616 2nd St NW Faribault, MN 55021
Estimated Value: $216,000 - $248,000
3
Beds
2
Baths
2,300
Sq Ft
$102/Sq Ft
Est. Value
About This Home
This home is located at 616 2nd St NW, Faribault, MN 55021 and is currently estimated at $234,195, approximately $101 per square foot. 616 2nd St NW is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 30, 2020
Sold by
Pecore Angela M and Pecore Jason M
Bought by
Nystrom Kieren
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
$198,486
Outstanding Balance
$176,624
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$57,571
Purchase Details
Closed on
Aug 9, 2018
Sold by
Degroot Arthur
Bought by
Malecha Angela M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2009
Sold by
Moldenhauer Ardis
Bought by
Archambault Marisela
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nystrom Kieren | $196,500 | Multiple | |
| Malecha Angela M | $140,000 | Edina Relaty Title | |
| Archambault Marisela | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nystrom Kieren | $198,486 | |
| Previous Owner | Malecha Angela M | $91,250 |
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 | $2,146 | $208,200 | $55,000 | $153,200 |
| 2024 | $2,146 | $203,700 | $51,700 | $152,000 |
| 2023 | $2,184 | $203,700 | $51,700 | $152,000 |
| 2022 | $1,938 | $194,100 | $51,700 | $142,400 |
| 2021 | $1,688 | $165,600 | $41,700 | $123,900 |
| 2020 | $1,598 | $147,100 | $40,000 | $107,100 |
| 2019 | $1,454 | $142,800 | $40,000 | $102,800 |
| 2018 | $1,332 | $131,100 | $36,700 | $94,400 |
| 2017 | $1,320 | $120,100 | $33,300 | $86,800 |
| 2016 | $1,252 | $116,400 | $33,300 | $83,100 |
| 2015 | $1,232 | $109,800 | $26,700 | $83,100 |
| 2014 | -- | $112,400 | $33,300 | $79,100 |
Source: Public Records
Map
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