NOT LISTED FOR SALE

718 1st St SW Faribault, MN 55021

Estimated Value: $272,000 - $338,000

3 Beds
2 Baths
2,222 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $290,000 $131 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,850/month

99 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • Storage Room

About This Home

As of June 2024

Come see this fully remodeled three-bedroom/two-bath home! Nestled on a
safe street with a beautiful yard, mature trees and space for
entertaining/relaxing. Brand new concrete driveway/sidewalk as you enter
the property. The main floor holds an open concept with tons of natural
light. It features a spacious living room, dining area and kitchen with new
unique concrete countertops, backsplash and modern finishes. There are
two bedrooms on the main floor with a full bath, and one bedroom on the
second story. The upper level has a very open floor plan that could be used
as a possible playroom or family room. Lots of closets! All new flooring
throughout main level and upper level. The basement is open, clean and
ready for the new owner's design - anything from an entertainment space,
exercise room, storage, etc. Awesome full bath added in basement.
Property has a detached one-stall garage, new deck steps/railing and
gorgeous custom front door entrance!

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue, LLC Listed on: 12/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1952

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 98 x 129 x 98 x 125

Parking

  • 1 Car Garage

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Bonus Room
  • Storage Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1832304006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,398

Year Built

Built in 1952

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
  • Water Source: City Water/Connected
  • Year Built: 1952
  • Above Grade Finished Sq Ft: 2104
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2222
  • Fireplace: No
  • Below Grade Finished Sq Ft: 118
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Storage, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Fencing: None

Garage/Parking

  • Parking Features: Detached, Concrete
  • Garage Square Feet: 336

Utilities

  • Heating: Forced Air
  • 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: 98 x 129 x 98 x 125
  • Lot Size Sq Ft: 9583.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1832304006
  • Tax Annual Amount: 2398
  • TaxWithAssessments: 2398.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Jun 5, 2024
Sold by
Joes Flooring And Decking Llc
Bought by
Peck Amanda
Seller's Agent
Moe Mossa
Savvy Avenue, LLC
List Price
$289,000
Sold Price
$290,000
Premium/Discount to List
$1,000
0.35%
Views
194
Current Estimated Value
$299,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,922
Avg. Annual Appreciation
3.28%
Original Mortgage
$290,000
Interest Rate
7.17%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 2023
Sold by
Allina Health System
Bought by
Joes Flooring And Decking Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peck Amanda $290,000 Bankers Title
Joes Flooring And Decking Llc $147,500 --
-- $7,128,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peck Amanda $295,131
Closed Peck Amanda $290,000
Previous Owner Joes Flooring And Decking Llc $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $290,000 +0.3% $131 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $289,000 -- $130 / Sq Ft
Source: NorthstarMLS

Tax History Compared to Growth

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 $2,630 $255,200 $57,000 $198,200
2024 $2,630 $210,100 $51,700 $158,400
2023 $2,398 $210,100 $51,700 $158,400
2022 $40 $195,400 $51,700 $143,700
2021 $40 $167,900 $41,000 $126,900
2020 $40 $144,100 $35,600 $108,500
2019 $514 $138,800 $35,600 $103,200
2018 $537 $138,900 $35,600 $103,300
2017 $560 $130,100 $35,600 $94,500
2016 $582 $131,800 $35,600 $96,200
2015 $605 $131,800 $35,600 $96,200
2014 -- $131,900 $35,600 $96,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6469100

NorthstarMLS

APN: 18.32.3.04.006