NOT LISTED FOR SALE

721 1st St SW Faribault, MN 55021

Estimated Value: $215,491 - $250,000

3 Beds
1.5 Baths
1,686 Sq Ft
$138/Sq Ft Est. Value

Last Sold July 17, 2017

Last sale price $160,000 $95 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,464/month

23 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Walk-In Closet
  • Formal Dining Room
  • Woodwork
  • Landscaped with Trees

About This Home

As of July 2017

Here it is! All the classic charm of the 1900's with modern touches! This 3 bedroom, 1.5 bath on a quiet street awaits it's new owner. Solid and well cared for. Main level of the home has kitchen with many cabinets, 1/2 bathroom, large family room & dining room with beautiful new floors, and front entrance with double closets. Kitchen also has a pantry for additional storage. Up the stairs are 3 very nice sized bedrooms, including the master which has double closets! All the bedrooms have walk in closets. Full bathroom, which was recently redone, completes the upstairs. Cellar just off the back steps is a great bonus space. Basement is clean, bright, and dry. There are two storage rooms with cabinets as well. Newer water heater, new furnace/AC in 2016, and washer/dryer stay with home. Step outside to the BEAUTIFULLY landscaped oversized lot, with plenty of space for just about anything. Single detached garage, with additional storage space (or parking) in the back of garage. Roof on home and garage are new within the last 7 years. This is a gem you won't want to pass up!

Last Agent to Sell the Property

Kellie Krumwiede

Connect Real Estate Group Listed on: 05/12/2017

Last Buyer's Agent

Non Member

Non-Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • 1914

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 66x165
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,686 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 18.31.3.26.037

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

1914

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Walk-In Closet, Combination Windows (L), Smoke Alarms (L), CO Detectors (L), Window Coverings (L)
  • Amenities Exterior: Driveway - Concrete
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 40
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 888
  • L V T Date: 05/12/2017
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 18.31.3.26.037
  • Price Per Square Foot: 63
  • Sold Price Per Sq Ft: 62
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1226
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1914

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x17, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 3: Kitchen, 11x9, On Level: Main
  • Room 4: Bedroom, 13x13, On Level: Upper
  • Room 5: Bedroom, 10x11, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 8: Workshop, 7x14, On Level: Lower
  • Basement Features: Unfinished
  • Basement Material: Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1686
  • Tot Above Grade Sq Ft: 1686
  • Total Fin Square Footage: 1686
  • Total Square Footage: 2574
  • Tot Below Grade Sq Ft: 888

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Metal, Stone, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 66x165
  • Lot/Land Description: Landscaped, Tree Coverage - Medium, Paved Streets, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2024
Sold by
Cake Bethanne and Cake Matthew
Bought by
Hernandez Castillo Eduardo and Hernandez Kiera
Current Estimated Value
$232,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,506
Outstanding Balance
$188,055
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$44,568

Purchase Details

Listed on
May 12, 2017
Closed on
Jul 17, 2017
Sold by
Mathiason Jarod R and Mathiason Amy L
Bought by
Cake Bethanne
Seller's Agent
Kellie Krumwiede
Connect Real Estate Group
Buyer's Agent
Non Member
Non-Member
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$157,102
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2010
Sold by
Wegner Bernard C and Wegner Irene L
Bought by
Mathiason Jarod R and Mathiason Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,280
Interest Rate
4.87%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Hernandez Castillo Eduardo $205,000 --
Cake Bethanne $160,000 Burnet Title
Mathiason Jarod R $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Castillo Eduardo $190,506
Previous Owner Cake Bethanne $157,102
Previous Owner Mathiason Jarod $124,000
Previous Owner Mathiason Jarod R $120,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $160,000 -1.8% $95 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
05/22/2017 05/22/17 Price Changed $163,000 -1.2% $97 / Sq Ft
05/12/2017 05/12/17 For Sale $165,000 -- $98 / 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 $2,074 $202,600 $56,600 $146,000
2024 $2,074 $186,300 $53,200 $133,100
2023 $1,974 $186,300 $53,200 $133,100
2022 $1,748 $177,900 $53,200 $124,700
2021 $1,562 $152,000 $42,900 $109,100
2020 $1,484 $138,200 $41,200 $97,000
2019 $1,344 $134,400 $41,200 $93,200
2018 $1,214 $123,300 $37,800 $85,500
2017 $1,226 $111,900 $34,300 $77,600
2016 $1,156 $110,100 $34,300 $75,800
2015 $1,150 $103,300 $27,500 $75,800
2014 -- $106,600 $34,300 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7014577

REALTOR® Association of Southern Minnesota

APN: 18.31.3.26.037