3601 240th St E Faribault, MN 55021
Estimated Value: $373,767 - $461,000
2
Beds
1
Bath
1,384
Sq Ft
$298/Sq Ft
Est. Value
About This Home
This home is located at 3601 240th St E, Faribault, MN 55021 and is currently estimated at $411,942, approximately $297 per square foot. 3601 240th St E is a home located in Rice County with nearby schools including Medford Elementary School, Medford Secondary School, and Parkside Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2025
Sold by
Petersen Debra Ann
Bought by
Cram David Roy
Current Estimated Value
Purchase Details
Closed on
Jul 31, 1997
Sold by
Pemrick Harry P and Pemrick Shari K
Bought by
Cram David Roy
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cram David Roy | $500 | None Listed On Document | |
| Cram David Roy | $129,000 | -- |
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 | $2,638 | $342,000 | $173,700 | $168,300 |
| 2024 | $2,528 | $303,700 | $155,200 | $148,500 |
| 2023 | $2,532 | $303,700 | $155,200 | $148,500 |
| 2022 | $2,518 | $286,200 | $149,100 | $137,100 |
| 2021 | $2,434 | $265,600 | $139,100 | $126,500 |
| 2020 | $2,360 | $251,400 | $139,100 | $112,300 |
| 2019 | $2,328 | $240,700 | $139,100 | $101,600 |
| 2018 | $2,286 | $235,900 | $139,100 | $96,800 |
| 2017 | $2,290 | $227,900 | $139,100 | $88,800 |
| 2016 | $2,370 | $226,900 | $139,100 | $87,800 |
| 2015 | $2,288 | $226,200 | $139,100 | $87,100 |
| 2014 | -- | $226,300 | $139,100 | $87,200 |
Source: Public Records
Map
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