NOT LISTED FOR SALE

427 2nd St NE Faribault, MN 55021

Estimated Value: $404,000 - $495,000

4 Beds
2 Baths
2,762 Sq Ft
$157/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $454,900 $165 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,666/month

77 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • No HOA
  • Loft
  • Corner Lot
  • Den

About This Home

As of September 2022

STEP INTO A FAIRYTALE! Gingerbread trim, wraparound porch, Juliet balcony...the stuff of dreams! This lovely lady is a crown jewel on the coveted east side of town, sitting majestically in an oversized 0.39-acre setting. Step inside...the feel of a French Country chateau envelops you. This Victorian dream house is the creme de la creme...quality, handmade craftsmanship bursting with luxuries. Custom built-ins, new windows, ornate hinges, & glass knobs. Luxe kitchen with custom cabinets, Cambria tops, heated floors, & a library ladder. Original period details...pocket doors, transoms, stained glass, & a grand staircase. A majestic cupola is perched atop the newer custom garage. Meticulous grounds...cobblestone path, fountain, pergola, & cozy fire pit. Premier James Hardie siding in 2017. Walkable to Shattuck, MSAD, shops, & restaurants. Enjoy 4300+ finished square feet when you transform the walk-up attic into your dream space! This home is a gem...no flaws, perfectly polished!

Last Agent to Sell the Property

James Barta

RE/MAX Experts Listed on: 05/23/2022

RE/MAX Experts

Co-Listed By

Patricia Barta

RE/MAX Experts

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,592

Year Built

  • Built in 1890

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 2,762 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Den
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Coopers Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1832252068

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,592

Year Built

Built in 1890

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: 1
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 2762
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Full, Stone/Rock, Storage Space, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2762
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Den, Loft, Foyer, Porch, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Partial, Privacy, Wood
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Detached, Concrete, Electric, Garage Door Opener, Storage
  • Garage Square Feet: 676
  • ParkingOpen: 0
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Porch,Security System,Tile Floors,Walk-Up Attic

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 16,924 SF
  • Lot Size Sq Ft: 16988.4
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1832252068
  • Tax Annual Amount: 3592
  • TaxWithAssessments: 3632.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Sep 21, 2022
Sold by
Thon Jeffrey C and Thon Katherine E
Bought by
Hannam Brandon and Miller Leah
Seller's Agent
James Barta
RE/MAX Experts
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$499,900
Sold Price
$454,900
Premium/Discount to List
-$45,000
-9%
Views
1
Current Estimated Value
$432,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,162
Avg. Annual Appreciation
-2.87%
Original Mortgage
$465,362
Outstanding Balance
$447,310
Interest Rate
5.13%
Mortgage Type
VA
Estimated Equity
-$30,351

Purchase Details

Closed on
Aug 21, 2006
Sold by
Lamotte Daniel J and Lamotte Stephanie M
Bought by
Thon Jeffery C and Thon Katherine E

Purchase Details

Closed on
Nov 15, 2002
Sold by
Behnke William Scott and Behnke Beth A
Bought by
Lamotte Daniel and Lamotte Stephanie
Source: Public Records

Range of Values:

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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
Hannam Brandon $454,900 --
Thon Jeffery C $260,000 --
Lamotte Daniel $169,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannam Brandon $465,362
Previous Owner Thon Jeffrey C $31,000
Previous Owner Thon Jeffrey C $254,000
Previous Owner Thon Jeffrey C $294,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $454,900 +1.1% $165 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $449,900 -5.3% $163 / Sq Ft
07/26/2022 07/26/22 Price Changed $474,900 -5.0% $172 / Sq Ft
05/23/2022 05/23/22 For Sale $499,900 -- $181 / 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 $4,566 $401,100 $82,300 $318,800
2024 $4,566 $354,200 $74,600 $279,600
2023 $3,942 $354,200 $74,600 $279,600
2022 $3,632 $329,600 $74,600 $255,000
2021 $4,328 $287,400 $59,200 $228,200
2020 $4,208 $261,800 $59,200 $202,600
2019 $4,078 $252,700 $54,000 $198,700
2018 $2,702 $235,600 $52,900 $182,700
2017 $2,530 $215,600 $50,200 $165,400
2016 $2,508 $197,800 $44,600 $153,200
2015 $2,372 $192,700 $44,600 $148,100
2014 -- $191,500 $50,200 $141,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6199948

NorthstarMLS

APN: 18.32.2.52.068