NOT LISTED FOR SALE

621 5th Ave SW Faribault, MN 55021

Estimated Value: $247,000 - $261,111

3 Beds
1.5 Baths
1,511 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $238,000 $158 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,624/month

Highlights

  • Deck
  • Storage Room
  • Combination Dining and Living Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of March 2023

Welcome home! This 1950's, 1.5 story home is move-in ready - all the work is done! There are plenty of updates, including the kitchen and bathrooms, fresh paint, new storm doors, newer flooring, and lighting - no work required. The lower level family room offers plenty of space for activities, and the second floor bedroom is huge and has lots of built-in storage space. The fully fenced backyard is very private, has a spacious deck, and offers the perfect space to host family and friends for BBQ's and evening bonfires. The three car insulated garage has space for two cars and all your toys! This could be your next "home sweet home!" Call for your tour today.

Last Listed By

Leslie Tait

Edina Realty, Inc. Listed on: 03/06/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,992

Year Built

  • Built in 1951

Lot Details

  • 9,235 Sq Ft Lot
  • Lot Dimensions are 58.9x157
  • Privacy Fence
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Garage
  • Insulated Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Utility Room
  • Partially Finished Basement
  • Natural lighting in basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System

Community Details

  • No Home Owners Association
  • Grandview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831377038

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,992

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1101
  • 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, Daylight/Lookout Windows, Partially Finished
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1511
  • Fireplace: No
  • Below Grade Finished Sq Ft: 410
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Storage, Utility Room, Deck
  • SqFtTotal: 2428.00

Beds/Baths

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

Exterior Features

  • Fencing: Chain Link, Privacy
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached, Concrete, Insulated Garage
  • Garage Square Feet: 864
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 58.9x157
  • Lot Size Sq Ft: 9234.72
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1831377038
  • Tax Annual Amount: 1992
  • TaxWithAssessments: 2032.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 23, 2023
Sold by
Tait Ivar and Tait Leslie
Bought by
Zapata Juan
Seller's Agent
Leslie Tait
Edina Realty, Inc.
Buyer's Agent
Barb Erickson
Edina Realty, Inc.
List Price
$235,000
Sold Price
$238,000
Premium/Discount to List
$3,000
1.28%
Total Days on Market
0
Current Estimated Value
$254,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,778
Avg. Annual Appreciation
3.27%
Original Mortgage
$233,689
Outstanding Balance
$227,643
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$27,135

Purchase Details

Listed on
Sep 11, 2022
Closed on
Oct 3, 2022
Sold by
Jensen Adam and Jensen Danielle
Bought by
Tait Ivar and Tait Leslie
Buyer's Agent
Leslie Tait
Edina Realty, Inc.
List Price
$215,000
Sold Price
$215,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.14%

Purchase Details

Listed on
Oct 13, 2016
Closed on
Mar 23, 2017
Sold by
Cadorette Joseph R
Bought by
Jensen Adam
Seller's Agent
Kellie Krumwiede
Connect Real Estate Group
Buyer's Agent
Non Member
Non-Member
List Price
$157,000
Sold Price
$154,000
Premium/Discount to List
-$3,000
-1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$155,555
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2014
Closed on
Dec 18, 2014
Sold by
Holmblad Valerie Valerie
Bought by
Cadorette Joseph Joseph
Seller's Agent
Jenni Schendel
Edina Realty, Inc.
List Price
$139,500
Sold Price
$142,500
Premium/Discount to List
$3,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.46%
Original Mortgage
$142,500
Interest Rate
3.8%

Purchase Details

Closed on
May 28, 2010
Sold by
Heyer Peter J and Heyer Katherine M
Bought by
Holmblad Valerie J

Purchase Details

Closed on
Sep 14, 2001
Sold by
Paquette Anthony A and Paquette Lois B
Bought by
Heyer Peter J

Range of Values:

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Average Value
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List Price
Sold Price
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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
Zapata Juan $238,000 --
Tait Ivar $215,000 Northstar Title
Jensen Adam $154,000 Attorney
Cadorette Joseph Joseph $142,500 --
Holmblad Valerie J $150,000 --
Heyer Peter J $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zapata Juan $233,689
Previous Owner Jensen Adam $155,555
Previous Owner Cadorette Joseph Joseph $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $238,000 +1.3% $158 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $235,000 +9.3% $156 / Sq Ft
10/03/2022 10/03/22 Sold $215,000 0.0% $140 / Sq Ft
09/11/2022 09/11/22 For Sale $215,000 +39.6% $140 / Sq Ft
03/31/2017 03/31/17 Sold $154,000 -1.9% $100 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
10/13/2016 10/13/16 For Sale $157,000 +10.2% $102 / Sq Ft
12/18/2014 12/18/14 Sold $142,500 +2.2% $120 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
11/05/2014 11/05/14 For Sale $139,500 -- $118 / 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 $2,542 $229,700 $53,500 $176,200
2024 $2,542 $215,000 $50,600 $164,400
2023 $2,226 $215,000 $50,600 $164,400
2022 $2,032 $197,400 $47,600 $149,800
2021 $1,932 $172,300 $38,700 $133,600
2020 $1,770 $164,500 $37,200 $127,300
2019 $1,502 $155,400 $32,700 $122,700
2018 $1,400 $134,700 $32,700 $102,000
2017 $1,404 $124,900 $29,700 $95,200
2016 $1,252 $122,100 $29,700 $92,400
2015 $1,060 $109,700 $23,800 $85,900
2014 -- $100,400 $23,800 $76,600
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6332314

NorthstarMLS

APN: 18.31.3.77.038