828 Reed Ave Faribault, MN 55021
Estimated Value: $225,000 - $239,000
2
Beds
1
Bath
1,150
Sq Ft
$203/Sq Ft
Est. Value
About This Home
This home is located at 828 Reed Ave, Faribault, MN 55021 and is currently estimated at $233,127, approximately $202 per square foot. 828 Reed Ave 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
Nov 9, 2021
Sold by
Fick Robert A
Bought by
Slaughter Michael
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
$194,000
Outstanding Balance
$177,768
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$55,360
Purchase Details
Closed on
Sep 2, 2011
Sold by
Vold Merle D
Bought by
Fick Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,950
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 10, 2007
Sold by
Vold Arvel G
Bought by
Vold Merle D
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Slaughter Michael | $200,000 | Edina Realty Title Inc | |
| Fick Robert A | $120,000 | -- | |
| Vold Merle D | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Slaughter Michael | $194,000 | |
| Previous Owner | Fick Robert A | $116,950 |
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 | $2,368 | $235,400 | $63,800 | $171,600 |
| 2024 | $2,368 | $204,600 | $56,700 | $147,900 |
| 2023 | $2,102 | $204,600 | $56,700 | $147,900 |
| 2022 | $1,980 | $187,800 | $51,900 | $135,900 |
| 2021 | $1,850 | $163,100 | $47,200 | $115,900 |
| 2020 | $1,542 | $158,700 | $47,200 | $111,500 |
| 2019 | $1,398 | $138,700 | $37,800 | $100,900 |
| 2018 | $1,340 | $127,200 | $41,100 | $86,100 |
| 2017 | $1,304 | $120,700 | $41,100 | $79,600 |
| 2016 | $1,324 | $115,400 | $41,100 | $74,300 |
| 2015 | $1,224 | $114,500 | $41,100 | $73,400 |
| 2014 | -- | $111,900 | $41,100 | $70,800 |
Source: Public Records
Map
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