NOT LISTED FOR SALE

5 State Ave Faribault, MN 55021

Estimated Value: $240,000 - $306,000

3 Beds
1 Bath
1,185 Sq Ft
$232/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $233,000 $197 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,666/month

Highlights

  • 21,780 Sq Ft lot
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of November 2023

This home is located at 5 State Ave, Faribault, MN 55021 since 30 November 2023 and is currently estimated at $275,483, approximately $232 per square foot. This property was built in 1900. 5 State Ave 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

Rebecca Lippert

eXp Realty Listed on: 11/30/2023

eXp Realty

Last Buyer's Agent

Rebecca Lippert

eXp Realty Listed on: 11/30/2023

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 1900

Lot Details

  • 0.5

Parking

  • 2 Car Garage

Interior Spaces

  • 1,185 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Basement
  • Stone or Rock in Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • 0.5 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1832303003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,317

Year Built

Built in 1900

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
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1185
  • Water Body Name: South Turtle
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Stone/Rock
  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1185
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • ConstructionMaterialsDesc: Stone
  • Lake Acres: 836
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Porch,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 21,827 sf
  • Lot Size Sq Ft: 21780
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1832303003
  • Tax Annual Amount: 2317
  • TaxWithAssessments: 2544.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Nov 30, 2023
Sold by
Vanryn Wiliam Joseph
Bought by
Vanryn Jeffrey W and Schauer Christopher John
Seller's Agent
Rebecca Lippert
eXp Realty
Buyer's Agent
Rebecca Lippert
eXp Realty
List Price
$233,000
Sold Price
$233,000
Views
4
Current Estimated Value
$275,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,483
Avg. Annual Appreciation
7.23%
Original Mortgage
$209,700
Outstanding Balance
$207,055
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$57,488
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
Vanryn Jeffrey W $233,000 First Financial Title Agency O
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanryn Jeffrey W $209,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $233,000 0.0% $197 / Sq Ft
11/30/2023 11/30/23 For Sale $233,000 -- $197 / 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 $2,544 $241,300 $86,200 $155,100
2024 $2,544 $216,800 $78,100 $138,700
2023 $2,544 $216,800 $78,100 $138,700
2022 $2,298 $207,500 $80,500 $127,000
2021 $2,258 $177,600 $63,800 $113,800
2020 $2,124 $173,600 $63,800 $109,800
2019 $1,920 $166,000 $58,300 $107,700
2018 $1,890 $149,300 $56,000 $93,300
2017 $1,766 $143,800 $53,100 $90,700
2016 $1,702 $131,200 $47,200 $84,000
2015 $1,688 $124,200 $47,200 $77,000
2014 -- $126,400 $53,100 $73,300
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Lippert

    Seller's Agent in 2023

    Rebecca Lippert

    eXp Realty

    (507) 384-8198

    45 in this area

    107 Total Sales

    Rebecca Lippert
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Map

Source: NorthstarMLS

MLS Number: 6357076

NorthstarMLS

APN: 18.32.3.03.003

Minnesota Rice County Faribault 55021

5 State Ave, Faribault, MN

This home is located at 5 State Ave, Faribault, MN 55021 since 30 November 2023 and is currently estimated at $275,483, approximately $232 per square foot. This property was built in 1900. 5 State Ave is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

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