721 2nd St SW Faribault, MN 55021
Estimated Value: $264,000 - $298,000
3
Beds
2
Baths
2,430
Sq Ft
$119/Sq Ft
Est. Value
About This Home
This home is located at 721 2nd St SW, Faribault, MN 55021 and is currently estimated at $288,275, approximately $118 per square foot. 721 2nd 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
Aug 30, 2019
Sold by
Radatz Patricia A and Radatz Ronald
Bought by
Perras David R and Perras Patricia A
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
$211,765
Outstanding Balance
$185,869
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$102,406
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perras David R | $205,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perras David R | $211,765 |
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 | $3,078 | $280,200 | $51,500 | $228,700 |
| 2024 | $3,078 | $263,000 | $48,400 | $214,600 |
| 2023 | $2,890 | $263,000 | $48,400 | $214,600 |
| 2022 | $2,556 | $248,500 | $48,400 | $200,100 |
| 2021 | $2,512 | $209,900 | $39,000 | $170,900 |
| 2020 | $2,374 | $205,900 | $37,400 | $168,500 |
| 2019 | $2,194 | $199,300 | $37,400 | $161,900 |
| 2018 | $1,974 | $184,200 | $34,300 | $149,900 |
| 2017 | $2,050 | $164,900 | $31,200 | $133,700 |
| 2016 | $2,006 | $165,500 | $31,200 | $134,300 |
| 2015 | $1,928 | $159,600 | $25,000 | $134,600 |
| 2014 | -- | $160,700 | $31,200 | $129,500 |
Source: Public Records
Map
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