720 3rd St SW Faribault, MN 55021
Estimated Value: $245,000 - $251,015
4
Beds
2
Baths
1,340
Sq Ft
$185/Sq Ft
Est. Value
About This Home
This home is located at 720 3rd St SW, Faribault, MN 55021 and is currently estimated at $248,504, approximately $185 per square foot. 720 3rd St SW is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 30, 2021
Sold by
Eberle Anthony
Bought by
Gomez Joseph E and Gomez Natalie
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
$209,000
Interest Rate
2.9%
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 |
|---|---|---|---|
| Gomez Joseph E | $220,000 | Titlesmart Inc | |
| Gomez Joseph Joseph | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gomez Joseph E | $209,000 | |
| Closed | Gomez Joseph Joseph | $220,000 |
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 | $2,194 | $212,300 | $51,200 | $161,100 |
| 2024 | $2,194 | $205,600 | $48,100 | $157,500 |
| 2023 | $2,204 | $205,600 | $48,100 | $157,500 |
| 2022 | $1,964 | $195,600 | $48,100 | $147,500 |
| 2021 | $1,558 | $167,400 | $38,800 | $128,600 |
| 2020 | $1,474 | $137,800 | $37,200 | $100,600 |
| 2019 | $1,336 | $133,700 | $37,200 | $96,500 |
| 2018 | $1,178 | $122,700 | $34,100 | $88,600 |
| 2017 | $1,034 | $109,500 | $31,000 | $78,500 |
| 2016 | $968 | $97,200 | $31,000 | $66,200 |
| 2015 | $966 | $91,000 | $24,800 | $66,200 |
| 2014 | -- | $94,000 | $31,000 | $63,000 |
Source: Public Records
Map
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