531 2nd St NW Faribault, MN 55021
Estimated payment $1,354/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 6813723
APN: 18.31.1.26.411
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Ask me questions while you tour the home.