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  • Price cut: $10K (7/8)
    $399,900

    2702 Park Ave NW, Faribault, MN 55021

    3beds
    1,617sqft
    : 
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    Single Family
    Built in 2025
    0.26 Acres Lot
    $-- Zestimate®
    $247/sqft
    $-- HOA

    What's special

    High-end finishesSolid panel doorsSpa-inspired master bathroomStunning master suiteTiled backsplashWirsbo in-floor heatCustom tile work
    Welcome home to this beautifully crafted 2025 new build, where thoughtful design and premium finishes come together in perfect harmony. Located in a developed neighborhood surrounded by mature trees, this home offers the comfort of an established community with all the benefits of brand-new construction. Step inside to find 9-foot ceilings that create a sense of openness and light throughout. The kitchen is a true showstopper—featuring granite countertops, a tiled backsplash, and high-end finishes that blend elegance with everyday functionality. Retreat to the stunning master suite, where you’ll find what a stunner the walk-in closet truly is—spacious, beautifully designed, and perfectly suited for both style and organization. The spa-inspired master bathroom is equally impressive, complete with custom tile work and premium fixtures. Every detail has been designed for comfort and style, from the solid panel doors to the seamless flow of living spaces. And truly, this entire home is absolutely gorgeous from top to bottom. Enjoy ultimate year-round comfort with Wirsbo in-floor heat complemented by central heating and cooling. The home’s ICF foundation ensures exceptional energy efficiency and durability for decades to come. Outside, you’ll find a stamped concrete patio and sidewalk—perfect for entertaining or relaxing—and seamless gutters for low-maintenance living. The three-car garage is insulated and sheetrocked, offering plenty of space for vehicles, storage, or a workshop. Built with care and quality in every corner, this home also includes 30-year architectural shingles and 200-amp electrical service, ensuring reliability and peace of mind. Experience the best of new construction in a neighborhood that already feels like home. Schedule your private showing today and fall in love with every detail of this 2025 masterpiece!
    143 days
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    302
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    12
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lacie Nelson 952-873-9333,

    eXp Realty,

    Morgan Almendinger 507-649-4010

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6816056MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Bathroom
      • Description: Full Primary,Main Floor Full Bath
      Dining room
      • Description: Kitchen/Dining Room
      Heating
      • Forced Air, In-Floor Heating
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Stainless Steel Appliance(s)
      • Laundry: Main Level, In Unit
      Features
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Electric, Family Room
      Interior area
      • Total structure area: 1,617
      • Total interior livable area: 1,617 sqft
      • Finished area above ground: 1,617
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached, Concrete
      • Attached garage spaces: 3
      • Details: Garage Door Height (7)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Pool features: None
      • Fencing: None
      Lot
      • Size: 0.26 Acres
      • Dimensions: 94.87 x 94.87 x 134.92 x 107.01
      Details
      • Additional structures: Storage Shed
      • Foundation area: 1617
      • Parcel number: 1824279003
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Concrete
      • Roof: Age 8 Years or Less,Architectural Shingle
      Condition
      • New construction: Yes
      • Year built: 2025
      Details
      • Builder name: CHRISTOPHER TODD BAKKEN

      Utilities & green energy

      • Electric: 200+ Amp Service, Power Company: Xcel Energy
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Conrade 1st Add
      HOA
      • Has HOA: No
      Location
      • Region: Faribault

      Financial & listing details

      • Price per square foot: $247/sqft
      • Tax assessed value: $60,500
      • Annual tax amount: $642
      • Date on market: 2/24/2026
      • Date available: 12/01/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,352/mo

        Price history

        DateEventPrice
        7/8/2026Price change$399,900-2.4%$247/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6816056 Report a problem
        6/8/2026Price change$409,900-1.2%$253/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6816056 Report a problem
        4/27/2026Price change$414,900-1.2%$257/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6816056 Report a problem
        2/24/2026Listed for sale$419,900+1099.7%$260/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6816056 Report a problem
        6/7/2022Sold$35,000-12.3%$22/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6073254 Report a problem
        4/26/2022Pending sale$39,900$25/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6073254 Report a problem
        3/16/2022Price change$39,900-15.1%$25/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6073254 Report a problem
        2/25/2022Pending sale$47,000$29/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6073254 Report a problem
        8/1/2021Listed for sale$47,000+56.7%$29/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6073254 Report a problem
        6/14/2019Sold$30,000-14%$19/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4962551 Report a problem
        10/1/2018Price change$34,900-12.5%$22/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4962551 Report a problem
        6/4/2018Listed for sale$39,900+99.5%$25/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4962551 Report a problem
        9/20/2016Sold$20,000-55.6%$12/sqft
        Source: Public Record Report a problem
        7/15/2014Sold$45,000$28/sqft
        Source: Public Record Report a problem
        10/24/2000Sold$45,000$28/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$642 +9.9%$60,500 +72.9%
        2024$584 +32.7%$35,000 +8%
        2023$440 -2.2%$32,400 +17.8%
        2022$450 -8.9%$27,500 +5%
        2021$494 -38.4%$26,200 -9%
        2020$802 $28,800 -51.8%
        2019$802 +7.8%$59,700 +9.9%
        2018$744 +9.7%$54,300 +13.4%
        2017$678 -39.2%$47,900 +2.4%
        2016$1,116 $46,800 +1.1%
        2015$1,116 +71.2%$46,300 +1.1%
        2014$652 -49.8%$45,800
        2013$1,298 -1.2%--
        2012$1,314 --
        2011$1,314 -6.9%--
        2010$1,412 +143.4%--
        2009$580 -0.7%--
        2008$584 +1%--
        2007$578 +3.6%--
        2006$558 +7.3%--
        2004$520 +6.6%--
        2003$488 +1.2%--
        2002$482 +4.8%--
        2001$460 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55021

        Getting around

        31 / 100
        Car-Dependent
        55 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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