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1121 1st St

Faribault, MN 55021

4 bd 2 ba 1,698 sqft Built 1953 Lot 6,534 sqft single_family
Most recent sale
$220,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 27, 2022 Sold $220,000 MLS #6250720
Aug 22, 2022 Listed $224,900 MLS #6250720
May 24, 2018 Sold $159,900 MLS #4939201
Apr 16, 2018 Listed $162,900 MLS #4939201
Mar 16, 2018 Sold $88,000 MLS #4901157
Feb 7, 2018 Relisted $88,000 MLS #4901157
Jan 16, 2018 Listed $88,000 MLS #4901157
Aug 29, 2008 Sold $130,100 Public Record
May 18, 2007 Sold $150,000 Public Record
May 3, 2007 Listed $149,900 MLS #2929828

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $115,000 $1,454
2019 $107,000 $966
2018 $67,700 $1,218
2017 $68,300 $20,300 $88,600 $826
2016 $53,400 $762
2015 $47,100 $740
2014 $48,100 $762
2013 $45,700 $836
2012 $56,500 $980
2011 $76,100 $892
2010 $105,300 $930
2009 $128,600 $980
2006 $133,600 $1,082

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,698 sqft
Lot size
6,534 sqft
ZIP code
55021
City
Faribault
Street
1st St
Coordinates
44.29117, -93.28592

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,547
Gross rental yield
13.89%
Implied cap rate
9.03%
Trend-extrapolated value

Frequently asked questions

When did 1121 1st St last sell?
1121 1st St most recently sold on Sep 27, 2022 for $220,000.
What is the current tax assessment for 1121 1st St?
The most recent total assessment for 1121 1st St (year 2020) is $115,000 with $1,454 in property tax.
How does 1121 1st St's assessment compare to its last sale price?
The current assessment is 47.7% below the last sale price of $220,000.
When was 1121 1st St built?
1121 1st St was built in 1953.
How does 1121 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1121 1st St?
1121 1st St is a 4 bed, 2 bath, 1,698 sqft, 6,534 sqft lot single_family.
Is 1121 1st St a flip candidate?
Yes — 1121 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1121 1st St a tax-appeal candidate?
No — 1121 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast

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