NOT LISTED FOR SALE

420 2nd St NE Faribault, MN 55021

Estimated Value: $261,000 - $280,000

2 Beds
2 Baths
1,940 Sq Ft
$137/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $235,000 $121 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,626/month

17 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • 2 Car Detached Garage
  • Deck
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of January 2024

Welcome home to this meticulously remodeled Craftsman style home that blends timeless charm with modern convenience. Boasting a main-floor bedroom, full bathroom, and laundry for added accessibility, this home is designed to cater to your every need. The heart of this home is the brand-new kitchen, complete with sleek finishes, stainless appliances, and equipped with a convenient breakfast bar. Leading upstairs is a spacious primary suite complete with ¾ bath and walk-in closet. The thoughtful design extends to the finished basement with a ¾ bath, providing additional living space and flexibility. Whether you envision a home office, a playroom, or a cozy retreat, this versatile area awaits your personal touch. Step outside the patio door off the kitchen to a large deck, creating a seamless transition between indoor and outdoor living. This space is an extension of the home's inviting charm. To complement this gem, an oversized double garage awaits, offering ample space for parking and storage. Beyond the practical, this home is a testament to quality craftsmanship and attention to detail. Your dream home awaits; schedule a showing and experience it firsthand.

Last Agent to Sell the Property

Holly Koenig

RE/MAX Results License #40513297 Listed on: 12/04/2023

RE/MAX Results

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1920

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 66x168
  • Few Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1832252030

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Walk-In Closet, Washer/Dryer Hookups, Smoke Alarms (L), CO Detectors (L)
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.27
  • Assessment Balance: 599.55
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 910
  • L V T Date: 12/04/2023
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 1832252030
  • Price Per Square Foot: 102
  • Projected Closed Date: 01/26/2024
  • Sold Price Per Sq Ft: 100
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Street
  • Taxes With Assessments: 2602
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Bar, Breakfast Nook, Eat-In Kitchen, Formal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Washer
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor Full Bath, Private Master, Upper Level Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13'8x14'11, On Level: Main
  • Room 2: Dining Room, 18'6x12'2, On Level: Main
  • Room 3: Kitchen, 11'11x11'11, On Level: Main
  • Room 4: Dining Room, 7'1x12'3, On Level: Main
  • Room 5: Bathroom, 4'11x6'8, On Level: Main
  • Room 6: Bedroom, 9'4x12'1, On Level: Main
  • Room 7: 23'6x6'3, On Level: Main
  • Room 8: Master Bedroom, 27'10x12'11, On Level: Upper
  • Room 9: Bathroom, 13'8x6'7, On Level: Upper
  • Room 10: Other, 6'2x4'4, On Level: Upper
  • Room 11: Family Room, 12'7x23'3, On Level: Lower
  • Room 12: Bathroom, 7'9x8'2, On Level: Lower
  • Basement Features: Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1432
  • Below Grade Finished Sq Ft: 508
  • Tot Above Grade Sq Ft: 1432
  • Total Fin Square Footage: 1940
  • Total Square Footage: 2342
  • Tot Below Grade Sq Ft: 910

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2
  • Garage Square Footage: 616

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x168
  • Lot/Land Description: Tree Coverage - Light, Paved Streets

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2024
  • Tax Value: 2042.45

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Jan 24, 2024
Sold by
Land To Home Development Inc
Bought by
Kendall Katie
Seller's Agent
Holly Koenig
RE/MAX Results
Buyer's Agent
Non Member
Non-Member
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%
Views
63
Current Estimated Value
$266,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,251
Avg. Annual Appreciation
7.01%
Original Mortgage
$2,235,250
Outstanding Balance
$2,200,252
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$1,937,461

Purchase Details

Closed on
Apr 18, 2023
Sold by
Secretary/Housing & Urban Dev
Bought by
Home Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,505
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2022
Sold by
Us Bank National Association
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Jun 7, 2022
Sold by
Gonsoski Donald F
Bought by
Mortgage Electronic Registration Systems Inc

Purchase Details

Closed on
Feb 28, 2018
Sold by
Kellis Joson and Hofmeister Ann
Bought by
Gonsoski Donald F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,184
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Hoffmeister Ann and Kellis Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
4.08%

Purchase Details

Closed on
Sep 30, 2004
Sold by
Isaacson Michael D and Isaacson Belinda L
Bought by
Birt Tim
Source: Public Records

Range of Values:

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Average Value
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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
Kendall Katie $235,000 St Andrews Title
Home Development Inc $100,000 St Andrews Title
Secretary Of Housing And Urban Development -- Servicelink
Mortgage Electronic Registration Systems Inc $90,850 Liebo Weingarden Dobie & Barbe
Mortgage Electronic Registration Systems Inc $90,850 Liebo Weingarden Dobie & Barbe
Gonsoski Donald F $149,900 Edina Realty Title Inc
Hoffmeister Ann $65,000 --
Birt Tim $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendall Katie $2,235,250
Previous Owner Land To Home Development Inc $41,500
Previous Owner Home Development Inc $123,505
Previous Owner Gonsoski Donald F $145,856
Previous Owner Gonsoski Donald F $147,184
Previous Owner Hoffmeister Ann $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $235,000 -1.7% $121 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/04/2023 12/04/23 For Sale $239,000 -- $123 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,634 $246,700 $57,500 $189,200
2024 $2,634 $199,300 $52,100 $147,200
2023 $2,602 $199,300 $52,100 $147,200
2022 $2,130 $186,300 $52,100 $134,200
2021 $2,424 $161,500 $41,300 $120,200
2020 $1,688 $147,800 $41,300 $106,500
2019 $1,438 $142,100 $37,700 $104,400
2018 $1,472 $130,100 $34,100 $96,000
2017 $1,398 $107,600 $32,300 $75,300
2016 $1,048 $98,600 $28,700 $69,900
2015 $1,006 $96,300 $28,700 $67,600
2014 -- $96,700 $32,300 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7033854

REALTOR® Association of Southern Minnesota

APN: 18.32.2.52.030