6741 Fairfax Way Faribault, MN 55021
Estimated Value: $574,000 - $653,000
5
Beds
3
Baths
4,021
Sq Ft
$149/Sq Ft
Est. Value
About This Home
This home is located at 6741 Fairfax Way, Faribault, MN 55021 and is currently estimated at $598,816, approximately $148 per square foot. 6741 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
Jun 28, 2024
Sold by
Trnka Cullen and Trnka Sarah
Bought by
Olson Bryan and Olson Samantha
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
$386,250
Outstanding Balance
$381,637
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$217,179
Purchase Details
Closed on
Oct 17, 2019
Sold by
Matthews Isabelle Jo
Bought by
Trnka Cullen and Trnka Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Olson Bryan | $536,251 | Near North Title | |
Trnka Cullen | $300,000 | Edina Realty Title Inc |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Olson Bryan | $386,250 | |
Previous Owner | Trnka Cullen | $285,000 |
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 | $3,896 | $520,300 | $99,600 | $420,700 |
2024 | $3,896 | $436,600 | $85,400 | $351,200 |
2023 | $3,334 | $436,600 | $85,400 | $351,200 |
2022 | $2,620 | $404,700 | $80,600 | $324,100 |
2021 | $2,524 | $301,000 | $66,400 | $234,600 |
2020 | $2,234 | $288,900 | $66,400 | $222,500 |
2019 | $2,306 | $268,100 | $66,400 | $201,700 |
2018 | $2,180 | $266,200 | $66,400 | $199,800 |
2017 | $126 | $244,800 | $66,400 | $178,400 |
2016 | $110 | $22,300 | $22,300 | $0 |
2015 | $214 | $29,000 | $29,000 | $0 |
2014 | -- | $29,000 | $29,000 | $0 |
Source: Public Records
Map
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