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1023 8th Ave

Faribault, MN 55021

3 bd 3 ba 1,526 sqft Built 1919 Lot 8,276 sqft single_family
Most recent sale
$231,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $231,000 MLS #6220697
Jun 29, 2022 Price changed $235,000 MLS #6220697
Jun 17, 2022 Listed $250,000 MLS #6220697
Jul 18, 2019 Sold $175,000 MLS #7020947
Apr 9, 2010 Sold $143,900 MLS #3875288
Feb 24, 2010 Price changed $139,900 MLS #3875288
Jan 25, 2010 Listed $144,500 MLS #3875288
Aug 28, 2009 Sold $60,100 Public Record
Jul 15, 2009 Sold $60,100 MLS #3672448
Jun 17, 2009 Price changed $67,900 MLS #3672448
May 16, 2009 Price changed $74,900 MLS #3672448
Apr 15, 2009 Listed $84,900 MLS #3672448
May 21, 2001 Sold $98,000 Public Record
Feb 28, 2000 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $123,500 $1,578
2019 $113,200 $454
2018 $98,500 $1,310
2017 $92,100 $1,314
2016 $89,200 $1,270
2015 $83,700 $1,214
2014 $83,900 $1,252
2013 $79,200 $1,208
2012 $83,600 $1,210
2011 $95,200 $1,082
2010 $121,600 $1,458
2009 $136,400 $1,062
2006 $136,300 $1,112

Property facts

Year built
1919
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,526 sqft
Lot size
8,276 sqft
ZIP code
55021
City
Faribault
Street
8th Ave
Coordinates
44.27904, -93.27968

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,289
Gross rental yield
11.89%
Implied cap rate
7.73%
Trend-extrapolated value

Frequently asked questions

When did 1023 8th Ave last sell?
1023 8th Ave most recently sold on Sep 2, 2022 for $231,000.
What is the current tax assessment for 1023 8th Ave?
The most recent total assessment for 1023 8th Ave (year 2020) is $123,500 with $1,578 in property tax.
How does 1023 8th Ave's assessment compare to its last sale price?
The current assessment is 46.5% below the last sale price of $231,000.
When was 1023 8th Ave built?
1023 8th Ave was built in 1919.
How does 1023 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 1023 8th Ave?
1023 8th Ave is a 3 bed, 3 bath, 1,526 sqft, 8,276 sqft lot single_family.
Is 1023 8th Ave a flip candidate?
No — 1023 8th Ave does not appear in our flips dataset.
Is 1023 8th Ave a tax-appeal candidate?
No — 1023 8th Ave 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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