$435,000
SOLD JUL 7, 2025

405 5th Ave NE Faribault, MN 55021

3 Beds
2 Baths
2,208 Sq Ft
0.53 Acres

Recently Sold

$197 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • 23,087 Sq Ft lot
  • Family Room with Fireplace
  • Home Office
  • Wood Burning Stove
  • No HOA
  • Stainless Steel Appliances

About This Home

As of July 2025

This two-story home, built in 1898, blends the classic character of a turn-of-the-century build with modern conveniences and quality updates. Set on a mature, beautifully landscaped lot, the home welcomes you with a covered front porch, charming architectural details, and spaces designed for both relaxation and connection.

The home offers approximately 2,208 square feet and new mechanicals and along with new stainless energy efficient appliances. Other features of this three bed, two bath home include hardwood floors, walk-in closets, fireplace, wood burning stove, tile floor and granite countertops in the updated kitchen. The kitchen opens to a flexible space that can be used as a dining or family room, while other areas maintain a more traditional layout.

Outdoor living includes a welcoming covered front porch, a back terrace with a pergola and string lighting and a deck for additional outdoor enjoyment. A fenced section of the backyard creates a secure space for pets or play, all surrounded by mature trees and well-maintained landscaping.

The detached two-car garage is divided into two bays—one side includes a heated workspace, ideal for hobbies, projects, or a year-round workshop, while the other provides standard parking or storage. The lot also offers additional parking space for guests or extra vehicles.

Tucked into a quiet neighborhood on Faribault’s east side, this home is close to MSAD and Shattuck schools and a 5-10-minute stroll brings you in the heart of downtown. A spacious green space directly across the street offers peaceful views and an extra place to enjoy the outdoors. With a unique blend of historic charm, thoughtful updates, and a setting full of warmth, this is a place you’ll want to call home.

Last Agent to Sell the Property

Bryce Henning

Coldwell Banker Realty Brokerage Phone: 612-270-6202 Listed on: 05/15/2025

Coldwell Banker Realty

Co-Listed By

Mustafa Sandhu

Coldwell Banker Realty Brokerage Phone: 612-270-6202

Last Buyer's Agent

Shari Seifert

Sandy Green Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,602

Year Built

  • Built in 1898

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 120x129x165x208
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Wire Fence

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Flex
  • Wood Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Home Office
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • City/Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831126027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,602

Year Built

Built in 1898

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1898
  • Above Grade Finished Sq Ft: 2208
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-270-6202
  • Attribution Contact: 612-270-6202
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room, Wood Burning, Wood Burning Stove
  • Living Area: 2208
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Patio, Laundry, Sitting Room, Flex Room, Porch, Foyer

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: Full, Privacy, Wire, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Front Porch,Patio,Porch

Garage/Parking

  • Parking Features: Detached, Concrete, Finished Garage, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Porch,Security Lights,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet,Walk-Up Attic

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 120x129x165x208
  • Lot Size Sq Ft: 23087
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1831126027
  • Tax Annual Amount: 4602
  • TaxWithAssessments: 4642.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2025
Closed on
Jul 1, 2025
Sold by
Sparks Ryan C and Sparks Jillian A
Bought by
Williamson Michael and Angell Christina
Seller's Agent
Bryce Henning
Coldwell Banker Realty
Buyer's Agent
Shari Seifert
Sandy Green Realty, Inc.
List Price
$429,900
Sold Price
$435,000
Premium/Discount to List
$5,100
1.19%
Views
29
Current Estimated Value
$430,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,232
Avg. Annual Appreciation
-1.94%
Original Mortgage
$391,500
Outstanding Balance
$390,827
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$39,941

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 Titlesmart
Deed $269,900 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,500 New Conventional
Previous Owner $148,445 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2025 07/07/25 Sold $435,000 +1.2% $197 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $429,900 -- $195 / Sq Ft
Source: NorthstarMLS

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

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6721871

NorthstarMLS

APN: 18.31.1.26.027