938 7th Ave SW Faribault, MN 55021
Estimated Value: $295,000 - $336,000
3
Beds
3
Baths
2,197
Sq Ft
$142/Sq Ft
Est. Value
About This Home
This home is located at 938 7th Ave SW, Faribault, MN 55021 and is currently estimated at $312,691, approximately $142 per square foot. 938 7th Ave 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
Jul 1, 2020
Sold by
Costello Jason G and Costello Hallie
Bought by
Meyer Tina M
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
$201,750
Outstanding Balance
$179,230
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$133,461
Purchase Details
Closed on
Aug 31, 1998
Sold by
Shomler Dan R and Shomler Susan E
Bought by
Dwyer Loretta K
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 |
|---|---|---|---|
| Meyer Tina M | $215,000 | North American Title Co | |
| Dwyer Loretta K | $117,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Meyer Tina M | $201,750 |
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 | $3,348 | $294,500 | $44,100 | $250,400 |
| 2024 | $3,348 | $281,400 | $41,700 | $239,700 |
| 2023 | $2,966 | $281,400 | $41,700 | $239,700 |
| 2022 | $2,774 | $254,400 | $39,200 | $215,200 |
| 2021 | $2,162 | $225,600 | $31,900 | $193,700 |
| 2020 | $2,008 | $181,000 | $30,600 | $150,400 |
| 2019 | $1,804 | $172,600 | $27,000 | $145,600 |
| 2018 | $1,672 | $156,300 | $27,000 | $129,300 |
| 2017 | $1,698 | $143,800 | $24,500 | $119,300 |
| 2016 | $1,580 | $141,900 | $24,500 | $117,400 |
| 2015 | $1,530 | $131,400 | $19,600 | $111,800 |
| 2014 | -- | $133,100 | $19,600 | $113,500 |
Source: Public Records
Map
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