NOT LISTED FOR SALE

616 Olander St Faribault, MN 55021

Estimated Value: $269,000 - $289,000

3 Beds
1.5 Baths
1,822 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $250,000 $137 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,717/month

25 Days on Market

Highlights

  • 2 Fireplaces
  • No HOA
  • 2 Car Attached Garage
  • Bonus Room
  • Home Gym
  • Patio

About This Home

As of August 2023

Idyllic setting with beautifully landscaped yard with private patio off of the kitchen to enjoy your morning coffee or to unwind with a refreshing beverage after a long day. Morning sun drenched living room with soaring ceiling, newly painted. Three bedrooms all on one level. Attached two car garage. Space to spread out. New wood fence in backyard. Close to churches, schools, parks and historic downtown Faribault. Easy access to major highways or Interstate 35. This home has so much to offer, a must see! New electrical panel installed May,2023. Wood burning fireplaces have not been used for many years. Their status is unknown.

Last Agent to Sell the Property

Kathy Kalow

Edina Realty, Inc. Listed on: 07/14/2023

Edina Realty, Inc.

Last Buyer's Agent

Matt Bartholomew

Real Broker, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1959

Lot Details

  • 8,015 Sq Ft Lot
  • Lot Dimensions are 100x96.8x64.3x99
  • Partially Fenced Property
  • Wood Fence
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Storage Room
  • Home Gym
  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Botsfords Country Club Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831351007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,484

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1959
  • Above Grade Finished Sq Ft: 1262
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished
  • Appliances: Refrigerator, Water Softener Owned
  • Fireplace Features: Wood Burning
  • Living Area: 1822
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 560
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Family Room, Laundry, Exercise Room, Bonus Room, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Partial, Wood
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Patio,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 100x96.8x64.3x99
  • Lot Size Sq Ft: 8015.04
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1831351007
  • Tax Annual Amount: 2484
  • TaxWithAssessments: 2524.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 23, 2023
Sold by
Lana Good Revocable Trust
Bought by
Acosta Kaleb
Seller's Agent
Kathy Kalow
Edina Realty, Inc.
Buyer's Agent
Matt Bartholomew
Real Broker, LLC.
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
121
Current Estimated Value
$284,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,666
Avg. Annual Appreciation
4.50%
Original Mortgage
$242,500
Outstanding Balance
$236,895
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$41,304
Source: Public Records
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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
Acosta Kaleb $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Kaleb $242,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $250,000 -9.1% $137 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $275,000 -- $151 / Sq Ft
Source: NorthstarMLS

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 $2,846 $262,100 $64,900 $197,200
2024 $2,846 $239,200 $59,400 $179,800
2023 $2,524 $239,200 $59,400 $179,800
2022 $2,182 $220,300 $59,400 $160,900
2021 $2,034 $183,200 $48,200 $135,000
2020 $1,894 $171,900 $42,700 $129,200
2019 $1,768 $164,300 $40,800 $123,500
2018 $1,740 $153,700 $37,100 $116,600
2017 $1,482 $148,700 $35,200 $113,500
2016 $1,488 $127,400 $33,400 $94,000
2015 $1,422 $125,300 $33,400 $91,900
2014 -- $125,500 $33,400 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6377016

NorthstarMLS

APN: 18.31.3.51.007