NOT LISTED FOR SALE

6091 Fairfax Way Faribault, MN 55021

Estimated Value: $353,000 - $506,000

55.2 Acres
$7,996 Price per Acre
2,404,512 Sq Ft Lot

Last Sold November 18, 2014

Last sale price $250,000

Est. 77% increase in value since last sale

Current estimated payment $2,422/month

92 Days on Market

Highlights

  • 55.2 Acre Lot
  • 5 Acres of Pasture
  • Lot Has A Rolling Slope

About This Lot

As of November 2014

55 Acres located just east of Mazaska lake. Includes 60x40 Pole shed. CRP income is 6550/year. 19 acres of hardwood trees & 25 acres of native prairie grasses. The acreage around the Pole building is not in CRP.

Last Agent to Sell the Property

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 08/06/2014

Weichert, REALTORS- Heartland

Last Buyer's Agent

Lori Gustafson

Weichert, REALTORS- Heartland Listed on: 08/06/2014

Weichert, REALTORS- Heartland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,068

Lot Details

  • 55.2 Acre Lot
  • Lot Has A Rolling Slope
  • Site Plan Filed

Farming

  • 5 Acres of Pasture
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 0631475001

Property Details

Property Type

Land

Est. Annual Taxes

$1,068

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Estimated Wooded Acres: 5
  • Parcel Number: 0631475001
  • Projected Closed Date: 12/12/2014
  • Street Designation: Way
  • Taxes With Assessments: 1862
  • Estimated Number of Acres: 55.2
  • Estimated Pasture Acres: 5
  • Estimated Tillable Acres: 43
  • Development Status: Site Plan Filed
  • Land Improvements: Paved, Unpaved
  • Topography: Rolling
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Electric, Natural Gas

Schools

  • School District: Faribault #656

Lot Info

  • Lot/Land Description: Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2014
Closed on
Nov 17, 2014
Sold by
Vandam Nedra Nedra
Bought by
Wolff Timothy Timothy
Seller's Agent
Lori Gustafson
Weichert, REALTORS- Heartland
Buyer's Agent
Lori Gustafson
Weichert, REALTORS- Heartland
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$441,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,381
Avg. Annual Appreciation
5.34%
Source: Public Records

Range of Values:

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Average Value
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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
Wolff Timothy Timothy $250,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2014 11/18/14 Sold $250,000 0.0% --
11/06/2014 11/06/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $250,000 -- --
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 $1,068 $405,300 $402,500 $2,800
2024 $1,068 $368,300 $366,300 $2,000
2023 $876 $368,300 $366,300 $2,000
2022 $760 $307,300 $305,700 $1,600
2021 $786 $237,900 $236,400 $1,500
2020 $770 $237,800 $236,400 $1,400
2019 $776 $247,500 $246,100 $1,400
2018 $806 $238,000 $236,400 $1,600
2017 $916 $237,800 $236,400 $1,400
2016 $870 $238,000 $236,400 $1,600
2015 $1,682 $227,900 $226,200 $1,700
2014 -- $228,000 $226,200 $1,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4662230

REALTOR® Association of Southern Minnesota

APN: 06.31.4.75.001