821 3rd St SW Faribault, MN 55021
Estimated Value: $233,000 - $267,000
3
Beds
2
Baths
1,179
Sq Ft
$206/Sq Ft
Est. Value
About This Home
This home is located at 821 3rd St SW, Faribault, MN 55021 and is currently estimated at $243,150, approximately $206 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
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
$127,417
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$115,733
Purchase Details
Closed on
Aug 2, 2018
Sold by
Kopp Bernice G and Kopp Bernice G Velzke
Bought by
Velzke Gary W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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
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
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