405 5th Ave NE Faribault, MN 55021
Estimated Value: $400,000 - $440,000
5
Beds
3
Baths
1,980
Sq Ft
$210/Sq Ft
Est. Value
About This Home
This home is located at 405 5th Ave NE, Faribault, MN 55021 and is currently estimated at $415,656, approximately $209 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
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
$388,056
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$27,600
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
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $4,902 | $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
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