7485 263rd St E Faribault, MN 55021
Estimated Value: $516,000 - $623,000
4
Beds
3
Baths
4,028
Sq Ft
$137/Sq Ft
Est. Value
About This Home
This home is located at 7485 263rd St E, Faribault, MN 55021 and is currently estimated at $551,993, approximately $137 per square foot. 7485 263rd St E is a home located in Rice County with nearby schools including Roosevelt Elementary School, Faribault Middle School, and Faribault Senior High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 11, 2021
Sold by
Bain Joshua and Storm Courtney
Bought by
Wittman Caleb J and Wittman Jenna M
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
$340,000
Outstanding Balance
$311,638
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$240,355
Purchase Details
Closed on
May 24, 2019
Sold by
Hubly Jason D and Hubly Sonia M
Bought by
Bain Joshua and Storm Courtney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,100
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 24, 2015
Bought by
Hubly Jason Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,900
Interest Rate
3.86%
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 |
|---|---|---|---|
| Wittman Caleb J | $400,000 | Global Closing | |
| Bain Joshua | $330,000 | None Available | |
| Hubly Jason Jason | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wittman Caleb J | $340,000 | |
| Previous Owner | Bain Joshua | $320,100 | |
| Previous Owner | Hubly Jason Jason | $163,900 |
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 | $3,450 | $473,600 | $121,000 | $352,600 |
| 2024 | $3,450 | $433,900 | $106,000 | $327,900 |
| 2023 | $3,202 | $433,900 | $106,000 | $327,900 |
| 2022 | $3,054 | $402,000 | $98,000 | $304,000 |
| 2021 | $2,844 | $359,800 | $86,100 | $273,700 |
| 2020 | $2,672 | $336,100 | $83,600 | $252,500 |
| 2019 | $2,462 | $327,700 | $93,500 | $234,200 |
| 2018 | $2,416 | $300,100 | $93,500 | $206,600 |
| 2017 | $2,520 | $291,200 | $93,500 | $197,700 |
| 2016 | $2,560 | $283,500 | $93,500 | $190,000 |
| 2015 | $1,864 | $281,000 | $93,500 | $187,500 |
| 2014 | -- | $206,400 | $93,500 | $112,900 |
Source: Public Records
Map
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