NOT LISTED FOR SALE

938 Rice St Faribault, MN 55021

Estimated Value: $323,000 - $356,000

3 Beds
3 Baths
1,988 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $305,000 $153 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,094/month

4 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Attached Garage
  • 1 Fireplace
  • Home Office
  • Walk-In Closet

About This Home

As of September 2023

3 bedroom, 3 bath, 2 car garage townhome makes one level living easy. Main floor laundry and master with on-suite add to this gem. Nestled in a quiet neighborhood and located close to parks, schools, shopping and restaurants. Kitchen flows into the massive dining and living room that has soaring ceilings and is flooded with natural light. Basement has so much potential and ready for the next owners touches! No HOA, opportunity awaits! Multiple offers received. All offers in by 5pm Saturday (8/26/23) and seller will review this evening.

Last Agent to Sell the Property

Rick Tonjum

Edina Realty, Inc. Listed on: 08/23/2023

Edina Realty, Inc.

Co-Listed By

Mary Tonjum

Edina Realty, Inc.

Last Buyer's Agent

Rick Tonjum

Edina Realty, Inc. Listed on: 08/23/2023

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 60x145.96 64.45x172.1
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Partially Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • River Trail 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1806129006

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,080

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1588
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Egress Window(s), Partially Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1988
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Walk In Closet, Laundry, Storage, Bathroom, Family Room, Other Room, Office
  • SqFtTotal: 3176.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 507-333-6016

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 60x145.96 64.45x172.1
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1806129006
  • Tax Annual Amount: 3080
  • TaxWithAssessments: 3120.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Sep 22, 2023
Sold by
Mathews Daniel
Bought by
Wilde Jolene
Seller's Agent
Rick Tonjum
Edina Realty, Inc.
Buyer's Agent
Rick Tonjum
Edina Realty, Inc.
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Views
38
Current Estimated Value
$340,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,063
Avg. Annual Appreciation
4.78%
Original Mortgage
$110,000
Outstanding Balance
$107,667
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$232,396

Purchase Details

Closed on
May 10, 2019
Sold by
Silkey Daniel E
Bought by
Mathews Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
Rick Cashin Construction Inc
Bought by
Silkey Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records
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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
Wilde Jolene $305,000 --
Mathews Daniel $225,000 Edina Realty Title Inc
Silkey Daniel E $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilde Jolene $110,000
Previous Owner Mathews Daniel $218,250
Previous Owner Silkey Daniel E $166,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $305,000 +1.7% $153 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/23/2023 08/23/23 For Sale $299,900 -- $151 / Sq Ft
Source: NorthstarMLS

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 $3,466 $312,100 $47,300 $264,800
2024 $3,466 $292,500 $44,100 $248,400
2023 $3,120 $292,500 $44,100 $248,400
2022 $2,898 $266,300 $37,800 $228,500
2021 $2,798 $234,600 $33,100 $201,500
2020 $2,682 $226,400 $33,100 $193,300
2019 $2,424 $221,700 $33,100 $188,600
2018 $2,180 $200,700 $33,100 $167,600
2017 $2,160 $179,300 $33,100 $146,200
2016 $2,386 $173,000 $33,100 $139,900
2015 $2,292 $167,000 $33,100 $133,900
2014 -- $168,400 $33,100 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6409279

NorthstarMLS

APN: 18.06.1.29.006