new - 3 days on rocket

109 7th Ave NW, Faribault, MN, 55021

$209,000

Home List Price

$2,482*

Closing Credit

2 Bedrooms
1 Full Bath
1,890 SqFt
$111/SqFt
House

Location

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109 7th Ave NW, Faribault$209,000

Buyer Closing Credits

$2,482*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage, Storage
Attached Garage1 space
Year Built1973
HeatingForced Air
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #6626026
StatusActive

About 109 7th Ave NW

Move in condition home where you can finish the sentence "Home is where the heart is!" Amazing remodel boasting new luxury vinyl flooring, newly painted cabinet fronts, newly painted trim, quaint back storage/porch w/a walk-out to backyard w/a firepit, storage shed, and fully fenced yard. The entry through front door is lined in cedar w/a perfect room to rest and relax - what an entry to a perfect home! Enjoy a spacious living/family room, high ceilings, new paint, newer carpet, lighting, and wainscoting. 2 bedrooms on main; large main bath w/walk-in shower, bowl sink, and plenty of storage. It all fits together well with a workout room in lower with addt'l storage. This home will nicely surprise you and offer a perfect journey's start.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Living Area: 1,890 SqFt

Listing Office:

  • Office Name: Bridge Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage, Storage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Window Unit(s)

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: 4th St E to 7th Ave NW to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $209,000
  • Price Per SqFt: $111/SqFt

Tax Information:

  • Annual Amount: $1,546
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$299.9K

Med. Price/SqFt

$165

Avg. Days On Market

47

# of Sold Homes

27

109 7th Ave NW vs Faribault

3 DAYS ON ROCKET

-44 Days

$209,000

-$90.9K Less

$111/SqFt

-$55 Less

KEY TAKEAWAY

This property is $90.9K less than the Median Sold Price and $55/SqFt less than other homes in Faribault, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6626026

Listing Office:

  • Office Name: Bridge Realty, LLC

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Last updated on: 11/5/2024, 9:22:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2019Home Sold
$150,000
Jul 06, 2016Home Sold
$105,000
Oct 12, 2012Home Sold
$55,100
Feb 16, 2005Home Sold
$129,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,546$128,100
2019$1,174$84,800
2018$1,058$74,800
2017$952$64,900

History based on county public records data.

Payment Calculator

$1,111

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$693

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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-2046460
5
/10
  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 0.49 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2046461
2
/10
  • Faribault Middle School

  • 704 17th St SW

  • 1.47 miles

  • Public District Grades 6-8

High School

school-card-donut-2046462
3
/10
  • Faribault Senior High School

  • 330 9th Ave SW

  • 0.46 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,435. Typical income of Faribault, MN residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 109 7th Ave NW

What is the listing price of this property?

The listing price of 109 7th Ave NW property is $209,000.

What type of property is this?

The property 109 7th Ave NW is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 109 7th Ave NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 109 7th Ave 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 $1,546 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2019 for $150,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 109 7th Ave NW has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 109 7th Ave NW is 1,890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 109 7th Ave NW is 1973.

Rocket Homes›Minnesota›Rice County›Faribault›55021›109 7th Ave NW

This home is located at 109 7th Ave NW in Faribault, MN and zip code 55021. This 1,890 square foot home was built in 1973. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $209,000.

Faribault, MN housing market in October 2024 saw over 9 listings sold above listed price, more than 11 sold at listed price and over 7 sold below. In October 2024 in Faribault, MN there were 9.6% more homes for sale than in September 2024. Listings spent 47 days on the market in October 2024, and had a median list price of $299,900 during the same period.

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

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