new - 7 days on rocket

616 4th Ave NW, Faribault, MN, 55021

$249,000

Home List Price

$2,957*

Closing Credit

3 Bedrooms
1 Full Bath
2,104 SqFt
$118/SqFt
House

Location

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616 4th Ave NW, Faribault$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage3 spaces
Year Built1959
HeatingSteam
CoolingCentral Air
BasementYes
MLS #6630374
StatusActive

About 616 4th Ave NW

Don’t miss out on this beautifully maintained 3-bedroom, 1 ½ bath home, offering plenty of space and great potential! The bright and roomy kitchen features custom-built cabinets and ample space for an eat-in area, making it the perfect spot for casual dining. A semi-formal dining area seamlessly flows into the comfortable living room, ideal for family gatherings and entertaining. The main floor includes spacious bedrooms, with the added convenience of the option for main-floor laundry. The partially finished basement offers a generous family room, ready for your personal touch to create a cozy entertainment zone. You'll also find a ½ bath, additional laundry space, and plenty of storage for all your needs. Outside, the property features a detached oversized 2+ stall garage—perfect for car enthusiasts or anyone in need of extra space for hobbies, tools, or storage, along with a utility shed located behind the garage, and a detached porch to enjoy the outdoors. This home offers both comfort and functionality, with room to grow and personalize. Schedule your showing today to see all this wonderful property has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1959
  • Living Area: 2,104 SqFt

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 60/4th St NW, turn north onto 4th Ave NW.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $2,116
  • 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

616 4th Ave NW vs Faribault

7 DAYS ON ROCKET

-40 Days

$249,000

-$50.9K Less

$118/SqFt

-$48 Less

KEY TAKEAWAY

This property is $50.9K 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: #6630374

Listing Office:

  • Office Name: Weichert, REALTORS- Heartland

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Last updated on: 11/20/2024, 11:52:47 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$2,116$191,200
2019$1,928$144,600
2018$1,762$129,900
2017$1,706$122,100

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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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.

Nearby Schools

school-card-donut-188733
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-188734
5
/10

  • Roosevelt Elementary School

  • 925 Parshall St

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-188735
3
/10

  • Jefferson Elementary School

  • 922 Home Pl

  • 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 $33,145. The most common annual income of people living in Faribault, MN is less than $35k. Typical family type 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 616 4th Ave NW

What is the listing price of this property?

The listing price of 616 4th Ave NW property is $249,000.

What type of property is this?

The property 616 4th Ave NW is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 616 4th Ave 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 $2,116 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 616 4th Ave NW has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 616 4th Ave NW is 2,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 616 4th Ave NW is 1959.

Rocket Homes›Minnesota›Rice County›Faribault›55021›616 4th Ave NW

This home is located at 616 4th Ave NW in Faribault, MN and zip code 55021. This 2,104 square foot home was built in 1959. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $249,000.

In October 2024, from all listings sold in Faribault, MN there were more than 9 sold above asking price, over 7 sold below and more than 11 were sold right at the asked price. The inventory of homes for sale in Faribault, MN between September 2024 and October 2024 increased by 9.6%. The median list price of listings available in October 2024 was $299,900, while the average time on the real estate market was 47 days.

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

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