NOT LISTED FOR SALE

7625 240th St E Faribault, MN 55021

Estimated Value: $665,000 - $1,150,367

3 Beds
7 Baths
3,114 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 7625 240th St E, Faribault, MN 55021 and is currently estimated at $874,092, approximately $280 per square foot. 7625 240th 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
May 19, 2022
Sold by
Purfeerst Grain Inc
Bought by
Purfeerst Farms Llp
Current Estimated Value
$874,092

Purchase Details

Closed on
Aug 23, 2018
Bought by
Purfferst Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,250
Interest Rate
4.51%
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
Purfeerst Farms Llp $106,000 None Listed On Document
Purfferst Matthew J $755,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Purfferst Matthew J $417,250
Previous Owner Purfferst Matthew J --
Previous Owner Purfeerst James M $414,700
Previous Owner Purfeerst James M $595,000
Source: Public Records

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 $7,348 $932,000 $103,500 $828,500
2024 $7,348 $881,900 $89,600 $792,300
2023 $6,808 $881,900 $89,600 $792,300
2022 $6,370 $815,800 $80,400 $735,400
2021 $5,942 $719,100 $70,700 $648,400
2020 $5,568 $675,100 $70,700 $604,400
2019 $4,966 $658,700 $71,100 $587,600
2018 $4,734 $589,100 $70,600 $518,500
2017 $4,892 $558,800 $70,600 $488,200
2016 $4,990 $539,800 $70,600 $469,200
2015 $4,484 $538,200 $70,600 $467,600
2014 -- $512,600 $70,600 $442,000
Source: Public Records

Map

Minnesota Rice County Faribault 55021

7625 240th St E, Faribault, MN

This home is located at 7625 240th St E, Faribault, MN 55021 and is currently estimated at $874,092, approximately $280 per square foot. 7625 240th St E is a home located in Rice County with nearby schools including Roosevelt 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.

Nearby Homes