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 $3,330 $465,400 $125,000 $340,400
2024 $3,330 $431,900 $110,000 $321,900
2023 $3,152 $431,900 $110,000 $321,900
2022 $2,982 $399,900 $94,000 $305,900
2021 $2,868 $357,100 $84,100 $273,000
2020 $2,566 $343,700 $81,600 $262,100
2019 $2,488 $318,200 $81,600 $236,600
2018 $2,352 $306,700 $81,600 $225,100
2017 $2,488 $286,700 $81,600 $205,100
2016 $2,536 $282,500 $81,600 $200,900
2015 $2,016 $280,900 $81,600 $199,300
2014 -- $236,400 $81,600 $154,800
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4660189

REALTOR® Association of Southern Minnesota

APN: 15.25.4.75.002

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