8221 240th St E Faribault, MN 55021
Estimated Value: $559,000 - $1,431,754
Studio
--
Bath
3,520
Sq Ft
$283/Sq Ft
Est. Value
About This Home
This home is located at 8221 240th St E, Faribault, MN 55021 and is currently estimated at $995,377, approximately $282 per square foot. 8221 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
Oct 24, 2002
Sold by
Smith Wilbert H
Bought by
Sanborn Wayne and Sanborn Lionel
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
$100,000
Outstanding Balance
$35,287
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$960,090
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sanborn Wayne | $300,000 | -- | |
| Sanborn Wayne | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sanborn Wayne | $100,000 |
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 | $4,224 | $1,673,100 | $1,670,200 | $2,900 |
| 2024 | $4,224 | $1,516,000 | $1,513,500 | $2,500 |
| 2023 | $4,940 | $1,516,000 | $1,513,500 | $2,500 |
| 2022 | $3,482 | $1,218,100 | $1,215,800 | $2,300 |
| 2021 | $3,620 | $976,600 | $974,400 | $2,200 |
| 2020 | $3,988 | $976,500 | $974,400 | $2,100 |
| 2019 | $3,376 | $1,028,500 | $1,026,400 | $2,100 |
| 2018 | $3,316 | $950,400 | $948,400 | $2,000 |
| 2017 | $3,624 | $950,000 | $948,400 | $1,600 |
| 2016 | $3,796 | $950,000 | $948,400 | $1,600 |
| 2015 | $3,888 | $968,000 | $966,400 | $1,600 |
| 2014 | -- | $968,000 | $966,400 | $1,600 |
Source: Public Records
Map
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