NOT LISTED FOR SALE

411 Chestnut Ln Faribault, MN 55021

Estimated Value: $81,000 - $597,000

0.34 Acre
$991,809 Price per Acre
14,810 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $50,000

Est. 574% increase in value since last sale

Current estimated payment $1,794/month

93 Days on Market

About This Lot

As of May 2024

This home is located at 411 Chestnut Ln, Faribault, MN 55021 since 05 February 2024 and is currently estimated at $337,215. 411 Chestnut Ln is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 02/05/2024

Last Buyer's Agent

Evan Knutson

Weichert, REALTORS- Heartland

Weichert, REALTORS- Heartland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $630

Lot Details

  • Lot Dimensions are 150.61x140x61.66x140
  • Few Trees
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Woodhaven Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1819201013

Property Details

Property Type

Land

Est. Annual Taxes

$630

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Curbs,Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Utilities

  • Utilities: None Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Available

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Topography: High Ground,Sloped,Walkout
  • Lot Size: 150.61x140x61.66x140
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1819201013
  • Tax Annual Amount: 630
  • TaxWithAssessments: 630.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
May 31, 2024
Sold by
Heers Corporation
Bought by
Morris Trevor
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
Buyer's Agent
Evan Knutson
Weichert, REALTORS- Heartland
List Price
$51,500
Sold Price
$50,000
Premium/Discount to List
-$1,500
-2.91%
Views
22
Current Estimated Value
$337,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,215
Avg. Annual Appreciation
205.32%
Original Mortgage
$21,139
Outstanding Balance
$20,836
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$316,379
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morris Trevor $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Trevor $21,139
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $50,000 -2.9% --
05/09/2024 05/09/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $51,500 -- --
Source: NorthstarMLS

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 $678 $323,700 $98,200 $225,500
2024 $678 $41,900 $41,900 $0
2023 $578 $41,900 $41,900 $0
2022 $630 $39,700 $39,700 $0
2021 $506 $40,200 $40,200 $0
2020 $496 $32,100 $32,100 $0
2019 $382 $32,100 $32,100 $0
2018 $392 $24,200 $24,200 $0
2017 $406 $24,200 $24,200 $0
2016 $448 $24,200 $24,200 $0
2015 $426 $26,200 $26,200 $0
2014 -- $26,200 $26,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6485729

NorthstarMLS

APN: 18.19.2.01.013

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