$75,000
SOLD APR 25, 2012

424 2nd St SW Faribault, MN 55021

3 Beds
2 Baths
870 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

27% Below List Price

20 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • 1-Story Property

About This Home

As of October 2013

Very nice Ranch home with possible 3rd bedroom in bsmnt. Newer windows, roof and siding in last 10yrs.

Last Agent to Sell the Property

Debra Reineke-Salmonsen

RE/MAX Experts Listed on: 01/30/2012

Last Buyer's Agent

Debra Reineke-Salmonsen

RE/MAX Experts Listed on: 01/30/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,064

Year Built

  • 1950

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 99 x 100

Parking

  • 1 Car Detached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,064

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.23
  • Assessment Balance: 26
  • Construction: Previously Owned
  • Foundation Size: 870
  • Mechanicals: Water Softener-Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/30/2012
  • Stories: 1 Story
  • Taxes With Assessments: 1070
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x19, On Level: Main
  • Room 2: Dining Room, 9x12, On Level: Main
  • Room 3: Family Room, 21x22, On Level: Lower
  • Room 4: Kitchen, 10x12, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 10x12, On Level: Main
  • Room 7: 12x12, On Level: Lower
  • Room 9: Deck, 7x12, On Level: Main
  • Room 10: Laundry Room, 12x12, On Level: Lower
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 870
  • Total Fin Square Footage: 870

Exterior Features

  • Exterior: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 99 x 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Moriarity Darlene and Moriarity Brian
Bought by
Julison Kenneth
Current Estimated Value
$244,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,142
Outstanding Balance
$229,622
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$17,077

Purchase Details

Closed on
May 10, 2022
Sold by
Moriarity Darlene E and Moriarity Brian
Bought by
Julison Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,142
Outstanding Balance
$229,622
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$17,077

Purchase Details

Closed on
Sep 4, 2019
Sold by
Lombard Brady and Ross Ashley
Bought by
Mosley Darlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,900
Interest Rate
3.6%
Mortgage Type
USDA

Purchase Details

Listed on
Jan 30, 2012
Closed on
Apr 25, 2012
Sold by
Gustafson Bradley G and Gustafson Dawn L
Bought by
Lilla Margaret
Seller's Agent
Debra Reineke-Salmonsen
RE/MAX Experts
Buyer's Agent
Debra Reineke-Salmonsen
RE/MAX Experts
List Price
$103,000
Sold Price
$75,000
Premium/Discount to List
-$28,000
-27.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Dec 12, 2001
Sold by
Naughton William P and Naughton Shirley A
Bought by
Gustafson Bradley G and Gustafson Dawn L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deed $248,600 --
Warranty Deed $248,600 New Title Company Name
Warranty Deed $173,900 Title Llc
Warranty Deed $75,000 --
Warranty Deed $126,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,142 New Conventional
Closed $241,142 New Conventional
Previous Owner $173,900 USDA
Previous Owner $94,540 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $92,650 -7.3% $66 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $99,900 +33.2% $71 / Sq Ft
04/25/2012 04/25/12 Sold $75,000 -27.2% $86 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $103,000 -- $118 / 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 $2,064 $202,100 $65,900 $136,200
2024 $2,064 $192,200 $61,900 $130,300
2023 $2,048 $192,200 $61,900 $130,300
2022 $1,814 $183,600 $65,900 $117,700
2021 $1,782 $156,600 $53,100 $103,500
2020 $1,260 $153,900 $51,000 $102,900
2019 $1,150 $118,100 $51,000 $67,100
2018 $996 $109,500 $46,800 $62,700
2017 $1,008 $96,700 $42,500 $54,200
2016 $908 $95,400 $42,500 $52,900
2015 $966 $87,000 $34,000 $53,000
2014 -- $93,900 $42,500 $51,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Mark Erickson

    Edina Realty, Inc.

  • B

    Seller Co-Listing Agent in 2013

    Barbara Erickson

    Edina Realty, Inc.

  • R

    Buyer's Agent in 2013

    Ricky Koss

    Edina Realty, Inc.

  • D

    Seller's Agent in 2012

    Debra Reineke-Salmonsen

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4101526

REALTOR® Association of Southern Minnesota

APN: 18.31.3.01.032

Minnesota Rice County Faribault 55021

424 2nd St SW, Faribault, MN

This home is located at 424 2nd St SW, Faribault, MN 55021 and is currently priced at $75,000, approximately $86 per square foot. This property was built in 1950. 424 2nd St SW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes