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1724 2nd St

Faribault, MN 55021

3 bd 2 ba 1,556 sqft Built 1936 Lot 7,841 sqft single_family
Most recent sale
$210,000
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $210,000 MLS #6256522
Sep 2, 2022 Listed $209,900 MLS #6256522
Jul 26, 2022 Sold $130,000 MLS #6233691
Jul 12, 2022 Listed $172,000 MLS #6233691
Mar 17, 2004 Sold $138,000 Public Record
Aug 31, 2000 Sold $95,000 Public Record
Sep 11, 1998 Sold $39,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $121,700 $1,506
2019 $111,100 $1,306
2018 $94,200 $1,240
2017 $86,800 $1,250
2016 $84,500 $1,264
2015 $83,200 $1,180
2014 $81,400 $1,176
2013 $74,000 $1,076
2012 $74,000 $1,018
2011 $79,300 $952
2010 $110,500 $1,000
2009 $136,200 $1,059
2006 $134,300 $1,230

Property facts

Year built
1936
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,556 sqft
Lot size
7,841 sqft
ZIP code
55021
City
Faribault
Street
2nd St
Coordinates
44.28853, -93.29353

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,334
Gross rental yield
13.34%
Implied cap rate
8.67%
Trend-extrapolated value

Frequently asked questions

When did 1724 2nd St last sell?
1724 2nd St most recently sold on Oct 13, 2022 for $210,000.
What is the current tax assessment for 1724 2nd St?
The most recent total assessment for 1724 2nd St (year 2020) is $121,700 with $1,506 in property tax.
How does 1724 2nd St's assessment compare to its last sale price?
The current assessment is 42.0% below the last sale price of $210,000.
When was 1724 2nd St built?
1724 2nd St was built in 1936.
How does 1724 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 1724 2nd St?
1724 2nd St is a 3 bed, 2 bath, 1,556 sqft, 7,841 sqft lot single_family.
Is 1724 2nd St a flip candidate?
Yes — 1724 2nd St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1724 2nd St a tax-appeal candidate?
No — 1724 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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