NOT LISTED FOR SALE

5321 Elkton Trail Faribault, MN 55021

Estimated Value: $592,000 - $826,000

3 Beds
2 Baths
2,316 Sq Ft
$319/Sq Ft Est. Value

About This Home

This home is located at 5321 Elkton Trail, Faribault, MN 55021 and is currently estimated at $737,987, approximately $318 per square foot. 5321 Elkton Trail is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2025
Sold by
Terhaar Kevin A and Terhaar Mary E
Bought by
Terhaar Kevin A and Terhaar Mary E
Current Estimated Value
$737,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$490,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$221,429

Purchase Details

Closed on
Dec 3, 2018
Sold by
Tonjum Mary B and Witte John R
Bought by
Witte John R and Witte Cheryl A

Purchase Details

Closed on
Nov 13, 2018
Sold by
Witte Bruce
Bought by
Witte John R and Witte Cheryl A

Purchase Details

Closed on
Apr 8, 2003
Sold by
Hoffman Gustav M and Hoffman Helen L
Bought by
Terhaar Kevin A and Terhaar Mary E
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Terhaar Kevin A $500 Ancona Title
Witte John R $2,000 None Available
Witte John R $2,000 None Available
Witte John R -- None Available
Terhaar Kevin A $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terhaar Kevin A $490,000
Source: Public Records

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 $4,924 $671,700 $219,800 $451,900
2024 $4,924 $605,600 $215,600 $390,000
2023 $4,202 $605,600 $215,600 $390,000
2022 $3,958 $540,100 $198,700 $341,400
2021 $3,800 $484,600 $186,000 $298,600
2020 $3,464 $463,300 $186,000 $277,300
2019 $3,394 $432,000 $186,000 $246,000
2018 $3,220 $421,600 $186,000 $235,600
2017 $3,342 $391,200 $186,000 $205,200
2016 $3,268 $377,800 $175,600 $202,200
2015 $3,166 $360,300 $175,600 $184,700
2014 -- $362,700 $175,600 $187,100
Source: Public Records

Map

Minnesota Rice County Faribault 55021

5321 Elkton Trail, Faribault, MN

This home is located at 5321 Elkton Trail, Faribault, MN 55021 and is currently estimated at $737,987, approximately $318 per square foot. 5321 Elkton Trail is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

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