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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

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: 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.

Med. Sold Price

$299.9K

Med. Price/SqFt

$165

Avg. Days On Market

47

# of Sold Homes

27

7742 185th St W vs Faribault

55 DAYS ON ROCKET

+8 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: 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$3,516$513,400
2019$3,412$511,300
2018$3,432$499,200
2017$3,476$492,100

History based on county public records data.

Payment Calculator

$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.

Elementary School

school-card-donut-2108393
5
/10
  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 6.66 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2108394
2
/10
  • Faribault Middle School

  • 704 17th St SW

  • 7.66 miles

  • Public District Grades 6-8

High School

school-card-donut-2108395
3
/10
  • Faribault Senior High School

  • 330 9th Ave SW

  • 6.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,705. Most Faribault, MN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically 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 are the assigned schools for this property?

The assigned schools for 7742 185th St W are:
Lincoln Elementary School: GreatSchools Rating 5/10
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 $3,516 (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 HomesMinnesotaRice CountyFaribault550217742 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.

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. In October 2024 in Faribault, MN there were 9.6% more homes for sale than in September 2024. 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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