$224,900

531 2nd St NW Faribault, MN 55021

Estimated payment $1,354/month

Total Views 18,792
3 Beds
1.5 Baths
1,954 Sq Ft
$115 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Lower Floor Utility Room
  • Front Porch
  • No HOA
  • The kitchen features windows
  • 1 Car Attached Garage

About This Home

Step back in time with this beautifully maintained brick home built in 1900, filled with character and original craftsmanship. This three-bedroom home (one bedroom walks through to another to make 4 bedrooms) features natural woodwork, hardwood floors, spacious rooms, and a cozy eat-in kitchen perfect for family gatherings. Lovingly cared for by the same family for over 60 years, this property offers both history and warmth. Enjoy the charm of a classic home with the convenience of being within walking distance to downtown shops, restaurants, and community events. A rare opportunity to own a piece of local history — ready for its next chapter!

Listing Agent

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 11/07/2025

Weichert, REALTORS- Heartland

Co-Listing Agent

Sharon Kirk

Weichert, REALTORS- Heartland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 46x165x47x165

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,954 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Boiler Heating System
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • City/Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831126411

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,354

Year Built

Built in 1900

Lot Details

7,405 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 1954
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1954
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • Other Structures: Storage Shed
  • PatioPorchType: Front Porch, Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Electric Dryer Hookup, Lower Level, Washer Hookup
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), French Doors, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 5073336016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 46x165x47x165
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1831126411
  • Tax Annual Amount: 2354
  • TaxWithAssessments: 2394

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,394 $228,200 $39,900 $188,300
2024 $2,394 $216,000 $37,500 $178,500
2023 $2,196 $216,000 $37,500 $178,500
2022 $1,970 $195,000 $37,500 $157,500
2021 $1,742 $167,900 $30,200 $137,700
2020 $1,644 $151,000 $29,000 $122,000
2019 $1,494 $146,200 $29,000 $117,200
2018 $1,344 $134,100 $26,600 $107,500
2017 $1,354 $121,000 $24,200 $96,800
2016 $1,314 $118,700 $24,200 $94,500
2015 $1,262 $113,900 $19,400 $94,500
2014 -- $114,400 $24,200 $90,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2026 01/07/26 Price Changed $224,900 -3.3% $115 / Sq Ft
11/07/2025 11/07/25 For Sale $232,500 -- $119 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6813723

NorthstarMLS

APN: 18.31.1.26.411

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