4 3rd Ave SW Faribault, MN 55021
Estimated Value: $309,915 - $384,000
9
Beds
3
Baths
2,778
Sq Ft
$125/Sq Ft
Est. Value
About This Home
This home is located at 4 3rd Ave SW, Faribault, MN 55021 and is currently estimated at $346,305, approximately $124 per square foot. 4 3rd Ave SW 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
Apr 30, 2024
Sold by
M & T Real Estate Llc
Bought by
Smc Rison Re Llc
Current Estimated Value
Purchase Details
Closed on
May 27, 2021
Sold by
Sonnek Deborah A and Sonnek Jaime A
Bought by
M & T Realestate Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,718,500
Interest Rate
2.7%
Mortgage Type
Commercial
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 |
---|---|---|---|
Smc Rison Re Llc | $2,305,000 | -- | |
M & T Realestate Llc | $245,000 | None Available | |
-- | $245,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Smc Rison Re Llc | $840,000 | |
Previous Owner | M & T Realestate Llc | $3,718,500 | |
Closed | -- | $245,000 |
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 | $3,818 | $327,100 | $47,500 | $279,600 |
2024 | $3,818 | $295,800 | $44,600 | $251,200 |
2023 | $3,422 | $295,800 | $44,600 | $251,200 |
2022 | $3,098 | $280,300 | $44,600 | $235,700 |
2021 | $2,820 | $236,400 | $35,900 | $200,500 |
2020 | $2,680 | $213,700 | $34,500 | $179,200 |
2019 | $2,496 | $206,800 | $34,500 | $172,300 |
2018 | $2,340 | $189,700 | $31,600 | $158,100 |
2017 | $2,324 | $172,800 | $28,800 | $144,000 |
2016 | $2,290 | $165,900 | $28,800 | $137,100 |
2015 | $2,172 | $160,100 | $23,000 | $137,100 |
2014 | -- | $159,500 | $28,800 | $130,700 |
Source: Public Records
Map
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