NOT LISTED FOR SALE

8221 240th St E Faribault, MN 55021

Estimated Value: $773,000 - $1,353,562

-- Bed
-- Bath
3,520 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 8221 240th St E, Faribault, MN 55021 and is currently estimated at $1,063,281, approximately $302 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
$1,063,281

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
$37,068
Interest Rate
4%
Mortgage Type
Land Contract Argmt. Of Sale
Estimated Equity
$946,845
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
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 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 $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

Minnesota Rice County Faribault 55021

8221 240th St E, Faribault, MN

This home is located at 8221 240th St E, Faribault, MN 55021 and is currently estimated at $1,063,281, approximately $302 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.

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