NOT LISTED FOR SALE

28 3rd Ave SW Faribault, MN 55021

Estimated Value: $278,000 - $364,622

3 Beds
2 Baths
2,336 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $340,000 $146 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,060/month

5 Days on Market

Highlights

  • Deck
  • Home Office
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • 3-minute walk to North Alexander Park

About This Home

As of July 2022

This is a spectacular home! You will love the charm throughout with hardwood floors, natural woodwork,
main level and upper level sunrooms, huge kitchen with hard surface countertops and plenty of storage!
Nicely landscaped with perennials and mature trees.

Last Agent to Sell the Property

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 05/20/2022

Weichert, REALTORS- Heartland

Last Buyer's Agent

Paul Bernhard

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1930

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 165x66

Parking

  • 2 Car Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Daniel Faribaults Add/Faribau Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831301011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 1600
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 2336
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 736
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Sun Room, Office, Deck
  • SqFtTotal: 2400.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Block

Garage/Parking

  • Parking Features: Detached, Insulated Garage
  • Garage Square Feet: 720

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 165X66
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1831301011
  • Tax Annual Amount: 2446
  • TaxWithAssessments: 2486.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 14, 2022
Sold by
Johnson Ryan D and Johnson Charissa
Bought by
Kohl Bailey and Kohl Jacob
Seller's Agent
Lori Gustafson
Weichert, REALTORS- Heartland
Buyer's Agent
Paul Bernhard
Real Broker, LLC
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Current Estimated Value
$325,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,844
Avg. Annual Appreciation
-1.50%
Original Mortgage
$268,000
Outstanding Balance
$258,075
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$67,081

Purchase Details

Closed on
Nov 6, 2020
Sold by
Hutchinson Scott and Hutchinson Kristina
Bought by
Brooks Dale Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,700
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2015
Sold by
Hortop John John
Bought by
Johnson Ryan Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,400
Interest Rate
3.91%
Source: Public Records

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Range of Values:

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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
Kohl Bailey $340,000 Northstar Title
Brooks Dale Vernon $50,000 Trademark Title Services Inc
Johnson Ryan Ryan $182,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohl Bailey $268,000
Previous Owner Brooks Dale Vernon $153,700
Previous Owner Johnson Ryan Ryan $159,400
Previous Owner Hortop John H $164,253
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $340,000 +4.6% $146 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $325,000 -- $139 / Sq Ft
Source: NorthstarMLS

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 $3,056 $281,300 $56,600 $224,700
2024 $3,056 $273,200 $53,200 $220,000
2023 $2,746 $273,200 $53,200 $220,000
2022 $2,486 $237,500 $53,200 $184,300
2021 $2,402 $204,900 $42,900 $162,000
2020 $2,300 $198,100 $41,200 $156,900
2019 $2,108 $193,900 $41,200 $152,700
2018 $1,898 $178,000 $37,800 $140,200
2017 $1,944 $159,700 $34,300 $125,400
2016 $1,888 $158,400 $34,300 $124,100
2015 $1,836 $151,800 $27,500 $124,300
2014 -- $154,300 $34,300 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6197681

NorthstarMLS

APN: 18.31.3.01.011