610 2nd St SW Faribault, MN 55021
Estimated Value: $285,000 - $349,000
5
Beds
2
Baths
2,138
Sq Ft
$153/Sq Ft
Est. Value
About This Home
This home is located at 610 2nd St SW, Faribault, MN 55021 and is currently estimated at $326,673, approximately $152 per square foot. 610 2nd St SW is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2020
Sold by
Michaels Stan R and Michaels Colleen
Bought by
Sime Tammie Freeman and Sime John
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,229
Outstanding Balance
$220,872
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$105,801
Purchase Details
Closed on
Oct 4, 2016
Sold by
Nielsen Robin L and Nielsen Renee R
Bought by
Michaels Stan R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,541
Interest Rate
3.5%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sime Tammie Freeman | $256,800 | Titlesmart Inc | |
| Michaels Stan R | $218,500 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sime Tammie Freeman | $248,229 | |
| Previous Owner | Michaels Stan R | $214,541 |
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 | $3,754 | $337,200 | $81,000 | $256,200 |
| 2024 | $3,754 | $305,300 | $76,100 | $229,200 |
| 2023 | $3,504 | $305,300 | $76,100 | $229,200 |
| 2022 | $3,174 | $295,900 | $79,900 | $216,000 |
| 2021 | $3,072 | $254,400 | $64,400 | $190,000 |
| 2020 | $2,920 | $245,900 | $61,900 | $184,000 |
| 2019 | $2,760 | $239,000 | $61,900 | $177,100 |
| 2018 | $2,542 | $224,700 | $61,400 | $163,300 |
| 2017 | $2,322 | $204,400 | $55,800 | $148,600 |
| 2016 | $2,212 | $183,900 | $55,800 | $128,100 |
| 2015 | $2,186 | $173,200 | $44,700 | $128,500 |
| 2014 | -- | $178,700 | $55,800 | $122,900 |
Source: Public Records
Map
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