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824 3rd St

Faribault, MN 55021

3 bd 3 ba 2,221 sqft Built 1953 Lot 12,632 sqft single_family
Most recent sale
$231,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $231,000 Public Record
Jun 27, 2022 Listed $229,000 MLS #6226512
Nov 18, 2016 Sold $119,900 MLS #4731606
Aug 15, 2016 Price changed $119,900 MLS #4731606
Jun 20, 2016 Listed $124,700 MLS #4731606

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $137,200 $1,776
2019 $132,500 $1,636
2018 $120,000 $1,422
2017 $100,600 $1,444
2016 $98,700 $1,354
2015 $89,700 $1,370
2014 $95,700 $1,414
2013 $90,300 $1,300
2012 $90,300 $1,302
2011 $102,700 $1,310
2010 $141,000 $1,268
2009 $164,700 $1,360
2006 $166,500 $1,436

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,221 sqft
Lot size
12,632 sqft
ZIP code
55021
City
Faribault
Street
3rd St
Coordinates
44.28748, -93.28149

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
$1,386
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 824 3rd St last sell?
824 3rd St most recently sold on Aug 1, 2022 for $231,000.
What is the current tax assessment for 824 3rd St?
The most recent total assessment for 824 3rd St (year 2020) is $137,200 with $1,776 in property tax.
How does 824 3rd St's assessment compare to its last sale price?
The current assessment is 40.6% below the last sale price of $231,000.
When was 824 3rd St built?
824 3rd St was built in 1953.
How does 824 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 824 3rd St?
824 3rd St is a 3 bed, 3 bath, 2,221 sqft, 12,632 sqft lot single_family.
Is 824 3rd St a flip candidate?
No — 824 3rd St does not appear in our flips dataset.
Is 824 3rd St a tax-appeal candidate?
No — 824 3rd 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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