3 months on rocket

7742 185th St W, Faribault, MN, 55021

$899,900

Home List Price

$10,000*

Closing Credit

4 Bedrooms
1 Full Bath
1,088 SqFt
$827/SqFt
House

Location

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7742 185th St W, Faribault$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel
Garage2 spaces
Year Built1873
HeatingForced Air
CoolingNone
BasementYes
MLS #6594452
StatusActive

About 7742 185th St W

Are you looking for an exceptional rural building site to call home? This 97.60 acre farm is located just 5 minutes from Faribault and provides a combination of flat lands, low lands, rolling hills, meadows, Ag land and woods. There are potentially three other building sites if separated appropriately. The home has been vacant since 2010 and is considered inhabitable. Build your dream home on this stunning piece of earth and enjoy the beautiful sunrise & sunsets! The property sits adjacent to Willing Lake which aids in nourishing the local wildlife! Folks don't sit around and think about this opportunity as it is a once in a lifetime to own a majestic piece of land with income options! Call for a private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1873
  • Living Area: 1,088 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From Lyndale Ave. head West onto 7th St. NW, then merge rt onto Roberds Lake Blvd then left onto 185th St. W.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $827/SqFt

Tax Information:

  • Annual Amount: $3,516
  • 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

35

# of Sold Homes

24

7742 185th St W vs Faribault

102 DAYS ON ROCKET

+67 Days

$899,900

+$600K More

$827/SqFt

+$661 More

KEY TAKEAWAY

This property is $600K more than the Median Sold Price and $661/SqFt more than other homes in Faribault, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6594452

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/21/2024, 11:52:49 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$3,516$513,400
2019$3,412$511,300
2018$3,432$499,200
2017$3,476$492,100

History based on county public records data.

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$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

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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-848825
6
/10

  • Morristown Elementary School

  • 23 Ann St

  • 6.48 miles

  • Public District Grades 5-6

school-card-donut-848826
5
/10

  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 6.68 miles

  • Public District Grades KG-5

school-card-donut-848827
3
/10

  • Jefferson Elementary School

  • 922 Home Pl

  • 7.04 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 $71,705. The majority of Faribault, MN residents have income between $35k-100k annually. Most families are married, 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 7742 185th St W

What is the listing price of this property?

The listing price of 7742 185th St W property is $899,900.

What type of property is this?

The property 7742 185th St W is a house located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 7742 185th St W 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 $3,516 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7742 185th St W has 4 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 7742 185th St W is 1,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7742 185th St W is 1873.

Rocket Homes›Minnesota›Rice County›Faribault›55021›7742 185th St W

This home is located at 7742 185th St W in Faribault, MN and zip code 55021. This 1,088 square foot home was built in 1873. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $899,900.

In November 2024 more than 4 listings in Faribault, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 17 were sold below. The number of listings in Faribault, MN decreased by 8.8% between October 2024 and November 2024. In November 2024, listings were on the market for 35 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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