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  • $324,900

    504 7th St NW, Faribault, MN 55021

    6beds
    4,326sqft
    : 
    $2,249/mo
    Get pre-qualified
    Single Family
    Built in 1905
    0.5 Acres Lot
    $320,400 Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Gorgeous hardwood floorsLovely rail fenceIncredible original woodworkWonderful three-season screened porchBreathtaking fireplaceOversized double corner lotCharming front porch
    Historic Elegance. Timeless Character. One Extraordinary Home. Own a remarkable piece of Faribault history with this magnificent Victorian, iconic “Gallagher Home” designed by longtime Minnesota State Architect C.H. Johnston. Situated on an oversized double corner lot, this stately home offers 6 spacious bedrooms, beautiful historic details, generous living spaces, and a unique 4-stall garage converted from a historic dairy barn. A charming front porch welcomes you into the grand foyer and expansive living area, where gorgeous hardwood floors, exquisite stained-glass windows, a breathtaking fireplace, and incredible original woodwork showcase the craftsmanship of a bygone era. Double pocket doors lead to the elegant formal dining room featuring a stunning built-in hutch, while the adjoining butler’s pantry flows into the beautifully updated kitchen with abundant cabinetry, stainless-steel appliances, and a separate pantry room. The main level also offers a comfortable bedroom, half bath, and wonderful three-season screened porch— perfect for relaxing on warm summer evenings. Upstairs you’ll find 4 generously sized bedrooms, a full bathroom, large laundry room, spacious landing, and charming sleeping porch. Framed reproductions of the home’s original blueprints displayed on the landing provide a fascinating connection to its rich architectural history. The third floor features an additional expansive bedroom plus a versatile bonus room ideal for a home office, playroom, studio, or guest retreat. The lower level adds even more living space with a large family room perfect for movie nights and entertaining, along with three storage rooms and additional laundry hookups. Outside, a lovely rail fence complements the home’s stately character, while the impressive 4-stall garage— converted from a historic dairy barn—offers generous upper-level storage and incredible character of its own. With its brand-new roof, historic architecture, beautiful craftsmanship, spacious double lot, 6 bedrooms, and one-of-a-kind character, this extraordinary property is truly a rare find. Photos simply cannot capture everything this home has to offer. Schedule your private showing today and experience this incredible piece of Faribault history for yourself!
    16 days
    1,080
    101

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle L. Jasinski 507-210-7967,

    Weichert, REALTORS- Heartland

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7144168MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Bedroom 2
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Bedroom 3
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Bedroom 4
      • Level: Upper
      • Area: 120 Square Feet
      • Dimensions: 10x12
      Bedroom 5
      • Level: Upper
      • Area: 110 Square Feet
      • Dimensions: 10x11
      Bedroom 6
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Bonus room
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Deck
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 15x18
      Dining room
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 13x15
      Family room
      • Level: Main
      • Area: 336 Square Feet
      • Dimensions: 21x16
      Family room
      • Level: Lower
      • Area: 930 Square Feet
      • Dimensions: 30x31
      Foyer
      • Level: Main
      • Area: 28 Square Feet
      • Dimensions: 4x7
      Kitchen
      • Level: Main
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Laundry
      • Level: Lower
      • Area: 143 Square Feet
      • Dimensions: 11x13
      Living room
      • Level: Main
      • Area: 224 Square Feet
      • Dimensions: 14x16
      Mud room
      • Level: Main
      • Area: 49 Square Feet
      • Dimensions: 7x7
      Other
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 8x11
      Porch
      • Level: Main
      • Area: 288 Square Feet
      • Dimensions: 8x36
      Storage
      • Level: Lower
      • Area: 171 Square Feet
      • Dimensions: 9x19
      Other
      • Level: Main
      • Area: 99 Square Feet
      • Dimensions: 9x11
      Other
      • Level: Upper
      • Area: 154 Square Feet
      • Dimensions: 7x22
      Workshop
      • Level: Lower
      • Area: 90 Square Feet
      • Dimensions: 9x10
      Heating
      • Fireplace(s), Hot Water
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: Laundry Room, Upper Level
      Features
      • Basement: Block,Daylight,Finished
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Primary Bedroom
      Interior area
      • Total structure area: 4,326
      • Total interior livable area: 4,326 sqft
      • Finished area above ground: 2,883
      • Finished area below ground: 1,443

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Asphalt, Floor Drain, Garage Door Opener
      • Attached garage spaces: 4
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: More Than 2 Stories
      • Patio & porch: Front Porch, Patio
      • Fencing: Split Rail
      Lot
      • Size: 0.5 Acres
      • Dimensions: 132 x 165
      • Features: Corner Lot
      Details
      • Foundation area: 1443
      • Parcel number: 1830375091
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less
      Condition
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Paquins 2nd Add
      HOA
      • Has HOA: No
      Location
      • Region: Faribault

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $408,500
      • Annual tax amount: $4,848
      • Date on market: 9/16/2026
      • Cumulative days on market: 165 days

        Estimated market value

        $320,400

        $304,000 - $336,000

        $3,337/mo

        Price history

        DateEventPrice
        9/16/2026Listed for sale$324,900-7.1%$75/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7144168 Report a problem
        9/14/2026Listing removed$349,900$81/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        8/6/2026Price change$349,900-2.5%$81/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        7/9/2026Price change$359,000-1.6%$83/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        6/9/2026Price change$365,000-1.1%$84/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        5/15/2026Price change$369,000-2.9%$85/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        4/3/2026Listed for sale$380,000+58.3%$88/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7046739 Report a problem
        4/7/2015Sold$240,000+77.8%$55/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #2275645 Report a problem
        11/2/1998Sold$135,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,700 +8.8%$408,500 +4.3%
        2024$4,320 +6.2%$391,600 +5.6%
        2023$4,068 +6.2%$370,900 +9.3%
        2022$3,830 -1.7%$339,400 +12.5%
        2021$3,896 +9.3%$301,600 -1%
        2020$3,564 $304,800 +6.6%
        2019$3,564 +8.1%$285,900 +8.6%
        2018$3,296 +2%$263,200 +4.2%
        2017$3,232 +7.7%$252,600 +9.1%
        2016$3,000 $231,600 +2.8%
        2015$3,000 +2.7%$225,200 -2%
        2014$2,922 +64%$229,800
        2013$1,782 -12.5%--
        2012$2,036 --
        2011$2,036 +18.1%--
        2010$1,724 -8.5%--
        2009$1,884 -5%--
        2008$1,984 +7.6%--
        2007$1,844 +11.6%--
        2006$1,652 +26.9%--
        2004$1,302 +8.9%--
        2003$1,196 +7.6%--
        2002$1,112 -32.3%--
        2001$1,642 --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55021

        Getting around

        72 / 100
        Very Walkable
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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