618 7th Ave NW Faribault, MN 55021
3
Beds
1.5
Baths
1,683
Sq Ft
5,706
Sq Ft Lot
Highlights
- Main Floor Primary Bedroom
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- No HOA
- Living Room
- Family Room
About This Home
As of October 2024Discover 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.
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
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,683 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Range
- Unfinished Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- 100 Amp Service
Community Details
- No Home Owners Association
- Mcclellands Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1831226028
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,410
Avg. Annual Appreciation
11.84%
Original Mortgage
$146,500
Outstanding Balance
$145,647
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$77,263
Similar Homes in Faribault, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $207,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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
-
Rachel Springer
Seller's Agent in 2024
Rachel Springer
RE/MAX
2 in this area
72 Total Sales
-
Diane Thiemann
Buyer's Agent in 2024
Diane Thiemann
Coldwell Banker River Valley,
(507) 951-0924
2 in this area
112 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6607180
APN: 18.31.2.26.028
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