NOT LISTED FOR SALE

525 5th St NE Faribault, MN 55021

Estimated Value: $454,000 - $532,000

4 Beds
2.5 Baths
5,241 Sq Ft
$92/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $425,000 $81 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,112/month

104 Days on Market

Highlights

  • 1 Fireplace
  • Sitting Room
  • Porch
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Due to unforeseen circumstances from the buyer, this property is back on the market!
This Queen Anne Victorian home, registered as National historic property is a must see! This wonderful home is located near Shattuck/St. Mary's and Minnesota State Academies for the Deaf and Blind. Top quality finished included a gourmet eat-in kitchen with custom cabinets, granite countertops, stainless steel appliances, with a new dishwasher, and microwave. On the main floor you will find the formal dining room, parlor, large living/family room, powder room, and the "School Room" with original to the house chalkboards. As you tour the home, the 2nd floor has 4 bedrooms and 2 full baths. With some work, the 3rd floor has potential to have additional space with a powder room and 3 additional bedrooms.

Last Listed By

Joan Hunt

Weichert, REALTORS- Heartland Listed on: 07/19/2023

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,885

Year Built

  • Built in 1890

Lot Details

  • 0.63

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • 0.63 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • City/Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831126019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,885

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1890
  • Above Grade Finished Sq Ft: 3438
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Rented
  • Living Area: 5241
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1803
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Sitting Room, Three Season Porch, Other Room

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 680

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Center Island,Kitchen Window,Natural Woodwork,Paneled Doors,Porch,Walk-Up Attic

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 167*165
  • Lot Size Sq Ft: 27442.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1831126019
  • Tax Annual Amount: 4885
  • TaxWithAssessments: 5056.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Nov 30, 2023
Sold by
Amundsen Jeffrey and Amundsen Amy
Bought by
Gergen Kyle and Gergen Stephen
Seller's Agent
Joan Hunt
Weichert, REALTORS- Heartland
Buyer's Agent
Kate Kuyper
Keller Williams Preferred Rlty
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%
Total Days on Market
104
Views
319
Current Estimated Value
$479,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,800
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Aug 30, 2007
Sold by
Grevious Todd and Grevious Lacie L
Bought by
Amundsen Jeffrey L and Amundsen Amy L

Range of Values:

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Average Value
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List Price
Sold Price
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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
Gergen Kyle $425,000 --
Amundsen Jeffrey L $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amundsen Jeffrey L $350,400
Previous Owner Amundsen Amy L $75,000
Previous Owner Amundsen Amy L $333,202
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $425,000 -7.6% $81 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $459,900 0.0% $88 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $459,900 -6.1% $88 / Sq Ft
08/01/2023 08/01/23 For Sale $490,000 -- $93 / 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 $5,424 $470,100 $92,500 $377,600
2024 $5,424 $432,200 $83,900 $348,300
2023 $5,056 $432,200 $83,900 $348,300
2022 $4,726 $405,400 $88,500 $316,900
2021 $4,612 $356,300 $73,900 $282,400
2020 $4,370 $345,900 $73,900 $272,000
2019 $4,098 $334,100 $67,500 $266,600
2018 $4,040 $310,000 $65,200 $244,800
2017 $3,556 $298,300 $61,700 $236,600
2016 $3,368 $255,700 $54,900 $200,800
2015 $3,172 $249,500 $54,900 $194,600
2014 -- $247,100 $61,700 $185,400
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6405262

NorthstarMLS

APN: 18.31.1.26.019