NOT LISTED FOR SALE

2855 2nd Ave NW Faribault, MN 55021

Estimated Value: $292,000 - $353,000

3 Beds
2 Baths
2,726 Sq Ft
$121/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $280,000 $103 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,113/month

4 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Eat-In Kitchen
  • Great Room
  • The kitchen features windows
  • Living Room

About This Home

As of September 2021

Fantastic 3 bedroom 2 bath home located on the north edge of town, close to Hwy 3 with easy access to Hwy 21 and I-35. Home features 3 bedrooms and a bath on the main level along with the kitchen, dining room and sitting room. There is a large bonus room with fireplace and it's own private entrance! Lower level includes a family room, bathroom, laundry and a large flex room. There's lots of space for everyone.

Last Listed By

Sharon Kirk

Weichert, REALTORS- Heartland Listed on: 07/14/2021

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,572

Year Built

  • Built in 1952

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 115x231
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Flex

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Window Egress

Utilities

  • Hot Water Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1819150008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,572

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 1699
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Partial
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2726
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1027
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Great Room, Flex Room
  • SqFtTotal: 2771.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 624

Utilities

  • Heating: Hot Water
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Vaulted Ceiling(s)

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 115X231
  • Lot Size Sq Ft: 26571.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 1819150008
  • Tax Annual Amount: 1572
  • TaxWithAssessments: 1612.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Oct 6, 2021
Sold by
Frank Julia
Bought by
Frank Julia and Moe Jessica
Seller's Agent
Sharon Kirk
Weichert, REALTORS- Heartland
Buyer's Agent
Tara Walker
Keller Williams Premier Realty
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%
Total Days on Market
4
Current Estimated Value
$334,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,689
Avg. Annual Appreciation
4.58%
Original Mortgage
$220,000
Outstanding Balance
$202,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,455

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 30, 2021
Sold by
Erickson Benjamin H and Erickson Lisa L
Bought by
Frank Julia
Seller's Agent
Sharon Kirk
Weichert, REALTORS- Heartland
Buyer's Agent
Tara Walker
Keller Williams Premier Realty
List Price
$270,000
Sold Price
$280,000
Premium/Discount to List
$10,000
3.7%

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
$202,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$126,455

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
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 $35,250
Open Frank Julia $220,000
Previous Owner Erickson Benjamin J $172,800
Previous Owner Erickson Benjamin H $27,000
Closed Frank Julia Julia $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $280,000 +3.7% $103 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $270,000 -- $99 / 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 $3,100 $278,400 $65,600 $212,800
2024 $3,100 $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

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6024552

NorthstarMLS

APN: 18.19.1.50.008