NOT LISTED FOR SALE

622 5th St NW Faribault, MN 55021

Estimated Value: $183,426 - $219,000

2 Beds
1 Bath
1,019 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $30,000 $29 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $1,162/month

121 Days on Market

About This Home

As of August 2014

Great opportunity for this 1.5 story home. 1 BR on main & 1 BR on the upper level. Home sits on a nice sized lot & has an enclosed porch off the front of the home. Buyer & buyer's agent to verify all info. Buyer resp. for assessments.

Last Agent to Sell the Property

Jesse Graber

Edina Realty, Inc. Listed on: 04/01/2014

Co-Listed By

Debbie Graber

Edina Realty, Inc.

Last Buyer's Agent

Mark Erickson

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1879

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1,019 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1831226072

Home Details

Home Type

Single Family

Year Built

Built in 1879

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities Exterior: Porch
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 739.2
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 272
  • Parcel Number: 1831226072
  • Projected Closed Date: 08/28/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1122
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x14, On Level: Main
  • Room 2: Dining Room, 11x13, On Level: Main
  • Room 4: Kitchen, 13x12, On Level: Main
  • Room 5: Bedroom, 12x12, On Level: Main
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1019
  • Total Fin Square Footage: 1019

Exterior Features

  • Frontage Road: City
  • Roof: Asphalt Shingles

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x165

Building Info

  • Year Built: 1879

Tax Info

  • Year: 2014
  • Tax Value: 858

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2014
Closed on
Aug 22, 2014
Bought by
Schweisthal Collen Collen
Seller's Agent
Jesse Graber
Edina Realty, Inc.
Buyer's Agent
Mark Erickson
Edina Realty, Inc.
List Price
$61,900
Sold Price
$30,000
Premium/Discount to List
-$31,900
-51.53%
Current Estimated Value
$201,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,213
Avg. Annual Appreciation
19.10%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Schmitz Timothy J and Schmitz Jennifer K
Bought by
Becker Heather E

Purchase Details

Closed on
Oct 31, 2000
Sold by
Heimerman Christopher J and Heimerman Genette L
Bought by
Freed Jennifer K
Source: Public Records

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Range of Values:

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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
Schweisthal Collen Collen $30,000 --
Becker Heather E $108,500 --
Freed Jennifer K $83,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $30,000 -51.5% $29 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $61,900 -- $61 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $500 $36,900 $36,000 $900
2024 $500 $28,400 $27,800 $600
2023 $400 $28,400 $27,800 $600
2022 $394 $27,400 $26,800 $600
2021 $396 $25,100 $24,500 $600
2020 $372 $25,100 $24,500 $600
2019 $338 $24,000 $23,400 $600
2018 $348 $21,500 $21,000 $500
2017 $362 $21,500 $21,000 $500
2016 $1,160 $21,500 $21,000 $500
2015 $1,196 $82,600 $34,300 $48,300
2014 -- $86,400 $42,900 $43,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4597402

REALTOR® Association of Southern Minnesota

APN: 18.31.2.26.072