Full of charm and potential, this fixer-upper is a great opportunity for investors and savvy buyers! Featuring a detached garage. Convenient main-level laundry, two bedrooms upstairs, and a bath. Enjoy a welcoming front porch and a rear porch perfect for relaxing. Located in a desirable Faribault neighborhood, this home is ready for your vision.
Closed
Zestimate®
$145,000
518 7th Ave NW, Faribault, MN 55021
2beds
1,472sqft
Single Family
Built in 1889
5,532.12 Square Feet Lot
$145,000 Zestimate®
$99/sqft
$1,708 Estimated rent
Home value
$145,000
$138,000 - $152,000
$1,708/mo
Zestimate® history
Owner options
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$1,708/mo
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$733/mo
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Est. payment
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List your homeWhat's special
Detached garageWelcoming front porchConvenient main-level laundryTwo bedrooms upstairs
Zillow last checked:
Listing updated:
Listed by:
Carrie Hopkins 507-210-3240,
Weichert, REALTORS- Heartland
Bought with:
Jose L. Mendoza
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7058679
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 13x14
Bathroom
- Level: Upper
- Area: 48 Square Feet
- Dimensions: 6x8
Dining room
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14x10
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12x16
Living room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Porch
- Level: Main
- Area: 96 Square Feet
- Dimensions: 16x6
Heating
- Forced Air
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
- Laundry: In Kitchen
Features
- Basement: Partial
- Has fireplace: No
Interior area
- Total structure area: 1,472
- Total interior livable area: 1,472 sqft
- Finished area above ground: 1,216
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Front Porch, Porch, Rear Porch
Lot
- Size: 5,532 sqft
- Dimensions: 42 x 132
Details
- Foundation area: 512
- Parcel number: 1831226060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1889
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & neighborhood
Location
- Region: Faribault
- Subdivision: Mcclellands Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $145,000-2.7%$99/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7058679 Report a problem | ||
| 4/28/2026 | Pending sale | $149,000$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7058679 Report a problem | ||
| 4/20/2026 | Listed for sale | $149,000+3625%$101/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7058679 Report a problem | ||
| 2/4/1998 | Sold | $4,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,580 +15.7% | $150,700 +4.3% |
| 2024 | $1,366 -11% | $144,500 +7.1% |
| 2023 | $1,534 +4.6% | $134,900 +9% |
| 2022 | $1,466 +11.1% | $123,800 +12.2% |
| 2021 | $1,320 +14.6% | $110,300 +12.1% |
| 2020 | $1,152 | $98,400 +12.8% |
| 2019 | $1,152 +64.1% | $87,200 +12.8% |
| 2018 | $702 +2.3% | $77,300 +3.6% |
| 2017 | $686 +1.8% | $74,600 +6% |
| 2016 | $674 | $70,400 +2.5% |
| 2015 | $674 +1.2% | $68,700 -3.6% |
| 2014 | $666 +7.1% | $71,300 |
| 2013 | $622 -12.9% | -- |
| 2012 | $714 | -- |
| 2011 | $714 +19.4% | -- |
| 2010 | $598 -1% | -- |
| 2009 | $604 -6.2% | -- |
| 2008 | $644 +11% | -- |
| 2007 | $580 +10.7% | -- |
| 2006 | $524 +39.4% | -- |
| 2004 | $376 +2.2% | -- |
| 2003 | $368 +2.2% | -- |
| 2002 | $360 -34.5% | -- |
| 2001 | $550 | -- |
Find assessor info on the county website
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$145,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$145,000
- Minnesota
- Rice County
- Faribault
- 55021
- 518 7th Ave NW
Nearby cities
Nearby zip codes
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