705 3rd St NE Faribault, MN 55021
Estimated Value: $260,000 - $284,000
3
Beds
2
Baths
1,633
Sq Ft
$166/Sq Ft
Est. Value
About This Home
This home is located at 705 3rd St NE, Faribault, MN 55021 and is currently estimated at $270,543, approximately $165 per square foot. 705 3rd St NE is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2021
Sold by
Rice John B and Rice Sandra L
Bought by
Deaton Christian Spencer and Deaton Suzanne Warwick
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
$172,000
Outstanding Balance
$155,631
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$114,912
Purchase Details
Closed on
Mar 13, 1997
Sold by
Mallery Robert A and Mallery Lisa B
Bought by
Rice John B and Rice Sandra L
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 |
|---|---|---|---|
| Deaton Christian Spencer | $215,000 | Edina Realty Title Inc | |
| Rice John B | $92,000 | -- | |
| Deaton Christian Christian | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deaton Christian Spencer | $172,000 | |
| Closed | Deaton Christian Christian | $172,000 |
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 | $2,588 | $243,800 | $64,700 | $179,100 |
| 2024 | $2,588 | $229,800 | $58,700 | $171,100 |
| 2023 | $2,482 | $229,800 | $58,700 | $171,100 |
| 2022 | $2,056 | $217,100 | $58,700 | $158,400 |
| 2021 | $1,968 | $174,100 | $46,500 | $127,600 |
| 2020 | $1,844 | $167,100 | $46,500 | $120,600 |
| 2019 | $1,692 | $160,700 | $42,500 | $118,200 |
| 2018 | $1,588 | $148,200 | $38,000 | $110,200 |
| 2017 | $1,692 | $138,000 | $36,000 | $102,000 |
| 2016 | $1,674 | $141,400 | $32,000 | $109,400 |
| 2015 | $1,578 | $137,600 | $32,000 | $105,600 |
| 2014 | -- | $136,500 | $36,000 | $100,500 |
Source: Public Records
Map
Nearby Homes
- 14xx Division St E
- 210 5th Ave NE
- 227 3rd Ave NE
- 501 Seabury Ln
- 1105 2nd St SE
- 15 1st St SE
- 1107 Shumway Ct
- 905 Orchard Heights Ct
- 915 3rd Ave NW
- 626 4th Ave NW
- 218 10th St NW
- 4 5th Ave NW
- 521 2nd St NW
- 416 8th St NW
- 531 2nd St NW
- 15 14th St NE
- 945 Rice St
- 614 6th St NW
- 635 5th Ave SW
- 522 7th Ave NW
- 207 Shumway Ave
- 715 3rd St NE
- 627 3rd St NE
- 305 Shumway Ave
- 710 3rd St NE
- 621 3rd St NE
- 214 Shumway Ave
- 727 Saint Paul Ave
- 718 3rd St NE
- 628 3rd St NE
- 620 3rd St NE
- 617 3rd St NE
- 724 3rd St NE
- 628 628 2nd-Street-ne
- 628 2nd St NE
- 317 Shumway Ave
- 614 3rd St NE
- 616 2nd St NE
- 616 616 2nd-Street-ne
- 713 Ravine St