NOT LISTED FOR SALE

405 5th Ave NE Faribault, MN 55021

Estimated Value: $409,000 - $439,000

5 Beds
3 Baths
1,980 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 405 5th Ave NE, Faribault, MN 55021 and is currently estimated at $426,060, approximately $215 per square foot. 405 5th Ave NE 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
Jul 1, 2025
Sold by
Sparks Ryan C and Sparks Jillian A
Bought by
Williamson Michael and Angell Christina
Current Estimated Value
$426,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Outstanding Balance
$390,827
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$35,233

Purchase Details

Closed on
Dec 3, 2018
Sold by
Cross David G and Cross Cynthia D
Bought by
Sparks Ryan C and Sparks Jillian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,445
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Williamson Michael $435,000 Titlesmart
Sparks Ryan C $269,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williamson Michael $391,500
Previous Owner Sparks Ryan C $148,445
Source: Public Records

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 $4,642 $407,900 $84,600 $323,300
2024 $4,642 $376,300 $76,700 $299,600
2023 $4,208 $376,300 $76,700 $299,600
2022 $3,878 $350,100 $78,200 $271,900
2021 $3,758 $305,100 $62,100 $243,000
2020 $3,550 $294,900 $62,100 $232,800
2019 $3,294 $284,900 $56,700 $228,200
2018 $3,834 $263,100 $55,000 $208,100
2017 $2,870 $253,600 $52,100 $201,500
2016 $2,804 $220,800 $46,300 $174,500
2015 $2,642 $212,200 $46,300 $165,900
2014 -- $210,200 $52,100 $158,100
Source: Public Records

Map

Minnesota Rice County Faribault 55021

405 5th Ave NE, Faribault, MN

Not Listed for Sale

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