NOT LISTED FOR SALE

6125 197th St E Faribault, MN 55021

Estimated Value: $531,000 - $579,000

4 Beds
1 Bath
1,976 Sq Ft
$277/Sq Ft Est. Value

About This Home

This home is located at 6125 197th St E, Faribault, MN 55021 and is currently estimated at $546,942, approximately $276 per square foot. 6125 197th St E is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Covert Joel A and Covert Kathryn
Bought by
Joel A Covert And Kathryn E Covert Revocable and Covert
Current Estimated Value
$546,942

Purchase Details

Closed on
Sep 26, 2016
Sold by
Covert Judith C and Covert Bradley
Bought by
Covert Joel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2014
Sold by
Covert Bradley P and Covert Judith C
Bought by
Covert Joel A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Joel A Covert And Kathryn E Covert Revocable $500 None Listed On Document
Covert Joel A $66,000 Attorney
Covert Joel A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Covert Joel A $155,000
Closed Covert Joel A --
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 $2,456 $535,500 $174,900 $360,600
2024 $2,456 $395,500 $154,300 $241,200
2023 $2,276 $395,500 $154,300 $241,200
2022 $2,638 $353,700 $134,200 $219,500
2021 $2,588 $319,900 $121,900 $198,000
2020 $2,328 $313,700 $119,400 $194,300
2019 $2,236 $291,700 $119,400 $172,300
2018 $1,704 $278,900 $119,400 $159,500
Source: Public Records

Map

Minnesota Rice County Faribault 55021

6125 197th St E, Faribault, MN

Not Listed for Sale

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