NOT LISTED FOR SALE

821 3rd St SW Faribault, MN 55021

Estimated Value: $220,000 - $263,000

3 Beds
2 Baths
1,179 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 821 3rd St SW, Faribault, MN 55021 and is currently estimated at $245,934, approximately $208 per square foot. 821 3rd 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 17, 2021
Sold by
Velzke Gary W and Velzke Brenda K
Bought by
Velzke Ryan
Current Estimated Value
$245,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,240
Outstanding Balance
$128,819
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$107,672

Purchase Details

Closed on
Aug 2, 2018
Sold by
Kopp Bernice G and Kopp Bernice G Velzke
Bought by
Velzke Gary W
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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First American

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Quantarium

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Average Value
Not Available
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 Buyer Sale Price Title Company
Velzke Ryan $175,300 None Available
Velzke Gary W -- None Available
Velzke Ryan Ryan $175,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velzke Ryan $140,240
Closed Velzke Ryan Ryan $140,240
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 $2,482 $230,600 $74,600 $156,000
2024 $2,482 $208,600 $68,200 $140,400
2023 $2,244 $208,600 $68,200 $140,400
2022 $1,948 $198,700 $68,200 $130,500
2021 $1,744 $166,300 $55,400 $110,900
2020 $1,644 $151,200 $49,000 $102,200
2019 $1,504 $146,100 $46,900 $99,200
2018 $1,422 $134,800 $42,600 $92,200
2017 $1,334 $126,500 $40,500 $86,000
2016 $1,342 $117,400 $38,400 $79,000
2015 $1,266 $115,700 $38,400 $77,300
2014 -- $114,700 $38,400 $76,300
Source: Public Records

Map

Minnesota Rice County Faribault 55021

821 3rd St SW, Faribault, MN

This home is located at 821 3rd St SW, Faribault, MN 55021 and is currently estimated at $245,934, approximately $208 per square foot. 821 3rd St SW is a home located in Rice County with nearby schools including Jefferson Elementary School, Faribault Middle School, and Faribault Senior High School.

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