$309,000
SOLD NOV 8, 2024

3 2nd Ave SW Faribault, MN 55021

4 Beds
2.5 Baths
2,793 Sq Ft
0.27 Acres

Recently Sold

$111 Per Sq Ft

5% Below List Price

34 Days on Market

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 2024

Step 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!

Last Agent to Sell the Property

Benjamin Mains

Keller Williams Select Realty Listed on: 09/11/2024

Keller Williams Select Realty

Last Buyer's Agent

Rick Tonjum

Edina Realty, Inc.

Edina Realty, Inc.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,422

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2193
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric
  • Living Area: 2793
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 600
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Flex Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Other Structures: Additional Garage
  • PatioPorchType: Front Porch,Rear Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Walk-Up Attic

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 69x165
  • Lot Size Sq Ft: 11717.64
  • 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: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1831426019
  • Tax Annual Amount: 3422
  • TaxWithAssessments: 3422.0000

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%
Views
23
Current Estimated Value
$325,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,596
Avg. Annual Appreciation
5.66%
Original Mortgage
$308,000
Outstanding Balance
$304,911
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$20,685

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
$304,911
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$20,685

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
Source: Public Records

Range of Values:

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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 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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $3,552 $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

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Map

Source: NorthstarMLS

MLS Number: 6592691

NorthstarMLS

APN: 18.31.4.26.019