524 3rd Ave SW Faribault, MN 55021
Estimated Value: $244,000 - $299,000
3
Beds
2
Baths
1,782
Sq Ft
$156/Sq Ft
Est. Value
About This Home
This home is located at 524 3rd Ave SW, Faribault, MN 55021 and is currently estimated at $278,127, approximately $156 per square foot. 524 3rd Ave SW 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
Mar 29, 2019
Sold by
Rank Alexander D and Rank Anna
Bought by
Acker Ronald J and Acker Cathrine L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,747
Outstanding Balance
$162,425
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$115,702
Purchase Details
Closed on
Apr 20, 2017
Sold by
Banon Paul J and Banon Brianne M
Bought by
Rank Alexander D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,414
Interest Rate
4.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2011
Sold by
Fnma
Bought by
Banon Paul J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,633
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 23, 2005
Sold by
Federal National Mortgage Association
Bought by
Malecha Scott M
Purchase Details
Closed on
Oct 2, 2001
Sold by
Villwock Betty Jean
Bought by
Searles Joan E
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 |
|---|---|---|---|
| Acker Ronald J | $182,900 | Trademark Title Services Inc | |
| Rank Alexander D | $149,900 | Liberty Title Inc | |
| Banon Paul J | $88,000 | -- | |
| Malecha Scott M | $139,900 | -- | |
| Searles Joan E | $149,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Acker Ronald J | $184,747 | |
| Previous Owner | Rank Alexander D | $151,414 | |
| Previous Owner | Banon Paul J | $96,633 |
Source: Public Records
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 | $2,684 | $242,800 | $68,200 | $174,600 |
| 2024 | $2,684 | $232,900 | $64,400 | $168,500 |
| 2023 | $2,430 | $232,900 | $64,400 | $168,500 |
| 2022 | $2,206 | $213,000 | $60,600 | $152,400 |
| 2021 | $1,976 | $184,900 | $49,200 | $135,700 |
| 2020 | $1,788 | $167,700 | $47,300 | $120,400 |
| 2019 | $1,728 | $156,600 | $41,700 | $114,900 |
| 2018 | $1,680 | $142,600 | $41,700 | $100,900 |
| 2017 | $1,928 | $135,600 | $37,900 | $97,700 |
| 2016 | $2,344 | $125,000 | $37,900 | $87,100 |
| 2015 | $2,286 | $148,400 | $30,300 | $118,100 |
| 2014 | -- | $148,500 | $30,300 | $118,200 |
Source: Public Records
Map
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