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716 1st St

Faribault, MN 55021

3 bd 2 ba 1,709 sqft Built 1880 Lot 10,193 sqft single_family
Most recent sale
$238,500
Feb 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 13, 2026 Sold $249,900 NorthstarMLS
Jan 22, 2026 Listed $249,900 NorthstarMLS
Nov 24, 2025 Price changed $249,900 NorthstarMLS
Oct 16, 2025 Price changed $252,000 NorthstarMLS
Sep 11, 2025 Listed $259,900 NorthstarMLS
Jul 19, 2023 Sold $250,000 NorthstarMLS
Feb 10, 2022 Sold $238,500 MLS #6134062
Dec 17, 2021 Price changed $234,900 MLS #6134062
Dec 9, 2021 Listed $239,900 MLS #6134062
Aug 26, 2021 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $99,500 $41,700 $141,200 $1,866
2021 $86,600 $40,000 $126,600 $1,816
2020 $86,600 $40,000 $126,600 $1,744
2019 $83,200 $40,000 $123,200 $1,640
2018 $76,400 $36,700 $113,100 $1,558
2017 $70,300 $33,300 $103,600 $1,296
2016 $77,300 $1,244
2015 $70,200 $1,080
2014 $73,800 $1,110
2013 $69,500 $1,014
2012 $69,500 $1,094
2011 $85,500 $1,116
2010 $124,400 $1,048
2009 $138,400 $1,082
2006 $131,200 $1,056

Property facts

Year built
1880
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,709 sqft
Lot size
10,193 sqft
ZIP code
55021
City
Faribault
Street
1st St
Coordinates
44.29160, -93.28046

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
$2,564
Gross rental yield
12.90%
Implied cap rate
8.39%
Trend-extrapolated value

Frequently asked questions

When did 716 1st St last sell?
716 1st St most recently sold on Feb 10, 2022 for $238,500.
What is the current tax assessment for 716 1st St?
The most recent total assessment for 716 1st St (year 2022) is $141,200 with $1,866 in property tax.
How does 716 1st St's assessment compare to its last sale price?
The current assessment is 40.8% below the last sale price of $238,500.
When was 716 1st St built?
716 1st St was built in 1880.
How does 716 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 716 1st St?
716 1st St is a 3 bed, 2 bath, 1,709 sqft, 10,193 sqft lot single_family.
Is 716 1st St a flip candidate?
Yes — 716 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 716 1st St a tax-appeal candidate?
No — 716 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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