17 days on rocket

504 1st St NW, Faribault, MN, 55021

$225,000

Home List Price

$2,672*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,907 SqFt
$118/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

504 1st St NW, Faribault$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage1 space
Year Built1900
HeatingBaseboard
CoolingWindow Unit(s)
BasementYes
MLS #6636844
StatusActive

About 504 1st St NW

Fantastic oppourtunity! This beautiful corner lot home has a ton of curb appeal. And features an updated kitchen, both bathrooms and flooring throughout in 2022. As well as beautiful open shelving in the kitchen. Laundry on the main level is an added bonus. 2 porches and a patio make for unlimited outdoor entertainment options. It is only 3 blocks from a main road that has plenty of restaurant and shopping options and is close to parks and schools. Come experience small town living!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,907 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached Garage

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From I-35 take exit 21, South on Lyndale Ave to MN 60, Left/East on 60 to 5th Ave NW, South on 5th 3 blocks, house is on the corner of 5th and 1rst.

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $1,090
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Faribault, MN

City

Med. Sold Price

$299.9K

Med. Price/SqFt

$165

Avg. Days On Market

35

# of Sold Homes

24

504 1st St NW vs Faribault

17 DAYS ON ROCKET

-18 Days

$225,000

-$74.9K Less

$118/SqFt

-$48 Less

KEY TAKEAWAY

This property is $74.9K less than the Median Sold Price and $48/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: #6636844

Listing Office:

  • Office Name: Realty Group LLC

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:22:52 PM 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 09, 2008Home Sold
$119,050

Tax History

YEARPROP. TAXASSESSMENT
2021$1,090$114,300
2019$1,030$73,300
2018$920$64,100
2017$874$55,000

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

Powered By

Rocket Mortgage

Advertisement

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.

Nearby Schools

school-card-donut-797847
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-797848
3
/10

  • Jefferson Elementary School

  • 922 Home Pl

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-797849
5
/10

  • Roosevelt Elementary School

  • 925 Parshall St

  • 1.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,435. The majority of Faribault, MN residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 504 1st St NW

What is the listing price of this property?

The listing price of 504 1st St NW property is $225,000.

What type of property is this?

The property 504 1st St NW is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 504 1st St NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,090 (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 9, 2008 for $119,050. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 504 1st St NW has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 504 1st St NW is 1,907 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 504 1st St NW is 1900.

Rocket Homes›Minnesota›Rice County›Faribault›55021›504 1st St NW

This home is located at 504 1st St NW in Faribault, MN and zip code 55021. This 1,907 square foot home was built in 1900. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $225,000.

Over 4 listings were sold over their listed price in November 2024 in Faribault, MN. In the same period over 17 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Faribault, MN decreased by 8.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $299,900, while the average time on the real estate market was 35 days.

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

More Resources