$178,500

718 1st St SW Faribault, MN 55021

Estimated payment $1,190/month

Total Views 57,956
3 Beds
2 Baths
2,160 Sq Ft
$83 Price per Sq Ft

Highlights

  • 1 Fireplace
  • Den
  • Living Room
  • No HOA
  • Porch
  • 1-Story Property

About This Home

SPECIAL $100 DOWN PAYMENT PROGRAM. REHAB FUND UP TO $11,000 WITH 203B WITH ESCROW. Great potential. 3 bedroom up, 2 baths and a 2 car detached. Garage. Basement is finished, but the dens could be converted into bedrooms with added egress windows and other improvements. Investor are welcome/

Listing Agent

John Clay

Associated, REALTORS Listed on: 05/27/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,454

Year Built

  • Built in 1955

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 66x170

Parking

  • 1 Car Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Den
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Baseboard Heating
  • Boiler Heating System

Community Details

  • No Home Owners Association
  • Dan Fblts 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1831325012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,454

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1360
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1104
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Living Area: 2160
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 800
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch, Family Room, Den

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Enclosed,Porch

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 384
  • Garage Door Height: 7

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictNumber: 656
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 66x170
  • Lot Size Sq Ft: 11194.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1831325012
  • Tax Annual Amount: 2454
  • TaxWithAssessments: 2454.0000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,098 $234,300 $56,600 $177,700
2024 $2,454 $207,300 $53,200 $154,100
2023 $2,426 $207,300 $53,200 $154,100
2022 $2,230 $197,700 $53,200 $144,500
2021 $2,120 $169,400 $42,900 $126,500
2020 $2,020 $159,800 $41,200 $118,600
2019 $1,612 $155,200 $41,200 $114,000
2018 $1,382 $142,500 $37,800 $104,700
2017 $1,418 $123,600 $34,300 $89,300
2016 $1,350 $123,000 $34,300 $88,700
2015 $1,320 $116,200 $27,500 $88,700
2014 -- $118,500 $34,300 $84,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $178,500 -15.0% $83 / Sq Ft
05/27/2025 05/27/25 For Sale $210,000 +75.0% $97 / Sq Ft
11/24/2014 11/24/14 Sold $120,000 -7.7% $49 / Sq Ft
11/06/2014 11/06/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $130,000 -- $53 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Sheriffs Deed $179,740 --
Warranty Deed $163,500 Liberty Title Inc
Warranty Deed $142,000 Attorney
Deed $120,000 --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,884 VA
Previous Owner $160,538 FHA
Previous Owner $143,434 New Conventional
Previous Owner $96,000 No Value Available
Source: Public Records

About the Listing Agent

John Clay

Associated, REALTORS

(507) 578-8472

Section Image

Every agent loves to help people find their dream home; they also love collaborating with people. What separates one agent from another? Challenging work, dedication, responsiveness. You can expect these basic qualities, collaborating with John.

John takes care of his client's versus just trying to sell them a home, he will always work to conduct the goals and desires of my clients before worrying about "getting a deal". Long on-going relationships are the reason he loves this job so

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Source: NorthstarMLS

MLS Number: 6723278

NorthstarMLS

APN: 18.31.3.25.012