6187 Fairfax Way Faribault, MN 55021
Estimated Value: $322,000 - $438,000
3
Beds
2
Baths
1,040
Sq Ft
$349/Sq Ft
Est. Value
About This Home
This home is located at 6187 Fairfax Way, Faribault, MN 55021 and is currently estimated at $363,397, approximately $349 per square foot. 6187 Fairfax Way 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
Sep 5, 2025
Sold by
Reiland Mark D and Reiland Andria M
Bought by
Medgaarden Charles D
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
$13,300
Outstanding Balance
$13,300
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$350,097
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Medgaarden Charles D | $144,500 | Precision Land Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Medgaarden Charles D | $13,300 | |
Open | Medgaarden Charles D | $137,275 |
Source: Public Records
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 | $2,398 | $313,900 | $94,700 | $219,200 |
2024 | $2,274 | $292,400 | $81,200 | $211,200 |
2023 | $2,220 | $292,400 | $81,200 | $211,200 |
2022 | $1,924 | $267,500 | $76,600 | $190,900 |
2021 | $1,696 | $214,200 | $63,900 | $150,300 |
2020 | $1,590 | $186,800 | $63,900 | $122,900 |
2019 | $1,582 | $182,200 | $63,900 | $118,300 |
2018 | $1,472 | $181,000 | $63,900 | $117,100 |
2017 | $1,520 | $163,800 | $63,900 | $99,900 |
2016 | $1,568 | $157,400 | $63,900 | $93,500 |
2015 | $1,458 | $158,600 | $63,900 | $94,700 |
2014 | -- | $152,800 | $63,900 | $88,900 |
Source: Public Records
Map
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