5 State Ave Faribault, MN 55021
Estimated Value: $238,000 - $306,000
3
Beds
1
Bath
1,185
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- 21,780 Sq Ft lot
- Living Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of November 2023This home is located at 5 State Ave, Faribault, MN 55021 since 30 November 2023 and is currently estimated at $269,571, approximately $227 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,571
Avg. Annual Appreciation
8.37%
Original Mortgage
$209,700
Outstanding Balance
$207,055
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$57,488
Similar Homes in Faribault, MN
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Home Values in the Area
Average Home Value in this Area
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
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
47 in this area
110 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6357076
APN: 18.32.3.03.003
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