3 months on rocket

818 4th St NW, Faribault, MN, 55021

$1,800,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6579551
StatusActive

About 818 4th St NW

Excellent opportunity for this great site. Plan available for a 54 unit apartment building with TIF available. Great location with room for apartment or a building of your liking and plenty of room for parking.

Property Details

Property Features

Listing Office:

  • Office Name: RE/MAX Results

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: Glendale Ave N to 60th/4th St NW to 8th Ave NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,800,000

Tax Information:

  • Annual Amount: $12,692
  • 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

818 4th St NW vs Faribault

96 DAYS ON ROCKET

+49 Days

$1,800,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more 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: #6579551

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/5/2024, 6:22:48 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$12,692$451,900
2019$16,718$497,700
2018$17,202$492,700
2017$17,436$482,600

History based on county public records data.

Payment Calculator

$9,051

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,463

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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-31720
5
/10
  • Lincoln Elementary School

  • 510 Lincoln Ave NW

  • 0.26 miles

  • Public District Grades KG-5

Middle School

school-card-donut-31721
2
/10
  • Faribault Middle School

  • 704 17th St SW

  • 1.72 miles

  • Public District Grades 6-8

High School

school-card-donut-31722
3
/10
  • Faribault Senior High School

  • 330 9th Ave SW

  • 0.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,145. Typical income of Faribault, MN residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 818 4th St NW

What is the listing price of this property?

The listing price of 818 4th St NW property is $1,800,000.

What type of property is this?

The property 818 4th St NW is land located in Faribault, Minnesota, 55021.

Is this property for sale now?

Active Listing: 818 4th St NW is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 818 4th St NW 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 $12,692 (source: MLS/based on county public records data).
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Rocket HomesMinnesotaRice CountyFaribault55021818 4th St NW

This home is located at 818 4th St NW in Faribault, MN and zip code 55021. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $1,800,000.

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. In October 2024 in Faribault, MN there were 9.6% more homes for sale than in September 2024. Listings spent 47 days on the market in October 2024, and had a median list price of $299,900 during the same period.

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

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