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4875 Echo Ct, Faribault, MN, 55021

$69,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontWater Access, Deeded Access, Dock, Shared
ViewOther
MLS #6313774
StatusActive

About 4875 Echo Ct

Come build your home on this hard to find level lot. Includes lake access to Cannon Lake, which is a well maintained lot with dock & boat launch and only 230ft from lot. This lot is 3 miles from I35 and city limits. Established country neighborhood, paved street, natural gas and fiber optic available! Sale to be determined thru Rice County variance approval. Septic soil borings completed 2023. Owners are in the process of applying for building permit for future lot owner. Variance required for approval .

Property Details

Property Features

Listing Office:

  • Office Name: Edina Realty, Inc.

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Deeded Access, Dock, Shared
  • View: Other

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Underground Utilities

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: West HWY 60, Count Rd 12 to Ct Rd 13 to Echo Ct

Price Information

Listing Price Info

Price Summary:

  • List Price: $69,000

HOA Fees:

  • Amount: $100
  • Frequency: Annually
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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

4875 Echo Ct vs Faribault

704 DAYS ON ROCKET

+657 Days

$69,000

-$230.9K Less

KEY TAKEAWAY

This property is $230.9K less than the Median Sold Price in Faribault, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6313774

Listing Office:

  • Office Name: Edina Realty, Inc.

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Property Sales & Tax

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Payment Calculator

$420

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$273

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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-2184635
5
/10
  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 4.06 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2184636
2
/10
  • Faribault Middle School

  • 704 17th St SW

  • 4.11 miles

  • Public District Grades 6-8

High School

school-card-donut-2184637
3
/10
  • Faribault Senior High School

  • 330 9th Ave SW

  • 3.92 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. Most Faribault, MN residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4875 Echo Ct

What is the listing price of this property?

The listing price of 4875 Echo Ct property is $69,000.

What type of property is this?

The property 4875 Echo Ct is land located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 4875 Echo Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4875 Echo Ct are:
Lincoln Elementary School: GreatSchools Rating 5/10
Faribault Middle School: GreatSchools Rating 2/10
Faribault Senior High School: GreatSchools Rating 3/10
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Rocket HomesMinnesotaRice CountyFaribault550214875 Echo Ct

This home is located at 4875 Echo Ct in Faribault, MN and zip code 55021. It has been listed on Rocket Homes since December 01, 2022 and is currently priced at $69,000.

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. The number of homes for sale in Faribault, MN increased by 9.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 47 days, the median list price was $299,900.

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

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