Seller's Agent in 2025
Matt Gillard
RE/MAX
(507) 456-2545
173 Total Sales
3908 263rd St E Faribault, MN 55021
5
Beds
2.5
Baths
3,636
Sq Ft
10
Acres
Highlights
- Heated Above Ground Pool
- Two Way Fireplace
- The kitchen features windows
- Multiple Garages
- No HOA
- 6 Car Attached Garage
About This Home
As of May 2025If you’ve dreamt of that perfect small acreage in the country....pinch yourself because you AREN’T dreaming anymore! This very well maintained home is located on 10 beautifully wooded acres. A spacious front patio welcomes you to the ranch style home with nearly 4,000 sq ft of finished living space. On the main level you’ll find the living and dining room area accented with a dual-sided fireplace, kitchen w/ butcher block island, 4 bedrooms, and main floor laundry. The finished lower level has a 5th BR and large family room with a bar area. There’s plenty to love outside the home as well, with a great multi-level deck and above-ground pool! You’ll also enjoy spending time on the nicely landscaped and well cared for lawn, or walking in the surrounding woods. A 1500 sq ft 4-stall detached garage was built in 2021 to significantly expand garage space beyond the home’s original 2-stall attached garage. This property is in the Medford School District, located just 3 miles from the school.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,790
Year Built
- Built in 1972
Lot Details
- 10 Acre Lot
- Lot Dimensions are 619 x 624 x 558 x 600
- Many Trees
Parking
- 6 Car Attached Garage
- Multiple Garages
- Heated Garage
Home Design
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Two Way Fireplace
- Family Room
- Living Room with Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Heated Above Ground Pool
Utilities
- Central Air
- Hot Water Heating System
- 200+ Amp Service
- Iron Water Filter
- Private Water Source
- Well
- Electric Water Heater
- Water Softener is Owned
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1533100003
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 16, 2025
Sold by
Steinlicht James H and Steinlicht Kathleen D
Bought by
Suman Debra and Suman Brian
Seller's Agent
Matt Gillard
RE/MAX Venture
Buyer's Agent
Nicole Strobel
Pemberton RE
List Price
$624,900
Sold Price
$665,000
Premium/Discount to List
$40,100
6.42%
Views
298
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
$6,341
Avg. Annual Appreciation
1.57%
Original Mortgage
$631,750
Outstanding Balance
$629,508
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$41,833
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $665,000 | Near North Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $631,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | Sold | $665,000 | +6.4% | $183 / Sq Ft |
| 04/12/2025 04/12/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $624,900 | -- | $172 / 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 | $3,984 | $532,700 | $157,000 | $375,700 |
| 2024 | $3,984 | $457,800 | $140,000 | $317,800 |
| 2023 | $3,726 | $457,800 | $140,000 | $317,800 |
| 2022 | $3,238 | $423,200 | $118,000 | $305,200 |
| 2021 | $3,098 | $347,300 | $105,700 | $241,600 |
| 2020 | $2,938 | $327,000 | $103,200 | $223,800 |
| 2019 | $2,724 | $307,900 | $103,200 | $204,700 |
| 2018 | $42 | $300,500 | $103,200 | $197,300 |
| 2017 | $2,538 | $262,200 | $87,600 | $174,600 |
| 2016 | $2,644 | $262,600 | $87,600 | $175,000 |
| 2015 | $2,572 | $263,200 | $87,600 | $175,600 |
| 2014 | -- | $265,500 | $87,600 | $177,900 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Gillard
-
Benjamin Gillard
Seller Co-Listing Agent in 2025
Benjamin Gillard
RE/MAX
(507) 676-3789
107 Total Sales
-
Nicole Strobel
Buyer's Agent in 2025
Nicole Strobel
Pemberton RE
(651) 269-4388
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6696214
APN: 15.33.1.00.003
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