NOT LISTED FOR SALE

553 Park Ave NW Faribault, MN 55021

Estimated Value: $165,890 - $222,000

3 Beds
1 Bath
744 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 28, 2012

Last sale price $49,900 $67 Per Sq Ft

Est. 272% increase in value since last sale

Current estimated payment $1,126/month

50 Days on Market

Highlights

  • Bathroom on Main Level
  • Forced Air Heating System
  • Wood Siding
  • 1-Story Property

About This Home

As of June 2012

Great Opportunity! 3 bedroom, 1 bath home, nice sized rooms,eat in kitchen, family room in lower level. Buyer & buyer's agent to verify all info, sold AS IS.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 04/23/2012

Last Buyer's Agent

Jennifer Campbell

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,160

Year Built

  • 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x145

Home Design

  • Wood Siding

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,160

Year Built

1948

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 0.17
  • Assessment Balance: 26
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 720
  • Projected Closed Date: 06/29/2012
  • Stories: 1 Story
  • Taxes With Assessments: 910
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x13, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, 15x10, On Level: Main
  • Room 5: Bedroom, 13x13, On Level: Main
  • Room 6: Bedroom, 13x10, On Level: Main
  • Room 7: 25x14, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 744
  • Total Fin Square Footage: 744

Exterior Features

  • Frontage Road: City
  • Exterior: Wood

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 50x145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Walsh David and Selk Kathleen
Bought by
Ingeman Russel Lee
Current Estimated Value
$185,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$84,229
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$131,223

Purchase Details

Listed on
Apr 23, 2012
Closed on
Jun 28, 2012
Sold by
Federal National Mortgage Association
Bought by
Walsh David and Walsh Kathleen
Seller's Agent
Jesse Graber
Edina Realty, Inc.
Buyer's Agent
Jennifer Campbell
Edina Realty, Inc.
List Price
$69,900
Sold Price
$49,900
Premium/Discount to List
-$20,000
-28.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Herda Michael F and Herda Susan L
Bought by
Ellsmore David E
Source: Public Records

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Range of Values:

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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
Ingeman Russel Lee $120,000 Knight Barry Ttl United Llc
Walsh David $49,900 --
Ellsmore David E $73,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingeman Russel Lee $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2012 06/28/12 Sold $49,900 -28.6% $67 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
04/23/2012 04/23/12 For Sale $69,900 -- $94 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,160 $130,400 $35,900 $94,500
2024 $1,160 $125,800 $34,700 $91,100
2023 $1,208 $125,800 $34,700 $91,100
2022 $1,044 $118,800 $33,400 $85,400
2021 $892 $101,300 $28,500 $72,800
2020 $864 $90,400 $27,200 $63,200
2019 $998 $85,200 $22,300 $62,900
2018 $1,118 $74,000 $17,800 $56,200
2017 $1,100 $67,200 $15,800 $51,400
2016 $1,232 $63,000 $15,800 $47,200
2015 $1,154 $70,600 $11,900 $58,700
2014 -- $67,700 $14,900 $52,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jesse Graber

    Edina Realty, Inc.

  • J

    Buyer's Agent in 2012

    Jennifer Campbell

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4122768

REALTOR® Association of Southern Minnesota

APN: 18.36.1.25.022

Minnesota Rice County Faribault 55021

553 Park Ave NW, Faribault, MN

This home is located at 553 Park Ave NW, Faribault, MN 55021 since 23 April 2012 and is currently estimated at $185,473, approximately $249 per square foot. This property was built in 1948. 553 Park Ave NW is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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