725 9th St SW Faribault, MN 55021
Estimated Value: $237,000 - $267,000
2
Beds
2
Baths
1,056
Sq Ft
$237/Sq Ft
Est. Value
About This Home
This home is located at 725 9th St SW, Faribault, MN 55021 and is currently estimated at $250,113, approximately $236 per square foot. 725 9th 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
Sep 30, 2025
Sold by
Hanson Brady W and Hanson Rachel
Bought by
Hanson Randy L
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
$150,000
Outstanding Balance
$150,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$100,113
Purchase Details
Closed on
Sep 11, 2020
Sold by
Johnson Sarah M
Bought by
Hanson Brady W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 3, 2017
Bought by
Johnson Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,404
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2009
Sold by
Federal National Mortgage Association
Bought by
Nkr Properties Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hanson Randy L | $250,000 | None Listed On Document | |
| Hanson Brady W | $170,000 | Edina Realty Title Inc | |
| Johnson Sarah | $139,000 | -- | |
| Johnson Sarah M | $139,000 | Attorney | |
| Nkr Properties Llc | $64,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hanson Randy L | $150,000 | |
| Previous Owner | Hanson Brady W | $158,000 | |
| Previous Owner | Johnson Sarah M | $140,404 | |
| Previous Owner | Johnson Sarah | $138,000 |
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 | $2,582 | $232,700 | $49,500 | $183,200 |
| 2024 | $2,582 | $212,500 | $46,700 | $165,800 |
| 2023 | $2,184 | $212,500 | $46,700 | $165,800 |
| 2022 | $2,010 | $194,100 | $44,000 | $150,100 |
| 2021 | $1,920 | $170,700 | $35,700 | $135,000 |
| 2020 | $1,746 | $163,700 | $34,400 | $129,300 |
| 2019 | $1,602 | $153,500 | $30,200 | $123,300 |
| 2018 | $1,646 | $146,800 | $28,700 | $118,100 |
| 2017 | $1,268 | $142,100 | $26,100 | $116,000 |
| 2016 | $1,238 | $89,200 | $26,100 | $63,100 |
| 2015 | $1,196 | $85,200 | $20,900 | $64,300 |
| 2014 | -- | $86,400 | $20,900 | $65,500 |
Source: Public Records
Map
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