3 2nd Ave SW Faribault, MN 55021
4
Beds
2.5
Baths
2,793
Sq Ft
0.27
Acres
Highlights
- No HOA
- Living Room
- Electric Fireplace
- The kitchen features windows
- Forced Air Heating and Cooling System
- 2-minute walk to Faribault Parks & Recreation
About This Home
As of November 2024Step into this charming 4-bedroom, 3-bathroom Victorian-style that beautifully blends timeless character with modern updates. Close to the main strip in downtown Faribault, this spacious layout offers an updated kitchen perfect for entertaining, while three generously sized bedrooms are conveniently located on one level for easy living. Outside, you’ll find a huge detached 2-car garage, offering plenty of space for parking and storage. Relax and enjoy the outdoors on the inviting covered porch, perfect for morning coffee or evening gatherings. Recent updates throughout the home enhance its appeal, while preserving its historic charm. With a price that's truly a steal, this home is ready for its new owners to move in and make it their own. Don’t miss the opportunity to own this gem at an unbeatable value!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,422
Year Built
- Built in 1900
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 69x165
Parking
- 2 Car Garage
Home Design
- Flex
Interior Spaces
- 2-Story Property
- Electric Fireplace
- Living Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Southern Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831426019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 11, 2024
Closed on
Nov 8, 2024
Sold by
White Carl Thomas
Bought by
Ramsey Cole J and Ramsey Samantha M
Seller's Agent
Benjamin Mains
Keller Williams Select Realty
Buyer's Agent
Rick Tonjum
Edina Realty, Inc.
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Total Days on Market
34
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,377
Avg. Annual Appreciation
3.35%
Original Mortgage
$308,000
Outstanding Balance
$306,475
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$9,012
Purchase Details
Listed on
Sep 11, 2024
Closed on
Nov 6, 2024
Sold by
White Dianne K
Bought by
White Carl Thomas
Seller's Agent
Benjamin Mains
Keller Williams Select Realty
Buyer's Agent
Rick Tonjum
Edina Realty, Inc.
List Price
$325,000
Sold Price
$309,000
Premium/Discount to List
-$16,000
-4.92%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Outstanding Balance
$306,475
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$9,012
Purchase Details
Closed on
Sep 3, 2019
Sold by
White Carl H and White Dianne
Bought by
White Carl Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.8%
Mortgage Type
Seller Take Back
Similar Homes in Faribault, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $309,000 | None Listed On Document | |
| Deed | $309,000 | -- | |
| Warranty Deed | $207,000 | None Listed On Document | |
| Warranty Deed | $207,000 | None Listed On Document | |
| Contract Of Sale | $207,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $308,000 | New Conventional | |
| Closed | $278,100 | New Conventional | |
| Previous Owner | $190,000 | Seller Take Back | |
| Previous Owner | $160,000 | VA | |
| Previous Owner | $134,309 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2024 11/08/24 | Sold | $309,000 | -0.3% | $111 / Sq Ft |
| 10/17/2024 10/17/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $309,900 | -4.6% | $111 / Sq Ft |
| 09/13/2024 09/13/24 | For Sale | $325,000 | -- | $116 / Sq Ft |
Source: NorthstarMLS
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 | $3,552 | $322,500 | $60,300 | $262,200 |
| 2024 | $3,552 | $299,100 | $56,700 | $242,400 |
| 2023 | $3,344 | $299,100 | $56,700 | $242,400 |
| 2022 | $3,078 | $283,600 | $56,700 | $226,900 |
| 2021 | $3,022 | $247,600 | $45,700 | $201,900 |
| 2020 | $2,860 | $242,300 | $43,900 | $198,400 |
| 2019 | $2,662 | $234,600 | $43,900 | $190,700 |
| 2018 | $2,364 | $217,700 | $40,200 | $177,500 |
| 2017 | $2,246 | $192,100 | $36,600 | $155,500 |
| 2016 | $2,186 | $178,800 | $36,600 | $142,200 |
| 2015 | $2,096 | $171,500 | $29,200 | $142,300 |
| 2014 | -- | $172,400 | $36,600 | $135,800 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Mains
Seller's Agent in 2024
Benjamin Mains
Keller Williams Select Realty
(651) 271-7472
2 in this area
71 Total Sales
-
Rick Tonjum
Buyer's Agent in 2024
Rick Tonjum
Edina Realty, Inc.
87 in this area
156 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6592691
APN: 18.31.4.26.019
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