3050 197th St E Faribault, MN 55021
Estimated Value: $819,065 - $921,000
3
Beds
2
Baths
5,253
Sq Ft
$166/Sq Ft
Est. Value
About This Home
This home is located at 3050 197th St E, Faribault, MN 55021 and is currently estimated at $874,516, approximately $166 per square foot. 3050 197th St E 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
Feb 9, 2022
Sold by
Naseth Marilyn E
Bought by
Cunningham Nathaniel
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
$712,500
Outstanding Balance
$667,865
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$161,411
Purchase Details
Closed on
Nov 29, 2021
Sold by
Drew Naseth
Bought by
Naseth Marilyn E
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Cunningham Nathaniel | $712,500 | None Listed On Document | |
Naseth Marilyn E | -- | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Cunningham Nathaniel | $67,071 | |
Open | Cunningham Nathaniel | $712,500 | |
Previous Owner | Bauer Orville A | $100,000 |
Source: Public Records
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 | $2,904 | $661,900 | $240,200 | $421,700 |
2024 | $2,904 | $612,300 | $207,800 | $404,500 |
2023 | $4,118 | $740,500 | $320,300 | $420,200 |
2022 | $6,494 | $688,900 | $285,300 | $403,600 |
2021 | $6,348 | $653,100 | $282,400 | $370,700 |
2020 | $5,800 | $631,000 | $279,900 | $351,100 |
2019 | $5,678 | $588,700 | $277,000 | $311,700 |
2018 | $5,616 | $566,000 | $277,000 | $289,000 |
2017 | $6,690 | $545,600 | $277,000 | $268,600 |
2016 | $6,676 | $542,600 | $277,000 | $265,600 |
2015 | $6,454 | $523,900 | $277,000 | $246,900 |
2014 | -- | $517,900 | $277,000 | $240,900 |
Source: Public Records
Map
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