NOT LISTED FOR SALE

721 721 2nd Ave NW Faribault, MN 55021

Estimated Value: $356,763 - $370,000

5 Beds
3.5 Baths
5,322 Sq Ft
$68/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $245,000 $46 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,240/month

503 Days on Market

Highlights

  • 0.75 Acre Lot
  • Corner Lot
  • 3 Car Attached Garage
  • Wood Flooring
  • Formal Dining Room
  • Woodwork

About This Home

As of December 2013

Parcel currently includes vacant lot L5, Church L6 & Rectory L7 and is zoned R-2 (Low Density Residential). Seller is willing to sell Church with vacant lot ($245,000) and Rectory ($200,000) separately based on city approval. More info in supplements.

Last Agent to Sell the Property

Michael Peroutka

Weichert, REALTORS- Heartland Listed on: 07/12/2012

Co-Listed By

Michelle Jasinski

Weichert, REALTORS- Heartland

Last Buyer's Agent

Michael Peroutka

Weichert, REALTORS- Heartland Listed on: 07/12/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • 0.75 Acre Lot
  • Corner Lot
  • Few Trees

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 1830451068

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.75
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1774
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1830451068
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Formal Dining Room
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x21, On Level: Main
  • Room 2: Dining Room, 15x15, On Level: Main
  • Room 3: Family Room, 12x14, On Level: Main
  • Room 4: Kitchen, 10x13, On Level: Main
  • Room 5: Bedroom, 12x18, On Level: Main
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 11x16, On Level: Upper
  • Room 8: Bedroom, 12x14, On Level: Upper
  • Room 9: Bedroom, 10x14, On Level: Upper
  • Room 10: Den/Office, 11x12, On Level: Main
  • Room 11: Bedroom, 15x22, On Level: Upper
  • Room 12: Family Room, 17x31, On Level: Lower
  • Room 13: Rec Room, 13x31, On Level: Lower
  • Room 14: Sunroom/Solarium, 8x11, On Level: Main
  • Basement Features: Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3548
  • Below Grade Finished Sq Ft: 1774
  • Total Fin Square Footage: 5322

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Stucco

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 66 x 165 x
  • Lot/Land Description: Corner Lot, Tree Coverage - Light

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2012

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2012
Closed on
Dec 19, 2013
Sold by
The Catholic Church Of Divine Mercy Of F
Bought by
Richard & Lynn Cook Llc
Seller's Agent
Michael Peroutka
Weichert, REALTORS- Heartland
Buyer's Agent
Michael Peroutka
Weichert, REALTORS- Heartland
List Price
$445,000
Sold Price
$245,000
Premium/Discount to List
-$200,000
-44.94%
Current Estimated Value
$362,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,691
Avg. Annual Appreciation
3.30%
Original Mortgage
$190,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richard & Lynn Cook Llc $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Richard & Lynn Cook Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $245,000 -44.9% $46 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
07/12/2012 07/12/12 For Sale $445,000 -- $84 / 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 $4,348 $366,900 $53,700 $313,200
2024 $4,348 $337,700 $40,300 $297,400
2023 $3,722 $337,700 $40,300 $297,400
2022 $3,558 $305,100 $38,600 $266,500
2021 $3,212 $272,000 $31,900 $240,100
2020 $2,954 $243,800 $31,900 $211,900
2019 $2,752 $228,300 $30,200 $198,100
2018 $2,704 $209,500 $30,200 $179,300
2017 $2,572 $200,200 $30,200 $170,000
2016 $2,550 $184,000 $26,900 $157,100
2015 $2,510 $178,600 $26,900 $151,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Peroutka

    Weichert, REALTORS- Heartland

  • M

    Seller Co-Listing Agent in 2013

    Michelle Jasinski

    Weichert, REALTORS- Heartland

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4345446

REALTOR® Association of Southern Minnesota

APN: 18.30.4.51.092

Minnesota Rice County Faribault 55021

721 721 2nd Ave NW, Faribault, MN

Not Listed for Sale

Detached

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