6671 198th Ct W Faribault, MN 55021
Estimated Value: $653,000 - $859,000
            
                3
                Beds
            
            
            
                6
                Baths
            
            
            
                3,372
                Sq Ft
            
            
                
                    $239/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 6671 198th Ct W, Faribault, MN 55021 and is currently estimated at $804,729, approximately $238 per square foot. 6671 198th Ct W 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
            
            
                Jun 29, 2020
            
        
                Sold by
            
            
                Simon Joseph G and Simon Sandra J
            
        
                Bought by
            
            
                Wood Kevin M and Wood Joany L
            
        
                            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
            
            
                $75,900
            
        
                Outstanding Balance
            
            
                $60,545
            
        
                Interest Rate
            
            
                3.1%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $744,184
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Wood Kevin M | $94,900 | Multiple | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Wood Kevin M | $75,900 | 
                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 | $5,812 | $765,800 | $165,000 | $600,800 | 
| 2024 | $5,812 | $697,300 | $147,500 | $549,800 | 
| 2023 | $5,136 | $697,300 | $147,500 | $549,800 | 
| 2022 | $4,522 | $635,200 | $133,000 | $502,200 | 
| 2021 | $4,236 | $533,800 | $115,600 | $418,200 | 
| 2020 | $3,994 | $508,000 | $113,100 | $394,900 | 
| 2019 | $3,718 | $503,900 | $113,100 | $390,800 | 
| 2018 | $3,702 | $461,800 | $113,100 | $348,700 | 
| 2017 | $3,782 | $455,300 | $137,100 | $318,200 | 
| 2016 | $3,830 | $433,100 | $137,100 | $296,000 | 
| 2015 | $3,646 | $425,000 | $137,100 | $287,900 | 
| 2014 | -- | $421,300 | $137,100 | $284,200 | 
                Source: Public Records
                    
            
        Map
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