NOT LISTED FOR SALE

718 3rd Ave SW Faribault, MN 55021

Estimated Value: $256,000 - $281,000

4 Beds
2 Baths
1,692 Sq Ft
$159/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $122,570 $72 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,640/month

40 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Bathroom on Main Level
  • Wood Flooring
  • 2 Car Detached Garage
  • 2-minute walk to Wapacuta Park

About This Home

As of May 2013

4 BEDROOM RAMBLER (3 BEDROOMS ON MAIN FLOOR). HARDWOOD FLOORS, FRESH PAINT, NEWER WINDOWS & ROOF. SPACIOUS FAMILY ROOM IN LOWER LEVEL. LARGE DECK & OVERSIZED 2 CAR DETACHED GARAGE.

Last Agent to Sell the Property

Scott Nelson

Edina Realty, Inc. Listed on: 02/08/2013

Last Buyer's Agent

Suzanne Terry

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,003

Year Built

  • Built in 1953

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 55x157
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 1806201001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,003

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.2
  • Assessment Balance: 401
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1224
  • Parcel Number: 1806201001
  • Projected Closed Date: 05/15/2013
  • Stories: 1 Story
  • Taxes With Assessments: 1404
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 12x16, On Level: Main
  • Room 2: Dining Room, 12x16, On Level: Main
  • Room 3: Family Room, 29x16, On Level: Lower
  • Room 4: Kitchen, 8x16, On Level: Main
  • Room 5: Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 11x12, On Level: Main
  • Room 7: 17x11, On Level: Lower
  • Room 8: Bedroom, 8x10, On Level: Main
  • Basement Features: Egress Windows
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1224
  • Below Grade Finished Sq Ft: 468
  • Total Fin Square Footage: 1692

Exterior Features

  • Frontage Road: City
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 55x157
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2012
  • Tax Value: 1003

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2020
Sold by
Borka Sheryl and Borka Ryan
Bought by
Ellison Matthew and Ellison Sienna
Current Estimated Value
$269,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Outstanding Balance
$106,369
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$154,940

Purchase Details

Closed on
Oct 19, 2004
Sold by
Johanson Gregory D and Johanson Denise R
Bought by
Ellingson Rebecca A and Ellingson Erik J

Purchase Details

Closed on
Jun 16, 1997
Sold by
Jones Michael T and Jones Deborah J
Bought by
Johanson Gregory D and Johanson Denise R
Source: Public Records

Range of Values:

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Average Value
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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
Ellison Matthew $195,000 Edina Realty Title Inc
Ellingson Rebecca A $157,400 --
Johanson Gregory D $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison Matthew $20,000
Open Ellison Matthew $119,000
Previous Owner Borka Ryan $26,000
Previous Owner Borka Ryan $126,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $122,570 -1.9% $72 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $124,900 -- $74 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,622 $235,800 $50,000 $185,800
2024 $2,622 $216,500 $47,200 $169,300
2023 $2,222 $216,500 $47,200 $169,300
2022 $2,048 $197,000 $44,400 $152,600
2021 $1,612 $173,400 $36,100 $137,300
2020 $1,542 $141,800 $34,700 $107,100
2019 $1,398 $132,700 $30,600 $102,100
2018 $1,300 $121,100 $30,600 $90,500
2017 $1,210 $111,500 $27,800 $83,700
2016 $1,160 $109,000 $27,800 $81,200
2015 $1,126 $103,700 $22,200 $81,500
2014 -- $105,000 $22,200 $82,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Scott Nelson

    Edina Realty, Inc.

  • S

    Buyer's Agent in 2013

    Suzanne Terry

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4438709

REALTOR® Association of Southern Minnesota

APN: 18.06.2.01.001

Minnesota Rice County Faribault 55021

718 3rd Ave SW, Faribault, MN

This home is located at 718 3rd Ave SW, Faribault, MN 55021 since 08 February 2013 and is currently estimated at $269,134, approximately $159 per square foot. This property was built in 1953. 718 3rd Ave SW is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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