NOT LISTED FOR SALE

318 8th St NW Faribault, MN 55021

Estimated Value: $106,000 - $225,000

3 Beds
1 Bath
1,396 Sq Ft
$119/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $67,500 $48 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,087/month

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating System
  • Porch
  • Storage Room

About This Home

As of April 2023

Calling all investors , needs some TLC with great potential to build equity. Reach out for a showing.

Last Agent to Sell the Property

Rick Tonjum

Edina Realty, Inc. Listed on: 04/12/2023

Edina Realty, Inc.

Co-Listed By

Mary Tonjum

Edina Realty, Inc.

Last Buyer's Agent

Rick Tonjum

Edina Realty, Inc. Listed on: 04/12/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,214

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 45x165

Parking

  • 1 Car Garage

Interior Spaces

  • 1,396 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Storage Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Paquins 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1830375055

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,214

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1396
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: None
  • Living Area: 1396
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Storage, Porch
  • SqFtTotal: 2116.00

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years

Garage/Parking

  • Parking Features: Detached, Shared Driveway
  • Garage Square Feet: 192

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 45x165
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Slate

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1830375055
  • Tax Annual Amount: 1214
  • TaxWithAssessments: 1254.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Apr 12, 2023
Sold by
Miller Lisa
Bought by
Sarmiento Evaristo Gomez
Seller's Agent
Rick Tonjum
Edina Realty, Inc.
Buyer's Agent
Rick Tonjum
Edina Realty, Inc.
List Price
$79,900
Sold Price
$67,500
Premium/Discount to List
-$12,400
-15.52%
Total Days on Market
0
Current Estimated Value
$165,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,041
Avg. Annual Appreciation
51.78%
Source: Public Records

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Range of Values:

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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
Sarmiento Evaristo Gomez $67,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $67,500 -15.5% $48 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $79,900 -- $57 / 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 $1,896 $187,200 $39,800 $147,400
2024 $1,896 $135,000 $30,400 $104,600
2023 $1,254 $135,000 $30,400 $104,600
2022 $892 $122,400 $29,300 $93,100
2021 $752 $90,400 $24,600 $65,800
2020 $676 $80,300 $24,600 $55,700
2019 $618 $75,400 $23,400 $52,000
2018 $618 $68,400 $21,100 $47,300
2017 $584 $66,600 $21,100 $45,500
2016 $588 $60,800 $18,700 $42,100
2015 $586 $59,300 $18,700 $40,600
2014 -- $62,100 $23,400 $38,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6344043

NorthstarMLS

APN: 18.30.3.75.055