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1520 Trailwood Ln SW, Faribault, MN, 55021

$425,000

Home List Price

$5,047*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
2,874 SqFt
$148/SqFt
House

Location

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1520 Trailwood Ln SW, Faribault$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage3 spaces
Year Built1993
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceGas
MLS #6612950
StatusActive

About 1520 Trailwood Ln SW

Get ready to fall in love with this extraordinary 5-bed, 3-bath home, complete with a spacious 3-car garage, situated on a sprawling, level lot. This home has undergone a total transformation, starting from the exterior with a fresh coat of paint & a brand-new roof. As you step inside, you'll be greeted by a grand formal sitting room with high vaulted ceilings & expansive windows, a formal dining room & a well-appointed kitchen with plenty of counter space & storage, as well as a casual dining area that opens into a charming living room with access to a low-maintenance deck. Upstairs, you'll find 4 bedrooms with gorgeous hardwood floors, including the luxurious primary bedroom featuring an exquisite private bath with a walk-in tiled shower, a jetted soaking tub & a spacious walk-in closet. The lower level offers a comfortable family room, an additional bedroom & a generously sized storage room. Homes of this caliber are a rare find – don't miss the opportunity to see it for yourself!

Property Details

Property Features

Property Information:

  • Year Built: 1993
  • Living Area: 2,874 SqFt

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Range, Refrigerator, Water Softener
  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

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
  • Jefferson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Prairie Ave S, right on Trailwood

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $148/SqFt

Tax Information:

  • Annual Amount: $3,676
  • Tax Year: 2021
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Housing Market Comparison

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

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Faribault, MN

City

Med. Sold Price

$299.9K

Med. Price/SqFt

$165

Avg. Days On Market

47

# of Sold Homes

27

1520 Trailwood Ln SW vs Faribault

32 DAYS ON ROCKET

-15 Days

$425,000

+$125.1K More

$148/SqFt

-$18 Less

KEY TAKEAWAY

This property is $125.1K more than the Median Sold Price and $18/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: #6612950

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

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Last updated on: 11/5/2024, 2:22:49 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$3,676$311,000
2019$3,502$269,400
2018$3,296$249,600
2017$3,502$240,400

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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NMLS#3030

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-2019356
3
/10

  • Jefferson Elementary School

  • 922 Home Pl

  • 0.55 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2019357
2
/10

  • Faribault Middle School

  • 704 17th St SW

  • 0.68 miles

  • Public District Grades 6-8

High School

school-card-donut-2019358
3
/10

  • Faribault Senior High School

  • 330 9th Ave SW

  • 0.94 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 $58,553. Most Faribault, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1520 Trailwood Ln SW

What is the listing price of this property?

The listing price of 1520 Trailwood Ln SW property is $425,000.

What type of property is this?

The property 1520 Trailwood Ln SW is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 1520 Trailwood Ln SW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1520 Trailwood Ln SW are:
Jefferson Elementary School: GreatSchools Rating 3/10
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 $3,676 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1520 Trailwood Ln SW has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1520 Trailwood Ln SW is 2,874 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1520 Trailwood Ln SW is 1993.

Rocket Homes›Minnesota›Rice County›Faribault›55021›1520 Trailwood Ln SW

This home is located at 1520 Trailwood Ln SW in Faribault, MN and zip code 55021. This 2,874 square foot home was built in 1993. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $425,000.

In October 2024 more than 9 listings in Faribault, MN were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 7 were sold below. The number of listings in Faribault, MN increased by 9.6% between September 2024 and October 2024. In October 2024, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $299,900.

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

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