28 3rd Ave SW Faribault, MN 55021
Estimated Value: $276,000 - $372,987
3
Beds
1
Bath
2,336
Sq Ft
$138/Sq Ft
Est. Value
About This Home
This home is located at 28 3rd Ave SW, Faribault, MN 55021 and is currently estimated at $321,497, approximately $137 per square foot. 28 3rd Ave SW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2022
Sold by
Johnson Ryan D and Johnson Charissa
Bought by
Kohl Bailey and Kohl Jacob
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
$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%
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Home Values in the Area
Average Home Value in this Area
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
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 | $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
Map
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