723 8th Ave NW Faribault, MN 55021
Estimated Value: $228,402 - $248,000
2
Beds
1
Bath
1,206
Sq Ft
$196/Sq Ft
Est. Value
About This Home
This home is located at 723 8th Ave NW, Faribault, MN 55021 and is currently estimated at $236,101, approximately $195 per square foot. 723 8th Ave NW is a home located in Rice County with nearby schools including Lincoln Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 6, 2019
Sold by
Roemhildt Drew and Ayers Jennifer
Bought by
Ford Lynda
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
$55,100
Outstanding Balance
$48,362
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$187,739
Purchase Details
Closed on
Apr 29, 2016
Sold by
Chavie Michael Michael
Bought by
Jennifer Drew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,184
Interest Rate
3.66%
Purchase Details
Closed on
Oct 17, 2005
Sold by
Not Provided
Bought by
Chavie Michael and Chavie Shevlin Joan
Purchase Details
Closed on
Oct 10, 2003
Sold by
Hoy Thomas A and Hoy Tina
Bought by
Sheehan Theresa
Purchase Details
Closed on
Nov 18, 1999
Sold by
Denow John and Denow Emma R
Bought by
Hoy Thomas A and Broden Tina
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 |
|---|---|---|---|
| Ford Lynda | $157,400 | Titlesmart Inc | |
| Jennifer Drew | $149,900 | -- | |
| Chavie Michael | $160,000 | -- | |
| Sheehan Theresa | $139,900 | -- | |
| Hoy Thomas A | $87,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ford Lynda | $55,100 | |
| Previous Owner | Jennifer Drew | $147,184 |
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 | $2,226 | $211,400 | $45,400 | $166,000 |
| 2024 | $2,226 | $184,400 | $34,700 | $149,700 |
| 2023 | $1,868 | $184,400 | $34,700 | $149,700 |
| 2022 | $1,742 | $169,800 | $33,400 | $136,400 |
| 2021 | $1,436 | $151,500 | $28,100 | $123,400 |
| 2020 | $1,204 | $129,200 | $28,100 | $101,100 |
| 2019 | $1,082 | $114,200 | $26,700 | $87,500 |
| 2018 | $1,026 | $104,600 | $24,800 | $79,800 |
| 2017 | $824 | $98,800 | $24,800 | $74,000 |
| 2016 | $796 | $83,100 | $22,000 | $61,100 |
| 2015 | $834 | $79,600 | $20,500 | $59,100 |
| 2014 | -- | $84,800 | $25,600 | $59,200 |
Source: Public Records
Map
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