Welcome home! This wonderful Faribault rambler has a ton to love. 3 bed and a full bath on the main level with a HUGE owners suite featuring a walk in and second closet over the garage. There are original hardwood floors that would be a show stopper with a simple refinishing. Sit out on the fully screened in 3 season porch with a weather neutral flat screen TV and ceiling fan! There is tons of storage options in this home and an extensive lower family and rec space with lots of possibilities! The roof is only 4 years old and the seller also replaced the furnace, AC and an all new drain tile system only a year ago! Priced to allow the new owners to add some finishing touches to really make it their own. Set your showing today!
Closed
Tax assessed value
$235,900
516 1st St SW, Faribault, MN 55021
4beds
2,592sqft
Single Family
Built in 1956
7,710 Square Feet Lot
$267,400 Zestimate®
$91/sqft
$2,553 Estimated rent
Home value
$267,400
$254,000 - $281,000
$2,553/mo
Zestimate® history
Owner options
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$2,553/mo
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$2,553/mo
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$1,501/mo
Est. payment
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$1,501/mo
Est. payment
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List your homeWhat's special
Rec spaceNew drain tile systemHuge owners suite
Zillow last checked:
Listing updated:
Listed by:
Shayne Michael Hall 651-335-6607,
eXp Realty
Bought with:
Perti Eckford
Keller Williams Realty Elite
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6411427
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 89.21 Square Feet
- Dimensions: 11x8.11
Bedroom 2
- Level: Main
- Area: 112.2 Square Feet
- Dimensions: 11x10.2
Bedroom 3
- Level: Main
- Area: 135.7 Square Feet
- Dimensions: 11.8x11.5
Bedroom 4
- Level: Upper
- Area: 206.34 Square Feet
- Dimensions: 18.10x11.4
Kitchen
- Level: Main
- Area: 167.2 Square Feet
- Dimensions: 15.2x11
Laundry
- Level: Lower
- Area: 110.16 Square Feet
- Dimensions: 21.6x5.10
Living room
- Level: Main
- Area: 224.25 Square Feet
- Dimensions: 19.5x11.5
Recreation room
- Level: Lower
- Area: 490.42 Square Feet
- Dimensions: 22.6x21.7
Screened porch
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Utility room
- Level: Lower
- Area: 187.95 Square Feet
- Dimensions: 17.9x10.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
- Laundry: In Basement, Lower Level, Laundry Room, Sink
Features
- Basement: Block,Drain Tiled,Finished,Full,Storage Space,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
- Finished area above ground: 1,296
- Finished area below ground: 700
Property
Parking
- Total spaces: 1
- Parking features: Concrete, Tuckunder Garage
- Attached garage spaces: 1
- Details: Garage Dimensions (22x11), Garage Door Height (7), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio, Porch, Rear Porch, Screened
- Pool features: None
- Fencing: None
Lot
- Size: 7,710 Square Feet
- Dimensions: 72 x 109
- Features: Tree Coverage - Light
Details
- Additional structures: Storage Shed
- Foundation area: 1296
- Parcel number: 1831326012
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Dan Fblt Add
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $235,900
- Annual tax amount: $2,590
- Date on market: 8/17/2023
- Cumulative days on market: 45 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/6/2023 | Sold | $235,900$91/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6411427 Report a problem | ||
| 10/2/2023 | Pending sale | $235,900$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411427 Report a problem | ||
| 9/13/2023 | Price change | $235,900-1.7%$91/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411427 Report a problem | ||
| 8/18/2023 | Listed for sale | $239,900+9%$93/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6411427 Report a problem | ||
| 6/2/2021 | Sold | $220,000+12.8%$85/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5733656 Report a problem | ||
| 5/4/2021 | Pending sale | $195,000$75/sqft |
Source:  Keller Williams #5733656 Report a problem | ||
| 4/23/2021 | Listed for sale | $195,000$75/sqft |
Source: Keller Williams #5733656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,488 -0.9% | $235,900 +5.7% |
| 2024 | $2,510 -4.6% | $223,100 -1.5% |
| 2023 | $2,630 +32% | $226,400 +5.5% |
| 2022 | $1,992 +9.6% | $214,600 +26.7% |
| 2021 | $1,818 +5.6% | $169,400 +8.3% |
| 2020 | $1,722 | $156,400 +3% |
| 2019 | $1,722 +8.4% | $151,800 +7.8% |
| 2018 | $1,588 +12% | $140,800 +11.6% |
| 2017 | $1,418 +35% | $126,200 +17.6% |
| 2016 | $1,050 | $107,300 +11.3% |
| 2015 | $1,050 -1.1% | $96,400 -4.2% |
| 2014 | $1,062 +5.6% | $100,600 |
| 2013 | $1,006 -12.1% | -- |
| 2012 | $1,144 | -- |
| 2011 | $1,144 -1.4% | -- |
| 2010 | $1,160 -9.7% | -- |
| 2009 | $1,284 +7.2% | -- |
| 2008 | $1,198 -6.4% | -- |
| 2007 | $1,280 +5.4% | -- |
| 2006 | $1,214 -17% | -- |
| 2004 | $1,462 | -- |
| 2003 | -- | -- |
| 2002 | $1,452 -22.4% | -- |
| 2001 | $1,870 | -- |
Find assessor info on the county website
Neighborhood: 55021
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Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 1.3 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$267,400
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Estimated market value
$267,400
- Minnesota
- Rice County
- Faribault
- 55021
- 516 1st St SW
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