1508 24th Ave
Faribault, MN 55021
4 bd 2 ba 1,858 sqft Built 1990 Lot 15,420 sqft single_family
Most recent sale
$285,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2024 | Sold | $325,000 | NorthstarMLS |
| May 12, 2022 | Sold | $285,000 | MLS #6167715 |
| Mar 22, 2022 | Listed | $285,000 | MLS #6167715 |
| Dec 22, 2017 | Sold | $197,200 | Public Record |
| Nov 18, 2017 | Sold | $205,000 | MLS #4868934 |
| Oct 13, 2017 | Price changed | $205,000 | MLS #4868934 |
| Aug 23, 2017 | Listed | $207,000 | MLS #4868934 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $258,600 | $3,234 |
| 2023 | — | — | $222,600 | $2,758 |
| 2022 | — | — | $192,200 | $2,562 |
| 2021 | — | — | $193,100 | $2,586 |
| 2020 | — | — | $193,100 | $2,326 |
| 2019 | — | — | $176,100 | $1,862 |
| 2018 | — | — | $137,600 | $1,458 |
| 2017 | — | — | $103,300 | $1,796 |
| 2016 | $93,700 | $33,800 | $127,500 | $1,844 |
| 2015 | $94,600 | $33,800 | $128,400 | $1,726 |
| 2014 | $92,300 | $33,800 | $126,100 | $1,824 |
| 2013 | $87,900 | $33,800 | $121,700 | $1,702 |
| 2012 | $87,900 | $33,800 | $121,700 | $1,414 |
| 2011 | — | — | $112,000 | $1,310 |
| 2010 | — | — | $140,900 | $1,334 |
| 2009 | $103,200 | $48,600 | $151,800 | $1,318 |
| 2006 | — | — | $166,400 | $1,434 |
| 2005 | — | — | $160,400 | $1,222 |
Property facts
Year built
1990
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,858 sqft
Lot size
15,420 sqft
ZIP code
55021
City
Faribault
Street
24th Ave
Coordinates
44.30682, -93.30543
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,787
Gross rental yield
11.73%
Implied cap rate
7.63%
Trend-extrapolated value
—
Frequently asked questions
When did 1508 24th Ave last sell?
1508 24th Ave most recently sold on May 12, 2022 for $285,000.
What is the current tax assessment for 1508 24th Ave?
The most recent total assessment for 1508 24th Ave (year 2025) is $258,600 with $3,234 in property tax.
How does 1508 24th Ave's assessment compare to its last sale price?
The current assessment is 9.3% below the last sale price of $285,000.
When was 1508 24th Ave built?
1508 24th Ave was built in 1990.
How does 1508 24th Ave compare to others on 24th Ave?
We track 4 other properties on 24th Ave. Browse the list under "Other properties on 24th Ave" to compare beds, baths, and sale history.
What are the property facts for 1508 24th Ave?
1508 24th Ave is a 4 bed, 2 bath, 1,858 sqft, 15,420 sqft lot single_family.
Is 1508 24th Ave a flip candidate?
No — 1508 24th Ave does not appear in our flips dataset.
Is 1508 24th Ave a tax-appeal candidate?
No — 1508 24th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 24th Ave