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2108 2nd Avenue

2108 2nd Avenue, Faribault, MN 55021
Property in Faribault
Sold Apr 13, 2021
$170,000
$158,000 by Us Bank Na
Mortgage Due May 01, 2051
Sold Aug 13, 2018
$144,000
$145,454 by Stearns Lending Llc
Mortgage Due Sep 01, 2048
2108 2nd Avenue in Faribault, MN was first built in 1940 and is 84 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 2108 2nd Avenue has 864 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 122 ft and the linear feet between the front and back of the lot is 120. In total, the area measurement of the land is 14,700 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 576 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of metal. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2108 2nd Avenue was last sold in Apr 9, 2021 for $170,000. According to our calculations, that's $196.76 per sqft. Prior to that sales transaction, the property was sold for $144,000 in Aug 10, 2018. Current property owners are expected to pay $2,052 in taxes per year. The property on 2108 2nd Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,700. To break that down further, the land itself was valued at $59,500. While improvements to the property were assessed at a total of $130,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Metal
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 864
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 14,700
  • Lot Size Depth Feet: 120
  • Lot Size Frontage Feet: 122
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AUD PLAT #1 SW4 19-110-20
  • Land Acres: 0.337
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 117 OF AUD PLAT #1 SW4 19-110-20 L117-118-119-120-121 & N5FT L116 AUD PLAT #1 SW4

Ownership

  • Current Owner : FRANCO JOSEPH
  • Previous Owner : KARARO ANTHONY J
  • Previous Owner 2: FERNANDEZ BEATRIZ
  • Owner Before Previous Owner: TOPNESS DONNEL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Faribault Public School District
  • School Tax School District: 656
  • School Tax District Code 2: FARIBO
  • Census Tract: 070901

Geography

  • Parcel: 18.19.3.77.050
  • Lot: 117
  • Meridian: SEC 19 TWN 110 RNG 020
  • Municipality: CITY OF FARIBAULT
  • Latitude: 44.3136
  • Longitude: -93.2731

    Address

  • Full Address: 2108 2nd Ave Nw
  • Address - House Number: 2108
  • Street Segment Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Faribault
  • Carrier Code: C007
  • 4-Digit Zip Code: 2404
  • Zip Code: 55021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,052
  • Tax Rate Code Area: FARIBO-SD6

    Appraisal Valuation

  • Standard Deviation: 0.2654
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 203,993
  • High Value: 258,147
  • Low Value: 149,839

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $328,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 13, 2021
  • First Open Lien Mortgage Loan Amount: $158,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051
  • Second Open Lien Mortgage Loan Amount: $170,000
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $189,700
  • Market Land Value: $59,500
  • Market Improvement Value: $130,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,700
  • Assessed Land Value: $59,500
  • Assessed Improvements Value: $130,200

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Transaction ID: 11831587020
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A738306
  • Previous Sale Recording Date: Aug 13, 2018
  • Previous Sale Contract Date: Aug 10, 2018
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Apr 13, 2021
  • First Mortgage Loan Amount: $158,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STEARNS LENDING LLC
  • Previous Mortgage Transaction Date: Aug 13, 2018
  • Previous Mortgage Loan Amount: $145,454
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Faribault



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Frequently Asked Questions

What neighborhood is 2108 2nd Avenue located in?
The 2108 2nd Avenue is a located in the neighborhood of Faribault in Faribault, Faribault.
What is the average sales price for listings in 2108 2nd Avenue?
The average sales price for units in 2108 2nd Avenue is $0 currently.

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