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724 3rd Street Northeast

724 3rd Street Northeast, Faribault, MN 55021
Property in Faribault
Sold Oct 20, 2020
$212,900
$170,320 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2050
Sold Dec 12, 2016
$162,400
$158,221 by Wintrust Mortgage
Mortgage Due Jan 01, 2047
724 3rd Street Northeast in Faribault, MN was first built in 1950 and is 74 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 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 724 3rd Street Northeast has 1,475 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 75 ft and the linear feet between the front and back of the lot is 140. In total, the area measurement of the land is 10,500 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a mixed used garage. The garage is 360 sqft. There are a total of 6 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 average. The exterior walls of the home are made of wood siding. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Oct 16, 2020 for $212,900. That's $144.34 per sqft. Prior to that sales transaction, the property was also sold in Dec 9, 2016 for $162,400. 724 3rd Street Northeast was last assessed in 2023. The total value of the property was assessed at $244,700. Specifically, the land the property is located on was valued at $53,300. While improvements on the property were assessed at a total of $191,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,814. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 1,355
  • Parking Type: Attached
  • Garage Type: Mixed use
  • Garage Square Area: 360
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 75
  • Total Building Area: 1,475
  • Building Area: 1,475
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,475
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCALLS
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLOCK 1 OF MCCALLS

Ownership

  • Current Owner : WEGNER GLEN A
  • Current Owner 2: WEGNER JOAN P
  • Previous Owner : GARCIA FELICIANO
  • Owner Before Previous Owner: MOON LISA
  • Owner Before Previous Owner 2: SNYDER DEBRA J

Neighborhood

  • School District Name: Faribault Public School District
  • School Tax School District: 656
  • School Tax District Code 2: FARIBO
  • Census Tract: 070702

Geography

  • Parcel: 18.32.2.78.011
  • Block: 1
  • Lot: 10
  • Municipality: CITY OF FARIBAULT
  • Latitude: 44.294
  • Longitude: -93.2564

    Address

  • Full Address: 724 3rd St Ne
  • Address - House Number: 724
  • Street Segment Direction: NE
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: MN
  • City Name: Faribault
  • Carrier Code: C002
  • 4-Digit Zip Code: 4402
  • Zip Code: 55021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $2,814
  • Tax Rate Code Area: FARIBO-SD6

    Appraisal Valuation

  • Standard Deviation: 0.1457
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 267,053
  • High Value: 305,972
  • Low Value: 228,134

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,320
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $170,320
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $244,700
  • Market Land Value: $53,300
  • Market Improvement Value: $191,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,700
  • Assessed Land Value: $53,300
  • Assessed Improvements Value: $191,400

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11795175536
  • Current Sale Price: $212,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: T58975
  • Previous Sale Recording Date: Dec 12, 2016
  • Previous Sale Contract Date: Dec 09, 2016
  • Previous Sale Amount: $162,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $170,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Dec 12, 2016
  • Previous Mortgage Loan Amount: $158,221
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Faribault



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Frequently Asked Questions

What neighborhood is 724 3rd Street Northeast located in?
The 724 3rd Street Northeast is a located in the neighborhood of Faribault in Faribault, Faribault.
What is the average sales price for listings in 724 3rd Street Northeast?
The average sales price for units in 724 3rd Street Northeast is $0 currently.

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