17 days on rocket

Sale Pending

1813 7th St NW, Faribault, MN, 55021

$475,000

Home List Price

$5,641*

Closing Credit

3 Bedrooms
1 Full Bath
1,924 SqFt
$247/SqFt
House
Schools Nearby

Location

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1813 7th St NW, Faribault$475,000

Buyer Closing Credits

$5,641*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Asphalt, Heated Garage, RV Access/Parking, Storage
Garage2 spaces
Year Built1950
HeatingForced Air
CoolingCentral Air
BasementYes
MLS #6517637
StatusSale Pending
(Pending)

About 1813 7th St NW

Looking for a meticulously maintained property with an established BUSINESS?! Look no further! This commercial zoned property has been used as an auto body shop; however, the possibilities are endless. The 54x28 shop is immaculately well kept and features a car hoist, heating/cooling systems, paint booth, ventilation, bathroom and office! The bonus is you can live where you work or use as a rental property!! This amazing 3 bed 2 bath home features a large master suite, open kitchen, large living room, updated flooring, washer and dryer on the main, finished basement, stainless steel appliances and so much more! Outside features maintenance free siding, large blacktop driveway with ample parking, 2 patios, storage sheds and large shop! Schedule a showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,924 SqFt

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

Interior Features

Interior Information:

  • Appliances: Cooktop, Dryer, Microwave, Range, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Heated Garage, RV Access/Parking, Storage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Faribault Senior High School, Public District Grades 9-12
  • Faribault Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Hwy 21 South, take right on 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $2,610
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Faribault, MN.

Map thumbnail provided by MapBox

Faribault, MN

City

Med. Sold Price

$279.4K

Med. Price/SqFt

$150

Avg. Days On Market

22

# of Sold Homes

16

1813 7th St NW vs Faribault

17 DAYS ON ROCKET

-5 Days

$475,000

+$195.5K More

$247/SqFt

+$96 More

KEY TAKEAWAY

This property is $195.5K more than the Median Sold Price and $96/SqFt more than other homes in Faribault, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6517637

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

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Last updated on: 4/28/2024, 10:22:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,610$208,600
2019$1,822$136,100
2018$1,600$117,200
2017$1,492$105,900

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2688341
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 0.43 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2688342
2
/10

  • Faribault Middle School

  • 704 17th St SW

  • 2.07 miles

  • Public District Grades 6-8

High School

school-card-donut-2688343
3
/10

  • Faribault Senior High School

  • 330 9th Ave SW

  • 0.95 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,417. The most common annual income of people living in Faribault, MN is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1813 7th St NW

What is the listing price of this property?

The listing price of 1813 7th St NW property is $475,000.

What type of property is this?

The property 1813 7th St NW is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Sale Pending: 1813 7th St NW is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1813 7th St NW are:
Lincoln Elementary School: GreatSchools Rating 5/10
Faribault Middle School: GreatSchools Rating 2/10
Faribault Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,610 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1813 7th St NW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1813 7th St NW is 1,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1813 7th St NW is 1950.

Rocket Homes›Minnesota›Rice County›Faribault›55021›1813 7th St NW

This home is located at 1813 7th St NW in Faribault, MN and zip code 55021. This 1,924 square foot home was built in 1950. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $475,000.

In March 2024 more than 5 listings in Faribault, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. The number of listings in Faribault, MN increased by 9.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $279,450, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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