Seller's Agent in 2025
Rachel Springer
RE/MAX
(507) 456-3596
3 in this area
66 Total Sales
935 3rd St NE Faribault, MN 55021
3
Beds
3
Baths
2,355
Sq Ft
0.3
Acres
Highlights
- Deck
- Family Room with Fireplace
- No HOA
- Wood Burning Stove
- Main Floor Primary Bedroom
- Built-In Double Oven
About This Home
As of August 2025This inviting split-level home is nestled in a peaceful cul-de-sac, offering an ideal setting for all. The main level features three bedrooms, including a primary suite with a full bathroom with in-floor heat for added comfort. The updated kitchen boasts maple cabinets with pull-out shelves, granite countertops, newer appliances, and a hidden laundry area, making daily routines seamless. A bright family room with vaulted ceilings and a fireplace provides ample space for gatherings, with views of the fenced backyard and direct access to the deck—perfect for outdoor grilling and entertaining. The lower level includes a second family room with a wet bar and wood stove, ideal for movie nights or play. The heated garage comes with a bonus workshop, offering extra space for hobbies or storage. With many updated windows and a new roof, this home is move-in ready, and perfectly placed being close to Shattuck Saint Mary's, the Minnesota State Academies for the Deaf and Blind, and District One Hospital.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,732
Year Built
- Built in 1974
Lot Details
- 0.3 Acre Lot
- Chain Link Fence
- Irregular Lot
Parking
- 2 Car Attached Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Bi-Level Home
- Architectural Shingle Roof
Interior Spaces
- Wood Burning Stove
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Storage Room
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Finished Basement
- Drainage System
- Sump Pump
- Natural lighting in basement
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- 150 Amp Service
Community Details
- No Home Owners Association
- Erblangs 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1832276005
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2025
Closed on
Aug 1, 2025
Sold by
Clements Megan and Feltoon Megan
Bought by
Welborn Matthew
Seller's Agent
Rachel Springer
RE/MAX Venture
Buyer's Agent
Michael Jordan
RE/MAX Advantage Plus
List Price
$349,900
Sold Price
$315,000
Premium/Discount to List
-$34,900
-9.97%
Views
180
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.16%
Original Mortgage
$252,000
Outstanding Balance
$251,780
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$72,547
Purchase Details
Closed on
May 15, 2020
Sold by
Olson Karen M
Bought by
Clements Megan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,650
Interest Rate
3.3%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | Near North Title | |
| Warranty Deed | -- | Titlesmart Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,000 | New Conventional | |
| Previous Owner | $253,650 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $315,000 | -3.0% | $134 / Sq Ft |
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | Price Changed | $324,900 | -4.4% | $138 / Sq Ft |
| 05/28/2025 05/28/25 | Price Changed | $339,900 | -2.9% | $144 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $349,900 | -- | $149 / Sq Ft |
Source: NorthstarMLS
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 | $3,732 | $336,100 | $57,800 | $278,300 |
| 2024 | $3,732 | $326,100 | $52,400 | $273,700 |
| 2023 | $3,434 | $326,100 | $52,400 | $273,700 |
| 2022 | $3,200 | $290,400 | $52,400 | $238,000 |
| 2021 | $2,782 | $256,300 | $41,600 | $214,700 |
| 2020 | $2,662 | $225,300 | $41,600 | $183,700 |
| 2019 | $2,466 | $220,200 | $37,900 | $182,300 |
| 2018 | $2,350 | $203,700 | $34,300 | $169,400 |
| 2017 | $2,148 | $191,100 | $32,500 | $158,600 |
| 2016 | $2,150 | $172,200 | $28,900 | $143,300 |
| 2015 | $2,004 | $169,100 | $28,900 | $140,200 |
| 2014 | -- | $166,000 | $32,500 | $133,500 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Springer
-
Michael Jordan
Buyer's Agent in 2025
Michael Jordan
RE/MAX Advantage Plus
(612) 280-6969
4 in this area
123 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6714458
APN: 18.32.2.76.005
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