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1222 2nd St

Faribault, MN 55021

3 bd 1 ba 1,316 sqft Built 1910 Lot 6,578 sqft single_family
Most recent sale
$146,500
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $146,500 MLS #6254236
Aug 28, 2022 Listed $146,500 MLS #6254236
Jun 3, 2008 Sold $102,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $90,600 $1,230
2019 $89,200 $1,104
2018 $78,400 $1,050
2017 $72,300 $988
2016 $65,300 $1,134
2015 $73,900 $1,084
2014 $74,000 $1,108
2013 $69,300 $1,182
2012 $81,800 $1,376
2011 $108,900 $1,230
2010 $134,200 $1,178
2009 $147,100 $1,174
2006 $143,900 $1,294

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,316 sqft
Lot size
6,578 sqft
ZIP code
55021
City
Faribault
Street
2nd St
Coordinates
44.29263, -93.28742

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$879
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1222 2nd St last sell?
1222 2nd St most recently sold on Oct 14, 2022 for $146,500.
What is the current tax assessment for 1222 2nd St?
The most recent total assessment for 1222 2nd St (year 2020) is $90,600 with $1,230 in property tax.
How does 1222 2nd St's assessment compare to its last sale price?
The current assessment is 38.2% below the last sale price of $146,500.
When was 1222 2nd St built?
1222 2nd St was built in 1910.
How does 1222 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 1222 2nd St?
1222 2nd St is a 3 bed, 1 bath, 1,316 sqft, 6,578 sqft lot single_family.
Is 1222 2nd St a flip candidate?
No — 1222 2nd St does not appear in our flips dataset.
Is 1222 2nd St a tax-appeal candidate?
No — 1222 2nd 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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