NOT LISTED FOR SALE

511 5th St NE Faribault, MN 55021

Estimated Value: $262,000 - $292,000

5 Beds
2.5 Baths
2,243 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $235,000 $105 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,685/month

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Home Office
  • Porch
  • No HOA
  • The kitchen features windows
  • Living Room

About This Home

As of September 2023

CRANBERRY 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!

Last Agent to Sell the Property

James Barta

RE/MAX Experts Listed on: 08/24/2023

RE/MAX Experts

Co-Listed By

Patricia Barta

RE/MAX Experts

Last Buyer's Agent

Duane Ringhofer

Help-U-Sell Heritage Real Est.

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
  • Many Trees

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 2,243 Sq Ft Home
  • 1.5-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • 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
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1831126020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2243
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Partial, Stone/Rock, Unfinished
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2243
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Office, Foyer, Laundry, Porch

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Partial, Privacy, Vinyl
  • Other Structures: Storage Shed
  • PatioPorchType: Covered,Front Porch

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Tile Floors

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 99x165
  • Lot Size Sq Ft: 16552.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1831126020
  • Tax Annual Amount: 2406
  • TaxWithAssessments: 2604.0000

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
$278,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,020
Avg. Annual Appreciation
7.76%
Original Mortgage
$226,850
Outstanding Balance
$222,364
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$55,656

Purchase Details

Closed on
Jul 7, 2011
Sold by
Metro Development Specialties Llc
Bought by
Lundstrom John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $2,688 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6423054

NorthstarMLS

APN: 18.31.1.26.020