511 5th St NE Faribault, MN 55021
Estimated Value: $238,000 - $282,000
5
Beds
2.5
Baths
2,243
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- Main Floor Primary Bedroom
- Home Office
- Porch
- No HOA
- The kitchen features windows
- Living Room
About This Home
As of September 2023CRANBERRY CUTIE! Wrapped in a warm & inviting hue reminiscent of autumn's most vibrant foliage, this 5BR headturner is perfectly poised on an oversized 0.38-acre! Cuteness meets grandeur in surprising harmony...it's a large, strong, solid abode. From the generous living room to the dining room & through to the sizable kitchen, the layout promotes interaction. All of your essentials are thoughtfully arranged on the main level. Graceful curved walls & doorways are a testament to a time when quality craftsmanship was paramount. The sumptuous wood trim doesn't just outline the space; it elevates it. In the magical playroom, imagination takes flight & every corner is a canvas for adventure. The sprawling backyard invites play & relaxation. The fire pit is the perfect setting for s'mores -- a Minnesota tradition that brings joy to both young & old. This adorable abode faces the breathtaking campuses of Shattuck-St. Mary's & MSAD. Newer windows throughout! NEW AC in 2023! Major house crush!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,406
Year Built
- Built in 1900
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 99x165
- Partially Fenced Property
- Privacy Fence
- Vinyl Fence
Home Design
- Pitched Roof
Interior Spaces
- 2,243 Sq Ft Home
- 1.5-Story Property
- Entrance Foyer
- Living Room
- Home Office
Kitchen
- Range
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Stone or Rock in Basement
- Crawl Space
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1831126020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2023
Closed on
Sep 27, 2023
Sold by
Lawson Jeremiah and Lawson Corazon
Bought by
Schilling Mary
Seller's Agent
James Barta
RE/MAX Experts
Buyer's Agent
Duane Ringhofer
Help-U-Sell Heritage Real Est.
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Views
43
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
$32,365
Avg. Annual Appreciation
9.06%
Original Mortgage
$226,850
Outstanding Balance
$223,188
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$49,875
Purchase Details
Closed on
Jul 7, 2011
Sold by
Metro Development Specialties Llc
Bought by
Lundstrom John
Similar Homes in Faribault, MN
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schilling Mary | $235,000 | -- | |
| Lundstrom John | $33,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schilling Mary | $226,850 | |
| Previous Owner | Lawson Jeremiah | $140,250 | |
| Previous Owner | Lundstrom John | $988,000 | |
| Previous Owner | Lundstrom John | $97,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $235,000 | +2.6% | $105 / Sq Ft |
| 09/01/2023 09/01/23 | Pending | -- | -- | -- |
| 08/27/2023 08/27/23 | For Sale | $229,000 | +66.5% | $102 / Sq Ft |
| 05/09/2014 05/09/14 | Sold | $137,500 | -3.5% | $61 / Sq Ft |
| 03/25/2014 03/25/14 | Pending | -- | -- | -- |
| 11/08/2013 11/08/13 | For Sale | $142,500 | -- | $64 / 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 | $2,688 | $252,400 | $75,000 | $177,400 |
| 2024 | $2,688 | $229,400 | $67,900 | $161,500 |
| 2023 | $2,604 | $229,400 | $67,900 | $161,500 |
| 2022 | $2,354 | $214,300 | $67,900 | $146,400 |
| 2021 | $2,308 | $183,800 | $53,900 | $129,900 |
| 2020 | $2,176 | $179,500 | $53,900 | $125,600 |
| 2019 | $1,776 | $172,200 | $49,200 | $123,000 |
| 2018 | $1,742 | $141,500 | $48,400 | $93,100 |
| 2017 | $1,636 | $136,000 | $45,900 | $90,100 |
| 2016 | $1,768 | $124,200 | $40,800 | $83,400 |
| 2015 | $1,322 | $121,300 | $40,800 | $80,500 |
| 2014 | -- | $118,700 | $45,900 | $72,800 |
Source: Public Records
Agents Affiliated with this Home
-
James Barta
Seller's Agent in 2023
James Barta
RE/MAX
(507) 332-2282
62 in this area
122 Total Sales
-
Patricia Barta
Seller Co-Listing Agent in 2023
Patricia Barta
RE/MAX
(612) 404-0075
59 in this area
113 Total Sales
-
Duane Ringhofer
Buyer's Agent in 2023
Duane Ringhofer
Help-U-Sell Heritage Real Est.
(507) 456-1183
7 in this area
76 Total Sales
-
M
Seller's Agent in 2014
Mark Erickson
Edina Realty, Inc.
-
B
Seller Co-Listing Agent in 2014
Barbara Erickson
Edina Realty, Inc.
-
S
Buyer's Agent in 2014
Scott Reineke
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6423054
APN: 18.31.1.26.020
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