$350,000
SOLD AUG 29, 2025

741 3rd St NE Faribault, MN 55021

5 Beds
2 Baths
1,904 Sq Ft
14,854 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

4% Below List Price

65 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Forced Air Heating and Cooling System
  • Mud Room
  • 2 Car Attached Garage
  • Combination Dining and Living Room

About This Home

As of August 2025

Welcome! This five-bedroom, two-story sits on a park-like corner double lot in the heart of Faribault. Thoughtfully designed and lovingly cared for by original owners, this home invites family and guests with a charming covered front porch, cobblestone walkway and concrete driveway. The main level includes a bedroom, 3⁄4 bath, spacious mudroom/pantry, and kitchen that connects to the open dining and living room, with a cozy wood-burning fireplace. Upstairs you'll find four more bedrooms and a full bath with a separate toilet and shower room. Unfinished lower level is ready for finishing with an egress window in place. Even the oversized, heated garage was well-planned, with front and back service doors and floor drain. Outside: extra storage with Cedar shed, and extra parking with parking pad at rear of the property. Solid, spacious, and full of potential, this home is ready for its next chapter.

Last Agent to Sell the Property

Kristine Lamoureux

Coldwell Banker Realty Brokerage Phone: 651-246-4554 Listed on: 06/09/2025

Coldwell Banker Realty

Last Buyer's Agent

Leah Hetzel

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,890

Year Built

  • Built in 1991

Lot Details

  • 14,854 Sq Ft Lot
  • Lot Dimensions are 92x171x96x149
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Mud Room
  • Combination Dining and Living Room
  • Basement
  • Block Basement Construction

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Grab Bar In Bathroom
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Erblangs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1832277010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,890

Year Built

Built in 1991

Lot Details

0.34 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Grab Bars In Bathroom
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 1904
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-246-4554
  • Attribution Contact: 651-246-4554
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Fireplace Features: Brick, Wood Burning
  • Living Area: 1904
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Kitchen, Mud Room, Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • PatioPorchType: Covered,Front Porch

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 92x171x96x149
  • Lot Size Sq Ft: 14853.96
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1832277010
  • Tax Annual Amount: 3890
  • TaxWithAssessments: 3890.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Aug 29, 2025
Sold by
Benoit Mary Jo
Bought by
Schluessler Charles A and Schluessler Peggy
Seller's Agent
Kristine Lamoureux
Coldwell Banker Realty
Buyer's Agent
Leah Hetzel
LPT Realty, LLC
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
50
Current Estimated Value
$355,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,293
Avg. Annual Appreciation
3.30%
Original Mortgage
$250,000
Outstanding Balance
$249,099
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$107,431

Purchase Details

Listed on
Jun 9, 2025
Closed on
Aug 13, 2025
Sold by
Perry Molly C and Perry David
Bought by
Benoit Mary Jo
Seller's Agent
Kristine Lamoureux
Coldwell Banker Realty
Buyer's Agent
Leah Hetzel
LPT Realty, LLC
List Price
$365,000
Sold Price
$350,000
Premium/Discount to List
-$15,000
-4.11%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$249,099
Interest Rate
6.56%
Mortgage Type
New Conventional
Estimated Equity
$107,431
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 Type Sale Price Title Company
Warranty Deed $350,000 Titlesmart
Quit Claim Deed $500 Burnet Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $350,000 0.0% $184 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
06/25/2025 06/25/25 Price Changed $350,000 -4.1% $184 / Sq Ft
06/09/2025 06/09/25 For Sale $365,000 -- $192 / Sq Ft
Source: NorthstarMLS

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 $3,918 $346,300 $71,500 $274,800
2024 $3,918 $336,500 $64,800 $271,700
2023 $3,718 $336,500 $64,800 $271,700
2022 $3,444 $312,300 $64,800 $247,500
2021 $3,250 $273,900 $51,400 $222,500
2020 $3,104 $258,600 $51,400 $207,200
2019 $2,886 $252,400 $47,000 $205,400
2018 $2,824 $233,800 $45,200 $188,600
2017 $2,630 $224,100 $42,800 $181,300
2016 $2,628 $204,600 $38,100 $166,500
2015 $2,486 $200,700 $38,100 $162,600
2014 -- $199,500 $42,800 $156,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6736005

NorthstarMLS

APN: 18.32.2.77.010

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