714 2nd St NW Faribault, MN 55021
Estimated Value: $224,000 - $241,000
3
Beds
2
Baths
780
Sq Ft
$296/Sq Ft
Est. Value
About This Home
This home is located at 714 2nd St NW, Faribault, MN 55021 and is currently estimated at $231,249, approximately $296 per square foot. 714 2nd St NW 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
Feb 26, 2019
Sold by
Burvee Scott A and Burvee Jessica K
Bought by
Kirk David
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
$141,350
Outstanding Balance
$124,271
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$106,978
Purchase Details
Closed on
Sep 12, 2016
Sold by
Raway Susan Jane
Bought by
Burvee Scott A and Burvee Jessica K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.44%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kirk David | $155,000 | North American Title Company | |
| Burvee Scott A | $119,000 | Title Recording Services Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kirk David | $141,350 | |
| Previous Owner | Burvee Scott A | $114,000 |
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 | $1,902 | $188,300 | $37,800 | $150,500 |
| 2024 | $1,902 | $181,200 | $35,500 | $145,700 |
| 2023 | $1,916 | $181,200 | $35,500 | $145,700 |
| 2022 | $1,720 | $173,400 | $35,500 | $137,900 |
| 2021 | $1,660 | $149,900 | $28,600 | $121,300 |
| 2020 | $1,588 | $145,200 | $27,500 | $117,700 |
| 2019 | $1,418 | $142,100 | $27,500 | $114,600 |
| 2018 | $1,278 | $128,600 | $25,200 | $103,400 |
| 2017 | $1,302 | $116,400 | $22,900 | $93,500 |
| 2016 | $1,268 | $115,300 | $22,900 | $92,400 |
| 2015 | $1,464 | $110,800 | $18,300 | $92,500 |
| 2014 | -- | $112,300 | $22,900 | $89,400 |
Source: Public Records
Map
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