2855 2nd Ave NW Faribault, MN 55021
Estimated Value: $286,000 - $344,000
3
Beds
2
Baths
2,726
Sq Ft
$118/Sq Ft
Est. Value
About This Home
This home is located at 2855 2nd Ave NW, Faribault, MN 55021 and is currently estimated at $322,754, approximately $118 per square foot. 2855 2nd Ave NW 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
Oct 6, 2021
Sold by
Frank Julia
Bought by
Frank Julia and Moe Jessica
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
$220,000
Outstanding Balance
$200,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$122,135
Purchase Details
Closed on
Sep 30, 2021
Sold by
Erickson Benjamin H and Erickson Lisa L
Bought by
Frank Julia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$200,619
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$122,135
Purchase Details
Closed on
Feb 27, 2008
Sold by
Meyer Weathers Emilie R
Bought by
Erickson Lisa and Erickson Benjamin
Purchase Details
Closed on
Mar 23, 2007
Sold by
Degroot Charles D and Degroot Robert A
Bought by
Weathers Meyer Emile R
Purchase Details
Closed on
Dec 14, 2001
Sold by
Korman James R and Korman P
Bought by
Degroot Charles and Degroot Robert
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frank Julia | -- | None Available | |
| Frank Julia | $280,000 | Legacy Title | |
| Erickson Lisa | $108,000 | -- | |
| Weathers Meyer Emile R | $149,350 | -- | |
| Degroot Charles | $107,000 | -- | |
| Frank Julia Julia | $280,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Frank Julia | $220,000 | |
| Closed | Frank Julia Julia | $220,000 |
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 | $3,100 | $278,400 | $65,600 | $212,800 |
| 2024 | $2,948 | $261,200 | $62,900 | $198,300 |
| 2023 | $2,654 | $261,200 | $62,900 | $198,300 |
| 2022 | $1,976 | $230,300 | $58,900 | $171,400 |
| 2021 | $1,612 | $155,700 | $45,500 | $110,200 |
| 2020 | $1,470 | $141,800 | $45,500 | $96,300 |
| 2019 | $1,282 | $133,500 | $42,800 | $90,700 |
| 2018 | $1,130 | $118,900 | $39,600 | $79,300 |
| 2017 | $1,140 | $106,100 | $31,700 | $74,400 |
| 2016 | $988 | $104,300 | $31,700 | $72,600 |
| 2015 | $938 | $94,900 | $26,400 | $68,500 |
| 2014 | -- | $92,900 | $26,400 | $66,500 |
Source: Public Records
Map
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