NOT LISTED FOR SALE

718 3rd St NE Faribault, MN 55021

Estimated Value: $237,000 - $249,055

4 Beds
2 Baths
2,080 Sq Ft
$117/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $193,000 $93 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,456/month

Highlights

  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System
  • 1 Car Attached Garage
  • 1-Story Property
  • Dining Room

About This Home

As of January 2023

Charming four bedroom two bathroom home located in a well established neighborhood just walking distance
from restaurants and shopping. Fenced in backyard offers privacy to enjoy the large lawn and patio.
Possibility for multi family use as the property was formerly a duplex. Information deemed reliable but buyer and buyer's agent to verify all measurements. Agent is owner.

Last Agent to Sell the Property

Ryan Geiger

Weichert, REALTORS- Heartland Listed on: 12/27/2022

Weichert, REALTORS- Heartland

Last Buyer's Agent

Cindy Yerington

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,098

Year Built

  • Built in 1950

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140
  • Wood Fence
  • Irregular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Mccalls Add/Faribault Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1832278010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,098

Year Built

Built in 1950

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: 1950
  • Above Grade Finished Sq Ft: 1080
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full
  • Living Area: 2080
  • Below Grade Finished Sq Ft: 1000
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Wood

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Patio

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75X140
  • Lot Size Sq Ft: 10454.4
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 1832278010
  • Tax Annual Amount: 2098
  • TaxWithAssessments: 2138.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2022
Closed on
Jan 27, 2023
Sold by
Rg Real Estate Llc
Bought by
Nystuen Isaac A
Seller's Agent
Ryan Geiger
Weichert, REALTORS- Heartland
Buyer's Agent
Cindy Yerington
eXp Realty
List Price
$234,500
Sold Price
$193,000
Premium/Discount to List
-$41,500
-17.7%
Views
1
Current Estimated Value
$243,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,264
Avg. Annual Appreciation
8.22%
Original Mortgage
$143,000
Outstanding Balance
$78,521
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$164,743

Purchase Details

Closed on
Jul 27, 2018
Sold by
Nkr Properties Llc
Bought by
Rg Real Estate Llc

Purchase Details

Closed on
Mar 2, 2011
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Nkr Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,465
Interest Rate
5.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 10, 2000
Sold by
Brekke Dean Alan and Brekke Randy Lyn
Bought by
Morris Nathan E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nystuen Isaac A $193,000 Northstar Title
Rg Real Estate Llc $110,000 None Availablez
Nkr Properties Llc $61,100 --
Morris Nathan E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nystuen Isaac A $143,000
Previous Owner Nkr Properties Llc $49,465
Closed Rg Real Estate Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $193,000 -17.7% $93 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $234,500 -- $113 / 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 $2,220 $214,300 $58,800 $155,500
2024 $2,220 $199,900 $53,300 $146,600
2023 $2,308 $199,900 $53,300 $146,600
2022 $2,138 $187,900 $53,300 $134,600
2021 $1,892 $162,300 $42,300 $120,000
2020 $1,784 $142,400 $42,300 $100,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ryan Geiger

    Weichert, REALTORS- Heartland

    (651) 236-7031

    15 in this area

    34 Total Sales

    Ryan Geiger
    Section Image
  • Cindy Yerington

    Buyer's Agent in 2023

    Cindy Yerington

    eXp Realty

    (651) 724-2603

    38 in this area

    121 Total Sales

    Cindy Yerington
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6319318

NorthstarMLS

APN: 18.32.2.78.010

Minnesota Rice County Faribault 55021

718 3rd St NE, Faribault, MN

Not Listed for Sale

Detached

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