7625 240th St E Faribault, MN 55021
Estimated Value: $662,000 - $1,041,593
3
Beds
7
Baths
3,114
Sq Ft
$268/Sq Ft
Est. Value
About This Home
This home is located at 7625 240th St E, Faribault, MN 55021 and is currently estimated at $835,198, approximately $268 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
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%
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Home Values in the Area
Average Home Value in this Area
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 | -- |
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 | $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
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