NOT LISTED FOR SALE

5595 232nd St W Faribault, MN 55021

Estimated Value: $951,000 - $1,051,000

4 Beds
4 Baths
4,527 Sq Ft
$221/Sq Ft Est. Value

Last Sold August 07, 2023

Last sale price $915,000 $202 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,867/month

42 Days on Market

Highlights

  • 102 Feet of Waterfront
  • Deck
  • Screened Porch
  • Fireplace in Primary Bedroom
  • No HOA
  • The kitchen features windows

About This Home

As of August 2023

Enjoy Lakeshore Lifestyle on Popular Cannon Lake! Boat, Ski, Sail, Fish, Swim! Stunning Architecturally Designed 2 Story Walk-Out. Gorgeous, Meticulously Maintained Property! Open Flr Plan. Chef's Dream Kitchen complete w/large Wolf Range, Sub-Zero Refrigerator, Island & Additional Freezer & Refrigerator in Laundry Rm. Great Rm offers Gas Fireplace, Built-in Cabinetry, Dining Area, Lake View & Access to Screened Porch & Deck! Library/Den is close to 3/4 Bath offering opportunity to convert Den to Main Flr Bedrm. Expansive Laundry Rm & Mud Rm. Upper Lvl Presents a Magnificent Owner's Suite w/Sensational View, Gas FP, 2 walk-in Closets & Large Priv Bath! Also, 2 Lge Bedrms w/Full Bath! Walk-Out Lvl: Fam Rm, Heated Flr, Billiards Area, Bedrm & Expansive Patio. Extra Deep 3rd Car Stall for Boat, Garage Door on Both Sides. Included: Dock & Exercise Equip. Close to Sakatah Trail! Faribault offers wonderful dining & entertainment. 45 Min to MSP Airport. Refer to Supplement for Upgrades!

Last Agent to Sell the Property

Julie Trones

RE/MAX Results Listed on: 06/16/2023

RE/MAX Results

Last Buyer's Agent

Anna Dahlby

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,066

Year Built

  • Built in 2001

Lot Details

  • 0.6 Acre Lot
  • 102 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Insulated Garage

Home Design

  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Library
  • Screened Porch

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Iron Water Filter
  • Water Filtration System
  • Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Draper Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1417201010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,066

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 3142
  • Water Body Name: Cannon
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Dryer, Exhaust Fan, Freezer, Water Filtration System, Iron Filter, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Living Area: 4527
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1385
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Foyer, Deck, Screened Porch, Library, Patio
  • SqFtTotal: 4990.00

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Pitched
  • View: Lake, North, West
  • PatioPorchType: Deck,Patio,Porch,Rear Porch,Screened,Side Porch
  • Lake Bottom: Hard
  • LakeChain: N
  • Waterfront Frontage: 102

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Porch,Panoramic View,In-Ground Sprinkler,Tile Floors,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: .61
  • Lot Size Sq Ft: 26310.24
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1417201010
  • Tax Annual Amount: 6066
  • TaxWithAssessments: 6066.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 7, 2023
Sold by
Justice John L and Justice Diane
Bought by
Walz Jon and Walz Patricia
Seller's Agent
Julie Trones
RE/MAX Results
Buyer's Agent
Anna Dahlby
Edina Realty, Inc.
List Price
$925,000
Sold Price
$915,000
Premium/Discount to List
-$10,000
-1.08%
Views
209
Current Estimated Value
$999,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,095
Avg. Annual Appreciation
4.02%
Original Mortgage
$274,000
Outstanding Balance
$267,756
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
$731,339

Purchase Details

Closed on
Jul 22, 2020
Sold by
Forslund Jeffrey S and Forslund Kari A
Bought by
Justice John L and Justice Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Walz Jon $915,000 Stewart Title Company
Justice John L $725,000 Edgewater Title Group Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walz Jon $274,000
Previous Owner Justice John L $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $915,000 -1.1% $202 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $925,000 -- $204 / 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 $7,332 $921,500 $144,400 $777,100
2024 $7,332 $916,200 $138,900 $777,300
2023 $6,486 $916,200 $138,900 $777,300
2022 $6,066 $794,400 $127,000 $667,400
2021 $5,598 $706,600 $119,200 $587,400
2020 $4,852 $655,100 $119,200 $535,900
2019 $4,684 $590,200 $116,600 $473,600
2018 $42 $570,100 $117,900 $452,200
2017 $4,552 $520,400 $117,900 $402,500
2016 $4,192 $510,700 $117,900 $392,800
2015 $3,678 $458,500 $117,900 $340,600
2014 -- $418,000 $117,900 $300,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Trones

    Seller's Agent in 2023

    Julie Trones

    RE/MAX Results

    (612) 384-9019

    94 Total Sales

    Julie Trones
    Section Image
  • Anna Dahlby

    Buyer's Agent in 2023

    Anna Dahlby

    Edina Realty, Inc.

    (612) 388-1916

    120 Total Sales

    Anna Dahlby
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6371877

NorthstarMLS

APN: 14.17.2.01.010

Minnesota Rice County Faribault 55021

5595 232nd St W, Faribault, MN

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