NOT LISTED FOR SALE

721 721 2nd Ave NW Faribault, MN 55021

Estimated Value: $317,000 - $380,000

5 Beds
3.5 Baths
5,322 Sq Ft
$65/Sq Ft Est. Value

Last Sold December 19, 2013

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

Est. 42% increase in value since last sale

Current estimated payment $2,201/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

Est. Annual Taxes

  • $4,348

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

Est. Annual Taxes

$4,348

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
  • Assessment Balance: 78
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1774
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 1830451068
  • Projected Closed Date: 12/31/2013
  • Stories: 2 Story
  • Taxes With Assessments: 78
  • 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

Schools

  • School District: Faribault #656

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
$348,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,298
Avg. Annual Appreciation
3.83%
Original Mortgage
$190,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 Change Sq Ft Price
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

    Section Image
See All Agents

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

This home is located at 721 721 2nd Ave NW, Faribault, MN 55021 since 12 July 2012 and is currently estimated at $348,298, approximately $65 per square foot. This property was built in 1890. 721 721 2nd Ave NW is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes