Seller's Agent in 2023
Rick Thram
Edina Realty, Inc.
(952) 451-2900
1 in this area
46 Total Sales
305 2nd St NW Faribault, MN 55021
Estimated Value: $474,000 - $620,000
6
Beds
8
Baths
7,098
Sq Ft
$77/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- No HOA
- Central Air
- Corner Lot
- Home Office
- 3-minute walk to North Alexander Park
About This Home
As of January 2023The Historic Hutchinson House in Faribault! This is an absolutely stunning late 19th century Victorian home that just oozes charm and historic reference! Having been run as a bed and breakfast for many years, the home is perfect for carrying on as a successful B&B (license in place) or simply as a phenomenal single-family residence! Home office or small business options too (currently zoned for up to one employee)! Lovingly restored, this architectural masterpiece features ornate woodwork, freshly restored inlaid hardwood floors, pocket doors and stained glass windows too! Currently on the NationalHistoric Registry! Hurry to view this phenomenal home!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,810
Year Built
- Built in 1892
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 82 x 165
- Corner Lot
Parking
- 2 Car Garage
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- 3 Fireplaces
- Home Office
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
- Stone or Rock in Basement
Utilities
- Central Air
- Hot Water Heating System
- Boiler Heating System
- Radiant Heating System
Community Details
- No Home Owners Association
- City/Faribault Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831126433
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2022
Closed on
Jan 19, 2023
Sold by
Anderson Dana and Anderson Olena
Bought by
Anderson Joshua and Anderson Emily
Seller's Agent
Rick Thram
Edina Realty, Inc.
Buyer's Agent
Darcy Ihrke
Berkshire Hathaway Advantage Real Estate
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Views
38
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
$93,403
Avg. Annual Appreciation
4.08%
Original Mortgage
$445,000
Interest Rate
6.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 2, 2019
Sold by
Schluter Douglas C and Schluter Tamara S
Bought by
Anderson Dana and Anderson Olena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2007
Sold by
Usdansky Steven I and Smith Janet Y
Bought by
Schluter Douglas C and Schluter Tamara S
Purchase Details
Closed on
Nov 4, 1999
Sold by
Malone Joseph M and Malone Claudia J
Bought by
Usdansky Steven I and Smith Janet
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderson Joshua | $455,000 | -- | |
| Anderson Dana | $415,000 | None Available | |
| Schluter Douglas C | $407,000 | -- | |
| Usdansky Steven I | $289,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anderson Joshua M | $420,000 | |
| Closed | Anderson Joshua | $445,000 | |
| Closed | Anderson Joshua Michael | $405,000 | |
| Previous Owner | Anderson Dana | $332,000 | |
| Previous Owner | Schluter Douglas C | $310,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2023 01/19/23 | Sold | $455,000 | -9.0% | $64 / Sq Ft |
| 11/18/2022 11/18/22 | Pending | -- | -- | -- |
| 07/01/2022 07/01/22 | Price Changed | $499,900 | -4.8% | $70 / Sq Ft |
| 05/24/2022 05/24/22 | For Sale | $525,000 | -- | $74 / 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 | $6,094 | $494,300 | $65,400 | $428,900 |
| 2024 | $6,094 | $474,600 | $61,500 | $413,100 |
| 2023 | $6,452 | $474,600 | $61,500 | $413,100 |
| 2022 | $5,934 | $492,900 | $65,400 | $427,500 |
| 2021 | $5,810 | $426,200 | $52,800 | $373,400 |
| 2020 | $5,488 | $415,000 | $50,700 | $364,300 |
| 2019 | $5,092 | $400,700 | $50,700 | $350,000 |
| 2018 | $4,854 | $368,200 | $46,900 | $321,300 |
| 2017 | $4,670 | $327,500 | $42,600 | $284,900 |
| 2016 | $3,980 | $305,100 | $42,600 | $262,500 |
| 2015 | $3,774 | $272,500 | $34,100 | $238,400 |
| 2014 | -- | $269,800 | $42,600 | $227,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Thram
-
Darcy Ihrke
Buyer's Agent in 2023
Darcy Ihrke
Berkshire Hathaway Advantage Real Estate
(507) 213-1777
1 in this area
103 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6201314
APN: 18.31.1.26.433
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