NOT LISTED FOR SALE

618 7th Ave NW Faribault, MN 55021

Estimated Value: $220,000 - $249,000

3 Beds
1.5 Baths
1,683 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $207,500 $123 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,398/month

7 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Dining Room

About This Home

As of October 2024

Discover this charming 1 1/2 story 3 bedroom home featuring low-maintenance lawn care and a spacious attached two-car garage. The main floor boasts a large primary bedroom with half bath for easy living, alongside a formal dining room and a cozy family room addition, ideal for gatherings. Original hardwood floors lie beneath the living room, dining room and one of the main floor bedroom carpeting, offering potential for an easy, charming update. Upstairs you’ll find the 3rd bedroom with an additional room with plumbing ready to access for a future bathroom upstairs as well for an additional master retreat. Recent improvements include a brand-new roof, while the expansive unfinished basement is ready for all your storage needs or the opportunity to create additional living space. This home offers both character and versatility, and is ready for your new touches.

Last Agent to Sell the Property

Rachel Springer

RE/MAX Venture Listed on: 09/25/2024

RE/MAX Venture

Last Buyer's Agent

Diane Thiemann

Coldwell Banker River Valley,

Coldwell Banker River Valley,

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1941

Lot Details

  • 5,706 Sq Ft Lot
  • Lot Dimensions are 76 x 82
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1,683 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Block Basement Construction
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Mcclellands Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831226028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 1941

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
  • Water Source: City Water/Connected
  • Year Built: 1941
  • Above Grade Finished Sq Ft: 1683
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Unfinished
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Rented
  • Living Area: 1683
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • ConstructionMaterialsDesc: Brick,Frame

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Main Floor Primary Bedroom

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 76 x 82
  • Lot Size Sq Ft: 5706.36
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1831226028
  • Tax Annual Amount: 2158
  • TaxWithAssessments: 2158.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Oct 29, 2024
Sold by
Carlson Julie and Hoffman Mark
Bought by
Seipel Corine
Seller's Agent
Rachel Springer
RE/MAX Venture
Buyer's Agent
Diane Thiemann
Coldwell Banker River Valley,
List Price
$199,900
Sold Price
$207,500
Premium/Discount to List
$7,600
3.8%
Views
13
Current Estimated Value
$231,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,186
Avg. Annual Appreciation
9.22%
Original Mortgage
$146,500
Outstanding Balance
$145,063
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$86,623
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
Seipel Corine $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seipel Corine $146,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $207,500 +3.8% $123 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $199,900 -- $119 / Sq Ft
Source: NorthstarMLS

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 $2,334 $220,200 $44,600 $175,600
2024 $2,334 $198,200 $34,100 $164,100
2023 $2,038 $198,200 $34,100 $164,100
2022 $1,896 $182,900 $32,800 $150,100
2021 $1,726 $162,600 $27,600 $135,000
2020 $1,566 $149,900 $27,600 $122,300
2019 $1,426 $140,500 $26,300 $114,200
2018 $1,310 $129,200 $23,600 $105,600
2017 $1,210 $118,700 $23,600 $95,100
2016 $1,214 $109,000 $21,000 $88,000
2015 $1,236 $107,300 $21,000 $86,300
2014 -- $112,600 $26,300 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6607180

NorthstarMLS

APN: 18.31.2.26.028