516 3rd St NE Faribault, MN 55021
Estimated Value: $248,000 - $310,603
3
Beds
2
Baths
1,792
Sq Ft
$157/Sq Ft
Est. Value
About This Home
This home is located at 516 3rd St NE, Faribault, MN 55021 and is currently estimated at $281,151, approximately $156 per square foot. 516 3rd St NE is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 26, 2025
Sold by
Malmanger Abigail M and Hunt Alexander G
Bought by
Malmanger Abigail M and Hunt Alexander G
Current Estimated Value
Purchase Details
Closed on
May 26, 2022
Sold by
Piller Properties Llc
Bought by
Malmanger Abigail M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,090
Interest Rate
5.11%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2022
Sold by
Dnberry Krin L and Danberry Michael A
Bought by
Pillerproperties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 6, 2011
Sold by
The Bank Of New York Mellon
Bought by
Not Provided
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,040
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 30, 2003
Sold by
Guy Thomas D and Guy Sandra J
Bought by
Wilson Robert W
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Malmanger Abigail M | $500 | None Listed On Document | |
| Malmanger Abigail M | $297,000 | Northstar Title | |
| Pillerproperties Llc | $170,000 | Northstar Title Group Llc | |
| Not Provided | $63,200 | -- | |
| Wilson Robert W | $148,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Malmanger Abigail M | $288,090 | |
| Previous Owner | Pillerproperties Llc | $153,000 | |
| Previous Owner | Not Provided | $60,040 |
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 | $2,612 | $245,300 | $58,600 | $186,700 |
| 2024 | $2,612 | $227,500 | $53,100 | $174,400 |
| 2023 | $2,150 | $227,500 | $53,100 | $174,400 |
| 2022 | $1,996 | $191,400 | $53,100 | $138,300 |
| 2021 | $1,666 | $169,700 | $42,100 | $127,600 |
| 2020 | $1,556 | $145,500 | $42,100 | $103,400 |
| 2019 | $1,524 | $139,800 | $38,500 | $101,300 |
| 2018 | $1,440 | $136,200 | $34,800 | $101,400 |
| 2017 | $1,726 | $127,700 | $33,000 | $94,700 |
| 2016 | $1,730 | $143,800 | $29,300 | $114,500 |
| 2015 | $1,904 | $141,300 | $29,300 | $112,000 |
| 2014 | -- | $139,400 | $33,000 | $106,400 |
Source: Public Records
Map
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