516 3rd Ave SW Faribault, MN 55021
Estimated Value: $183,000 - $201,518
2
Beds
1.5
Baths
1,065
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- No HOA
- Living Room
- 2-minute walk to Wapacuta Park
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
About This Home
As of February 2023This move-in-ready 2 bed 2 bath home with fenced yard, deck, wrap around covered porch and UPDATES THROUGHOUT is a must see! Main floor features include vinyl plank flooring, paneled solid wood doors, half bath, formal dining room, living room with recessed lighting, large kitchen with updated finishes, crosshatch ceiling and stainless-steel appliances. The upper level will aim to please with the continuation of paneled solid wood doors, vinyl plank flooring, full bath, two spacious bedrooms and laundry nook with cabinetry. The basement with high ceilings, open space and egress window is waiting for a final plan to make this a potential three-bedroom home. Schedule a showing today to see all this home has to offer!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,222
Year Built
- Built in 1910
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x157
Parking
- 1 Car Garage
Interior Spaces
- 1,065 Sq Ft Home
- 1.5-Story Property
- Living Room
- Basement Window Egress
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1831375009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2022
Closed on
Feb 3, 2023
Sold by
Spronk Chad
Bought by
Reiten Todd and Reiten Christine
Seller's Agent
Emmie Rice
Weichert, REALTORS- Heartland
Buyer's Agent
Andrew Hentges
eXp Realty
List Price
$189,900
Sold Price
$177,500
Premium/Discount to List
-$12,400
-6.53%
Total Days on Market
39
Views
144
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
$14,880
Avg. Annual Appreciation
4.43%
Purchase Details
Closed on
Jun 21, 2018
Sold by
Mtglq Investors Lp
Bought by
Spronk Chad
Purchase Details
Closed on
Dec 15, 2005
Sold by
Studnicka Scott A
Bought by
Lenox Donna
Purchase Details
Closed on
Apr 23, 1999
Sold by
Erickson Robert E and Erickson Tara K
Bought by
Studnicka Scott A
Purchase Details
Closed on
May 29, 1997
Sold by
Cole Dorothy
Bought by
Erickson Robert
Similar Homes in Faribault, MN
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reiten Todd | $177,500 | -- | |
| Spronk Chad | $80,000 | None Available | |
| Lenox Donna | $122,000 | -- | |
| Studnicka Scott A | $83,474 | -- | |
| Erickson Robert | $75,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spronk Chad A | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/03/2023 02/03/23 | Sold | $177,500 | -6.5% | $167 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 01/19/2023 01/19/23 | Price Changed | $189,900 | 0.0% | $178 / Sq Ft |
| 01/19/2023 01/19/23 | For Sale | $189,900 | -2.6% | $178 / Sq Ft |
| 12/15/2022 12/15/22 | Pending | -- | -- | -- |
| 12/15/2022 12/15/22 | For Sale | $194,900 | -- | $183 / 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 | $1,904 | $182,700 | $45,500 | $137,200 |
| 2024 | $1,904 | $161,300 | $42,900 | $118,400 |
| 2023 | $1,498 | $161,300 | $42,900 | $118,400 |
| 2022 | $1,332 | $135,900 | $40,400 | $95,500 |
| 2021 | $1,094 | $117,000 | $32,800 | $84,200 |
| 2020 | $1,296 | $99,600 | $31,600 | $68,000 |
| 2019 | $1,382 | $92,600 | $27,800 | $64,800 |
| 2018 | $1,788 | $97,800 | $27,800 | $70,000 |
| 2017 | $1,846 | $92,800 | $25,300 | $67,500 |
| 2016 | $1,650 | $105,700 | $25,300 | $80,400 |
| 2015 | $1,608 | $100,600 | $20,200 | $80,400 |
| 2014 | -- | $100,600 | $20,200 | $80,400 |
Source: Public Records
Agents Affiliated with this Home
-
Emmie Rice
E
Seller's Agent in 2023
Emmie Rice
Weichert, REALTORS- Heartland
(507) 330-1266
29 in this area
58 Total Sales
-
Evan Knutson
Seller Co-Listing Agent in 2023
Evan Knutson
Weichert, REALTORS- Heartland
(507) 210-9140
97 in this area
252 Total Sales
-
Andrew Hentges
Buyer's Agent in 2023
Andrew Hentges
eXp Realty
(612) 512-4963
1 in this area
99 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6314126
APN: 18.31.3.75.009
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